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Press Release

Commodities and Financial Futures Risk Management: PortfolioScience Expands RiskAPI™ Coverage.

NEW YORK--March 18th, 2002--

PortfolioScience announces the addition of commodities and financial futures to the asset coverage of the RiskAPI™ and RiskAPI™ Excel® Add-In systems.

In addition to the full range of equities and mutual funds already included in the RiskAPI™ proprietary risk engine, users can now apply the entire complement of risk management functions to global and domestic commodity and financial futures. One key feature the additional asset coverage has added is the ability to risk analyze mixed asset portfolios comprised of both futures and equity positions. For many portfolio managers who use futures to hedge equity positions, such a capability is crucial.

With the addition of futures asset coverage, users of the RiskAPI™ Excel® Add-In gain increased functionality at an especially affordable cost. Commodity pool operators (CPO's) and hedge funds stand to gain the most from this feature as they can now access advanced futures risk management tools at a more affordable rate than currently available in the market.

Existing RiskAPI™ functions that can be applied to futures positions include value at risk (VaR), correlation matrices, variance-covariance matrices, index benchmarking, volatility analysis and more. A full description of all analytical features available can be found on the PortfolioScience web site.

About RiskAPI™:

RiskAPI™ is a programmable interface that enables remote access to the PortfolioScience proprietary risk engine. The RiskAPI™ technology was developed to integrate into a large variety of operating environments, with the goal of proving several types of financial institutions the ability to harness sophisticated risk analysis technologies with minimal integration effort. The RiskAPI™ Excel® Add-In transforms spreadsheets into advanced network clients with the ability to access remotely managed financial data and calculation resources.

About PortfolioScience

PortfolioScience is a company specializing in risk management technology for financial institutions and online investment services. The company's products allow fund managers, traders, and investors alike to access powerful risk analysis capabilities on demand. In addition, PortfolioScience creates turn-key risk management systems for online financial services, allowing them to provide their clients with portfolio risk analysis services virtually overnight.

For additional information on PortfolioScience, or the services offered by the company, visit their Web site at http://www.portfolioscience.com.

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