News

Statementone Secures Additional $1 Million In Funding

- The Aetna Financial Services Division of ING Group North America (ING/AFS) invests $1 million with StatementOne -

Lawrenceville, NJ - February 1, 2001 - StatementOne, an industry leader in web-based financial data aggregation and consolidated performance reporting, secured an additional $1 million of financing from the Aetna Financial Services Division of ING Group North America (ING/AFS) for its new, web-based product, StatementOne.com. The new venture funding will assist with the primary rollout and implementation of StatementOne.com.

StatementOne will provide financial aggregation and consolidated services to ING/AFS in effort to provide their intermediaries and customers with a more comprehensive view of their holdings and performance across ING/AFS product lines.

"We are honored with Aetna Financial Services' support in helping to bring StatementOne.com to the financial investment arena," said Lou Gerber, chairman and CEO of StatementOne. "It is the funding from our investors who believe in our product and strides for the financial community that help to make StatementOne.com possible."

About StatementOne

StatementOne develops products that enable broker/dealers, financial advisors, and investors to accurately and instantly gauge the progress of their financial information. The company's first-line product is a web platform called "StatementOne.com," a tool designed to give financial advisors and their clients powerful consolidated statements and performance reporting. StatementOne.com consolidates transactional level financial data for institutions and their clients and runs reports for any mix of accounts in real time.

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