StatPro Regulatory News (SOG)

Thursday, 22 July 2010

STATPRO GROUP PLC

("StatPro", "the Company" or the "Group")

Launch of StatPro Revolution Public Beta

A new web-based Portfolio Analytics service for the front office

StatPro Group plc (AIM:SOG) the AIM listed provider of portfolio analysis and data solutions for the global asset management industry, is pleased to announce the beta launch of StatPro Revolution(tm) and free trial. Designed for money managers of all sizes StatPro Revolution provides secure, online access to client reporting and portfolio analysis from a single web platform. The public beta release provides a collection of powerful and visual analysis features including performance, attribution, allocation and risk. To sign up for a free user account please visit www.statpro.com/revolution. 

StatPro Revolution links easily to portfolio data such as security positions and provides a wealth of analysis and reporting functionality to all areas of the business. StatPro Revolution can also be used as a stand-alone analysis, reporting and research platform, by taking advantage of the built-in pricing and benchmarking service. Over 500,000 securities and 11,000 benchmarks are available allowing instant portfolio analysis. Portfolio analysis has never been so easy, so comprehensive or such good value.

Justin Wheatley, StatPro CEO commented: "StatPro Revolution provides the technology that will allow portfolio managers of all sizes to analyse their portfolios quickly and easily and in a way their clients want to see it presented. We believe StatPro is the right solution at the right time for our market. We have seen huge interest in our initial trials and are already working with a major global custodian bank to deploy this service to their clients."

StatPro Revolution is a true software as a service (SaaS) offering. There is no software to install and it is deployed and available globally today. The full launch of StatPro Revolution is scheduled for January 2011.

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About StatPro

StatPro is a leading provider of portfolio analytics and asset valuation solutions for the global asset management industry. The Company sells a SaaS-based Analytics and Data platform on a rental basis to investment management companies allowing them to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides market data and valuation feeds including a Complex Asset Pricing service.

StatPro has grown its recurring revenue from less than GBP 1 million in 1999 to GBP 28.4 million at end December 2009. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. The Group has operations in Europe, North America, South Africa and Australia, with approximately 75% of recurring revenues being generated outside the UK.