SOLCORP / ProductXpress(TM) 2.3 Helps Insurers Increase Their Business

TORONTO, Jan. 6 /PRNewswire-FirstCall/ -- SOLCORP, a leading provider of software solutions to the life insurance and financial industries and a subsidiary of EDS , today announced the release of version 2.3 of the SOLCORP / ProductXpress product implementation platform. This latest release of the product implementation platform includes numerous enhancements that continue to allow insurers to bring new financial products to market faster and with less risk.

ProductXpress is a highly scalable enterprise platform that allows information technology and product implementation professionals to iteratively design, test and implement reusable calculations across multiple applications. With ProductXpress, information technology departments can centralize product calculations, eliminating redundant customization work across diverse systems, and minimizing maintenance costs.

"As a cornerstone of our information technology strategy, ProductXpress greatly improves our ability to quickly design and deploy new financial product calculations," said Jon Blissett, Project Manager at Skandia. "We look forward to the latest innovations in Version 2.3, which will continue to help us accelerate our time-to-market."

ProductXpress 2.3 introduces a host of new enhancements and performance improvements, including:

-- Advanced branching capabilities: increase product design process flexibility by providing users with the ability to work in parallel on the same product -- Calculation request prioritization: enable improved system efficiency by allowing each connection or request to dynamically set service priority to one of three stipulated modes -- Deployment package encryption: protect intellectual property by allowing insurers to encrypt product deployment packages through a certificate-based mechanism -- Calculator performance dashboard: monitor numerous indicators of the calculation engine's status and current performance for operational monitoring and tuning purposes -- Usability enhancements: increase user productivity and reduce the risk of error through enhancements such as displaying user profile information, upwards mapping indication, unused attribute indication, automatic name mapping and reporting check results iteratively

"Customers like Skandia use ProductXpress to adapt their information technology infrastructure to the evolving needs of their business, allowing them to adapt to a changing marketplace faster, more efficiently, and with greater transparency into their product development process," said Todd Haney, Vice President and Product Technology Strategist at SOLCORP. "This latest version allows insurers to further increase their business agility, while maintaining an efficient, consistent and scalable product design environment."

About SOLCORP

SOLCORP, a wholly owned subsidiary of EDS, is a global leader in software solutions and services for the life insurance and wealth management industries. SOLCORP solutions help customers reduce their total cost of administration, accelerate the introduction of new products to the market, and streamline infrastructure through the migration and consolidation of existing products. SOLCORP / INGENIUM(R) is a high-performance, web services-enabled policy administration system that scales to high-volume environments, providing full-function processing for an extensive range of life and investment products. SOLCORP / ProductXpress(TM) is a scalable enterprise platform that allows IT to develop and implement reusable calculations across multiple applications. Visit SOLCORP on the Web at http://www.solcorp.com/ .

About EDS

EDS provides a broad portfolio of business and technology solutions to help its clients worldwide improve their business performance. EDS' core portfolio comprises information-technology, applications and business process services, as well as information-technology transformation services. EDS' A.T. Kearney subsidiary is one of the world's leading high-value management consultancies. With more than $20 billion in annual revenue, EDS is ranked 87th on the Fortune 500. The company's stock is traded on the New York and London stock exchanges. Learn more at http://www.eds.com/ .

CONTACT: Tanya Peters Media Relations SOLCORP (+1) (416) 673-9900 ext. 5103 tanya.peters@solcorp.com