New York Life Investment Management Selects CMN for Design Services

CMN to Update Look and Feel of NYLIM Sales Materials

WATERTOWN, MA ,June 13, 2006 ,Corey McPherson Nash (http://www.cmndesign.com), an award-winning integrated design firm providing branding, advertising, print, and interactive services, today announced that it will provide design services to the Retirement Plan Services division of New York Life Investment Management LLC (NYLIM).

NYLIM Retirement Plan Services, a leading provider of bundled retirement plan services to corporations and multi-employer plans, chose CMN to deliver an updated version of the company's suite of sales collateral and its communications sales book. The new look and feel of the sales materials will support NYLIM's sales efforts, highlight success stories and reflect the company's sophisticated approach to retirement plan management for its clients.

"In this extremely competitive market, the right sales materials can play an important role in making deals happen" said Michael McPherson, CMN partner and creative director. "The new CMN-designed sales collateral and communication sales book will reflect the strength of the NYLIM brand and will be effective tools for securing new business."

About Corey McPherson Nash

CMN is a creative studio that helps organizations enhance brand equity throughout their print and interactive communications. Leading education, technology, entertainment and professional services organizations choose CMN for thoughtful design and strategic insights into branding and message development. Clients include Monster, Tuck School of Business, Forrester Research, and Huntington Theatre Company. Visit CMN online at http://www.cmndesign.com, or contact CMN by phone at 617-924-6050.

About NYLIM Retirement Plan Services

NYLIM Retirement Plan Services provides services to more than 2,100 defined contribution, defined benefit and deferred compensation plans as of March 31, 2006. With offices in Westwood, Massachusetts, and Parsippany, New Jersey, NYLIM Retirement Plan Services administers retirement programs for small, medium and large companies, multi-employer plans, and individuals throughout the United States, and is widely recognized for its leadership in bundled defined contribution and bundled defined benefit plans.

With more than $200 billion in assets under management as of March 31, 2006, New York Life Investment Management LLC and its affiliates provide investment management and related services to a wide range of individual, corporate, public, and Taft-Hartley clients. NYLIM offers institutional asset management, retail investments, retirement plan services, guaranteed products, real estate investments, and alternative investments. For more information, visit NYLIM's website at www.nylim.com.