SOURCE: Archway Technology Partners

August 12, 2008 11:45 ET

PartnersAdmin LLC Selects Archway Technology Partners

Provider of Hedge Fund Administration and Outsourced Services Selects ATWeb Platform

NEW YORK, NY--(Marketwire - August 12, 2008) - Archway Technology Partners announced PartnersAdmin, a California-based fund administrator and outsourced service provider for hedge funds, selected ATWeb as its technology platform for accounting and administration functions.

"With the deep experience of the PartnersAdmin team coupled with Archway's industry leading platform, ATWeb, we've created the ability to deliver first class administration services to alternative funds," said Mark Howells, Managing Member, PartnersAdmin. "Our partnership with Archway enables us to grow without limitation and creates a best of breed organization to serve our clients. The ATWeb platform allows us to compete and win against tier 1 administrators."

"We are excited about the partnership with PartnersAdmin. ATWeb continues to be a preferred solution for Administrators and with the collaboration between our organizations and relentless focus on client satisfaction, we should be even better positioned and poised for growth," said Jason Brown, President, Archway Technology Partners.

About PartnersAdmin

PartnersAdmin LLC is a fund administrator and outsourced service provider focused on the accounting and administration needs of the hedge fund industry. Partners' offers a comprehensive platform, delivering a full suite of services covering accounting, middle and back office functions. The broad industry experience of its team combines with cutting edge technology to deliver innovative end-to-end operating solutions. For more information, please visit http://www.partnersadmin.com.

About Archway Technology Partners

Archway Technology Partners is a global software company supporting the operations of private investment companies such as Hedge Funds, Fund of Funds, Family Offices, Multi-Family Offices, Fund Administrators, and Real Estate Funds. Archway's flagship product, ATWeb, is a leading on-demand enterprise software application for the Investment Industry. ATWeb customers enjoy web-deployed tools available 24/7. ATWeb is the industry's only application that has successfully integrated investor relations, portfolio reporting, fund accounting, partnership accounting, and a full suite of financial modules -- a true standard in one solution. Built on next generation technology, ATWeb also supports the world's only fully integrated Hedge Fund Market. For more information, please visit our website at http://www.archwaytechnology.net.

If you would like more information about this topic, or to schedule an interview, please call Drew Alexander at 917.464.5288 or e-mail Drew at dalexander@archwaytechnology.net

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