Wilshire Associates Expands in Asia/Pacific Region

Opens Office In Singapore; Anticipates Further Growth

Santa Monica, California, UNITED STATES

SANTA MONICA, Calif., July 31, 2001 (PRIMEZONE) -- Wilshire Associates Incorporated, a leading provider of investment management, consulting, and technology services, has further expanded its global reach through the opening of an office in Singapore.

According to Jack Saunders, managing director, Wilshire Associates Incorporated, the Singapore office will allow Wilshire to provide additional ongoing personalized support to clients of the analytic products and services the firm has been providing in the Asia/Pacific region for the past two years.

"We have been enormously successful with our initiatives in the region and believe by adding staff and establishing a permanent presence there we can leverage the overall expertise of our firm to take maximum advantage of the opportunities that exist just as we have done in Europe," said Robert Raab, senior managing director, Wilshire Associates Incorporated.

"Our business in the Asia/Pacific region continues to expand quickly -- a testament to the state-of-the-art Wilshire Quantum Series analytical software package that is one of the hallmarks of our firm. As we become even more active and further raise awareness of our products and services we already see the day that we will open additional offices in the region to serve our rapidly growing client list," Raab noted.

Wilshire's suite of global fixed income, equity, and balanced fund analytics and performance measurement tools provides fund managers with the most robust and complete Windows(r)-based solution available to analyze performance, measure and manage risk, plan future investment strategy, and report on single- and multi-currency portfolios alike.

Wilshire Associates' Singapore office is located at 6 Battery Road, Level 30, Singapore 049909 and can be reached by telephone at +65 550-9735 or by e-mail at quantum.asia@wilshire.com.

For more information on Wilshire's extensive array of analytic products and services, please go to http://www.wilshire.com/Manager/Analytics.

About Wilshire Associates

Applying science to the art of funds management since 1972, the Wilshire team of over 250 professionals advises on over US$1 trillion in assets, provides analytical tools and consulting to hundreds of the world's largest institutional investors, and directly manages about US$10 billion in assets. During the past ten years Wilshire has also assisted clients in committing approximately US$1.5 billion to private investments.


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