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Derek Beckwith, Warner Communications, 978-526-1960, derek@warnerpr.com

CONFLUENCE RECOGNIZED AS ONE OF REGION’S MOST SUCCESSFUL AND INNOVATIVE TECHNOLOGY COMPANIES

Company Named to the Pittsburgh Technology Council’s Tech 50 List for Fifth Consecutive Year

(Pittsburgh, PA - September 21, 2011) Confluence, the leading provider of automated data management solutions for the investment management industry, today announced that it has been named to the 2011 Pittsburgh Technology Council’s Tech 50 list. This is the fifth consecutive year that Confluence has been recognized as one of the region’s most successful technology companies by the Pittsburgh Technology Council, and the seventh time overall.

The Pittsburgh Technology Council’s Tech 50 Awards represent southwestern Pennsylvania’s most successful and innovative technology companies. A ceremony honoring Confluence and other companies was held on September 20, 2011 at the CONSOL Energy Center in Pittsburgh.

"We are pleased once again to be recognized as one of the region’s most successful technology companies by the Council. Our technology platform vision, focus on innovation and knowledgeable team have enabled us to become the global leader in our industry," said Kirk Botula, President and Chief Operating Officer of Confluence. "We are fortunate to have dedicated clients that share our vision and turn to us to solve their complex financial, regulatory and marketing reporting challenges."

The Pittsburgh Technology Council is the first and one of the largest regional technology trade associations in the United States. The council has over 270,000 members from nearly 1,400 companies across the Southwestern Pennsylvania region.

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 San Francisco, CA, London and Luxembourg. For more information, visit www.confluence.com.

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