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Press Release

May 17, 2004

PIMCO Advisors Deploys mWholesaler on BlackBerry

Pyxis' mWholesaler Delivers Wireless Tools to Field Sales Team

Waltham, Massachusetts - Pyxis, a leading provider of software and solutions that promote asset growth for the Investment Management industry, announced today that PIMCO Advisors selected mWholesaler™, equipped with Pyxis' mPlatform™ wireless middleware services, as the mobile sales system for its outside sales team.

mWholesaler™ is an mPlatform wireless solution for mutual fund and annuity wholesalers that provides the tools needed to maximize productivity and sales effectiveness in the field. Using BlackBerry® Wireless Handhelds™ developed by Research In Motion (RIM) (NASDAQ:RIMM; TSX:RIM), operating on a nationwide wireless data network, PIMCO Advisors' wholesalers have both wireless and offline access to client contact and financial data, the ability to update rep information, view branch-level data, obtain sales reports, and access email and calendar information. The mobile solution integrates seamlessly with the company's existing CRM and sales systems.

"My wholesalers have already told me they wish they had this 10 years ago!" states Stephen Maginn, Managing Director & Head of US Sales, PIMCO Advisors. "The increased productivity enabled through mWholesaler will help us increase our assets under management." PIMCO Advisors selected mWholesaler for its focus on the investment sales process and proven track record among leading asset managers including 7 of the top 25 mutual fund complexes in the US.

To view a Case Study of the PIMCO deployment click the link below:
PIMCO Case Study

About Pyxis
Pyxis is a leading provider of technology software and solutions to the Investment Management industry. Pyxis combines innovative software products, industry focus, and technical expertise to deliver effective business solutions. mWholesaler™ and our mPlatform™ solutions provide industry-focused mobile and wireless applications to solve key business challenges. For more information, contact Pyxis at 781.997.0302 or visit www.pyxisit.com.

About PIMCO Advisors
PIMCO Advisors provides access to the specialized equity and fixed-income expertise of their affiliated institutional investment firms. Together, these firms manage more than $491 billion (as of 3/31/04) and have a client list that includes more than half of the 100 largest corporations in America. PIMCO Advisors is a member of the Allianz Group (NYSE: AZ), a global financial services leader with a 112-year corporate history and a presence in more than 70 countries.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.