Barlow Group

Industry Veteran Strengthens NorthStar's Executive Team

SAN FRANCISCO, California

NORTHSTAR, a leading provider of enterprise-class wealth management software solutions to the financial services industry, today announced that Robert Skea has joined the company's executive team as COO, Worldwide Field Operations. Mr. Skea was previously at Reuters (LSE: RTR, Nasdaq: RTRSY), where he was Head of Account Management and was responsible for leading Reuters' Major Accounts business representing over $440 million in Reuters' annual revenue.

"Bob is the ideal executive to drive and manage NorthStar's significant growth in the wealth management software solutions market," said Chairman and CEO Robert Zangrillo. "He knows our company. He knows our offering. He knows our customers' requirements. He knows our market. Bob brings a proven track record in building and growing technology solution companies in the financial services market. Bob is highly experienced in leading and motivating worldwide teams and in building strategic relationships that will ensure our clients' success. He is a great addition to strengthen NorthStar's executive team."

"NorthStar is the leading provider of enterprise wealth management software solutions and has a tremendous opportunity for growth," said Bob Skea, COO, Worldwide Field Operations. "NorthStar has developed the industry's best offering to drive return on investment for wealth management firms, manage through compliance regulations, and improve productivity for wealth managers. I am very excited to work closely with NorthStar's extremely talented team to expand the company's early market leadership to the next level of growth and maturity."

NorthStar also announced the expansion of its New York operations to better serve the company's growing global client base. Mr. Skea will lead Worldwide Field Operations, including sales, revenue driven alliances and account management, and will be responsible for continuing to develop NorthStar's ASP business based from the company's New York office. "As we continue to expand our New York operations to better serve our clients and prospects, Bob's leadership and background will be valuable assets for NorthStar and our clients," said Collin Cohen, President of NorthStar. "Bob brings a wealth of relevant experience to NorthStar. We are very excited to add him to our very capable team."

Mr. Skea has over twenty years experience building and leading worldwide operations for leading technology solutions providers in the financial services market. Mr. Skea most recently ran the U.S. based Consultative Accounts organization within Reuters America (RAM). This group represents approximately 2000 U.S. based clients and annual revenues of $440 million, or 40% of RAM's revenue base. In this capacity, he was responsible for all client relationships, revenue growth and maintenance. Prior to this role, Mr. Skea spearheaded RAM's buyside marketing efforts, including all product offerings and operating companies, and ran the Reuters Research sales organization in 2004. Prior to Reuters, Mr. Skea was the global head of Sales and Business Development for Multex, a financial information company and the foundation of the current Reuters Knowledge offering. Prior to Multex, Mr. Skea spent fifteen years at JP Morgan Chase Bank in a variety of strategy, sales and operational roles.

About NorthStar Systems International, Inc.

NorthStar is a leading provider of enterprise wealth management software solutions to financial services institutions, including broker dealers, banks and trusts, asset managers, and service providers to Registered Investment Advisors. NorthStar provides a suite of software solutions that empowers financial advisors and their teams with full lifecycle advisory capabilities to acquire and manage client assets in a holistic and compliant manner. NorthStar is backed by venture capital firms Benchmark Capital, H.I.G. Capital, and Chess Ventures, as well as Silicon Valley Bank, and leading financial services institutions including Goldman Sachs, Morgan Stanley and Merrill Lynch. For additional information, visit www.northstar.com.