FOR IMMEDIATE RELEASE

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

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

Company Named to “Pittsburgh 100” for Tenth Year

(Pittsburgh, PA – August 27, 2010) Confluence, a global leader in investment management data automation, has again been recognized as one of the fastest-growing, privately held companies by the Pittsburgh Business Times.

“The same steadfast commitment to clients, vision and values that has enabled us to thrive during challenging economic times will continue to be the keystone of our success going forward,” said Mark Evans, President and Chief Executive Officer of Confluence. “Our loyal clients share the Confluence vision of a unified global platform for fund administration and embrace Confluence as a strategic partner. And our employees relentlessly practice our corporate values of integrity, imagination, discipline and service to deliver remarkable results.”

This is the tenth year Confluence has made the list, and its fifth consecutive nomination since 2006. Candidates are selected based on revenue growth rates between 2007 and 2009.

“Now in its sixteenth 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 offers a strong, vibrant business market that continues to grow.”

Companies named to the Pittsburgh 100 were honored at the Duquesne Club in Pittsburgh on August 26. A special print supplement of the Pittsburgh Business Times, available today, includes a full list of all nominated companies.

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 U.S. 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. 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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