Axioma Names Jacqueline Morby to Board of Directors

New York, NY September 2, 2004 - Axioma, Inc., a leading supplier of decision support software to the financial services industry, today announced that it has named Jacqueline C. Morby to its Board of Directors.

Ms. Morby joins Axioma's Board of Directors with more than 25 years of experience in the software industry. Most recently, Ms. Morby was a Managing Director at TA Associates where she oversaw numerous software investments. She currently serves on the Boards of ANSYS, Inc. (public), HVL, Inc. (private), J&B Software, Inc. (private), SoftMed Systems, Inc. (private), and Pacific Life Corp., a Fortune 500 company.

"We are delighted that Jacqui has agreed to serve on the Axioma Board", said Dr. Sebastian Ceria, President & CEO of Axioma. "She brings a wealth of industry experience and has a keen perspective on the challenges faced by rapidly growing software companies. She will be an excellent compliment to the existing Board members, and we look forward to her strategic and operational guidance."

In addition to her current responsibilities, Ms. Morby has also served as a Director of the following public companies: Axent Technologies, Inc., BMC Software, Inc., Boron, LePore & Associates, Inc., Ontrack Data International Inc., Ecometry Corporation, System Software Associates, Sierra On-Line Inc. and AI Corp. She serves on the Advisory Board of Carnegie Mellon School of Computer Science and is known as a specialist in computer software investments.

About Axioma
Axioma, Inc., headquartered in New York City, is a private company that develops, markets, and implements optimization modeling and decision support software for the financial services industry. The company was founded in 1998, and since then has helped leading financial firms reduce risk, increase returns and improve operational efficiency. PortfolioPrecision® software is an industry-leading portfolio construction and rebalancing application. "PortfolioPrecision" is a registered trademark of Axioma, Inc.

For more information about Axioma and decision-support solutions for the financial services industry, please call (800) 558-7983 or visit the company's Web site at www.axiomainc.com.

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