Successor									Predecessor
		Three Months				Nine Months					Three Months				Nine Months
		Ended				Ended					Ended				Ended
		September 30,				September 30,					September 30,				September 30,
		2006				2006					2005				2005
Revenues:
Software licenses		$	6,502			$	16,864				$	7,567			$	17,884
Maintenance			14,187				40,535					13,263				35,067
Professional services			4,490				14,618					3,633				9,565
Outsourcing			27,270				79,452					21,647				51,723
Total revenues			52,449				151,469					46,110				114,239
Cost of revenues:
Software licenses			2,280				6,828					913				2,267
Maintenance			5,201				15,064					3,199				8,224
Professional services			3,142				9,435					2,171				6,377
Outsourcing			15,185				42,282					12,958				28,808
Total cost of revenues			25,808				73,609					19,241				45,676
Gross profit			26,641				77,860					26,869				68,563
Operating expenses:
Selling and marketing			4,856				12,751					4,167				10,540
Research and development			6,099				17,903					5,772				15,195
General and administrative			5,107				13,860					3,820				9,814
Merger costs related to the sale of SS&C			—				—					1,171				1,171
Total operating expenses			16,062				44,514					14,930				36,720
Operating income			10,579				33,346					11,939				31,843
Interest expense, net			(12,155	)			(35,428	)				(677	)			(556	)
Other (expense) income, net			(83	)			744					211				326
(Loss) income before income taxes			(1,659	)			(1,338	)				11,473				31,613
(Benefit) provision for income taxes			(2,018	)			(3,258	)				4,478				12,060
Net income		$	359			$	1,920				$	6,995			$	19,553

See Notes to Consolidated Condensed Financial Information.

SS&C TECHNOLOGIES, INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED BALANCE SHEETS
(in thousands)
(unaudited)

		Successor
		September 30,				December 31,
		2006				2005
ASSETS
Current assets:
Cash and cash equivalents		$	10,646			$	15,584
Accounts receivable, net			34,394				32,862
Income taxes receivable			—				8,176
Prepaid expenses and other current assets			8,050				6,236
Total current assets			53,090				62,858
Property and equipment, net			10,161				10,289
Intangible and other assets, net			1,113,115				1,103,224
Total assets		$	1,176,366			$	1,176,371
LIABILITIES AND STOCKHOLDER’S EQUITY
Current liabilities:
Current portion of long-term debt		$	2,782			$	10,438
Accounts payable			2,265				2,367
Accrued employee compensation and benefits			6,984				9,048
Other accrued expenses			6,917				8,769
Interest payable			8,051				3,082
Income taxes payable			1,742				—
Deferred income taxes			729				1,305
Deferred maintenance and other revenue			26,657				20,566
Total current liabilities			56,127				55,575
Long-term debt, net of current portion			473,634				478,143
Other long-term liabilities			1,196				1,257
Deferred income taxes			75,735				84,263
Total liabilities			606,692				619,238
Total stockholder’s equity			569,674				557,133
Total liabilities and stockholder’s equity		$	1,176,366			$	1,176,371

See Notes to Consolidated Condensed Financial Information.

SS&C TECHNOLOGIES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
(unaudited)

		Successor					Predecessor
		Nine Months					Nine Months
		Ended					Ended
		September 30, 2006					September 30, 2005
Cash flow from operating activities:
Net income		$	1,920				$	19,553
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			20,140					7,277
Stock compensation expense			1,707					—
Foreign exchange gains on debt			(660	)				—
Amortization of loan origination costs			2,224					59
Equity earnings in long-term investment			(72	)				—
Net realized gains on equity investments			—					(197	)
Loss on sale or disposal of property and equipment			4					15
Deferred income taxes			(11,656	)				650
Income tax benefit related to exercise of stock options			—					2,375
Provision for doubtful accounts			312					930
Changes in operating assets and liabilities, excluding effects from acquisitions:
Accounts receivable			137					(8,143	)
Prepaid expenses and other assets			(1,921	)				(343	)
Income taxes receivable			8,172					—
Accounts payable			(184	)				801
Accrued expenses			503					(2,506	)
Income taxes payable			1,499					578
Deferred maintenance and other revenues			3,676					(9	)
Net cash provided by operating activities			25,801					21,040
Cash flow from investing activities:
Additions to property and equipment			(2,941	)				(2,092	)
Proceeds from sale of property and equipment			1					3
Cash paid for business acquisitions, net of cash acquired			(13,967	)				(183,604	)
Cash paid for long-term investment			—					(2,000	)
Purchases of marketable securities			—					(88,250	)
Sales of marketable securities			—					181,037
Net cash used in investing activities			(16,907	)				(94,906	)
Cash flow from financing activities:
Cash received from borrowings			13,400					75,000
Repayment of debt			(28,276)					(8,013	)
Exercise of stock options			72					2,279
Issuance of common stock			663					343
Purchase of common stock for treasury			—					(5,584	)
Common stock dividends			—					(3,718	)
Net cash (used in) provided by financing activities			(14,141	)				60,307
Effect of exchange rate changes on cash			309					(501	)
Net decrease in cash and cash equivalents			(4,938	)				(14,060	)
Cash and cash equivalents, beginning of period			15,584					28,913
Cash and cash equivalents, end of period		$	10,646				$	14,853

See Notes to Consolidated Condensed Financial Information.

