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  FOR IMMEDIATE RELEASE

Alacra adds corporate governance content from Institutional Shareholder Services
ISS� CORPORATE GOVERNANCE QUOTIENT AND M&A INSIGHT NOW AVAILABLE TO ALACRA CLIENTS

New York, Tuesday, November 7, 2006Alacra, Inc., a leading provider of online business information solutions, announced today the addition of Institutional Shareholder Services (ISS) Corporate Governance Quotient (CGQ) and M&A Insight to its list premium business information databases. Institutional Shareholder Services (ISS) is the world�s leading provider of corporate governance research and proxy voting services to institutional investors. Most recently, ISS has added in depth analysis on high-profile M&A transactions to its product suite, providing an important compliment to its traditional proxy research.

The ISS Corporate Governance Quotient (CGQ) Reports provide ratings on the quality of a company's corporate governance and board of directors. CGQ ratings are available on more than 7,500 companies worldwide. ISS M&A Insight service (M&A Insight Analysis and M&A Insight Notes) is a unique offering that delivers ongoing deal notes that keep users abreast of contentious proxy issues that arise as a deal evolves. Updates are posted throughout the life cycle of a transaction, including the outcome of the shareholder vote.

Companies with better corporate governance may have lower risk, increased profitability and higher valuations. As a result, the ability to rate corporate governance structure and practice is playing an increasingly important role in the financial community. Additionally, ISS� innovative M&A service benefits users by helping them evaluate the merits of each transaction they are engaged in through a combined corporate governance and financial lens.

�Alacra is an ideal partner for ISS as our CGQ Reports and M&A Insight align with their customers goals of managing risk and driving value,� said Neal Nemeroff, VP, Global Strategic Relations and Business Development at Institutional Shareholder Services.

�We�re thrilled to make these reports available to Alacra�s customers.� said Steve Goldstein, Alacra�s CEO. �ISS is the clear leader in the field of corporate governance and proxy research. The addition of these two content sets provides a powerful enhancement to our database coverage of corporate structure, risk analysis and mergers and acquisitions.�

ISS CGQ Reports can be used to:

  • Analyze a company's corporate governance strengths, weaknesses and overall quality.
  • Incorporate corporate governance scores into due diligence for mergers, acquisitions, poison pills, fixed income and equity offerings.
  • Develop a corporate governance composite score within a broader quantitative model to have a more complete picture at the company, peer group and industry levels

ISS M&A Insight (Analysis and Notes) enables you to:

  • Quickly ascertain key multiples, transaction and peer analysis, as well as the strategic rationale and the negotiations impacting the deal
  • Gain insight into the alternatives available to a target and the board�s position
  • Investigate the competitive landscape to determine how the outcome of comparable proxy contest situations may impact the transaction you are working on.

About Alacra, Inc.

Alacra creates sophisticated online technology and services to help clients find, package and present business information. Financial institutions, professional service firms and other corporations have long used the same content sets to support clients, research deals and investigate market opportunities. The Alacra mission is to package this content and deliver it in a format that best meets each organization's precise needs.

Worldwide, more than 600 investment and commercial banks, management consulting firms, law firms, and other corporations, representing 50,000 end users worldwide, use Alacra to effectively find and deploy business information in their daily workflow. For more information, visit their website at www.alacra.com.

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For further press information, please contact:

Carol Ann Thomas
Marketing Manager
1 212 806 3841
[email protected]