Market Index Solutions offers enhanced tax management, greater customization and broad market exposure

- Placemark launches index-based portfolios -

Dallas and Wellesley, MA, October 10, 2007 - Placemark Investments, the investment industry's largest independent overlay manager, announced today the introduction of Market Index Solutions, a managed model portfolio tailored to replicate a specific index.

D.A. Davidson & Co., the largest full-service investment firm based in the Pacific Northwest, began offering Placemark's Market Index Solutions portfolio as part of its Unified Managed Account (UMA) program as of October 1. Great Falls, Montana-based D.A. Davidson launched its open-architecture UMA program in July, with Placemark as overlay manager.

Market Index Solutions is an index-based managed portfolio, constructed using a subset of securities designed to mimic the risk and return characteristics of the target index. Used in conjunction with Placemark's overlay management process, Market Index Solutions can be used effectively in implementing integrated tax management strategies, in developing programs for clients with low cost basis securities and illiquid securities, and for accommodating portfolios with significant restrictions.

"Market Index Solutions combines investors' need for market exposure with Placemark's ability to enhance tax efficiency," said Lee Chertavian, Placemark's Chairman and Chief Executive Officer. "Our sponsor firms can now offer a new type highly customizable solution for clients that are sensitive to taxes, or have other unique investment constraints." In addition to the enhanced tax management and customization capabilities, Market Index Solutions can be utilized as a core position for investors looking to complement active alphaseeking strategies.

Placemark can create each Market Index Solutions model portfolio to approximate all broad market exposure (valuation, growth, size, and industry attributes) of the specified index. This ability can provide investors with a tax efficient and economical way of gaining market exposure.

"Placemark's ability to offer our financial consultants an index-based portfolio that can be used to generate and harvest tax losses was a vital next step in the development of our program," said Cory Custer, Senior Vice President and Director of Managed Accounts for D.A. Davidson. "Market Index Solutions lets our financial consultants offer their clients enhanced tax management while still investing in a portfolio of customizable, individually-owned securities."

About Placemark Investments

Placemark Investments is the investment industry's leading overlay manager, helping managed account program sponsors develop and implement Unified Managed Account (UMA) programs, fee-based investment solutions that incorporate multiple investments such as managed accounts, mutual funds and ETFs into a customized portfolio. Placemark strives to deliver superior investment solutions for advisors and clients, working with each sponsor's existing operational infrastructure and preferred investment managers and products. Placemark helps create and administer UMA programs for wirehouses, banks, broker/dealers, and registered investment advisors. Founded in 1999, Placemark has offices in Dallas, TX, and Wellesley, MA. For more information, please visit the company's website at www.placemark.com.