DerivActiv, LLC Announces GASB 53 Hedge Effectiveness Services for Governmental Entities

MINNEAPOLIS, Aug. 27, 2009 (GLOBE NEWSWIRE) -- DerivActiv, LLC, a leading
provider of independent valuations for fixed income, currency and equity
derivatives, private equity, CDOs and CMOs, and other fixed income securities to
governmental entities, healthcare organizations, non-profits, corporations,
banks, hedge funds and higher education clients, has expanded its services to
include GASB 53 effectiveness testing of derivative products for governmental
entities.

To meet GASB 53 requirements, DerivActiv has developed models to evaluate hedge
effectiveness using all of the standard techniques required by the Governmental
Accounting Standards Board (GASB). The results of these models have already been
used by governmental entities and the DerivActiv GASB 53 report process has been
reviewed by accounting firms.

Under GASB 53, a governmental entity is required to determine annually whether a
derivative is a hedging derivative instrument (it passes one of the tests
outlined by GASB 53) or an investment derivative instrument (it fails all of the
tests outlined under GASB 53). "We will help governmental entities perform the
effectiveness tests and prepare their financial statement footnotes to provide
the additional transparency required by GASB 53," said Johan Rosenberg,
president of DerivActiv. GASB 53 is required for all governmental entities with
derivatives.

Given the growing need for independent valuations and transparency in all
derivative transactions, DerivActiv will provide GASB 53 testing and compliance
for all types of derivatives, including plain vanilla swaps, swaptions,
knock-outs, CMS swaps, foreign currency swaps, commodities and other hybrid
derivative structures.

DerivActiv is committed to working with all types of governmental entities
including cities, counties, schools, hospitals, state agencies, public
institutions and any other governmental body to address the desire for
independence and transparency in the derivatives marketplace.

The DerivActiv platform is a web-based system that is available around-the-clock
and the company has successfully completed a SAS 70 Type II audit performed by a
prominent CPA firm. In addition to FAS 157, 161,133 and GASB 53 reporting, the
DerivActiv platform can perform trade analytics, prepare curve shock reports,
produce threshold alerts and provide cash flow verifications.

For more information visit www.derivactiv.com or e-mail info@derivactiv.com

About DerivActiv

DerivActiv, LLC is a leading provider of web-based derivative valuation and
other financial monitoring services, serving financial institutions,
corporations, non-profits, and municipalities. DerivActiv provides daily
valuations of financial products, including equity, currency and fixed income
securities and derivatives. DerivActiv is used for FAS 133, 161,157 and GASB 53
compliance in financial statements, board and finance committee reports, and as
an internal risk management tool. For more information call 1-866-200-9012, or
visit the company's website at www.DerivActiv.com.

The DerivActiv, LLC company logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4749

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CONTACT: DerivActiv, LLC
Media Contact:
Jim Towne
866-200-9012
jtowne@derivactiv.com