1 For Immediate Release

FinancialPlanAuditors.com Broadens Strategy; Changes Company Name To Financeware.com

RICHMOND, Va., March 1, 2000 – FinancialPlanAuditors.com today announced that the company has changed its name to Financeware.com to reflect the expanded line of financial planning tools the company will roll out over the coming months. FinancialPlanAuditors.com (www.financialplanauditors.com), the first and only financial planning tool that allows investors and financial advisors to collaborate online to create or modify financial plans, will now become one of many tools to be offered in the upcoming Financeware.com suite of applications for professional financial advisors. The functionality of certain tools in this suite will include performance reporting, style analysis, mutual fund analysis and portfolio accounting. A preview of some of the financial planning tools currently available or to be offered in the near future can be found at www.financeware.com.

“The need for financial advisors to work efficiently with clients over the Internet has caused us to broaden our strategy,” said David Loeper, president and CEO of Financeware.com. “The growing number and increasing affluence of individual investors is driving the demand for financial advisor services, and consequently, more sophisticated software tools. Financeware.com is an application service provider for the financial advisor community that provides Web-based solutions for their businesses.”

The Financeware.com suite of financial planning software will enable financial advisors to work with their clients over the Internet using sophisticated planning and analytical tools. This offers financial advisors a significant competitive advantage because client expectations relating to both technology and Internet access are growing. As more and more investors use the Internet, they want the option of working online with their financial advisor, and this demand will only increase. Forrester Research estimates that $3 trillion in assets will be managed online by 2003.

“Financeware.com will change the way professional financial advisors work,” said Loeper. “The application service provider (ASP) suite that we are rolling out over the coming months will greatly increase financial advisors’ productivity while allowing them to better serve their clients.”

Based in Richmond, Va., Financeware.com is a privately held company formed to develop and market online financial planning tools for professional financial advisors and their clients. Financeware.com’s first Web-based product, FinancialPlanAuditors.com, has had over three million hits since its April 1999 launch and more than 5,000 financial advisors are registered to use the online service.

Contact:

Shannon Jackson                                                                              Amy Loeper
Shannon Jackson Public Relations                                                     Financeware.com
(804) 343-3608                                                                               (804) 644-4711

###