New Sales Appointment to Boost FIS Presence In the French Insurance Market

Paris - 13 October 2006

FIS France continues to invest in expanding its ALIS, Policy Administration Software Package in the French market

FIS Software, a leading global provider of complete package-based software solutions for life and pensions organizations announces today the appointment of Jean-Michel Lorenzi as Sales Director France, as part of its overall strategy of significantly increasing its presence in the French market.

FIS has been operating in the French market for around two years now and currently employs more than 40 insurance experts in it’s Paris office. FIS is looking to expand it’s operations to meet the growing needs of the local market for flexible, robust administration solutions, and Jean-Michel will lead this effort.

Shay Alon, CEO of FIS Software, says: "Jean-Michel's experience will be instrumental in building and strengthening our presence in the French market for policy administration systems for life, pensions and investments companies. I am delighted to congratulate Jean-Michel on his appointment and I look forward to him being a major asset in the continued success of our organization."

Jean-Michel commented “I am very much looking forward to working with FIS who brings a market leading product that has been proven in different territories around the world. It is clear to me that the French market presents excellent opportunities for us, as companies look to upgrade their IT platforms to achieve faster time to market, more modern and flexible products, and reduced cost of IT ownership. ALIS has proven credentials in each of these areas.

Jean-Michel brings to FIS senior-level management experience in the software industry, including business intelligence, business application development, electronic banking and Web based services for large corporations. Before joining FIS, Jean-Michel established and ran successfully the French subsidiary of Kalido Ltd., a leading data warehousing software provider. He was previously Director of a Business Unit at Systar for banks and financial institutions in Washington, DC, London and Paris.

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