San Francisco, November 10, 2005 – Advent Software, Inc. (NASDAQ: ADVS) announces it hosted over 1,100 worldwide clients, partners and colleagues at the 2005 Advent Conference, Advent’s 19th annual client educational and networking event, late last month.
In her opening remarks, Stephanie DiMarco, Advent’s CEO and founder, said, “We continue to focus exclusively on our clients’ needs. We see our greatest opportunities in continuing to enhance our core platforms, expand their capabilities and create exciting new products and services. The forces at work today in this industry, including globalization, competition, and the continuous deployment of technology, are changing the way organizations, markets, and customers operate. This environment is ripe with opportunity for us to assist the industry. As one of the best known names in investment management technology, we have the financial strength, the staying power, the creative vision, and the talented staff to enable us to continue to deliver great products that can transform your operations.” The full text of Ms. DiMarco’s remarks can be found at www.advent.com/collateral/SDM_Orlando_speech.doc.
Featured this year was the introduction of Advent Portfolio Exchange™ (APX), Advent’s newest portfolio management and client reporting platform. APX provides an industry-standard relational database and sophisticated security and audit features, combining both front and back office operations in a single, customizable solution. The conference featured current APX users in a panel discussion about the technology and the implementation process.
The latest version Advent Partner®, Advent’s market-leading partnership accounting software and part of Advent’s Global Hedge Fund solution, was also shown to clients at the conference. Advent Partner® has been enhanced to meet advanced requirements for complex hedge funds and fund administrators through greater system flexibility, enhanced workflow and better integration.
Advent’s clients also saw the major enhancements made this year to Geneva®, Moxy® and Advent’s STP solutions.
In addition to more than 70 sessions on the industry’s top issues, the latest information on Advent’s suite of solutions, and educational labs for hands-on training, the conference included keynote presentations by William Donaldson, former Chairman of the Securities and Exchange Committee, and Don Shula, former Head Coach of the Miami Dolphins.
Advent Software, Inc., a multi-national company, has been providing trusted solutions to the world's leading financial professionals since 1983. Firms in 50 countries using Advent technology manage investments totaling more than US $8 trillion. Advent's quality software, data and services enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs.
FORWARD LOOKING STATEMENTS
Any forward looking statements included in this press release involve risks and uncertainties that could cause actual results to differ materially from our expectations. These risks and uncertainties include market acceptance of new products, the impact of initiatives by competitors, and other risks detailed in Advent’s filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, as amended, copies of which may be obtained by contacting Advent Software at 415-645-1787, or by visiting Advent’s Investor Relations website at www.advent.com.
ADVENT, ADVENT PARTNER, GENEVA and MOXY are registered trademarks, and ADVENT PORTFOLIO EXCHANGE is a mark, of Advent Software, Inc. or its subsidiaries. All other company names or marks mentioned herein are those of their respective owners.