March 13, 2000, Boston
Redwood Investment Systems, Inc., developer of redwood.com, an integrated web console created specifically for professional portfolio managers and analysts, today announced that it has signed an agreement with TechHackers to supply its QuantTools solution to the redwood.com destination site.

"QuantTools will provide redwood.com participants with the most comprehensive set of financial functions for the consolidation of equity analysis, giving them a global approach across all business types," says Rama Ramakrisnan, VP Product Marketing. "TechHackers QuantTools will contribute an invaluable dimension to our offering by giving redwood.com participants fixed income securities analysis."

TechHackers develops software tools and enterprise systems for quantitatively complex market sectors and business areas such as derivatives, fixed income, asset securitization and risk management at over 3,000 firms worldwide.

About Redwood

The Redwood Network connects investment professionals and other infomediaires in a secure network of intelligent, personalized and ubiquitous workspaces.

Headquartered at the heart of Boston’s financial district with 50 employees and growing, the Redwood Network™ will revolutionize every step in the investment process-from idea to result-for all participants. Investment professionals will use Redwood’s Internet service to simplify, track and act on intelligent, aggregated and contextual data across portfolios. Redwood Investment Systems, Inc. is developing The Redwood Network targeted for release on May 1, 2000.

Contact:

Redwood Investment Systems, Inc. Robert Leaper, 617-956-0630 x219