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100 Women In Hedge Funds Deploys CorrectNet's infiPOINT Technology To Establish Their Internet Presence

October 29, 2002
PR Newswire

HAUPPAUGE, N.Y., Oct. 29 /PRNewswire/ -- CorrectNet, Inc., a global leader in consolidating hedge fund performance and investor data for distribution over the Internet, announced today at the MAR/Hedge 9th International Conference in Southampton, Bermuda, that it has donated it services and technology, the infiPOINT(TM) platform, to establish and launch 100 Women In Hedge Funds Internet web site.

100 Women in Hedge Funds is a not-for-profit association dedicated to helping professional women in the hedge fund community. The association believes that through their structured organization, more women can benefit from the collective experiences and wisdom of its member hedge fund professionals.

"We are very pleased that we could provide assistance in order to help promote this fine hedge fund association. 100 Women in Hedge Funds plays a significant role in as a resource to provide wisdom and guidance to all financial professionals who seek it," said Robert J. Miller, CEO CorrectNet, Inc. "Over the years we have established many long-lasting relationships with the hedge fund community -- we were happy to assist our friends at 100 Women in Hedge Funds."

CorrectNet has provided electronic publishing and secure web site services to the alternative investment community since 1996.

"I would just like to thank CorrectNet for all of their work and efforts. We now have a web presence that is suitable for the mission of our association, namely to help hedge fund professionals, drawing to us those who can benefit," said Dana Hall, Board Director for 100 Women in Hedge Funds and Managing Director at Lighthouse Partners, LLC, an investment management company specifically devoted to managing diversified pools of hedge funds. "The fact that we were able to use the CorrectNet infiPOINT platform to our advantage has huge benefits. It made the development of the site and its ongoing administration very easy."

About infiPOINT(TM)

infiPOINT(TM) is a suite of products and services that bring together data from multiple sources and make it available as powerful publishing objects which can be delivered to any web site or web application. The suite includes our premier content management tools and other capabilities which allow non-technical users to easily manage and customize their solution. These features combine to deliver a wide range of solutions including secure web sites, multi-company portals and web services-based publishing platforms.

About CorrectNet, Inc.

CorrectNet (http://www.correctnet.com) utilizes innovative web-services and mass-customization technologies to develop powerful web-based business solutions. The company specializes in helping investment and wealth management firms create powerful data consolidation and Internet publishing platforms. With over 1,000 client installations, CorrectNet is a leading service provider to the Hedge Funds, Investment Advisors and Insurance Agencies.

About 100 Women in Hedge Funds:

100 Women in Hedge Funds (http://www.100womeninhedgefunds.org) was formed in early 2002 to help advance the hedge fund industry and the business activities of professional women within it. They aim to provide their members and associates with high-level contacts, services and information that will enhance and strengthen their organizations. They sponsor educational programs and seminars, as well as social events, designed to facilitate broader knowledge and opportunity for their colleagues. Members and associates are expected to contribute their talents, expertise and leadership toward the development and implementation of programs and services that enrich one another.

About MAR/Hedge Conference:

MAR (Managed Account Reports LLC) (http://www.marhedge.com) is the leading provider of alternative investment news, research and conferences. Their 9th International Conference on Hedge Fund Investments is currently being held at the Southampton Princess in Bermuda.

   CorrectNet, Inc.
   200 Motor Parkway
   Hauppauge, NY 11788
   Jim Mancuso
   Senior Vice President
   Sales & Marketing
   (631) 434-3333

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