Castek Announces Availability of Insure3 Policy Release 4.0

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Castek Inc. is pleased to announce the general availability of Insure3 Policy Release 4.0 with significant enhancements to the business functionality and deployment flexibility already offered by this award-winning product.

New business features have been added which will reduce implementation times and increase the benefits for both commercial and personal lines customers. Our browser user interface is now included with Insure3 Policy at no additional charge.

* Building on the Personal Auto Quote User Interface introduced in the previous release, a broad set of new browser user interface pages, supporting the complete policy lifecycle, are now available for both Commercial and Personal Lines.
* New Product Configuration Module features to further enhance and simplify the insurance product definition process.

New technical features further increase the deployment options and reduces implementation complexity, making the solution more attractive to both large and small P&C carriers:

* Full support for deployment on a Microsoft Windows® Server 2003 platform
* Technical integration with the NetRate Systems Inc. rating engine
* Technical integration with the InSystems CalligoTM document management system
* JSR 94 Java Rules Engine API support
* System performance enhancements

This release reinforces our ongoing commitment to product R&D and our continuing efforts to shorten the implementation timeline and reduce risk for our customers.

Release 4.0 will ship in January 2004.

About Castek

Castek Inc. (Toronto, ON.) specializes in strategic business software for P&C insurance. Recognized for the advanced architecture and flexibility of its products, Castek provides carriers with a suite of core business processing systems for insurance product and process configuration, policy processing, and claims management. For more information, please visit www.castek.com or call 1-866-9CASTEK.

Contact:
Ritchie Leslie
Vice President
Business Development
Castek
416-777-0293
RLeslie@castek.com

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