FOR IMMEDIATE RELEASE

Confluence Recognized as one of Pittsburgh's Most Successful Technology Companies

Company Named one of Pittsburgh Technology Council's Tech 50 Finalists for 2012

(Pittsburgh, PA - September 10, 2012) Confluence, a leading provider of automated data management solutions for the investment management industry, has once again been named to the Pittsburgh Technology Council's Tech 50. According to the Council, these companies represent the most successful and innovative of the area's growing technology industry. This is the sixth consecutive year that Confluence has been selected by the Council, and the eighth time overall.

The Pittsburgh Technology Council's Tech 50 Awards recognize the most transformative technology centers and top executives in southwestern Pennsylvania. A ceremony honoring Confluence and the other nominees will be held on Nov. 1 at the Wyndham Grand Pittsburgh Downtown.

"We are excited to once again be recognized by the Council as one of the region's most innovative technology companies, said Mark Evans, Chairman, Chief Executive Officer and President of Confluence."We believe that our continued commitment to our four corporate values of integrity, imagination, discipline and service has been instrumental in helping us achieve this success, and is a key part of our continued growth as a global leader."

With more than 270,000 members from nearly 1,400 companies across the southwestern Pennsylvania region, the Pittsburgh Technology Council is one of the largest regional technology trade associations in the United States. The council will recognize its 30-year anniversary at this year’s awards ceremony with a presentation on the region’s technology sector development over the past three decades.

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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