Williams Jones Gets A Competitive Edge From FirstRain On-Demand Intelligence

Foster City, Calif., January 18, 2006 - FirstRain, the provider of on-demand intelligence to support business decisions, announced today that Williams, Jones & Associates, Inc., a registered investment advisor that provides customized investment management services to private individuals, retirement plans and non-profit organizations has selected FirstRain® on-demand intelligence to give their portfolio managers a competitive edge.

"Getting the right information at the right time is critical for our portfolio managers," said David Rosenfeld, director of research, Williams, Jones. "FirstRain gives our portfolio managers a competitive edge by discovering sector-specific intelligence, based on their investment theses, from the sources most relevant to the portfolios they manage, and by delivering it to them when, how and where they need it."

FirstRain provides custom-configured intelligence services to financial services, pharmaceutical and high-tech professionals. FirstRain's clients get on-demand access to a dynamic repository of intelligence that gives a complete, focused view of their intelligence targets. FirstRain continuously expands and updates this repository by discovering, monitoring and synthesizing information from thousands of web sources relevant to each client's intelligence needs. These include hard-to-find sources such as sector-specific sources, premium subscription sites, influential blogs and local and international news.

In a separate announcement today, FirstRain introduced its new Portfolio Manager Edition, an on-demand intelligence service designed specifically to meet the workflow requirements of portfolio managers and equity analysts. See "Financial Services Professionals Gain A Competitive Edge With FirstRain Portfolio Manager Edition."

FirstRain Portfolio Manager Edition searches include hard-to-find sources such as sector-specific sources, premium subscription sites, influential blogs and local and international news. FirstRain then synthesizes and presents intelligence to each client according to their own investment thesis, providing a unique view of the qualitative performance of their investments. This synthesized intelligence is delivered according to clients' preferences, through email alerts and digests, and through access to an on-demand intelligence portal.

In a separate announcement today, FirstRain and registered investment advisor Williams, Jones & Associates, Inc., revealed that Williams, Jones' portfolio managers use FirstRain for on-demand intelligence on their investments. See "Williams, Jones Gets a Competitive Edge from FirstRain On-Demand Intelligence."

Williams, Jones & Associates, Inc. was founded in April 1988 as the successor to MacKay-Shields Associates, which was established by Fred Williams and Bill Jones as an independent investment management company under the umbrella of the MacKay-Shields Financial Corporation. Today, Williams, Jones has ten portfolio managers, averaging 26 years of investment experience. The firm's investment approach focuses on long-term growth of client capital through proper asset allocation, a blended growth and value-equity style and active fixed-income management. Williams, Jones offers a unique blend of traditional and alternative investment products that allows for customization to meet client objectives.

"Williams, Jones is focused on growing their clients' investments—their expertise is managing client portfolios—not searching the web for intelligence regarding the investments in those portfolios," said Penny Herscher, CEO of FirstRain. "We are very pleased to be able to provide Williams, Jones with the intelligence they need to make the right decisions for their clients' investments."

About FirstRain

FirstRain provides custom-configured, on-demand intelligence services to professionals in the financial-services, pharmaceutical, and high-tech industries. This highly relevant and timely intelligence from across the open and hidden web-including hard-to-find sources such as sector-specific sources, premium subscription sites, influential blogs and local and international news-enables FirstRain clients to make better business decisions more quickly, using fewer resources. FirstRain is a privately held company headquartered in Foster City, Calif., with additional offices in New York, NY, and Gurgaon and Mumbai, India. Contact FirstRain at www.firstrain.com.

About Williams, Jones

Williams, Jones & Associates, Inc. is a registered investment advisor that provides customized investment management services to private individuals, retirement plans and non-profit organizations. The Firm currently manages $3 billion in equity and fixed income assets. Williams, Jones is located in New York, NY. Contact Williams Jones at www.williamsjones.com.

Contact:

Izumi Barker
FirstRain, Inc.
650-356-9076
ibarker@firstrain.com

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