Percana signs Eclipse License Contract with Anglo-Irish Assurance

Dublin - 10 September 2007

Percana Group announced to-day that Anglo Irish Assurance Company (AIAC) has selected its policy administration platform Eclipse as AIAC’s solution of choice to support its business operations. This new Eclipse license agreement consolidates Percana’s position as a leading solution and outsourcing provider to the Life and Pensions industry.

Ger Davis, CEO of Anglo-Irish Assurance Company commenting on their decision to select Percana as preferred provider, “We carried out a detailed review of a number of systems available in the market and Eclipse emerged as the solution which provided the best fit for our technical and business requirements. From the outset of our discussions with Percana, they have demonstrated a keen understanding and awareness of our business needs, and how we intend to utilise technology as a means to enhance the capability and efficiency of our operations.”

Percana’s Eclipse product suite is an integrated Front, Middle & Back office enterprise platform, which manages the complete range of Life and Pension products over the full policy life cycle. Eclipse is a highly flexible, scalable and robust system designed and built using up to date client server technologies for the Life and Pensions market, which currently faces numerous challenges as the competitive landscape alters and new regulations come into force. Eclipse is unique in that it has been designed and built with Internet connectivity as a core delivery mechanism and uses XML throughout to accomplish both component integration and interfaces to external systems.

Paul O’Kane, Executive Chairman of Percana, commenting on the announcement said, “We are delighted that Anglo Irish Assurance has selected Eclipse as its preferred platform. Our licensing and implementation model is validated by virtue of the fact that companies such as AIAC, continue to select Percana’s solutions for their critical business and technology needs and the recognition of the unique benefits of our Life and Pension solutions.”

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