Shadow Financial Reviewed by Leading Industry Analyst Firm

Edison, N.J. - 24 January 2007

Shadow Financial Services Corp., developers of the ShadoSuite® global securities processing, reconciliation, clearing and brokerage accounting system, today announced that ShadoSuite recently was evaluated by Gartner, Inc., a research and advisory firm[1]. ShadoSuite provides a global or domestic trade processing, reconciliation, clearing and accounting system that handles all back office and accounting requirements.

“We are pleased that Gartner has provided an impartial and balanced overview of our ShadoSuite product,” said Don Marino, CEO of Shadow Financial. “We believe that any size organization can benefit from ShadoSuite’s ability to manage complex transactions and trade volume requirements. As we build our client base, reports and evaluations such as Gartner’s help us to improve upon our existing technology and, in our opinion, validate our customers’ support of our product.”

ShadoSuite operates on the Windows platform using Oracle relational database technology and features real-time interfaces to DTCC, FICC, OCC, The Bank of New York and SWIFT.

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