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PRESS RELEASES

5/01/2005 - BIPT Announces the Immediate Availability of TiVA Version 4.0

Orlando, FL – BIPT, Inc. (BIPT), a leading provider of web-based insurance processing solutions, today announced immediate availability of the 4.0 version of TiVA, their web-based policy and claims administration system.

“With the release of Version 4.0, we’ve completed our delivery of straight-through processing functionality in TiVA. The automatic underwriting and issuance features we’ve added are in direct response to our customers’ desire to touch fewer policies and concentrate their underwriting efforts on those applications that do not comply with their normal criteria” said John Kummer, President of BIPT, Inc. "Version 4.0 continues our legacy of providing feature rich, web based policy administration solutions for the Property and Casualty market that provide our clients with speed to market and competitive advantages, while maintaining a low total cost of ownership."

About BIPT, Inc.

BIPT, Inc., headquartered in Sarasota, Florida, is a leading provider of Policy and Claims Administration solutions for the Property and Casualty Insurance industry. Their flagship solution, TiVA, is a browser-based system designed to help carriers extend their application process to agents in the field, streamline the underwriting process, and improve their competitiveness in the marketplace. Visit the company’s website at www.bipt.com.




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