SS&C Technologies, Inc. and Subsidiaries
Notes to Consolidated Condensed Financial Information
(unaudited)

Note 1. Reconciliation of Operating Income to Adjusted Operating Income

Adjusted operating income represents operating income adjusted for amortization of acquisition-related intangible assets, merger costs and purchase accounting adjustments for deferred revenue and other expenses. Adjusted operating income is presented because we use this measure to evaluate performance of our business and believe it is a useful indicator of the underlying performance of the Company. Adjusted operating income is not a recognized term under accounting principles generally accepted in the United States of America (GAAP). Adjusted operating income does not represent operating income, as that term is defined under GAAP, and should not be considered as an alternative to operating income as an indicator of our operating performance. Adjusted operating income as presented herein is not necessarily comparable to similarly titled measures. The following is a reconciliation between adjusted operating income and operating income, the GAAP measure we believe to be most directly comparable to adjusted operating income.

		Successor									Predecessor
		Three months				Nine months					Three months				Nine months
		ended				Ended					ended				Ended
		September 30,				September 30,					September 30,				September 30,
(in thousands)		2006				2006					2005				2005
Operating income		$	10,579			$	33,346				$	11,939			$	31,843
Purchase accounting adjustments			403				2,958					—				—
Amortization of intangible assets			5,678				16,798					2,153				4,719
Merger costs			—				—					1,171				1,171
Stock-based compensation			1,707				1,707					—				—
Adjusted operating income		$	18,367			$	54,809				$	15,263			$	37,733

Note 2. Reconciliation of Net Income to EBITDA and Consolidated EBITDA

EBITDA represents net income before interest expense, income taxes, depreciation and amortization. Consolidated EBITDA, defined under our Credit Agreement entered into in November 2005, is used in calculating covenant compliance, and is EBITDA adjusted for certain items. Consolidated EBITDA is calculated by subtracting from or adding to EBITDA items of income or expense described below. EBITDA and Consolidated EBITDA are presented because we use these measures to evaluate performance of our business and believe them to be useful indicators of an entity’s debt capacity and its ability to service debt. EBITDA and Consolidated EBITDA are not recognized terms under GAAP and should not be considered in isolation or as an alternative to operating income, net income, or cash flows from operating activities. EBITDA and Consolidated EBITDA do not represent net income, as that term is defined under GAAP, and should not be considered as an alternative to net income as an indicator of our operating performance. The following is a reconciliation between EBITDA and Consolidated EBITDA to net income.

		Successor										Predecessor
		Three months				Nine months					Three months				Nine months					Twelve months
		ended				Ended					Ended				Ended					Ended
		Sept 30,				Sept 30,					Sept 30,				Sept 30,					Sept 30,
(in thousands)		2006				2006					2005				2005					2006
Net income (loss)		$	359			$	1,920				$	6,995			$	19,553				$	(16,090	)
Interest expense			12,155				35,428					677				556					40,823
Income taxes			(2,018	)			(3,258	)				4,478				12,060					(12,660	)
Depreciation and amortization			6,768				20,140					3,150				7,277					24,739
EBITDA		$	17,264			$	54,230				$	15,300			$	9,446				$	36,812
Purchase accounting adjustments			403				2,958					—				—					3,574
Merger costs			—				—					1,171				1,171					35,741
Unusual or non-recurring charges			1,033				1,243					(208	)			(323	)				672
Acquired EBITDA and cost savings			174				1,147					2,516				15,073					3,035
Stock-based compensation			1,707				1,707					—				—					1,707
Other			250				750					—				—					857
Consolidated EBITDA		$	20,831			$	62,035				$	18,779			$	55,367				$	82,398

Note 3. Reconciliation of Revenue to Adjusted Revenue

Adjusted revenue represents revenue adjusted for one-time purchase accounting adjustments to fair value deferred revenue as a result of the November 2005 merger. Adjusted revenue is presented because we use this measure to evaluate performance of our business against prior periods and believe it is a useful indicator of the underlying performance of the Company. Adjusted revenue is not a recognized term under generally accepted accounting principles (GAAP). Adjusted revenue does not represent revenue, as that term is defined under GAAP, and should not be considered as an alternative to revenue as an indicator of our operating performance. Adjusted revenue as presented herein is not necessarily comparable to similarly titled measures. The following is a reconciliation between adjusted revenue and revenue, the GAAP measure we believe to be most directly comparable to adjusted revenue.

		Successor									Predecessor
		Three months				Nine months					Three months				Nine months
		ended				Ended					ended				Ended
		September 30,				September 30,					September 30,				September 30,
(in thousands)		2006				2006					2005				2005
Revenue		$	52,449			$	151,469				$	46,110			$	114,239
Deferred revenue purchase accounting adjustments			473				3,478					—				—
Adjusted revenue		$	52,922			$	154,947				$	46,110			$	114,239