Press Release

Insurance Technologies Adds Another ForeSight™ Customer

January 06, 2003
Colorado Springs, CO

COLORADO SPRINGS, CO (January 06, 2003) - Insurance Technologies, the premier provider of point-of-sale management software for the financial services and brokerage industries, today announced an annuity provider in the top five has selected ForeSight™ Enterprise to enhance its sales efforts. In addition to the many carriers illustrating life, disability and long-term care products, ForeSight now illustrates annuity products for six of the top 32 variable annuity manufacturers. (The VARDS Report, A Service of Info-One, 9/30/02).

Critical business drivers in selecting Insurance Technologies include ForeSight’s built-in annuity capabilities and Insurance Technologies’ ability to meet an aggressive project schedule. Also important was Insurance Technologies’ proven track record in implementing production software on the web. ForeSight will provide support for variable, fixed, immediate and deferred annuity products, combining both a simple user interface and rich sales output, to effectively deliver the value of annuity products to the marketplace.

“The addition of this well-known provider to our growing list of financial services clients affirms ForeSight’s leadership in the domestic annuity market space,” said Steve Leigh, VP Sales & Marketing, Insurance Technologies. “We are excited to provide a software platform that will help annuity products flourish in today’s economy.”

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.