PRINCETON, New Jersey, September 8 /PRNewswire/ --     Princeton Financial(R) Systems LLC ("Princeton Financial"), a
subsidiary of State Street Corporation and a leading provider of portfolio
management and accounting solutions for global institutional investors, today
announced the signing of a definitive agreement pursuant to which Princeton
Financial will acquire all of the outstanding stock of Aquin Components GmbH
("Aquin"), one of Europe's leading software vendors for international asset
management and the fund industry and market leader in investment compliance.

The acquisition of Aquin, as an established provider of middle
and back office solutions with a strong presence in Europe, will allow
Princeton Financial to significantly expand and accelerate their leadership
and product offerings to the global marketplace. Princeton Financials' strong
back office PAM accounting product will complement Aquin's investment
compliance, order management, fund warehouse, reporting, and NAV
reconciliation offerings. The combined offerings will allow the group to
better compete in marketplace by providing a broader offering with reduced
integration risk while allowing each firm to retain its products as well as
its place in the marketplace as best of breed provider.

Commenting on the acquisition, James C. Russo, Princeton
Financial's President and Chief Executive Officer said, "Princeton Financial
and Aquin together can provide institutional investors with a complete
solution. Both companies have solid reputations as quality service providers
to our respective customers. That dedication, coupled with an expanded
portfolio of services, will provide our customers with many benefits. We are
confident that this acquisition will enhance our overall offering and service
to our existing and future customers. "

Götz Bernhardi, Aquin's Chief Executive Officer said,
"Princeton Financial's established track record of providing world class
products through a strong distribution system will allow us to grow our
business globally more effectively than ever. Our companies' combined
products significantly increase the breadth of our product offering and our
visibility in the marketplace."

Completion of the transaction is subject to certain condition,
including approvals by regulatory authorities, and other customary closing
condition. The transaction is expected to close at the beginning of the
fourth quarter of 2008. Financial terms of the transaction were not
disclosed.

Princeton Financial Systems is a leading provider of portfolio
management and accounting systems for global institutional investors. Its
flagship PAM(R) investment management systems are leading accounting
solutions used worldwide by over 300 leading investment managers, insurance
companies, mutual funds and unit trusts, pension funds, hedge funds,
endowments, banks, and corporations, which manage combined total assets of
over US$5 trillion. Princeton Financial has offices located in the United
States, Canada, United Kingdom, the Netherlands, Australia, and Singapore.
For more information, visit Princeton Financial's website at
http://www.pfs.com.

Aquin is a market leader in investment compliance, offering a
range of products and services tailored to the needs of the international
fund industry. Aquin provides solutions for investment compliance and related
areas such as order management, data management, reporting, and NAV
reconciliation, as well as the management of sophisticated software
integration projects. The company has built its reputation on solid
compliance and IT experience in long term relationships with its clients.
Aquin services a blue-chip client base of the world's leading investment
management companies, hedge funds, fund administrators and custodians. The
company is headquartered in Frankfurt, Germany with subsidiaries in London,
Paris and Zurich and an office in Luxembourg. Aquin's MIG21 was voted Best
Technology Solution 2008 by an independent jury at Complinet's 4th Annual
Compliance Awards.

Media Contact:
    
    Cyndi Flanagan, 
    cflanagan@pfs.com ,
    +1-609-987-2400.