iLevel Solutions Adds CFO to Senior Management

New CFO Brings Proven Financial, Operations and Management Experience

NEW YORK, December 17 - iLevel Solutions, a leading provider of private equity software and
reporting solutions, recently announced the addition of Simon Adell as Chief
Financial Officer.

"Simon is a talented executive who brings a wealth of highly relevant
experience to iLevel, and he will be a key member of the senior management
team as we build the company," stated Rick Kushel, CEO of iLevel Solutions.
"We are dedicated to recruiting top talent and building a team of leaders who
will have a tremendous positive impact on the future of our company. Simon
has hands-on experience helping technology companies scale for growth, making
him a valuable new addition to our team."

Mr. Adell comes to iLevel Solutions with more than 15 years financial
leadership experience. Prior to iLevel Solutions, Mr. Adell was chief
financial officer of Covarity, a leading provider of portfolio management
solutions for the financial services industry, and president of Knowledge
Delivery Systems, an online education company. Mr. Adell holds a BA in
Economics from Queen's University and an MBA from the Ivey School of Business
at the University of Western Ontario. He also holds Certified Public
Accountant, Certified Management Accountant, and Chartered Financial Analyst
designations.

About iLevel Solutions

iLevel Solutions' flagship offering, the Portfolio Company Reporting
System (PCRS) is an innovative, highly secure Software-as-a-Service
technology platform that automates the collection, storage, collaboration,
analysis, and reporting of portfolio data. PCRS provides the seamless
platform that integrates all information for GPs and LPs to monitor
investments, prepare and report valuations, and exchange information. This
comprehensive, end-to-end platform serves as the backbone to completely
integrate reporting, analytical tools, and dynamic information sharing, and
includes components for Private Equity, Real Estate, Debt, and LP Reporting.
For more information, please visit www.ilevelsolutions.com.

    Contact:
    Hank Boggio
    Chief Marketing Officer
    +1-646-746-1103
    hboggio@ilevelsolutions.com

Hank Boggio, Chief Marketing Officer, +1-646-746-1103, hboggio at ilevelsolutions.com