Scivantage Ranked Number Fifty-Seven Fastest Growing Company in North America on Deloitte’s 2007 Technology Fast 500

Attributes its 2,948% Percent Revenue Growth to Innovative Technology and a Strong Client Base

JERSEY CITY, NJ October 25, 2007Scivantage, a leading provider of web-based, front- and middle-office technology solutions to the financial services industry, today announced that it ranked number fifty-seven on Deloitte’s 2007 Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2002-2006. Scivantage grew 2,948 percent during this period.

Scivantage’s CEO Adnane Charchour credits a dedication to innovation and a blue-chip client portfolio as driving the company’s 2,948 percent revenue growth from 2002-2006. Charchour said, “This recognition is an excellent measure of Scivantage’s innovative technology, strong client base and dedicated staff. We are honored to be ranked near the top of the Deloitte Technology Fast 500 alongside leading private and public companies from across North America.” Charchour went on to say, “Our continued success in delivering solutions that help financial institutions streamline and automate financial transactions, with compatibility to all major brokerage back office systems is what sets us apart.”

“To rank on Deloitte’s Technology Fast 500, companies must achieve phenomenal revenue growth over five years,” said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. “We applaud Scivantage for being among the fastest growing companies in North America.”

In addition to ranking on Deloitte’s Technology Fast 500, Scivantage ranked number six on Deloitte’s New Jersey Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in New Jersey.

Overall, companies that ranked on the 2007 Technology Fast 500 had growth rates ranging from 253 to 79,060 percent over five years, with an average growth rate of 1,823 percent.

Fast 500 Selection and Qualifying Criteria

The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte’s 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2002 to 2006.

Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.

About Scivantage

Leading financial institutions depend on Scivantage for essential front- and middle-office applications that deliver transaction-critical data, automate key business processes and drive operational efficiencies. Scivantage’s proven, back-office independent brokerage solutions offer a powerful suite of applications that span the workflow of financial professionals and support the complex investment needs of the retail investor. From online trading and event notification management to automated account opening, maintenance and funding, Scivantage enables financial institutions and financial professionals to dramatically reduce operational costs, strengthen customer relationships and improve productivity. For more information, please visit www.scivantage.com or contact us at +1.866.724.8268.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas-audit, tax, consulting, and financial advisory services-and serves more than 80 percent of the world’s largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.

As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte,” “Deloitte & Touche,” “Deloitte Touche Tohmatsu,” or other related names.

Posted in Press Release.