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Announcement Source: E/W Group
Monday June 30


PMACS line of business acquired
EAST GRANBY, Conn.--June 30, 2003--The E/W Group is pleased to announce that its PMACS line of business has been acquired by McCamish Systems, LLC (www.mccamish.com). "PMACS is a great fit within the McCamish portfolio of products and we are very comfortable with the knowledge that McCamish will continue the on-going enhancement and support of the product" stated Laird Wiggin, Managing Partner of The E/W Group. The company will now focus its efforts on its core consulting businesses and the continuing support of its efSolutions subsidiary.

About E/W Group

Founded in 1993, the E/W Group, Inc. is financial-services software company that designs and implements applications for banks, investment managers, mutual funds, retirement plans, and insurance companies. E/W Group's corporate headquarters are located at 59 Rainbow Road in East Granby, Connecticut. Readers can obtain more information by calling
Teri Henry at (860) 653-1719, Ext. 487, e-mailing Teri at thenry@ewgroup.com, or visiting http://www.ewgroup.com.


Contact:

E/W Group
Teri L. Henry,   860/653-1719, Ext. 487
thenry@ewgroup.com
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