Press Release

ColoradoBiz Magazine Ranks Insurance Technologies 84th in Top 250 Private Companies of Colorado List

September 27, 2002
Colorado Springs, CO

COLORADO SPRINGS, CO (September 27, 2002) - Insurance Technologies (IT), the premier provider of point-of-sale management software for the financial services and brokerage industries, ranked 84th in ColoradoBiz magazine’s Top 250 Private Companies in Colorado list, as published in its September 2002 issue.

Companies were ranked by revenue from 2001 and 2000. ColoradoBiz magazine reported that the average revenues and average number of employees of ranked companies had sharply decreased from the previous years.

“We are proud to be ranked in the top 85 Private Companies by ColoradoBiz magazine,” said Larry Wiedeman, Chairman and CEO, Insurance Technologies. “Despite recent challenges in the overall economy, we are continuing to increase revenues and maintain considerable client growth in the financial services software industry.”

About Insurance Technologies (http://www.insurancetechnologies.com)

Based in Colorado Springs, Colorado, Insurance Technologies is the pioneer of enterprise wide insurance point-of-sale management, offering a feature rich software solution to the financial services and brokerage industries, supporting life, annuity, mutual fund, long term care, disability insurance and accidental death and dismemberment products.

The ForeSight™ family of products is Insurance Technologies’ multi-channel desktop and web solution integrating steps in the sales process including sales channel branding and content administration, needs analysis, asset allocation, quotes, hypotheticals, illustrative cash flows, suitability analysis, jurisdictional compliance, application generation and electronic fulfillment.