FOR IMMEDIATE RELEASE

SAMSON CAPITAL SELECTS STaARS AND RecCollect TO AUTOMATE PORTFOLIO RECONCILIATION

Electra Information Systems Supports Continued Growth

February 28, 2007 – New York, NY - Electra Information Systems, a leading provider of reconciliation, trade automation and settlements solutions, today announced that Samson Capital Advisors LLC, a New York City based investment manager, has chosen to implement Electra’s market leading solutions for back-office automation.

Following a comprehensive system selection process, Samson Capital selected Electra’s STaARS and RecCollect to reduce the manual processing of information and automating data collection. The decision to deploy STaARS will provide Samson Capital the opportunity to realize greater accuracy, enhance efficiency and control, and to reduce risk.

Maria T. Carlson, a Founding Principal and Director of Operations and Administration for Samson Capital commented: “Electra’s STaARS and RecCollect are widely recognized as the leading solution in the industry. The deployment of Electra’s solutions provides a scalable solution that allows us to meet our goal of improving our back office efficiencies.”

Ian Danic, Managing Director of Electra, commented: “We are delighted to be working together with Samson Capital to support their rapid growth. This demonstrates that Electra’s market leading solutions are ideally suited for fast growing hedge funds seeking to improve their back office operations.”

Electra’s STaARS automates the reconciliation of securities holdings, transactions and cash between the books and records of an investment manager or hedge fund and its custodian banks and/or prime brokers. Electra’s RecCollect allows an investment manager to automate the reconciliation of data between the custodian books and records and those of the manager by using the securities and cash holdings and transactions data reported by custodians, and delivered automatically by Electra Information Systems.

Together, Electra Information Systems’ STaARS and RecCollect provide a single, seamless solution for automating account reconciliation between an investment manager and its custodians. Through RecCollect an investment manager can obtain cash and securities asset and transaction information on a daily, semi-weekly, weekly, semi-monthly, monthly or “on demand” basis, fully supporting the STaARS reconciliation process. Different accounts can be collected with different frequency and holdings and transactions extracts can be set up separately.

About Electra

Electra Information Systems, Inc. is an industry innovator in providing solutions for Data Aggregation, Reconciliation and Settlements. Electra brings unparalleled expertise in delivering highly effective, easily implemented solutions that are used by 22% of the top 250 investment managers and has become a market leader in providing reconciliation, trade automation and settlements solutions. Electra processes detailed information on over 1.5 trillion dollars (US$) in cash and securities holdings daily.

Electra customers cover the breadth of the financial services industry, including Investment Managers, Hedge Funds, Insurance Companies, Custodial Institutions, and Banks. Founded in 1998, Electra is headquartered in New York City. For more information about Electra’s products and services, visit www.electrainfo.com.

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