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  FOR IMMEDIATE RELEASE

New York, 17 December 2001....Alacra, Alacra, a leading global provider of business and financial information, announces that the Software & Information Industry Association (SIIA) has selected it as a 2002 SIIA Codie Award finalist for the �Best Online Business, Corporate or Professional Information Service� category.

The SIIA 2002 Codie Awards showcase the software and information industry�s finest products and services and honour excellence for corporate achievement and philanthropic efforts.

"The Codie Awards finalists are the best of the best our creative and innovative industry has produced in the past year," said Ken Wasch, SIIA president. "The Codie Awards represent peer recognition of excellence. We congratulate all of the developers, designers and programmers that have had a hand in bringing such outstanding work to the market."

More than 500 companies nominated more than 700 products, Web sites and online services in the competition. The Codie Award finalists represent a range of companies from emerging start-ups to traditional industry powerhouses. The Codie Awards provide the only peer recognition program in the software and information industry, a unique venue where companies compete for the praise of their competitors. The 2002 Codie Awards will be presented at a black-tie gala on Monday, April 15 during the SIIA 2002 Annual Conference at the Hotel Del Coronado in San Diego.

�We are honoured to see Alacra among the Codie Awards finalists that represent the best that the software and digital content industries has to offer,� said Steven Goldstein, CEO of Alacra. �It is great to receive recognition in such a broad and competitive category.�

About Alacra Alacra is a leading global provider of business and financial information. A privately held company founded in 1996, Alacra is based in New York. The company provides a diverse portfolio of fast, sophisticated online and offline services that allow users to quickly find, analyse, package and present mission-critical business information.

Alacra�s customers include more than 750 leading financial institutions, management consulting, law and accounting firms and other corporations throughout the world. For more information about Alacra, visit the company's Web site http://www.alacra.com or call customer service at (212) 363-9620.

About SIIA The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 800 leading software and information companies. For further information, http://www.siia.net.

For further press information, please contact:

Annie Turn, RLM Public Relations, Inc.
(212) 741-5106 x13
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