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Seattle, WA – March 16, 2011
Press Release

New Board Member Announcement

Tamarac today announced that Kati Hvidtfeldt, Senior Director of Business Development at Microsoft, was elected to Tamarac's board of directors.

"Given Kati's experience and current role at Microsoft, we look forward to her contributions as a member of our board of directors," said Stuart DePina, Tamarac's CEO. "As we continue to expand our Microsoft Dynamics® CRM offering, Kati's experience and insights will add great value in helping to guide Tamarac in the years ahead."

As Senior Director of Business Development at Microsoft, Kati defines innovative go-to-market strategies for Dynamics CRM and ERP with a focus on small to medium business customers. Kati's 20 years of experience in business development and sales leadership give her a seasoned perspective which perfectly complements Tamarac's needs as a rapidly growing company.

Prior to taking on her current role at Microsoft, Kati was responsible for managing the product management and marketing teams of the Navision product line, helping to double its revenue in under three years. Before joining Microsoft in 2002, Kati oversaw technology innovation at Navision Software, Maconomy and Irdeto.
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About Envestnet

Envestnet, Inc. (NYSE: ENV) is the leading provider of intelligent systems for wealth management and financial wellness. Envestnet’s unified technology enhances advisor productivity and strengthens the wealth management process. Envestnet empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet enables financial advisors to better manage client outcomes and strengthen their practices. Institutional-quality research and advanced portfolio solutions are provided through Envestnet | PMC, our Portfolio Management Consultants group. Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors. Envestnet | Retirement Solutions provides retirement advisors with an integrated platform that combines leading practice management technology, research and due diligence, data aggregation, compliance tools, fiduciary solutions and intelligent managed account solutions.

More than 59,000 advisors and 2,900 companies including: 16 of the 20 largest U.S. banks, 38 of the 50 largest wealth management and brokerage firms, over 500 of the largest Registered Investment Advisors, and hundreds of Internet services companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client on-boarding, improve client digital experiences, and help drive better outcomes for enterprises, advisors, and their clients.

For more information about Envestnet | Tamarac, please visit www.tamaracinc.com and follow @TamaracInc.
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