Fidelity to Be First RIA-focused Custodian
to Integrate ASP-hosted Offerings Into its Brokerage Platform

BOSTON, May 8, 2007 -- Fidelity Investments today announced that it has established new relationships with Oracle and Emerging Information Systems Inc. (EISI) to create customized and efficient customer relationship management (CRM) and financial planning systems for Registered Investment Advisors.

Fidelity's CRM offering will be a customized version of Oracle's Siebel CRM On Demand. The financial planning offering will be EISI's NaviPlan Central. The new offerings will be integrated later this year with Advisor CHANNEL, Fidelity's brokerage platform for advisors.

Fidelity will be the first RIA-focused custodian to integrate an on demand or application service provider (ASP)-hosted CRM offering and financial planning system into its brokerage technology. The integration of these new technologies can help advisors realize greater workflow efficiencies, save time and reduce errors by eliminating the need to log on and re-type client information into multiple systems.

"There is no doubt that technology, such as CRM, is critical to an advisor's success; however, the complexity and cost of managing accounts across multiple systems can be frustrating and time consuming," said John W. "Jack" Callahan, president, Fidelity Registered Investment Advisor Group. "Integrating industry-leading, flexible technologies into Advisor CHANNEL is the next step in our commitment to building the strongest platform for advisors and to providing them the resources they need to efficiently manage their business, service their clients and grow profitably."

Fidelity's new CRM and financial planning offerings will provide scalability -- by user, data, function and organization -- that will grow with an advisor's practice. Since these solutions are hosted, advisors should be able to reduce the amount of time, effort and money spent on local technology and data management.

Customer Relationship Management

As one of the most important systems for helping advisors develop, grow and service their business, Fidelity's CRM offering will provide advisors with automatic data management, which will include pre-population of Fidelity forms and applications -- one of the largest hurdles to overcome when utilizing CRM solutions. It will be designed to enable advisors to gain a holistic view of the accounts across each client's household and track every interaction with that household, across their practice, while helping them identify opportunities, convert referrals, increase share of wallet and measure business results.

The Fidelity-designed offering will enable advisors to see the full view of a client's relationship, including history, contact information and current account valuations all in one screen, eliminating the need to toggle between applications. There also will be one-click access from Siebel CRM On Demand to more detailed client information within Advisor CHANNEL, with no need to navigate through menus.

Financial Planning

As with Fidelity's CRM offering, Fidelity's NaviPlan financial planning solution will be accessible through a single sign-on to Advisor CHANNEL, for increased efficiency. It will provide advisors with one-click access to import Fidelity brokerage account demographic and position-level information into NaviPlan, eliminating the need to re-type any account information. It also will allow an advisor to track a client's progress on their financial plan in a single click.

With NaviPlan, advisors will have the flexibility to use the tool based on their needs, from a straightforward financial assessment of an investor's net worth to detailed cash flow- based financial plans. They can generate comprehensive wealth planning models and supplement or validate the output of their existing modeling programs. Reports created through NaviPlan can also be customized and branded with a firm's logo.

ASP Model

Both the CRM and financial planning systems will be hosted in an on demand ASP environment. The combination of integration within Fidelity's Advisor CHANNEL workstation with an ASP model, not only can help advisors realize greater workflow efficiencies, but also provide them with the ability to access client data virtually anytime, anywhere via the Internet, as well as the ability to replicate it on their desktops.

"In an increasingly competitive wealth management industry, providing responsive, accurate information can be the difference between winning and losing a client," said Gary Gallagher, senior vice president, Fidelity Registered Investment Advisor Group. "Combining the convenience and flexibility offered through the ASP model with the control of the desktop, clearly is going to change the way advisors view technology -- enabling them to spend less time managing technology and more time strengthening client relationships."

About Fidelity Registered Investment Advisor Group

Fidelity is a leading provider of wealth management, custody and brokerage services to financial intermediaries. The company custodies more than $260 billion in assets on behalf of approximately 3,700 RIA, bank trust and TPA firm clients, as of March 31, 2007. Fidelity provides access to a flexible, open technology environment, extensive practice management resources, and wealth management investments and services - all backed by the long-term commitment of a private company. Dedicated relationship professionals work consultatively to help clients choose the products and services that are in the best interests of their clients and make the most sense for their business. For more information about Fidelity's services, please visit http://ria.fidelity.com.

About Fidelity Investments

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of $3.0 trillion, including managed assets of $1.4 trillion as of March 31, 2007. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 23 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, the largest mutual fund supermarket and a leading online brokerage firm. For more information about Fidelity Investments, visit www.fidelity.com.

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Oracle and EISI are independent companies and are not affiliated with Fidelity. Oracle is a registered trademark of Oracle Corporation and/or its affiliates.

Clearing, custody, or other brokerage services may be provided by National Financial Services LLC or Fidelity Brokerage Services LLC. Member NYSE, SIPC.