Informa Financial Information, Inc. Announces Acquisition and Merger

WHITE PLAINS, N.Y.--()--April 16, 2004--The acquisition of netDecide Corporation by Informa Financial Information, Inc. has been announced. As a result of this acquisition, Informa Financial Information has merged the following companies into a single operating unit:

-- 1. Effron Enterprises, Inc., a provider of performance measurement and portfolio accounting software and services ("Performer"),

-- 2. Plan Sponsor Network, Inc., a provider of separate managed account, mutual fund, and hedge fund data and software ("PSN")

-- 3. netDecide Corporation, a provider of wealth and financial planning software ("netDecide").

With the completion of this merger, netDecide, Performer, and PSN will now be product specialties of the newly renamed Informa Investment Solutions, Inc.

Informa Investment Solutions, Inc. now offers a wider and more in depth array of products covering:

-- Investment manager databases and applications,

-- Performance measurement and client reporting

-- Wealth management solutions that power multiple-tier advisor workstations ranging from goal based financial planning to managed account investment offerings.

The completed merger enables Informa Investment Solutions, Inc. to leverage all of its products and services and be a one-stop solution provider to both the institutional and the retail communities. IIS is delighted with their current product suite, and looks forward to continuing and strengthening their position as a leading provider of essential information and technologies to all financial and investment market participants.

Please visit their new website at www.informais.com for further information about the organization and their products.

Contacts

Informa Investment Solutions Inc.
Lac An Vuong, 914-509-1535
lvuong@informais.com
or
Informa Investment Solutions, Inc.
Leno Toich, 914-509-1536
leno.toich@informais.com

Contacts

Informa Investment Solutions Inc.
Lac An Vuong, 914-509-1535
lvuong@informais.com
or
Informa Investment Solutions, Inc.
Leno Toich, 914-509-1536
leno.toich@informais.com