News and Notes : Institutional Billing : Asset Management Billing : Redi2.com

RCM Capital Management LLC Goes Live with Redi2 Revenue Manager 4.0

December 06, 2005

OAKLAND, California - December 6, 2005 - Redi2 Technologies, Inc. today announced that RCM Capital Management LLC, a subsidiary of Allianz Global Investors, has started calculating fees, generating invoices, and posting accounting entries to its accounting system with Redi2's premier fee billing product, Redi2 Revenue ManagerTM 4.0. RCM has licensed Revenue Manager to automate its billing and invoicing operations. Revenue Manager is a billing and revenue accounting system used to calculate a broad range of complex fee types, securely manage and audit-trail the generation and approval of invoices and accruals, and run sophisticated analyses on billing and accrual data. Revenue Manager also automates accounting reconciliation and GL/AR interfacing.

"Redi2 is a great company to work with," said Jeffery Wood, Head of Information Technology at RCM. "Redi2 has extensive experience with enterprise fee billing systems for the investment management industry, and Redi2 Revenue Manager 4.0 is built with intelligent, industry-standard technology that makes our maintenance and support easier than ever."

"We are very excited about this significant milestone in our relationship with RCM," said Fermin Garcia, President and CTO of Redi2 Technologies. "RCM's decision to upgrade to Redi2 Revenue Manager 4.0 was a wise decision that will provide them with a quantum leap in functionality and performance."

"The new workflow design of Revenue Manager 4.0 is streamlined, efficient and provides detailed audit trails. Redi2 has been supportive of customizing RCM's needs," said Flora Cheung, VP of Finance at RCM.

About RCM Capital Management LLC

RCM is at the forefront of organizations positioned to respond to the sophisticated investment needs of its clients around the world with a comprehensive range of proven investment capabilities and products. RCM is part of the Allianz Global Investors platform, a member of the Allianz group of companies. The firm combines the financial strength of Allianz AG with a successful investment culture and the sophisticated, global multi-product capabilities required of today's asset managers.

About Allianz Global Investors

Allianz Global Investors offers access to the institutional expertise of the Allianz-owned investment firms, including PIMCO, NFJ Investment Group, Oppenheimer Capital, RCM, Nicholas-Applegate and PEA Capital. With more than $1 trillion under management, Allianz Global Investors is one of the world's leading asset management companies. Our investment solutions -- including mutual funds, managed accounts and closed-end funds -- represent a broad spectrum of asset classes and investment styles. For more information please visit www.allianzglobalinvestors.com.

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