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Press Release

Scivantage Clients Receive Top Ratings in Barron's 2009 Best Online Broker Survey

Mar 30, 2009

JERSEY CITY, N.J., March 30, 2009 - Scivantage, a leading provider of web-based, front- and middle-office technology solutions to the financial services industry, today announced that six of its clients received top ratings in Barron's 14th annual survey of Best Online Brokers, including two clients ranked in the top 10 for the third consecutive year.

In Barron's annual review of web- and software-based brokers, Scivantage's clients continued to stand out and receive high marks for usability and portfolio analysis and reporting. Two of the top 10 brokers utilize Scivantage's automate cost basis solution, Maxit, demonstrating that product's ability to create a distinct competitive advantage for those firms. The Barron's editors specifically called out Scivantage Maxit for delivering "tax-management tools" and for helping "customers figure out the tax consequences of a trade". Scivantage Maxit provides accurate, adjusted cost basis and real-time, tax-based investment decision support to Investors, while providing a clear advantage to firm's working to improve their rankings and overall customer satisfaction.

"We would like to once again congratulate all of our clients for their continued innovation in online brokerage. Each year Barron's recognizes the leading brokers and provides an excellent measure of the key elements required to truly deliver a top-quality, online experience for individual investors," said Adnane Charchour, president and CEO of Scivantage. "We are very proud that our clients continue to be recognized in this prestigious survey, and that our software solutions play a key role in their growth strategies."

In its 14^th year, Barron's reviewed web- and software-based brokers, measuring overall brokerage performance based on eight key aspects: trade experience, trading technology, usability, range of offerings, research amenities, portfolio analysis and reporting, customer service and access and costs.

Scivantage Maxit is available to online brokers as an integrated component of Scivantage Investor™, Scivantage's flagship brokerage solution, or as a stand-alone application that can be integrated into an existing online brokerage site.