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DST Retirement Solutions to Debut Next Generation of Retirement Recordkeeping Desktop

Intuitive application will be auto-deployed using Microsoft’s .NET technology

KANSAS CITY, MO., November 5, 2004 – DST Retirement Solutions announces an enhanced graphical user interface (GUI) for its retirement recordkeeping platform, TRAC ®. With TRAC Desktop™ 3.0, DST will integrate the proprietary, rules-based processing capabilities of TRAC with Microsoft’s latest Windows application development technology, .NET.

.NET’s rapid deployment capabilities enable DST to deliver software releases real-time to end-user workstations. The innovative combination of .NET technology with the redesigned TRAC Desktop will provide DST’s recordkeeping clients with swift deployment of TRAC’s new functions and features; efficient processing capabilities; and intuitive workflows that improve productivity and reduce training time.

DST’s clients contributed greatly to the intuitive design of the TRAC Desktop. As with other TRAC enhancements, clients worked with DST’s certified usability experts during the development process to provide valuable insights on business workflows, assist in usability testing and validate design concepts.

“The result is a highly functional interface that will maximize front- and back-end processing, further increase productivity and reduce new associate training time ,” said Jim Walsh, officer in charge of DST Retirement Solutions. “DST continues to be committed to state-of-the-art technology. We strive to provide industry-leading, innovative technology with our clients’ needs in mind.”

DST Retirement Solutions provides recordkeeping, administrative and communications technology and support to the defined contribution marketplace. Offering two distinct service models – selective outsourcing and ASP – DST Retirement Solutions is a single source for all phases of a defined contribution operation. With 3.6 million participants representing 38 major institutional clients, DST Retirement Solutions supports all plan types, sizes and investment options.

DST Systems, Inc. [NYSE: DST] provides sophisticated information processing and computer software services and products that help clients improve productivity, increase efficiencies, and provide higher levels of customer service. DST is organized domestically and internationally into three operating segments: Financial Services, Customer Management, and Output Solutions. DST operates one of the most advanced data centers in the world, which provides information-processing services to support the products within each operating segment. These products are further enhanced through the integration of DST’s advanced technology and e-commerce solutions.

Founded in 1975, Microsoft [Nasdaq "MSFT"] is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.