MSN Money Professional, First .NET-Based Service for Financial Advisers, Debuts at DEMO 2002

PHOENIX, Feb. 11, 2002 — Today at DEMO 2002, Microsoft Corp. will unveil the beta version of MSN® Money Professional, the first Microsoft® .NET service for the financial industry. The subscription-based finance service is designed to help financial industry professionals better serve their customers through the flexibility and power of the Internet.

Also today, Advent Software Inc. (Nasdaq
) announced that several wealth management firms have chosen to employ its WealthLine (SM) service, which is built on MSN Money Professional. Avalon Advisors LP, Plante & Moran LLP, Security Trust Co. and SYM Financial Corp. will join the WealthLine Advisory Council to test the service and help finalize its functionality before the live version launches later this year.

“Introducing MSN Money Professional at one of the most influential events in the technology industry is a great honor,”
said Erik Jorgensen, general manager for the Financial Products Group at Microsoft.
“By presenting Advents WealthLine solution, were able to demonstrate how ISVs can utilize .NET services to facilitate more effective client communications in the finance industry.”

“MSN Money Professional and WealthLine are a strong realization of the Microsoft vision of .NET,”
said Chris Shipley, executive producer of DEMO 2002.
“As a technology solution thats sure to make an impact on the finance industry, MSN Money Professional is a prime example of the innovation and leadership being showcased at DEMO 2002.”

MSN Money Professional combines Passport and .NET Alerts with secure document publishing, portfolio reporting and financial content from the award-winning MSN Money Web site to deliver the customer communication tools advisers need most. The new service delivers personal finance Web sites as well as publishing and notification tools to improve collaboration between financial advisers and clients, enabling advisers to easily and securely provide clients with breaking news, portfolio updates, relevant reports and stock quotes.

“Advent and Microsoft understand that employing leading technology is an integral component of todays successful financial management,”
said Brian Bailard, vice president of wealth management solutions at Advent.
“Because we want to present the most innovative solutions to our customers, were committed to demonstrating how the proven technology from Microsoft and Advents leading platform for investment professionals work together seamlessly to meet the needs of wealth management providers.”

Microsoft and Advent will demonstrate MSN Money Professional within WealthLine at the IDG Executive Forums DEMO 2002 show as one of the years key emerging technologies. In its 12th year, DEMO is an annual conference with a reputation for showcasing the years most innovative products and breakthrough technologies. DEMO brings together some of the high-tech worlds leading thinkers, journalists, analysts and venture capitalists, and is devoted to demonstrations of products and technologies that are likely to have a significant market impact in the coming year. Over the years, some of technologys most successful products have debuted at the conference.

Founded in 1975, Microsoft (Nasdaq
) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software — any time, any place and on any device.

Microsoft and MSN are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

WealthLine is a registered service mark of Advent Software.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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