Released on = June 1, 2007, 7:10 pm

Press Release Author = DataArt

Industry = Computers

Press Release Summary = DataArt has completed an upgrade of 100 Women in Hedge
Funds' email system which permits automation and customization of email
communication to 100 Women in Hedge Funds' growing membership base.

Press Release Body =
For Immediate Release
New York, New York. June 1, 2007. - DataArt has completed an upgrade of 100 Women in
Hedge Funds' email system which permits automation and customization of email
communication to 100 Women in Hedge Funds' growing membership base. The new system
optimizes the functionality of existing mailing and communication structures, making
the sophisticated workings of the database manageable and user friendly.

100 Women in Hedge Funds partnered with DataArt to update and automate the existing
email system, which was no longer capable of efficiently managing communications to
the organization's 6000 global members. The new system allows for scheduling and
sending of HTML-formatted e-mails at selected times and dates to members grouped by
region, functional areas or interest. DataArt has also developed customizable e-mail
lists and an online shared calendar.

"As 100 Women in Hedge Funds grows, we need to rely more heavily on technology-based
solutions for appropriate and efficient communications. Partnering with DataArt to
upgrade our email system was the first step to improve targeted communication to our
6,000 members," said Amanda Pullinger, Executive Director of 100 Women in Hedge
Funds.

"For a decade, DataArt has been helping leading financial institutions and financial
technology firms eliminate technology execution risks and streamline their business
communication processes," said Vica Vinogradova, Vice President of Corporate
Communications at DataArt and a member of 100 Women in Hedge Funds. "We are happy to
have been of assistance to 100 Women in Hedge Funds in their efforts to strengthen
their membership communications infrastructure."

100 Women in Hedge Funds serves over 6,000 alternative investment management
investors and practitioners through unique educational, professional development,
networking and philanthropic initiatives. Since its first session in 2002, 100 Women
in Hedge Funds has hosted more than 100 events globally, connected more than 150
senior women through their Peer Advisory Councils and raised in excess of $10
million for philanthropic causes in the areas of women\'s health, education and
mentoring.


Media Contact:
Vica Vinogradova
vica@dataart.com
212-378-4108 x.14

About DataArt: www.dataart.com
DataArt is a high-end custom software development company with industry-specific
expertise in financial technology, telecom and media sectors. The company
specializes in enterprise application development, system integration and business
automation tools. Headquartered in New York City, DataArt runs state-of-the-art R&D
centers in St. Petersburg and Voronezh, Russia, and maintains offices throughout the
U.S. and in London, UK. In 2006-2007, DataArt was named one of the world's top
emerging outsourcing providers by BusinessWeek, CMP's Global Services 100 and
International Association of Outsourcing Professionals.

About 100 Women in Hedge Funds (www.100womeninhedgefunds.org)
100 Women in Hedge Funds serves over 6,000 alternative investment management
investors and practitioners through unique educational, professional development,
networking and philanthropic initiatives. Since its first session in 2002, 100 Women
in Hedge Funds has hosted more than 100 events globally, connected more than 150
senior women through their Peer Advisory Councils and raised in excess of $10
million for philanthropic causes in the areas of women\'s health, education and
mentoring.





Web Site = http://www.dataart.com

Contact Details = Media Contact:
Vica Vinogradova
vica@dataart.com
212-378-4108 x.14