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ING Advisors Network Signs Agreement with StatementOne

-ING Advisors Network Begins 0ffering Independent Financial Advisors a Comprehensive, Internet-based Consolidated Statement Platform-

Lawrenceville, NJ - February 1, 2001 - ING Advisors Network, a subsidiary of ING Group's U.S. Retail Financial Services division, can now offer its independent financial advisors a comprehensive, Internet-based consolidated statement platform through an agreement with StatementOne (www.statementone.com), an industry leader in web-based financial data aggregation and consolidated performance reporting.

"This new, powerful performance reporting tool enables our financial advisors to better service their customers with complete financial advice, allowing the customer to be a smarter, more efficient investor," says Brian Nygaard, president of ING Advisors Network.

The agreement includes the integration of StatementOne's proprietary consolidation and performance statement platform within four of the independent broker/dealers in the ING Advisors Network: Locust Street Securities, Inc., Multi-Financial Securities Corp., IFG Network Securities, Inc. and VESTAX Securities Corp.

"The bottom line for me is simple-the more time I spend selling, the better off I am," says Eric Pettis, a Harrisburg, PA-based financial advisor who is licensed with Locust Street Securities and currently uses the StatementOne service. "I've been using another time-intensive method to consolidate information for years.

Generating a single report meant making at least four phone calls and entering data on the computer that could take up to an hour. The StatementOne product gives me the extra time to be more productive."

StatementOne.com is powered by a data processing system known as the Financial Data Network (FDN), which securely gathers, cleans and stores diverse transactional level financial data comprehensively from numerous data custodians, including the ING Advisors Network's clearing firm, Pershing. The system performs its functions without the aid of manual or advisor-level data gathering as is often needed with other portfolio management and screen-scraping systems. As a result, StatementOne.com offers the independent broker/dealer industry's leading comprehensive, Internet-based consolidated statement platform.

The Web application allows users to dynamically run reports for an individual investor or any number of household members. The application generates real-time, AIMR*- compliant, daily time-weighted returns. "The Financial Data Network technology and its resulting product StatementOne.com have been in development for nearly seven years and underwent one year of rigorous scrutiny by ING, culminating in a successful three-month beta-test period," says Lou Gerber, chairman and CEO of StatementOne. "We feel strongly that we have completed the financial circle by finally enabling the independent financial advisor and the investor to have access to a snapshot of their investment portfolio."

*AIMR's Performance Presentation reporting standards are reporting guidelines, primarily used by North American investment professionals to ensure fair representation and full disclosure of investment performance.

About ING Advisors Network

ING Advisors Network, a member of ING Group's U.S. Retail Financial Services division, is based in Atlanta and is one of the country's leading independent broker/dealer networks. The Network has more than 10,500 affiliated financial advisors. With nearly 100,000 employees in more than 65 countries, ING Group is a global financial institution, which is active in the field of insurance, banking and asset management. ING seeks to provide a full range of integrated financial services to private, corporate and institutional clients through a variety of distribution channels, giving them the freedom to choose the option which best suits their individual needs.

**StatementOne and the broker/dealer firms of the ING Advisors Network are not affiliated companies.

For more information contact StatementOne at marketing@statementone.com.

For More Information:

Address
Albridge Solutions
1009 Lenox Drive, Building 4
Lawrenceville, NJ 08648

Phone
(877) 252-9963

Email
info@albridge.com