Data Agent Appoints Investment Technology Veteran Robert Leaper as CEO

Berkeley, CA and Newton, MA, January 23, 2006 – Data Agent, LLC, an innovative
company providing Investment Intelligence (SM) solutions to hedge funds and investment management firms, today announced Robert (Bob) Leaper has been appointed as Chief Executive Officer.

As CEO, Bob will be responsible for setting business strategy, driving sales and marketing strategy and execution, HR, finance, and managing client relations. Data Agent’s founder and CTO, Thuyen Nguyen, will be responsible for all product development and delivery, with technical resources both in the US and offshore in Vietnam.

Mr. Leaper has 25 years of experience in Financial Services and Investment Technology, successfully setting strategies, executing on tactics, developing teams and managing P&L.

Prior to accepting the Data Agent CEO position, Mr. Leaper was president and founder of Capriole Corp., providing business development services from concept to contract, with clients including professional services, established software, and early stage technology companies. Mr. Leaper has held senior roles with InvestTech Systems Consult ing, the startup company Verilytics / Redwood Investment Systems, and Thomson Financial PORTIA.

Mr. Leaper was also a bond arbitrage trader and began his career in information systems at a money management firm. Mr. Leaper attended the Stanford Business School Executive Program for Growing Companies and received a Bachelor of Arts from Drew University in Madison, NJ.

“I am very excited about this opportunity to take Data Agent to the next level,” said Mr. Leaper. “Most of my career has revolved around investment reporting, both as a user and vendor, and it is clear to me that the Data Agent’s iiSuite (SM) offers a unique solution for the information needs of hedge funds and investment managers—needs that are not being filled by the marketplace today,” added Mr. Leaper.

Data Agent’s iiSuite of investment intelligence (ii) solutions offers highly targeted business intelligence capabilities tailored for the unique needs of hedge fund and investment management business users. Data Agent’s iiSuite consists of:

• iiMart(SM), a comprehensive, front office oriented investment data store.
• iiCube(SM), user friendly and flexible analysis.
• iiBond(SM), integrated, sophisticated bond and derivatives analytics.
• iiPortal(SM), dashboard integration anywhere.

Data Agent’s iiSuite was developed by Thuyen Nguyen based on his 18 years of experience building data warehouses and reporting solutions as CTO of Netik, Inc. (now owned by the Bank of New York) and at Bankers Trust (now part of Deutsche Bank). Mr. Nguyen noted, “We are very pleased to have someone with Bob’s industry and business background to help Data Agent realize our vision.”

Data Agent Appoints Investment Technology Veteran Robert Leaper as CEO Data Agent’s iiMart allows firms to consolidate information --such as holdings and
transactions from multiple internal systems, prime brokers or custodians-- combine research from external and internal sources and calculate analytics and statistics on any asset class including complex derivatives. Plus, firms can maintain full history without slowing down trading and accounting systems.

With Data Agent’s iiCube, business users can create multi dimensional views including any asset class, any classification, over any time period, and integrated with statistical and investment analysis engines. For example, a portfolio manager may uncover hidden investment opportunities and portfolio risks without the need for a technical resource or business analyst to build static reports. The iiCube module can be used in conjunction with other data warehouse solutions as well.

The Data Agent iiSuite was designed using Report Definition Language (RDL) XML format that allows reports to be defined once and used consistently via any reporting tool, whether within the iiSuite, client reports via Adobe PDF or web interfaces, or MS Office tools for analysis or presentations. Firms can implement iiSuite locally on one server, globally with one central data store and multiple local data marts, or as a software service that is hosted by
Data Agent.

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