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December 06, 2006 at 09:31 AM EST
Investment Cafe Reporting System Reinforces Communications Focus at Quadrangle Group
Dynamic Capital Account Reporting Unavailable Elsewhere Provides 'More Information With Less Work'

NEW YORK, Dec. 6 /PRNewswire/ -- DMLT, a leading provider of technology-based financial and information reporting systems that deliver ease of use, scalability and real-time financial data to the private equity and venture capital industries, is pleased to announce that its Investment Cafe Reporting System is now in use across all alternative asset products at Quadrangle Group LLC to provide secure, up-to-the-minute financial information. Quadrangle has used Investment Cafe since 2002.

Ken Pierce, Managing Director of DMLT, said, "Quadrangle was a new firm when we first began working with them and we are pleased that we have grown with them as they have expanded their investments across a number of alternative asset strategies. The Investment Cafe has reduced their administrative hurdles and the dynamic capital account reports Quadrangle is able to provide a level of detail that would be difficult to duplicate in hard copy format."

"When we first began evaluating service providers four years ago, we looked at a variety of products but because of our focus on media and communications investments we needed a firm that reinforced our emphasis on the information industries and brand with a system that offered a greater level of technology. We needed dynamic quarterly reports and looking back I could not imagine operating today without a system like the Investment Cafe," said Kim Carlson, Chief Administrative Officer of Quadrangle Group.

Quadrangle Group is an alternative investment firm based in New York City.

Quadrangle now provides more information with less work. A system that merely posts a PDF document to a web site would not satisfy Quadrangle's needs so the products attached to an accounting package would not be suitable. "Since we began using the Investment Cafe four years ago, the team at DMLT has added significant improvements responsive to our specific needs," added Ms. Carlson.

In addition, Quadrangle has been able to dramatically reduce its use of paper. The firm previously mailed hard copies of quarterly reports which totaled as much as 80 pages. Today, only a handful is sent to investors who still require them.

DMLT's flagship product, Investment Cafe Reporting System, has become the system of choice for large and mid-size alternative asset funds and sponsors to communicate with current and prospective investors. Marketed under the brand name Investment Cafe(TM), DMLT's primary services include web-based investor reporting, fund raising, contact management, electronic document servicing and distribution.

About DMLT

DMLT is an independent company offering a suite of Web-based financial reporting and fund raising products to the alternative asset community under the brand name Investment Cafe(TM). DMLT serves firms managing over $85 billion in capital commitments with over 15,000 investors in more than 55 countries. DMLT's flagship product, the Investment Cafe Reporting System has been the system of choice because it addresses the unique needs of the investor, and provides productivity tools that significantly reduce the burden of fund administration. The product is in use by many of the world's largest private equity firms, as well as leading middle market firms in North America. In addition to providing its technology to the private equity industry, DMLT also offers its reporting systems within the alternative investment arena to real estate, venture, mezzanine, debt, hedge funds, and fund-of-funds. DMLT has offices in New York, Florida, and California. More information about DMLT can be found on the firm's website at www.investmentcafe.com.

Source: DMLT

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