FINEOS Extends Relationship in Claims Management with IBM

FINEOS Corporation, a global provider of innovative enterprise
software solutions for insurance, bancassurance, and social insurance,
has extended its relationship with IBM to enable the FINEOS Claims
solution to now run on IBM System z. The IBM System z enablement will
allow insurers that rely on mainframes at the heart of their
enterprise infrastructure to run FINEOS solutions on their preferred
platform. FINEOS, a member of the IBM ISV Advantage program, works
closely with IBM around the world to deliver comprehensive and
innovative solutions. All FINEOS solutions, including FINEOS Claims,
support IBM's Insurance Application Architecture (IAA), are certified
and scalability tested on IBM hardware and software, and can be
delivered using IBM services. This integrated approach provides a high
degree of compatibility with existing technology investments thus
mitigating project risk and speeding implementation.

"We are pleased to work closely with IBM to deliver world-class
global insurance solutions. The IBM System z enablement reinforces our
commitment to supporting FINEOS clients by ensuring that all FINEOS
solutions will run across every platform in the IBM eServer hardware
line," says Michael Kelly, CEO, FINEOS Corporation.

FINEOS Claims has been successfully implemented at many of the
world's leading institutions in insurance, bancassurance and social
insurance. IBM System z is the mainframe platform of choice for
top-tier enterprises running mission-critical applications. The level
of testing carried out by IBM engineers at the IBM Development Lab in
Boeblingen, Germany, will provide additional confidence to FINEOS
clients that FINEOS Claims is highly portable and easy to support,
resulting in increased savings and resourcing.

Commenting on the development, Norbert Dick, General Manager, IBM
Global Insurance Industry notes, "We are delighted that FINEOS has
successfully enabled their insurance claims platform on IBM System z.
FINEOS continues to expand upon its relationship with IBM to reach new
markets for claims management. Our support of FINEOS over the years is
based on a number of important factors most notably FINEOS' global
insurance experience, the functional breadth of FINEOS solutions and
the inherent flexibility of the FINEOS Enterprise Platform, designed
to be delivered in an open Service Oriented Architecture (SOA)."

About FINEOS Corporation

FINEOS is a global provider of innovative enterprise software
solutions for insurance, bancassurance, and social insurance. FINEOS
solutions address core business processing requirements including CRM
sales & service, new business & underwriting, claims & payments, and
policy administration. FINEOS solutions are built on a customer and
case centric, rules-driven, component-based enterprise platform that
serves as a flexible infrastructure for new product introduction,
legacy enrichment, and business transformation initiatives. FINEOS is
delivering documented benefits for some of the world's leading
insurance carriers, government institutions, bancassurers, retail
banks and building societies. The company is headquartered in Dublin,
Ireland and has offices in North America, Europe and Australasia. For
more information, please visit www.FINEOS.com.