PLANO, Texas and TOKYO, Japan – March 26, 2007 -- M^cube Investment Technologies, LLC (http://www.mcubeit.com) and M^cube, Japan jointly announced that the Dainippon Ink Pension Fund in Japan has become M^cube’s first Japanese corporate pension fund client. Dainippon Ink is one of the most innovative Japanese pension funds.

Commenting on the decision, Mr. Hideo Kondo, Dainnippon Ink’s Asset Management Director, said: "We manage our pension fund in a very rigorous manner with a small staff. We adopt a sophisticated risk budgeting approach and attempt to maximize return for a given level of risk by using innovative techniques to achieve such goals. Our approach to managing our pension fund is somewhat non-traditional and I was impressed to discover that M^cube staff not only understood my vision, possibly because of their experience in managing funds, but were easily able to capture the fund structure in their AlphaEngine^® software. More important, I am able to leverage their capabilities as we explore the potential benefits of improving returns and risk management through the Dynamic Asset and Currency Allocation (DAA) approach that they have pioneered.”

Mr. Masakazu Arikawa, President and Resident Director of M^cube Japan said, “We are honored to have Dainippon Ink as our first Japanese corporate pension fund client. They join an impressive list of global clients, including some of the most sophisticated pension funds that we currently service. They are very innovative and progressive, and immediately understood the AlphaEngine^® value proposition and how we can work together to help improve returns, risk management without increasing staff. We are facilitating a movement to the model of informed decision-making, and we can easily demonstrate to pension fund clients the potential value that can be added from improving some very basic decisions being made in their pension funds. Dainippon Ink has demonstrated that they are on the cutting-edge of pension fund management and we are honored that Mr. Kondo immediately grasped the impact this could have on his fund. ”

AlphaEngine^® is a web-based software that helps make all portfolio decisions using a transparent and intuitive, rule-based approach. It allows asset managers, pension funds, investment bank research groups, or fund-of-funds to evaluate a broad range of investment strategies for any asset class, currency portfolio or groups of external managers and use these strategies to guide ongoing portfolio decisions. It can be easily customized to analyze a specific portfolio structure, benchmarks and policy constraints. The net impact to most funds is higher returns, better governance through transparency in decision-making, effective risk management, and cost savings. For resource-constrained clients, M^cube offers support to help analyze and implement innovative solutions.

M ^cube Investment Technologies LLC, a U.S. company headquartered in Plano, Texas with offices in Japan, India and Europe, is a leading provider of investment solutions, both technology and advisory services for institutional investors. It services a global client base with clients located in Canada, Europe, Japan, the Middle East and the United States.

Contacts:
M^cube Investment Technologies:
Mr. Masakazu Arikawa, President, M^cube Japan (marikawa@mcubeit.com, Phone: +81-90-15008826)
Dr. Arun Muralidhar, Chairman, Head of Research (asmuralidhar@mcubeit.com; Phone: 1-646-591-6991

Dainippon Ink
Mr. Hideo Kondo, Asset Management Director, Dainippon Ink (hideo_kondo@nifty.com; Phone: +81-3-3561-5270)