TheNextRound announces the release of Version 9.0 of its Software TNR Solution™

Business Wire, May 3, 2007

WESTBOROUGH, Mass. -- TheNextRound, Inc. (TNR) a leading provider of software solutions for the Private Equity and Alternative Investment communities, today announced the latest release of its software, TNR Solution[TM] version 9.0 to its clients.

Release 9.0 has a broad range of new functionality and significant performance improvements, some of which are highlighted below:

* Technology - Version 9.0 supports SQL Server 2005 and Windows Vista. TNR Solution[TM] seamlessly integrates with Yahoo Maps and Google Desktop Search engine. It also includes a Process Scheduler which enables automated, scheduled synchronization with Outlook contact folders, foreign exchange rate downloads and stock price downloads.

* Workflow Management - Create, monitor and assign tasks and follow-ups throughout your firm. Notification Services integrates with Outlook to notify users of the status of individual workflow items through email and task lists.

* Accounting - Bank Reconciliation, On Screen Partners Capital, Enhanced support for AIVs, Blockers and Holding Companies. Multiple new General Ledger features including automated wire distributions.

* Deal Management/CRM - Central Search Screen, Enhanced custom menu choices, VCard Integration, Task Management, Notification Services and fully customizable distribution lists.

Nancy Mattioli, Chief Operating Officer at TheNextRound, said, "This version is our most powerful ever in terms of performance, enhancements and new features. Our clients have provided us with invaluable feedback. Our strong collaborative relationships with them have allowed our talented engineering team to take our product to the next level. We are very excited about this release and will continue our successful approach to software development so we can bring our clients the best solutions for managing their business."

About TheNextRound, Inc.

TheNextRound is a leading provider of front and back office software solutions to the Private Equity and Alternative Investment communities. TNR Solution[TM] utilizes the latest technology and is built on Microsoft's .NET framework. The software is used by General Partners, Limited Partners, Fund of Funds, Hedge Funds, and Service Providers. TheNextRound has offices in Boston, New York and London, and clients across 17 countries.

To learn more, please visit www.TheNextRound.com.