Business Services Industry

Exstream Software Cited as Leading Provider for Third Consecutive Year in Celent's Insurance Software Deal Trends Reports

Business Wire, June 11, 2007

LEXINGTON, Ky. -- Exstream Software, Inc. (www.exstream.com) today announced it has been named a leading provider of insurance document management solutions by Boston-based Celent, LLC for a third consecutive year in the latest edition of its "Insurance Software Deal Trends 2005-2006" reports published this month. Based on its deal volume, Exstream was cited in the document management category in both the property/casualty and life/health/annuities editions of the report. Exstream was also cited in Celent's Traction Index. The document management category includes the creation of policies, certificates, and correspondence.

"The leading providers named in the reports are active in the insurance vertical," said Craig Weber, senior analyst in Celent's insurance group and author of the reports. "That gives them excellent insights into the unique needs of insurance carriers. Leaders in our Traction Index are demonstrating strong market momentum among insurers, which gives them the kind of experience that many carriers are looking for."

"Celent's continued recognition of Exstream's success in the insurance industry is a great achievement," said Michael Charest, group vice president of insurance solutions at Exstream. "We continue to focus on document automation solutions that alleviate the inherent complexity of document creation and delivery in this competitive industry. This year we introduced an exciting extension of our Dialogue software, Dialogue Live, which provides customer-facing employees with the flexibility and autonomy they need to complete interactive, point-of-need, personalized documents of all types for clients on demand. It provides yet another avenue for making insurance a faster, more flexible, and more customer-focused industry."

Leading insurance providers around the world, including Aetna, AIG, Aflac, Ameritas, American Family, CIGNA, Concord, CSAA, Guardian, Great American, HealthNet, Humana, Penn National, ING, TIAA-CREF, and Oxford Health Plans, have chosen Exstream's Dialogue enterprise document automation solution to streamline complex document processes and connect more effectively with customers.

About Celent

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategies, advice and market insights on a global basis. For more information, please visit www.celent.com.

About Exstream Software

Ranked among the world's fastest growing technology companies, Exstream Software provides enterprise software solutions for businesses around the world to streamline document creation processes and produce higher quality, relevant communications of all types for delivery through print/mail and online channels. Companies in the financial services, insurance, healthcare, service provider, telecommunications, utilities, travel & hospitality, retail, government, and other industries benefit by getting communications to market as much as 85 percent faster, reducing document production costs up to 80 percent, and as much as tripling customer response. Visit Exstream at www.exstream.com, or contact 1 859-296-0600 or info@exstream.com for more information.

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COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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