Navatar Group Launches Financial Services Solutions for Mutual Funds, Hedge Funds...

Navatar Group Launches Financial Services Solutions for Mutual Funds, Hedge
Funds and Mergers & Acquisitions Built and Run Entirely On Salesforce.com's
Force.com Platform

NEW YORK, June 10, 2008 (PRIME NEWSWIRE) -- Navatar Group, a global
salesforce.com partner in Financial Services, today announced three new
On-Demand solutions to manage operations for Mutual Funds, Hedge Funds and
Mergers & Acquisitions built entirely on salesforce.com's Force.com
Platform-as-a-Service.

The Navatar Mutual Funds solution enables mutual fund companies to manage
complex deals with broker/dealers across multiple channels. Designed to
integrate with industry standard data feeds, this solution can aggregate
information across broker/dealer offices and branches. The solution is designed
to do the following:

* Manage deals with broker / dealer, banks and financial advisors
* Manage wholesale and retail channels
* Aggregate fund data from multiple offices to the broker/dealer
* Track broker rep performance based on transactions
* Integrate with standard industry data feeds
The Navatar Hedge Funds / Asset Management solution helps efficiently manage and
track investor subscriptions and redemptions, fund offerings and returns,
security holdings and trades. It also has built-in risk assessment functionality
to manage the entire portfolio for funds. The solution is designed to do the
following:

* Conduct risk assessment and exposure for the fund
* Track underlying fund holdings and transactions
* Track investments in all securities
* Manage fund operations and track investors
* Track fund returns and performance
The Navatar Mergers & Acquisitions solution enables an organization to manage
and track all the activities related to evaluation of companies to acquire or
divest. It has built-in processes to manage the due diligence steps, allow for
multiple reviews, and track all parties involved in the process with the ability
to monitor the progress of all the deals. The solution is designed to do the
following:

* Define criteria for target acquisitions / potential divestitures
* Track due diligence for each company being evaluated
* Track external advisors involved in the deal
* Provide users ability to perform multiple reviews
* Monitor evaluation / deal progress
The Navatar solutions run on the Force.com Platform, benefiting from
industry-leading performance and availability, global scale, multi-tenancy and
security of salesforce.com's award-winning service.

"Force.com gives Navatar the ability to focus on innovation, not
infrastructure," said Renny Monaghan, vice president, financial services,
salesforce.com. "With Force.com, Navatar can leverage their thought leadership
and deep expertise in Financial Services and SaaS to deliver compelling
applications that address the specific needs of their financial services
clients."

"Navatar's solid experience in Financial Services CRM, combined with the
Force.com Platform, has enabled us to develop these solutions in months," said
Alok Misra, Principal, Navatar Group. "Financial Services firms no longer have
to depend on difficult to install, maintain and modify software to run their
operations -- salesforce.com has changed all that with the Force.com Platform."

Availability

Navatar's Mutual Fund CRM, Hedge Fund CRM and Mergers & Acquisitions CRM are
currently scheduled to be available on a 30-day free trial basis on the
AppExchange or http://www.navatargroup.com or by calling 212 461 2140 for more
information.

Force.com Platform and the AppExchange

Force.com is the on-demand platform for the next generation of business
applications. Force.com reinvents traditional customization and integration and
enables the creation of a whole new generation of on-demand applications that go
beyond client/server computing. Force.com allows applications to be easily
shared, exchanged and installed with a few simple clicks via salesforce.com's
AppExchange marketplace, enabling all the innovation that Force.com unleashes to
benefit the entire on-demand community.

The AppExchange economy continues to expand, as thousands of salesforce.com
customers have installed thousands of on-demand business applications available
on the AppExchange, found at http://www.salesforce.com/appexchange.

About Navatar Group

Navatar Group (http://www.navatargroup.com), one of the premier salesforce.com
partners, is a global consulting firm that excels in delivering On-Demand CRM
solutions. Headquartered on Wall Street in New York and specializing in
Financial Services CRM, Navatar provides "out-of-the-box'' Force.com-based CRM
solutions for Equity Capital Markets, Debt Capital Markets, Mutual Funds, Hedge
Funds, Private Equity and Mergers & Acquisitions that are ready to deploy with
minimal customization. Navatar's CRM solutions for Financial Services are being
used by firms in North America, EMEA and APAC. Navatar Group also has an
Offshore Technical Excellence Center in New Delhi, India, that provides
customization and implementation services for the CRM solutions.

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CONTACT: Navatar Group
Media:
Dilip Badwe
212-461-2140
dbadwe@navatargroup.com