Electra Information Systems and Princeton Financial Enter into a Strategic Alliance

New York, NY - 22 July 2009

Electra Information Systems, a leading provider of reconciliation, trade automation and settlements solutions, today announced it has entered into a strategic alliance with Princeton Financialx Systems (PFS), a leading provider of investment accounting, investment compliance, data management, reporting, performance measurement and NAV reconciliation solutions for the global investment industry. Under the alliance, PFS will offer Electra's ACTioN platform to its PAM clients to automate trade matching and the generation and transmission of securities trade notification messages. The PAMx family of systems are leading international investment accounting systems that support the accounting needs of over 370 clients around the globe.

"We are delighted to extend our reseller agreement with Princeton Financial Systems," said Ian Danic, Managing Director for Electra. "PFS' commitment to providing their clients with best of breed solutions is what has driven our long relationship. As they enter new markets and product areas we are proud to remain their partner of choice to increase efficiency and manage risk."

Commenting on the alliance, James Russo, Chief Executive Officer at Princeton Financial Systems said: "Electra's solutions complement our offering. Together we optimize straight through processing for our worldwide PAM clients, including settlement. We are confident that this agreement will enhance our overall offering and service to our existing and future customers

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