First Albany Companies Launch Four New Web Properties Powered By netEDITOR®-pro

November 26, 2003

Boston, MA. November 26, 2003 - Bridgeline Software announced today that it has successfully completed the development and launch of four web properties for the First Albany Companies. The four sites for the First Albany conglomerate include, First Albany Companies, First Albany Capital, FA Asset Management, and FA Technology Ventures. First Albany and its subsidiaries can be visited on the web at www.firstalbany.com

The web properties were developed using Bridgeline Software's enterprise-class Content Management System, netEDITOR®-pro. With netEDITOR®-pro, non-technical users are empowered to maintain relevant content on the website while preserving the common look and feel across the sites. In addition netEDITOR®-pro provides other advanced features such as enhanced workflow options, multiple site content publishing, group security, and LDAP and active directory support. As an Application Integration Platform, netEDITOR®-pro enables any software developer to easily integrate web content management and other proprietary databases and applications under a single unified framework.

The sites were launched as part of a new corporate brand and identity campaign celebrating the First Albany Companies (NASDAQ: FACT) 50 years of independence and growth in the Financial Services market. During the design phase of the project, BRIDGELINE was faced with the unique challenge of incorporating a consistent look and feel across the four First Albany properties while ensuring that each of the constituent groups could stand on its own and reflect its own brand and identity. "Creating a design solution to work across four independent websites was an exciting challenge", says Dean Whitney, BRIDGELINE'S Vice President of Web Development.

Founded in 1953, First Albany Companies Inc. is a leading institutionally focused independent investment bank and asset management firm. Through its Taxable Fixed-Income, Municipal and Equity Capital Markets Divisions, the firm focuses on serving the institutional market, the growing corporate middle market and public institutions by providing its clients with strategic, research-based, innovative investment opportunities. First Albany offers a diverse range of products and advisory services in the areas of corporate and public finance as well as fixed income and equity sales and trading. FA Asset Management Inc. provides institutional and individual clients with expert advice, personal and tailored service and a diverse range of investment products to meet client needs in all market conditions. FA Technology Ventures is a leading early stage investor, providing venture capital, management and guidance for companies in the emerging growth sectors of information technology and energy technology. First Albany is traded on NASDAQ under the symbol FACT and today has 18 offices in 12 states.

About Bridgeline Software

Bridgeline Software is an award winning developer of content management software, document management software, and custom web applications with offices in New England, New York, Washington D.C., and in Bangalore, India. The types of applications include the development of enterprise Internet, intranet, and extranet web properties. In addition they include e-commerce web sites, e-Learning/ e-Training programs, and database development. Companies such as John Hancock, Cadaret Grant, The Bank of New York, Newton-Wellesley Hospital, Nomura Securities, Inverness Medical, First Albany Companies, ConocoPhillips, March of Dimes, BP, The New York Times, Federal Mediation & Conciliation Service, United States Postal Service, and the National Education Association have selected Bridgeline Software for their content management solutions and / or web development requirements.

Visit us today:www.bridgelinedigital.com