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New York 88 Pine Street, 3rd Fl. New York, New York 10005 United States 1 212 363 9620 1 212 363 9630 fax alacra.com

  FOR IMMEDIATE RELEASE

New York, 10 June 2002� Alacra Inc., a builder of online tools and services to find, analyze, package and present mission-critical business and financial information, announces the launch of Alacra Model, a Microsoft� Excel Add-in that facilitates the retrieval, manipulation and display of company, industry and country-specific data.

Alacra Model was developed for financial and marketing analysts who need to regularly retrieve and analyze quantitative business information. Through its Excel-based user interface, Alacra Model offers analysts tremendous flexibility in the customization of presentation and analytics. One unique feature is that users can access content on a transaction basis, which helps companies to better track and bill expenses.

�We developed Alacra Model in response to customer demand for an easy-to-use service that would effortlessly customize and populate an Excel spreadsheet with premium financial, industry and economic data. We expect many customers will take advantage of the transaction-based pricing model and our ability to readily incorporate proprietary information into their models,� said Steven Goldstein, CEO of Alacra. �Our goal is to turn around the metaphor for buying data over the Web.�

Key applications for Alacra Model include the creation of custom tear sheets, comparable company analysis and the development of standard financial models.

Features of Alacra Model include:

• Variety of premium databases providing company financials, earnings estimates, M&A statistics, company risk statistics, economic data and more
• Respects ticker conventions from exchanges around the world
• Populates fields in standard models, such as Weighted Average Cost of Capital (WACC) and Discounted Cash Flow (DCF)
• Rapidly integrate customer�s proprietary, in-house data
• Standard public Internet connection with XML output, which simplifies integration and prevents potential firewall complications
• Seven-day customer support line

About Alacra
Alacra Inc. is a leading global provider of business and financial information. A privately held company founded in 1996, Alacra is based in New York and London. Alacra 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 Alacra at (212) 363-9620.

For further press information, please contact:

Annie Turn, RLM Public Relations, Inc.
(212) 741-5106 x13
[email protected] # # # # #