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MuniComp Gains Market Support

Pittsburgh, PA (January 18, 2001) — MuniAuction’s online bid calculator, MuniComp, continues to impress underwriters, issuers and financial advisors alike. “The unique combination of MuniComp’s features creates an “auction tool” with which underwriters can both calculate and submit bids while still actively participating in a real-time auction” says Chris Blackwood, Manager of E-Commerce at Kirkpatrick Pettis Financial Advisors. Blackwood added that “the ability to store and submit multiple bids adds great value to the dynamic auction process, improving the efficiency of the process and potentially lowering interest rates to the issuer.”