Arbor Partners LogoPartners in Tommorows Technology

News

2/13/06 - Sircon Corporation Migrates Three Additional States to Its Web-Based Solution

Colorado, Pennsylvania and Utah Go Live in 4th Quarter

Okemos, Mich., February 13, 2006 - Sircon Corporation, the only service provider that offers strategic producer-centric solutions for insurance carriers, agencies and state regulators announces the migration of three more states to its web-based solution, Sircon for StatesTM: Colorado, Pennsylvania and Utah.

By moving to the web-based solution, Colorado, Pennsylvania and Utah will save considerable infrastructure costs because, with Sircon for States, Sircon hosts and maintains licenses, hardware and software. Sircon for States also brings new functionality and best practices for regulators because its development is guided by the State Insurance Regulators Consortium (SIRC).

Sircon for States delivers the following benefits to states in managing compliance: built-in support for enforcement case action, complaints handling, producer licensing, and rate and form filing. Sircon for States enables direct online access to these states allowing insurance carriers and producers to process electronic appointments, terminations, license applications, renewals and many other services through Sircon's Compliance ExpressTM, a browser-based e-licensing and appointment solution.

Recent releases of Sircon for States incorporates several new enhancements, including Document Storage capabilities, and the new Regulatory Examination module, which includes Market Conduct, Financial Reporting, and other types of exams as specified by the state, and other new features for producer licensing, business rules and security configurations.

"We are very pleased to convert these states to our web-based solution," said Gary Gummig, Vice President of Government Affairs & Business Development. "These new additions to the Sircon for States platform allow us to continue our goal of providing more efficient ways to manage process and track critical information within the insurance industry."

About Sircon Corporation
Sircon Corporation delivers comprehensive online services and products for licensing, regulatory compliance automation and producer management within the insurance industry. Sircon's suite of solutions provides essential industry services by connecting insurance carriers, broker-dealers, and state regulatory agencies. More state departments of insurance utilize Sircon for producer licensing and regulatory management than any other single solution available today. For more information, please visit www.sircon.com or call 877.876.4450.

For more information, contact:

Heather Horne
Airfoil Public Relations
248.304.1439
horne@airfoilpr.com

Scott Morrison
Sircon Corporation
517.381.3828
smorrison@sircon.com