Neuberger Berman Adopts PMAPS® Financial As Its
Proposal Management Platform

May 14, 2003, South Norwalk, CT - PMAPS®, Proposal Software’s innovative Proposal Managementand Production System-Financial Version has been selected by Neuberger Berman. We’re excited about migrating our existing Word-based proposal process onto PMAPS,” said Cynthia DeJong, Proposal Manager. “Neuberger is a great addition to our growing investment manager user base,” said John Laurino, CEO. “We’re delighted that they choose to rely on PMAPS for this mission critical role in the new business process”.

About Neuberger Berman
Founded in 1936, Neuberger Berman provides institutional investment management services for accounts of $10 million or more, spanning the style and capitalization spectrum. Diverse equity and income funds are made available through various fee arrangements. Select investment portfolios are also available through publicly traded funds. Neuberger also provides prime brokerage and correspondent clearing for hedge funds, broker/dealers, registered investment advisors and family offices

Neuberger Berman's proprietary stock research is made available to institutional clients. And customized investment strategies are offered for individuals, foundations and small businesses with accounts of at least $500,000…augmented by integrating planning, administration and investment expertise for small to large institutions, businesses and families. Wrap account programs and consulting services are also provided for institutional and advisor use. The firm has over $56B in assets under management and 1,200 employees.

About Proposal Software
Proposal Software provides relational database products supporting ‘mission critical’ sales and marketing functions. Clients include leading financial services, healthcare organizations and a wide cross-section of Fortune 1000 corporations.

Proposal Software operates on four simple principles:

• Solve specific problems in the most cost-effective, no-nonsense way – refuse to “puff up” products with unnecessary features or suite components that only add cost and/or maintenance requirements

• Provide “turnkey” solutions with implementation, documentation, training and initial support all part of a single, simple and fixed price – no a la carte menus for upselling and disguising the real price

• Continually improve by listening to user communities and take advantage of advances in operating systems, database tools and the applications in which programs are integrated

• Guarantee that all products will function as promised

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