Varden Technologies Announces the eReportal DocMatrix Module to Add Community-Based Document Workflow for Investment Management Firms

Varden Technologies, Inc., a leading provider of advanced technology for investment management, today announced the release of the Matrix notification module to its existing suite of eReportal tools. eReportal is a leading software solution serving the web-based client reporting and information delivery solution for investment management firms.

Matrix is a user-based sharing and interaction application that enhances the workflow capabilities of the eReportal environment to actively notify users when they have documents that require action. Matrix is a community-based application analogous to a specialized 'chat' environment that streamlines the authorization and review process associated with approving presentations and documents within the eReportal environment.

Mary Bishop, Vice President of Varden stated &qout;We are continually hearing from our clients, partners, and prospects that document workflow specifically designed to improve the quality and timeliness of client communications is key. The product development group has focused on workflow capabilities over the last two years but Matrix takes the sharing and interactivity capabilities of the application to a whole new level.&qout;

The eReportal Matrix will be made available with the November 2008 release of eReportal 5.0.

About Varden Technologies

Varden Technologies was founded in 1999 to provide specialized software and consulting services to the Investment Management industry - arguably the world's most reporting-intensive industry. The Varden team has over 15 years of experience working with many different commercial reporting systems and has first hand experience with the techniques and approaches that are most effective. Varden focuses on working with clients to determine how data can be retrieved, organized, and presented most effectively for each individual organization. For more information on Varden Technologies, visit their website at www.vardentech.com.