Issue 2 of the ClearMomentum newsletter includes a short feature on software navigation, registration for the educational webinar series and an editorial by CEO, John Grabski

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Alternative asset professionals can now take the power of the industry-leading analytics and reporting software anywhere, anytime. ClearMomentum’s new mobile app provides subscribers with income statement summaries, balance sheets and vital statistics of portfolio company performance directly on their iPad or iPhone.

-Scroll through charts of key metrics including EBITDA, Revenue, Cash, OPEX and Operating Cash Flow.

-Read & write to and from the database for collaboration with partners and finance team members.

-Review commentary on portfolio company data directly from your mobile device.

For the first time, ClearMomentum subscribers can access their most current financial data on business trips, boardroom meetings or the backseat of a taxi without the need of a traditional computer.

New users can contact ClearMomentum to acquire temporary login credentials for a trial application.

The first issue of ClearMomentum’s quarterly newsletter. Content includes editorials, company news, industry updates and thoughts on best-practices.

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ROCHESTER, NY – August 26th 2011 – ClearMomentum, Inc., a Rochester, NY based company that provides analytics and reporting technology solutions to the alternative asset industry is pleased to announce the achievement of the second major milestone in as many months.

As Private Equity, Venture Capitalists and Mezzanine fund managers rapidly adopt more sophisticated methods of collecting, analyzing and reporting portfolio company performance; ClearMomentum continues to advance as the dominant solution provider in this rapidly expanding market. Since emerging as the industry’s first portfolio monitoring and analytics solution in North America, ClearMomentum continues to redefine the space with the most advanced reporting and risk analytics now available through mobile devices such as the iPad and iPhone.

‘Our mission is to continue to disrupt and replace inefficient, unsecure and error prone conventional practices and replace them instead with a solution that reflects the current state of technology. Our job is to make Capital Managers more efficient, more competitive and more mobile”, says ClearMomentum CEO, John Grabski.

The company has added new customers at the rate of one every 12 days in 2011 and expects that rate to double over the coming months. ClearMomentum’s flagship portfolio management solution, ClearFinancials® is now used to manage assets in excess of $70 Billion Dollars.

Under the terms of the agreement, ClearMomentum will leverage D&B trade credit data to measure and monitor underlying risk in the fund manager‟s portfolio. Through this relationship, fund managers will have 24/7 insight into changes in trade credit performance, a leading indicator of pending financial distress and an early warning indicator of potential deterioration of the underlying financial condition of the portfolio.

‘Our goal is to continue to add value to our customers by creating more time to respond to problems that could be minimized or avoided altogether if sufficient lead-time can be created” says ClearMomentum CEO, John Grabski. “This is especially true when managing loan covenant performance and other events that may require additional funding in short periods of time”.

About ClearMomentum
ClearMomentum is a leading analytics and reporting solution provider for private equity, venture, mezzanine and hedge-fund managers located in Rochester, New York. The company‟s flagship solution, ClearFinancials® is the leading portfolio company data management system in North America and the UK. For more information, please visit www.clearMomentum.com

About Dun & Bradstreet (D&B)
D&B (NYSE: SNB) is your source for the best business insight in the world. D&B‟s global database contains the deepest and broadest business insight available, covering more than 195 million businesses worldwide-with every record rigorously quality-assured by our proprietary DUNSRight® Quality Process. Only the DUNSRight process comprises the five essential elements that transform data into the insight you need to decide with what companies to do business. With this insight, D&B has been enabling companies to Decide With Confidence™ for more than 170 years. For more information, please visit www.dnb.com

Rochester, NY, May 15th, 2011 – ClearMomentum, Inc. a leading financial analytics and reporting solutions provider serving private equity, venture, mezzanine and hedge fund managers in North America announced today that the company has delivered record growth for the first quarter of 2011.

According to John Grabski, ClearMomentum CEO, “the company is executing on its plan to double year over year revenues for 2011 and expects the trend to continue as the company proceeds to secure a dominant position in this new and exciting emerging market. Several factors are combining to drive aggressive growth including increasing demands for greater transparency and reporting from the Limited Partner community as well as a host of upcoming regulatory requirements imposed by the Dodd-Frank Act. The company has secured one capital management firm every twelve days on average for the first quarter and expects to reach a new 2011 milestone in that ClearMomentum customers are using ClearFinancials® to manage assets fast approaching $100 Billion dollars”.

The company expects demand to continue as new features and functionality are introduced to meet the needs of capital managers that seek a comprehensive analytic and reporting platform to manage the entire data process from collection, aggregation, analysis, reporting and distribution of portfolio company performance to LPs and other key stakeholders in the investment community. A major revision of the company’s flagship application, ClearFinancials® is scheduled for release June 30th and is positioned to further strengthen the applications’ already robust value proposition.

About ClearMomentum
ClearMomentum is a leading analytics and reporting solution provider for private equity, venture, mezzanine and hedge-fund managers located in Rochester, New York. The company’s flagship solution,ClearFinancials® is the portfolio company data management system of choice in North America. For more information, please visit www.clearmomentum.com

ClearFinancials® Corporate Finance Edition 2.0 is delivered with a new, fully integrated Bottoms up Budgeting module designed to automate existing budgeting and forecasting process requirements without the need for costly set-up and system integration.

