News

Albridge Chosen by ValMark Securities to Deliver Suite of Enterprise Data and Wealth Reporting Solutions

Lawrenceville, NJ — August 1, 2006 – Albridge Solutions Inc., a leading provider of enterprise data management (EDM), web-based portfolio accounting and performance reporting solutions, announced it has been selected to deliver its suite of EDM and wealth reporting solutions to ValMark Securities, Inc. Based in Akron, OH, ValMark is a national independent broker-dealer with 103 independently-owned and branded OSJ and branch offices across the country, and a strategic partner of financial and estate planning firm Clark Benson.

ValMark will take advantage of Albridge's core EDM platform to efficiently manage critical enterprise data and will enable its network of more than 225 financial advisors to access Albridge Wealth Reporting. The transition to this wealth management technology represents a significant upgrade to ValMark's capabilities. It provides the firm's financial advisors with a consolidated view of key client data, including a wide range of information on an investor's brokerage assets, and, for the first time, details on their insurance product attributes. ValMark's financial advisors will also provide their clients with the added benefit realized through the ability to generate a variety of performance, asset allocation, holdings, transactions, and benchmarking reports for clients, on demand.

Additionally, ValMark will rely on the Albridge Replicated Data service for assistance in new account opening and compliance reporting. This Albridge technology collects transaction-level information from legacy systems and external custodians through direct data feeds. Albridge's patent-pending technology cleanses and reconciles this data, and delivers this consolidated, enterprise information to financial services firms to populate proprietary and third-party compliance applications.

"The array of technology solutions Albridge delivers will enable ValMark to realize increased efficiencies in managing our enterprise data, and, ultimately, our business," said Larry Rybka, president, ValMark Securities. "Albridge's Wealth Management Reporting platform allows our advisors to provide their clients with a comprehensive, consolidated statement. This enables them to more fully understand investment performance and manage their assets, and receive an unsurpassed level of service and financial planning advice."

"In today's rapidly changing investing environment, leading financial organizations like ValMark Securities are incorporating best-of-breed solutions that help them manage their businesses and client relationships even more efficiently," said Jake Rohn, executive vice president, Albridge Solutions. "We look forward to working in a strategic partnership with ValMark to deliver the enterprise data management and wealth reporting solutions they need to provide the superior level of service their clients depend on to achieve their wealth management goals."

About ValMark Securities, Inc.
ValMark Securities, Inc. is a national, independent NASD broker-dealer licensed in 50 states, with 103 independently owned and branded OSJ and branch offices in 26 states. A market leader in the area of wealth transfer and business insurance, ValMark Securities and its affiliates—Executive Insurance Agency and ValMark Advisers—have over 40 years of focused experience providing wealth transfer and business insurance products and services to independent wealth management professionals.

Based in Akron, Ohio, ValMark Securities is a member of the National Association of Securities Dealers and the Securities Investor Protection Corporation. ValMark Advisers is a registered investment advisor with the Securities and Exchange Commission. Executive Insurance Agency is a Master General Agency for general account life insurance products.

About Albridge Solutions
Albridge Solutions provides enterprise data management (EDM) and Web-based portfolio accounting and performance reporting solutions to more than 130 financial services firms representing $1 trillion in assets, more than 70,000 financial advisors and millions of investors. Using patent-pending technology, Albridge Solutions consolidates account information from hundreds of data sources encompassing thousands of product companies. Through Albridge Wealth Reporting, the firm's web-based portfolio accounting and performance reporting solution, this valuable customer data is readily accessible to leading financial institutions and advisors including investment management firms, insurance companies, banks, registered investment advisors, and independent, insurance and bank broker-dealers. Additional information is available at albridge.com.

Contact: Jason Beyersdorfer 609-806-0235