InterSystems and Ameritrade Announce Ameritrade's Jerry Bartlett Name

    Business Editors/High-Tech Editors

    CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 11, 2005--InterSystems Corporation and Ameritrade Holding Corporation (NASDAQ: AMTD) today announced that Jerry Bartlett, Vice President, Application Development and Quality Assurance at Ameritrade, has been recognized as a member of the 2005 Premier IT 100 by IDG's Computerworld, the Voice of IT Management.
    With nearly 30 years of industry experience, Ameritrade develops and provides innovative products and services through its brokerage subsidiaries tailored to meet the varying investing and portfolio management needs of individual investors and institutional distribution partners. The leading database provider in healthcare and a significant player in other industry segments, InterSystems develops and markets the CACHE post-relational database and the Ensemble universal integration platform worldwide.
    Bartlett was selected for the Premier IT 100 based on his leadership of a massive conversion process that involved integrating new client positions, trades, assets, and demographic files with Ameritrade's Back Office System (BOS), which is built on InterSystems' post-relational CACHE database. Bartlett's leadership was also reflected in his direction of an upgrade to a new release of CACHE that resulted in a 30 percent reduction in BOS batch processing time and in his commitment to enabling Ameritrade to maintain extremely low operating expenses. The company has one of the lowest operating expense per trade ratios among publicly traded peers.(1)
    Computerworld's Premier 100 IT Leaders list "honors individuals who have had a positive impact on their organizations through technology," according to Computerworld. "These are men and women who manage internal IT organizations, mentor and motivate with interesting challenges and positive work environments, envision innovative solutions to business challenges, and effectively manage and execute IT strategies."
    Computerworld received 568 nominations from vendors, IT users and marketing and public relations professionals nationwide. Nominees were asked to complete a comprehensive leadership/management survey and provide three references. Using Computerworld's IT Leader Index, which is a measurement of how closely an individual matches its definition of an IT leader, the completed questionnaires were evaluated by a panel of Computerworld editors and outside judges. "We define the IT leader as an individual who guides the effective use of information technology to improve his company's business performance," says Don Tennant, Computerworld Editor in Chief. "The Premier 100 honorees fulfilled this and a host of other evaluation criteria. They possess the combination of creative leadership, effective management skills, business experience and technology expertise that is critical to success in today's IT organizations."
    "We're extremely pleased at this recognition of Jerry Bartlett's proven leadership," says Paul Grabscheid, InterSystems Vice President of Strategic Planning. "We look forward to working with him on many innovative technology initiatives in what has been a long and successful ongoing partnership with Ameritrade."
    "Jerry's exceptional leadership and technological expertise has helped establish Ameritrade as a leading innovator for individual investors," said Asiff Hirji, Ameritrade Chief Information Officer. "This recognition is extremely well deserved."

    About InterSystems

    Headquartered in Cambridge, Massachusetts, InterSystems Corporation (www.InterSystems.com) has served the needs of IT organizations and independent software vendors for more than two decades. InterSystems' showcase products, the CACHE post-relational database and the Ensemble universal integration platform, enable the rapid creation and fast integration of high-performance applications.
    Over four million people use mission-critical applications based on InterSystems' software. Twenty regional offices serve application developers and integrators around the world, and 24 x 7 support is provided for all InterSystems products.
    A free, fully functional, no time-limit copy of CACHE can be downloaded or requested on CD from the InterSystems web site.

    About Ameritrade Holding Corporation

    For nearly 30 years, Ameritrade Holding Corporation has provided investment services to self-directed individuals through its brokerage subsidiaries. Ameritrade develops and provides innovative products and services tailored to meet the varying investing and portfolio management needs of individual investors and institutional distribution partners. A brokerage industry leader, Ameritrade, Inc.,(2) a subsidiary of Ameritrade Holding Corporation, was recently recognized as a J.D. Power and Associates Certified Call Center, the first in the financial services industry. For more information, please visit www.amtd.com.

    About Computerworld

    Computerworld, the "Voice of IT Management," is the most trusted source for the critical information needs of senior IT management. Computerworld's integrated offerings form the U.S.-based hub of the world's largest (58-edition) global IT media network through its weekly publication, Computerworld.com Web site, focused conference series and custom research. In the past five years alone, Computerworld has won more than 100 print and online awards for editorial and design excellence, surpassing its direct competition by an order of magnitude. Recognition includes the 2004 Magazine of the Year Award from the American Society of Business Publication Editors and a Jesse H. Neal Award for "Best News Coverage." In print since 1967, Computerworld is the source for information technology management, with a guaranteed rate base of 180,050, a total print audience of 1,138,000 (IntelliQuest CIMS 2004 Business Influencer Study) and an online audience of over 1 million unique monthly visitors (DoubleClick).
    Computerworld is a business unit of International Data Group (IDG), the world's leading technology media, research and events company. A privately held company, IDG publishes more than 300 magazines and newspapers, including Bio-IT World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World and PC World. The company features the largest network of technology-specific Web sites, with more than 400 around the world. IDG is also a leading producer of more than 170 computer-related events worldwide, including LinuxWorld Conference & Expo(R), Macworld Conference & Expo(R), DEMO(R) and IDC Directions. IDC provides global market research and advice through offices in 50 countries. Company information is available at http://www.idg.com.
    (1)Source: Ameritrade, E*Trade and Schwab Company reports for the 12 months ended September 2004.
    (2)Ameritrade, Inc., member NASD/SIPC. Ameritrade, Inc., InterSystems and International Data Group are separate, unaffiliated companies. Ameritrade and Ameritrade logo are trademarks or registered trademarks of Ameritrade IP Company, Inc. (C) 2005 Ameritrade IP Company, Inc. All rights reserved. Used with permission.

--30--MD/ch*

CONTACT: InterSystems Maureen Flaherty, 617-621-0600 flaherty@intersystems.com or Ameritrade Donna Kush, 402-827-8931 dkush@ameritrade.com or Shoor & Company Tiffany Knight, 803-699-0710 tknight@shoorpr.com

KEYWORD: MASSACHUSETTS INDUSTRY KEYWORD: PUBLISHING BANKING SOFTWARE INTERNET E-COMMERCE PRODUCT MANAGEMENT CHANGES SOURCE: InterSystems Corporation and Ameritrade Holding Corporation

Copyright Business Wire 2005