Saddle Peak Asset Management Live with INDATA For Front to Back Office

Greenwich, CT - 28 February 2007

Firm utilizes IMS for Trade Order Management, Portfolio Accounting & Performance

INDATA®, a leading industry provider of software solutions for buyside firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office announced today that Saddle Peak Asset Management, based in Santa Monica, CA is now live with the INDATA IMS System.

Saddle Peak conducted an in depth review of the marketplace including vendors of both trade order management systems as well as integrated packages before selecting INDATA.

"We selected INDATA because of their technology and functionality," commented Peter W. London, Partner, Saddle Peak Asset Management. "We were looking for a platform which would assure us the opportunity to grow our business," he added.

Saddle Peak licensed INDATA's IMS system for both trade order management and portfolio accounting, providing an integrated accounting and trading package to be able to respond to a rapidly expanding client base. After selecting INDATA in November of 2006, Saddle Peak went live with INDATA in mid January of 2007.

"We were very pleased with the implementation process as well as the fact that INDATA was very responsive to our need to be up and running as soon as possible. Their implementation team exceeded expectations and they were able to deliver on time and at a very reasonable cost," said Mr. London.

"While selecting the right investment management platform is a mission-critical decision, the biggest factor in the success of the project is the implementation itself. At INDATA, our implementation turnaround time and total project cost exceed industry standards providing for the quickest implementation turnaround with a minimum of cost to the client," commented David Csiki, Managing Director, INDATA. "We are very pleased to add Saddle Peak Asset Management to our fast growing client base," he added.

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