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FOR IMMEDIATE RELEASE

Arthur Coyne, CFA, Joins Northwest Capital Management as Chief Investment Officer
September 2005 - Portland , Oregon

Northwest Capital Management, Inc. ("NWCM"), a provider of investment consulting and wealth management services, today announced the appointment of Thomas E. "Arthur" Coyne, CFA, as Chief Investment Officer, effective September 19, 2005. As Chief Investment Officer, Mr. Coyne will be responsible for manager research and asset allocation modeling across NWCM's institutional and private client practices.

"We are delighted to have found someone with Arthur's level of knowledge and experience. Arthur is one of the most forward-thinking investment strategists in the field today. His capacity to formulate and communicate cohesive investment strategies will be invaluable to our firm and our clients," said Fred Payne , President of NWCM.

Mr. Coyne has nineteen years of investment experience. Prior to joining NWCM, Mr. Coyne led asset allocation and fixed income research at Arnerich Massena & Associates, a Portland-based investment consulting firm. He also headed the asset allocation group at Windermere Investment Associates, a consulting firm specializing in tax-efficient investment advising for high net worth individuals and institutions, after starting his career as an investment analyst and operations manager at Smith Breeden Associates, a fixed income investment manager. As a fixed income analyst, Mr. Coyne valued and performed risk analyses on mortgage backed securities (MBS), collateralized mortgage obligations (CMOs) and interest rate derivatives for the purpose of assisting savings institutions in their management of risk. In March 2005, Arthur Coyne was featured in a Brainstorm NW magazine cover story, Investing with the Best: Top Regional Financial Advisors. Mr. Coyne holds a B.S. from the University of Michigan at Ann Arbor and has earned the right to use the Chartered Financial Analyst (CFA) designation, which is a globally recognized standard for measuring the competence and integrity of investment professionals.

Northwest Capital Management ("NWCM") was founded in 1998 to provide fee-based investment consulting and wealth management services to corporate retirement plans, private clients, foundations, and endowments. An independent registered investment advisory firm, NWCM is employee-owned and, accepts no soft dollars, commissions, or revenue-sharing. NWCM seeks to provide unbiased advice in the best interest of its clients. For more information, please visit Northwest Capital Management at www.nwcapital.com or contact Terri Schwartz at 800-757-2963 or 503-768-3607.