Lebanon , NJ August 9th 2005 : TSI, Inc. the world's leading supplier of Commission Allocation Software and Services to Broker/Dealers today announced that it has purchased the assets of firmView, Inc., a supplier of web-based payment approval software. Commenting on the acquisition, Dan Devine, President of TSI stated that firmView had developed a comprehensive, cost effective solution for asset managers to track, approve and manage their research-based invoices. Dan Devine commented that “in this age of greater transparency, money managers are looking for an easier way to manage this important aspect of their business and firmView's solution is the cutting edge solution.”  Devine went on to say that “adding firmView's solution to our Commission Allocation System is the perfect fit.”

firmView Cofounder Zoe Boza indicated that firmView had selected TSI as an acquirer based on their complete knowledge of the market as well as their reputation for comprehensive solutions in the marketplace. “We are very pleased to be involved with TSI.  They are firmly established in this market and we look forward to the further growth and development of the firmView application.” Boza stated.

TSI, Inc. is a 15 year old privately held company that has been supplying software solutions and services to Multinational Securities firms, International Investment Banks and Financial Services Companies.

For further information contact