Pivot Triples Customer Count in 2007 and Prepares for Continued Growth in 2008

Pivot, Inc., a real-time enterprise collaboration network serving the capital markets, today announced a 150 percent increase in seats in 2007, solidifying Pivot’s reputation as the fastest growing institutional collaboration and communication network in the financial markets.

Pivot tripled its customer base in 2007, signaling the need for an institutional networking solution that is secure, integrated with compliance and order management software, and can convert conversational data into trade tickets in an automated process. Pivot success included:

• Secured two of the top three banks as customers
• Emerged as the dominant real-time communications platform for energy related products among the brokerage and trading communities
• Boasted rapid growth among asset managers and hedge funds, with a customer base that represents over $250 billion in AUM

“There is a huge demand for technologies that leverage Web 2.0 capabilities to drive business and increase sales. Pivot addresses this need by providing an advanced platform for online collaboration and communication, facilitating expanded trading capabilities, reducing costs and improving investment performance,” said Ed McDonnell, managing director of Pivot, Inc. “Pivot’s customers rely on our solutions for revenue-generating workflow resulting from tightened processes, expanded collaboration opportunities and streamlined information management.”

Pivot 360° lets institutional professionals manage all information 360 degrees around a transaction by advancing beyond traditional instant messaging. Its IMTRADER module integrates instant messaging with back-end systems to drive efficiency, productivity and profitability. Its Broadcast Management module targets and manages large scale communications strategies with tools that ensure effective delivery of revenue generating ideas and liquidity.

Pivot will relocate to a larger office facility in Jersey City, New Jersey in spring 2008.

About Pivot

Pivot is an inter-enterprise performance network dedicated to serving the capital markets arena. Pivot boosts customers’ performance by aggregating and integrating information and data across disparate sources into decision-making and trading specific workflows. Pivot increases relevance through structured data, and networking people and services 360 degrees around transactions. The Pivot network helps transform conversations into ideas and ideas into transactions by integrating information, relationships and transactions into a single pivot point, giving customers the best information to base decisions. Based in both Boston and New York City, Pivot is backed by Eze Castle Integration and leading venture capital firms Softbank Capital, Draper Fisher Jurveston Gotham Ventures and Hudson Ventures. For more information, please visit http://www.pivotinc.com