DST Systems and SalesPage to Integrate Transaction Resolution and Sales Management

Distributor Product Suite will Offer a Unique Solution for Fund Distributors

KANSAS CITY, MO. May 17, 2004 – DST Systems, Inc. has teamed with SalesPage Technologies to provide a best-in-class solution for transaction resolution and sales management. Distributor Product Suite will integrate mutual fund shareowner data from DST’s TA2000 recordkeeping platform with SalesPage’s customer relationship management (CRM) tools. The solution will bring together critical operations and sales data, streamlining transaction and asset reconciliation while enhancing sales and marketing initiatives.

Designed specifically for fund companies, Distributor Product Suite will feature two component models to meet clients’ diverse needs. The Transaction Resolution component will provide, in an accurate and timely fashion, data to manage resolution and sales activities. It will integrate transfer agency and distributor processes, providing a single interface to maintain firm, office and representative (FOR) data; update FOR information on shareowner accounts; and research transaction details.

The Sales Analyzer component will combine transaction resolution capabilities with SalesPage’s fund.space ® CRM tool. All transaction, sales and client data will be available to both operations and distribution personnel, making sales and marketing efforts more effective. Distributor Product Suite will become a comprehensive sales management tool, providing real-time trade management while enhancing sales workflow.

“For many fund companies, the effort to fully integrate the operations and distribution areas is an ongoing challenge,” said Bob Tritt, DST group vice president. “These firms face data quality issues, costly, labor-intensive processes and inaccurate sales reporting. Distributor Product Suite will allow companies to resolve transactions on trade date, automating what have historically been extremely manual processes.”

“SalesPage’s experience in CRM technology for mutual funds complements DST’s industry knowledge and leadership,” said Bob Gordon, president of SalesPage Technologies. “The integration provides a solution not available elsewhere in the industry today.”

Distributor Product Suite will be released First Quarter 2005. Planned enhancements to Distributor Product Suite’s functionality include integration with DST’s Universal Dealer Service (UDS), a service for fund companies that draws on DST’s comprehensive database of FOR information. This solution will provide yet another resource to deliver timely and accurate FOR information for both operations and distribution organizations.

Founded in 1983, SalesPage Technologies is committed to providing companies with effective CRM applications and related technical services. SalesPage Technologies collaborates with each client to plan, build and implement a tailored, browser-based CRM solution. Each client's solution starts with the award-winning SalesPage foundation, then integrates the client's own best strategies, leveraging their existing technology investments and readily adapting as the client's needs change and grow. For more information, visit www.salespage.com.

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The information and comments above may include forward-looking statements respecting DST and its businesses. Such information and comments are based on DST's views as of today, and actual results could differ. There could be a number of factors affecting future results, including those set forth in Form 8-K/A dated March 17, 2003 filed by DST with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking comment. The Company will not update any forward-looking statements in this press release to reflect future events.

To learn more about DST Press Releases, contact us at  ctgoldman@dstsystems.com