Hedge Fund CRM and Compliance Vendor Netage Solutions Recognized by Microsoft for Innovation

CAMBRIDGE (MA) – 8 June, 2005 – Netage Solutions, a leading global provider of front-office software for the alternative assets industry - hedge funds, funds of funds, and private equity funds – today announced that Microsoft has chosen Netage Solutions as one of the 25 innovation partner companies featured in its annual "Innovation Starts Here" book. The publication showcases successful emerging businesses and describes how they have built on the Microsoft foundation to increase customer value, reduce costs, and gain an edge on the competition.

Responding to the needs of the alternative assets industry for a robust CRM solution that streamlines reporting processes and meets compliance requirements, Netage Solutions created the Microsoft-based Dynamo platform that ensures the flexibility to adapt to new industry requirements. Netage’s Dynamo suite extends the familiar Outlook interface to offer customers a powerful, customized tool to manage clients and prospects, track fund-level information, and support regulatory compliance— without having to learn a new program or database. The Microsoft-powered solution brings a vertical-specific CRM platform to the industry, improving the productivity of investor relations by as much as 25 percent.

"We are very pleased to have been selected by Microsoft among the few .NET technology leaders around the world," commented Krassen Draganov, CEO of Netage Solutions. "This is a recognition of our ability to fuse technical innovation with the ability to solve pressing business needs and implement viable solutions for the hedge fund, private equity, and fund of funds industries. Every day, hundreds of deal, compliance and investor relations professionals use our Dynamo suite to be more productive and efficient. We hope the Innovation Starts Here initiative will help inform the alternative assets industry about the benefits of our software."

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