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Confluence


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Robert Minicucci, Warner Communications, 603-488-5856, robert@warnerpr.com

Confluence Recognized as One of Pittsburgh’s
Fastest-Growing Companies for Ninth Year

Company Named to “Pittsburgh 100”

(Pittsburgh, PA – August 28, 2009) Confluence, the leading global provider of automated data management solutions for the investment management industry, has been recognized as one of Pittsburgh’s fastest-growing, privately held companies by the Pittsburgh Business Times.

This is the ninth year Confluence has been named to the publication’s “Pittsburgh 100” list since the company’s founding, and the third consecutive year since 2007. This year’s awards were based on the revenue growth rate for the company between 2006 and 2008.

“Now in its fifteenth year, the Pittsburgh 100 is one of the most important lists we publish,” said Alan Robertson, publisher of the Pittsburgh Business Times. “The companies on this list represent many industries and geographic locations around the region. From small firms to multi-billion dollar operations, this list demonstrates how the area remains a strong, vibrant business environment.”

Companies named to the Pittsburgh 100 were honored at an awards program at the Duquesne Club in Pittsburgh on August 27. They are highlighted in a special supplement of the Pittsburgh Business Times, which is available today.

“We are pleased to be recognized as one of the Pittsburgh 100 fastest-growing companies,” said Mark Evans, President and Chief Executive Officer of Confluence. “Confluence’s ability to perform strongly during one of the most challenging business environments in decades is a testament to our talented team of employees and their dedication to our vision and commitment to our clients’ success.”

About Confluence

Founded in 1991, Confluence is a global leader in fund administration automation. Confluence helps investment management companies gain unprecedented control by automating every step of the fund administration process—including the collection, creation, confirmation, and delivery of investment product data. Results are lower costs, reduced risk, decreased reporting turnaround times, and the scalability to automate more processes without additional resources. Confluence solutions are used by 40 percent of the leading global investment managers, and more than 60 percent of US mutual funds. The Unity™ platform from Confluence addresses a wide range of problems from performance measurement to customized reporting for a full array of domestic and international managed investment products, including mutual funds, funds of funds, collective funds, separate accounts, and variable products, as well as hedge funds and other alternative investments. Major fund companies such as the Principal Financial Group®, T. Rowe Price, and Russell Investments; and service providers such as U.S. Bancorp Fund Services rely on Confluence. Headquartered in Pittsburgh, PA, Confluence serves the international fund industry with key locations in London and Luxembourg. For more information, visit www.confluence.com or e-mail info@confluence.com.

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