IMAGINE SOFTWARE SWEEPS #1 EQUITY SPOTS IN 2006 RISK MAGAZINE AWARDS

New York - 20 December 2006

Places First in Both Equity Trading Systems and Equity Trading Analytics

Imagine Software, the leading provider of on-demand trading, portfolio, and risk management solutions worldwide, announced today that it has topped the 2006 Risk Magazine awards for equity trading systems and equity trading analytics. This is the third year running that Imagine has ranked #1 in equity trading analytics and the second consecutive year that it has topped the equity trading systems category, up from #2 in 2004.

Imagine placed third in front-to-back-office in equities, plus fifth and sixth, respectively, in cross-asset trading analytics and market risk.

Imagine Software’s ASP-based platform, derivatives.com, is an on-demand trading, portfolio and risk management system. Used by both buy and sell-side institutions of all sizes, the system offers comprehensive multi-strategy, cross-asset support in real-time. Standard tools include portfolio drill-downs, real-time pricing, limits monitoring and control, plus live views of P&L and greeks. Also provided are a wide array of presentation-grade investor reports and an interactive tool capable of generating sophisticated, ad hoc report output.

Steven Harrison, Imagine’s President and COO, commented: “We are honored to once again receive this prestigious recognition. Since their inception in 2004, our placements in Risk Magazine’s Technology Awards have demonstrated voters’ perspectives on the consistency and quality of Imagine’s solutions.” Harrison adds, “Foremost in our thoughts as a software vendor is the fact that our customer base is our most important source of inspiration and constructive feedback for our development efforts. The awards are a reflection of how well we are listening to our customers and acting upon their input. We intend to do even better next year.”

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