Advent Software Closes Review of Options, Remains Committed to Independent Path

Advent Software, Inc.

, a leading provider of software and services for the global investment management industry, announced today that the Board of Directors has recently completed a review of its strategic alternatives with the assistance of its financial advisor, Qatalyst Partners, and its legal counsel, Wilson Sonsini Goodrich & Rosati. Following a comprehensive review process, the Board has determined that it is in the best interests of the Company and its shareholders to continue to execute on its strategic plan as an independent company.