Advent Software Announces that SmartLeaf and Scantron Service Group Have Joined the Advent Alliance Program

Advent Software Announces that SmartLeaf and Scantron Service Group Have Joined the Advent Alliance Program

San Francisco, May 1, 2001 - Advent Software, Inc. (Nasdaq: ADVS) the leading provider of Enterprise Investment Management (EIM) software, announces that SmartLeaf and Scantron Service Group have joined the Advent Alliance Program.

The Advent Alliance Program leverages the expertise of the financial industry's leading providers of software and services to enhance the functionality of the Advent OfficeT suite. Utilizing XML technology to build interfaces with partner applications, the program currently has 25 partners whose solutions are being made available to Advent Office users.

SmartLeaf is an online portfolio advisory service that helps financial advisors manage equity portfolios. Advent will interface the SmartLeaf Asset Manager and SmartLeaf Pro services with Advent Office, which include comprehensive tax optimization functionality. Based on proven financial principles and models, SmartLeaf leverages the convenience of the Internet and powerful analytic tools to provide investment advisors with the resources to confidently and successfully obtain better results from their portfolios.

Scantron Service Group (SSG) has joined the Alliance program to offer a reliable, turnkey computer hardware, maintenance, installation and network support service to Advent clients' network operations. SSG operates out of 92 strategically located centers throughout the United States, with more than 175 field service technicians and 350 employees. By offering an outsourced network support service, SSC will allow Advent clients who choose to use their service more time and resources to focus on their core business.

Advent Software, Inc. is the leading provider of Enterprise Investment Management solutions. The company provides a suite of complementary products for the front, middle and back offices of investment management organizations. The company's common stock is traded on the NASDAQ National Market under the symbol ADVS.

Contact:
Kathleen Golden
Advent Software, Inc.
301 Brannan Street
San Francisco  CA  94107
(415) 645-1336

Emily Axelrad
Digital Clarity
(415)-495-6766x201