September 19, 2002


AIG Advisor Group selects Statement one

LAWRENCEVILLE, NJ — StatementOne, the industry leader in enterprise data consolidation and web-based portfolio accounting and performance reporting solutions, announced today that they have been selected by AIG Advisor Group to provide enterprise data consolidation and web-based portfolio accounting and performance reporting for the AIG Advisor Group's 9,000 registered representatives. The cornerstone of the roll-out will be a full integration into AIG Advisor Group's VISION2020 platform. StatementOne’s application will be called VISION2020 OneView, which will allow advisors and clients full access to web-based portfolio accounting.

"StatementOne has demonstrated, through prior implementations at our FSC and Advantage Capital broker-dealers, that they have both the expertise and scalability to handle the data consolidation and reporting needs of a large enterprise such as ours," said Malcolm Smith, Chief Technology Officer for the AIG Advisor Group. He added, "Our VISION2020 platform is a leading-edge technology that enables our advisors to streamline their day-to-day business activities -– opening new accounts, placing trades, reviewing commission activity, viewing detailed account activity and a full-featured wealth management application –- all through the Internet. Seamlessly integrating portfolio accounting with our system requires an extremely high level of data integrity and competence, and StatementOne has consistently proven itself to be the industry leader in delivering clean, accurate data within large financial institutions. The combination of these world-class applications will set our advisors apart from the competition, and ultimately drive end-investor value."

"We're very pleased to partner with AIG Advisor Group," said Greg Pacholski, StatementOne's president. He added, "We've worked very hard to establish the next generation of portfolio accounting/performance reporting in a marketplace traditionally driven by manually intensive and costly applications, and we have emerged as the leader in this space. The AIG Advisor Group relationship is a testament to our ability to deliver. We're thrilled to be able to unlock the enterprise value of portfolio accounting for both AIG Advisor Group and the industry."

About AIG Advisor Group
With nearly 9,000 independent financial professionals, AIG Advisor Group represents the largest independent broker-dealer network in the United States and consists of Advantage Capital Corporation, FSC Securities Corporation, Royal Alliance Associates, Inc., Sentra Securities Corporation, Spelman & Co., Inc. and SunAmerica Securities, Inc. AIG Advisor Group is the marketing name for these listed broker-dealer subsidiaries of American International Group, Inc.

About Statementone
StatementOne consolidates data for financial institutions and other enterprises, collecting transaction-level data sets from both legacy systems and external custodians, utilizing direct data feeds. They currently manage account data for 43 financial institution clients, representing over a hundred billion dollars in assets, tens of thousands of financial advisors and millions of investors and individual accounts. They provide a secure, web-based, turnkey service which delivers securities account aggregation, portfolio accounting and performance reporting to financial institutions, branch managers, registered representatives and their investor clients. Their proprietary software cleans, organizes and reconciles the data, producing a consolidated, unified data structure, with virtually no manual intervention. This scalable database is also used to feed critical, best-of-breed applications for use in business planning, analytics and CRM. Their current clients include independent broker/dealers, banks, credit unions and other financial institutions.

David Z. Orban,
Vice President of marketing
(609) 806-0227.

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