INSpire Reorganization Disclosure Statement Approved

A disclosure statement describing INSpire Insurance Solutions Inc.’s proposed plan of reorganization was approved by the U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth Division. The Fort Worth-based company filed the disclosure statement and the plan of reorganization with the bankruptcy court in late August 2002.

INSpire has begun soliciting votes for approval of the plan and a confirmation hearing on the plan is scheduled for October 24, 2002. The deadline to object to and vote on the plan is October 21, 2002.

The reorganization plan is subject to continuing negotiations and contemplates the sale of all the company’s operating assets to CGI Group Inc. The plan, along with all other filings, can be obtained from INSpire’s web site at http://www.nspr.com. Execution of a definitive purchase agreement with CGI Group is subject not only to the bankruptcy court’s approval, but also the negotiation of an agreement satisfactory to both parties and other conditions.

INSpire proposes that its business operations be integrated within CGI Group, and through CGI Group, INSpire will continue to offer complete policy and claims administration outsourcing, IT outsourcing, and software services. INSpire anticipates that all of its customer contracts will be assumed by and assigned to CGI Group and will work with its customers to make the transaction as smooth as possible.

If the plan is approved, INSpire’s existing common stock will be cancelled on the effective date of the plan. Any money that INSpire receives (and remaining assets, if any) will be transferred to a trust. The cash proceeds from the trust will be used to satisfy claims of INSpire. If creditors are paid in full, and after the expenses incurred in implementing the plan are satisfied, any remaining cash will be divided pro rata to shareholders according to shares of INSpire common stock held at a date that is fifteen days after the bankruptcy court approves the plan. At this time, INSpire is unable to determine whether there will be any remaining cash to distribute to shareholders.