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Tuesday March 13, 8:40 am Eastern Time

Press Release

Tools For Managing Risk: PortfolioScience Broadens Analysis Tool Set

NEW YORK--(BUSINESS WIRE)--March 13, 2001--With no end in site to the market's volatile behavior, investors and financial services alike are finding themselves in need of tools and technologies in order to reestablish investment confidence and direction.

In light of this need, PortfolioScience has recently added a series of powerful analysis features to the company's free risk tools web site,

The Risk Simulation Tool and the Risk Screener Tool have been added to the PortfolioScience analysis tool set. Both make use of the PortfolioScience Risk Analysis Engine. Using the Risk Simulation tool, investors can experiment with their portfolio's asset allocation and/or simulate adding extra positions. The goal is to allow investors to compare a newly allocated portfolio's risk characteristics to an original, existing portfolio.

The Company's Risk Screener Tool allows users to scan thousands of stocks and funds by creating queries based on risk and index correlation. Using the tool, an investor can search for a stock that has a certain correlation to an index and/or a certain level of risk. The results can be inputted to the Simulation Tool in order to determine the effects on a given portfolio.

Both the Risk Screener and the Risk Simulation tool can be accessed via RiskAPI(TM), PortfolioScience's programmable interface that allows real-time access by other financial services and web sites to the Risk Analysis Engine.

About RiskAPI(TM):

RiskAPI(TM) is a programmable interface that allows web sites to access Portfolio Science's proprietary Analysis Engine, thereby achieving robust risk analysis functionality virtually overnight. Using, RiskAPI(TM), financial web sites gain sophisticated analytical capabilities instantly, satisfying user demand, while maintaining brand identity as well as look and feel. The technology has been developed, from the outset, with the needs of the leading, high traffic financial sites in mind.

About PortfolioScience:

PortfolioScience is the leading risk analysis solutions provider to the online investment community. It is the goal of PortfolioScience to give investors the ability to properly analyze their market risk in exacting and real dollar terms. PortfolioScience uses patent pending technology first developed for institutional use that utilizes modern portfolio theory statistical techniques.

For additional information on PortfolioScience, or the services offered by the company, visit their web site at or visit for a product brochure.

     Portfolio Science, Inc.
     Ittai Korin, 212/260-9694 ext 10

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