Ibbotson Promotes Two to Vice President

CHICAGO, Aug. 27, 2002 (PRIMEZONE) -- Ibbotson Associates, a leading provider of asset allocation and investment knowledge and tools, today announced the promotions of Stephen Reynolds and Matt Radgowski to vice president. Stephen Reynolds is regional sales director for the West and Matt Radgowski is the director of key accounts.

Stephen Reynolds, 35, joined Ibbotson in 1998 as a regional sales manager. During his tenure at Ibbotson, Mr. Reynolds built valuable relationships with new clients, expanded existing client relationships and contributed significantly to the growth of the company. He worked in sales at Thompson Financial prior to joining Ibbotson, and for four years at Northern Trust in Chicago.

Matt Radgowski, 28, also joined Ibbotson in 1998. He has been an integral part in developing Ibbotson's sales structure. His talent for sales-oriented customer service and ability to easily relate the benefits of the company's retail software products to decision makers across the country has led to two record years of software renewals. Prior to joining Ibbotson, Mr. Radgowski was a regional manager for the Midwest region at AEGON Insurance Group. While there, he was responsible for the distribution of variable life insurance and annuity products to registered representatives.

About Ibbotson Associates

Founded by Professor Roger Ibbotson in 1977, Ibbotson Associates is a leading authority on asset allocation, providing products and services to help financial professionals obtain, manage and retain assets.

The company's business lines include investment consulting and research; planning and analysis software; wealth forecasting; educational services and a widely used line of NASD-reviewed presentation materials. With offices in Chicago, New York and Japan, Ibbotson Associates provides integrated investment knowledge, leading-edge technology, multi-conceptual education and a variety of sales presentation solutions. Ibbotson markets its integrated product line of investment analytical tools and services to institutional money managers, plan sponsors and consultants for quantitative analysis, high-level decision making and presentations. The company's clients also include financial planners, brokers, mutual fund firms, private bankers and small-money managers.


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