iLevel Solutions Secures US$6 Million in Funding and Completes Spin-out from The Blackstone Group (NYSE: BX)

Funding to Accelerate Product Development, and Expand Business Development, Marketing and Sales Activities

NEW YORK, July 12, 2010 - iLevel Solutions, a leading provider of private equity software and
reporting solutions, today announced the closing of a US$6 million round of
funding led by Egis Capital Partners, Swift River Investments, and Epiphany
Ventures.

The funding will be used to support the continued development of iLevel's
suite of software products focused on the Alternative Investment Management
market, along with the expansion of business development, sales and marketing
activities. iLevel's flagship product, The Portfolio Company Reporting System
(PCRS), is an integrated solution that enables private equity firms, venture
capital and other direct investment managers to monitor the financial and
operational health of their portfolio companies.

iLevel was established in January, 2009 as a technology spin-out from The
Blackstone Group (NYSE: BX) in order to commercialize a number of proprietary
technology solutions developed at Blackstone. "The PCRS platform was
originally developed internally by Blackstone five years ago to establish a
structured process to automate and streamline the collection, analysis and
reporting of portfolio company data for the firm's private equity portfolio,"
stated Harry Moseley, Senior Managing Director and Chief Information Officer
of The Blackstone Group. "Blackstone had invested substantial time and money
into the development of PCRS which we believe can provide tremendous value to
the alternative investment industry far beyond deployment within Blackstone.
With iLevel's new investors and ownership, Blackstone has fulfilled its
commitment to establish iLevel as an independent company focused on
developing strategic solutions for our industry."

The typical process of collecting, managing and analyzing data across
portfolio investments is manual, complex, labor-intensive, and prone to
errors and misinterpretation of critical information. Through the use of
PCRS, investment professionals are able to access critical fund and portfolio
investment data along with key financial and operating metrics with ease and
speed. Information is available through flexible Excel dashboards which
leverage data stored in the underlying PCRS relational database, pre-defined
reports and user-defined analytics for instant insight into critical metrics.
With PCRS, the focus of finance resources, analysts and deal teams shifts
from data collection to analysis, reporting, risk mitigation and investing in
new opportunities.

"iLevel Solutions provides a comprehensive technology platform that has
already delivered substantial value to a number of the world's leading
private equity funds and their limited partners," stated Robert Chefitz,
Managing General Partner of Egis Capital Partners. "iLevel's combination of
proven technology and domain expertise in the alternative investment market
has fueled its early growth and adoption. This investment will help the
company continue to solidify its position as a leader in portfolio analysis
and reporting through deeper business alliances, innovative application
development, and aggressive expansion."

"In today's increasingly dynamic business climate, private equity
professionals and limited partners alike require rapid access to high quality
investment metrics, performance information and actionable analysis," stated
David James, Managing Partner of Swift River Investments. "iLevel's PCRS
platform is a breakthrough for private equity firms looking to achieve
greater visibility into their investments while providing greater
transparency, speed, and frequency of reporting to their investors."

"We are delighted to have the support of these accomplished and highly
respected investment groups to drive the next phase of iLevel's aggressive
growth plans," said Rick Kushel, CEO of iLevel Solutions. "We evaluated a
number of different financing alternatives and sought to partner with these
organizations for their experience in working with emerging companies with
strong growth potential and their deep understanding of the alternative
investment market."

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:                                  iLevel Solutions
    Hank Boggio                               345 Park Avenue
    Chief Marketing Officer                   New York, NY 10154
    +1-646-746-1100                           +1-646-746-1103 - Phone
    hboggio@ilevelsolutions.com               www.ilevelsolutions.com

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