Today, small to midsized companies typically manage the budgeting and forecasting process with massive spreadsheets containing complex formulas and linkages that are difficult to manage, time consuming to maintain and prone to error.  ClearFinancials® provides a user friendly methodology that dramatically improves both the efficiency and insight of the typical budgeting cycle.

Mary Kay Brammer, CFO, TriStar Global Energy Solutions and recipient of the 2008 Houston Business Journal CFO of the Year – Turnaround Specialist award says that “Bottoms up Budgeting with ClearFinancials has transformed our approach to budgeting and forecasting.  This financial analysis tool is an awesome addition that has improved our financial management capabilities by leaps and bounds!  It’s a “must have” to meet the growing needs and complexities of today’s business and economic climate.”

The new edition embraces the best of Microsoft Excel functionality by enabling the user to immediately integrate legacy, Excel based budgeting models with ClearFinancials® Budgeting.  Complete integration is measured in hours as opposed to competitive solutions that may consume weeks or even months to integrate.  Once integrated, the software provides a robust platform from which actual historic financial performance is used as a basis for modeling future expectations.  The impact of user defined assumptions in future P/L performance is systematically reflected in Balance Sheet accounts based upon past performance.  In addition, ClearFinancials® automatically reconciles the changes by producing a Statement of Cash Flow for each month in the forecast period.  Along with financial statements, a comprehensive financial assessment is prepared to provide instant visibility into the expected outcomes of Key Performance Indicators, financial ratios and operating metrics such as Free Cash Flow, Loan Covenant Compliance, Synthetic Credit Score and dozens of other measures.

Harden Furniture CFO Richard Shaw who has been using the application for two months now says “ClearMomentum has developed an extraordinary budgeting solution.  The functionality delivers considerable power, which was surprising from such a user friendly and intuitive interface, and implementation was simple.”  As for ease of integration, Mr. Shaw added “I was able to integrate my entire Excel based budgeting model in hours and now have an automated solution to a process that historically has consumed weeks of my time.”

Bottoms up Budgeting, combined with existing ClearFinancials® analytic and reporting capabilities, make the Corporate Finance Edition 2.0 an ideal solution for the strategic development and deployment needs of any small to midsized enterprise.

About ClearMomentum – ClearMomentum provides Executive Managers and Private Equity Investors with a Corporate Performance Management (CPM) solution that integrates financial strategy with business analytics, modeling, budgeting and is rapidly becoming the industry Gold Standard for transparent financial reporting. The solution provides an unmatched user experience delivered SaaS and can be deployed across the enterprise efficiently and cost effectively.

About TriStar Global Energy Solutions – TriStar is the leading supplier of aboveground storage tank cleaning and related services. TriStar was founded in 2002 by a group of industry experts with extensive experience in industrial cleaning, waste management, safety and related disciplines. Following a carefully managed business development plan, TriStar has grown from a regional service provider in the U.S. to an industry leader operating worldwide.

About Harden Furniture – A family-owned and operated furniture company started in 1844, Harden Furniture has a legacy of fine furniture making deeply rooted in American craftsmanship, quality and tradition. Building on centuries of artistry and technical expertise has enabled Harden Furniture to not only survive, but thrive in very competitive economic environments. By blending old-world craftsmanship with modern technology, Harden has empowered individuals to increase the capabilities and productivity while streamlining efficiency and minimizing waste.

ClearFinancials® is used by senior financial managers and investment professionals as a means of consolidating data from disparate data sources for the purpose of gaining insight into the performance of a particular organization.  Integrated budgeting and planning capabilities allow the user to create forward looking analysis complete with a comprehensive financial assessment of future performance.  The new Excel Add-in feature dramatically enhances the analytic process by allowing the end user to access the entire ClearFinancials® database directly from Microsoft Excel.  Once enabled, ClearFinancials® users leverage simple drag and drop technology, effectively eliminating the need to write cumbersome formulas to create live references from Excel to the ClearFinancials® database.  Ad hoc queries and reporting requirements are now satisfied from within the friendly and familiar Excel environment.  The ClearFinancials® Excel Add-in is the ideal solution for automating the production and maintenance of legacy reports such as period end management reviews, valuation models, BOD reports and bank reports, and will support the latest versions of Microsoft Excel from 2003 through Excel 2010.

About ClearMomentum – ClearMomentum provides Executive Managers and Private Equity Investors with a Corporate Performance Management (CPM) solution that integrates financial strategy with business analytics, modeling, budgeting and is rapidly becoming the industry Gold Standard for transparent financial reporting. The solution provides an unmatched user experience delivered SaaS and can be deployed across the enterprise efficiently and cost effectively.

“Our customers and their customers can benefit greatly by applying ClearFinancials® in the analysis and problem-solving phase of an engagement. We integrate with virtually any general ledger system available and make it very easy to get started,” said Ken Kaisen, CEO of ClearMomentum. “On an ongoing basis, the customers that choose to make ClearFinancials® a part of their reporting, analysis, budgeting and planning processes will enjoy greater efficiency and insight and a rapid return-on-investment.”

Capabilities of the ClearFinancials® Advisory Markets Edition include the following:

4vco  hosts its annual PESS Showcase where they bring together the industry’s major private equity vendors to demonstrate and discuss their products and services.  Delegates from over 60 European Private Equity firms can meet the vendors and view their products at the booths in the main hall and can attend a number of presentations during the day in the presentation suites.  It is also a great opportunity to network with peers and share experiences in a relaxed yet informative environment.

See www.4vco.com/events/pess-2010.html