FINEOS ACHIEVES IBM PREMIER BUSINESS PARTNER STATUS

Dublin/London/Sydney /Portland ME, 26th April 2005 - FINEOS Corporation, the leading innovator of banking and insurance software, today announced it has achieved the Premier level within IBM's PartnerWorld program. By working closely with IBM on development and marketing initiatives, premier business partners can better serve customers with industry-specific solutions based on IBM's open middleware and hardware. Premier level is by invitation only and reserved for IBM Business Partners that have made significant investments in IBM products and technologies.

"Achieving the IBM Premier Business Partner status is very important to us as we continue to deliver solutions based on IBM hardware and software platforms," said Michael Kelly, CEO at FINEOS. "Our close relationship has benefited both of our organisations and indeed our customers are delighted with our ability to deliver excellent IBM technology and services combined with the innovative banking and insurance solutions from FINEOS to the marketplace," he added.

"IBM Premier Business Partners are achieving mutually beneficial business results with IBM. Together, FINEOS and IBM have demonstrated a strong and sustained commitment to our common technologies and customers," said Lesley Norris, Director of ISV & Developer Relations at IBM Europe, Middle East, and Africa. "We look forward to continue collaborating with FINEOS and, at the same time, enhancing the value we provide our joint customers."

FINEOS and IBM have a long history of working successfully together in the insurance and banking sector in North America and Europe, where FINEOS has a proven track record for implementing IBM products in several of its customer sites.

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