APMC Insurance Services Selects Business Objects as Its Business Intelligence Standard.

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--June 2, 2004

Exclusive Management Company for American Physicians Insurance

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Business Objects, (Nasdaq:BOBJ)(Euronext Paris ISIN code FR0004026250-BOB), the world's leading provider of business intelligence (BI) solutions, today announced APMC Insurance Services (Nasdaq:AMPH), the exclusive management company for American Physicians Insurance Exchange (APIE), has selected Business Objects as its business intelligence standard and the foundation for its enterprise performance management strategy. APMC Insurance Services purchased BusinessObjects(TM) Enterprise 6, including BusinessObjects Data Integrator and BusinessObjects Dashboard Manager.

Business Objects solutions will be rolled out within APIE to capture and analyze information in the areas of policy administration, claims, finance, sales, and marketing. With Business Objects, APMC will gain improved access to data to drive revenue, improve productivity, and continue to strengthen the carrier it manages, APIE. For example, APIE will utilize Business Objects to measure campaign effectiveness and learn how well their message is being communicated in the marketplace. Sales managers will also gain an improved ability to track sales performance and manage the pipeline, leading to improved customer service and profitability.

In addition, APMC Insurance Services plans to use Business Objects to streamline reporting to state and federal regulatory agencies, and assist with corporate governance and compliance. Ultimately, the company will use BusinessObjects Dashboard Manager to power dashboards across the company in order to track key performance indicators vital to the company's success.

"We have been in business for 28 years and understand the medical malpractice business," said Marc Zimmermann, chief financial officer of APMC Insurance Services, Inc. "We are committed to providing excellent service to our APIE doctors, and we feel that through the Business Objects implementation, we will continue to build a financially stronger carrier for years to come."

Business Objects fulfilled APMC Insurance Services requirements for an ETL solution, including easy and quick deployment, rich metadata, and low total cost of ownership. BusinessObjects Data Integrator will help ensure information accountability, and play a key role in allowing APMC Insurance Services and the company it manages, APIE, to standardize on one BI solution.

"APMC Insurance Services knows that to position itself for long-term success and growth, the company should always focus on improving access to information for better decision making, as well as enhancing the transparency and analysis of information," said Dave Kellogg, senior vice president of worldwide marketing at Business Objects. "By selecting Business Objects as the standard -- APMC Insurance Services continues with a trend we are seeing across the business intelligence industry in which organizations are choosing one company to improve enterprise performance management and build profitability across the board."

About APMC Insurance Services

Originally formed in 1976, APMC Insurance Services is the exclusive management company for American Physicians Insurance Exchange (APIE), a reciprocal insurance company that is physician governed. The management team of APMC Insurance Services along with the Board of Directors for APIE brings decades of industry experience, and expertise in medical malpractice insurance issues. APMC Insurance Services manages the underwriting, claims handling, marketing, risk management, day-to-day servicing, and accounting for APIE.

APMC Insurance Services and APIE both have an exceptional track record for defending physicians against litigation and exerting a positive influence on the medical profession. Furthermore, this partnership has demonstrated long term, conservative decision making practices which have resulted in exceptional stability over the last 28 years.

APMC Insurance Services and APIE understand the Texas marketplace. Our highest priority will always be to protect physicians in Texas.

About Business Objects

Business Objects is the world's leading business intelligence (BI) software company. Business intelligence enables organizations to track, understand, and manage enterprise performance. The company's solutions leverage the information that is stored in an array of corporate databases, enterprise resource planning (ERP), and customer relationship management (CRM) systems.

Popular uses of BI include enterprise reporting, management dashboards and scorecards, customer intelligence applications, financial reporting, and both customer and partner extranets. These solutions enable companies to gain visibility into their business, acquire and retain profitable customers, reduce costs, optimize the supply chain, increase productivity, and improve financial performance.

In December 2003, Business Objects completed the acquisition of Crystal Decisions, the leader in enterprise reporting. The combined product line includes software for reporting, query and analysis, performance management, analytic applications, and data integration. In addition, Business Objects offers consulting and education services to help customers effectively deploy their business intelligence projects.

Business Objects has more than 24,000 customers in over 80 countries. The company's stock is traded under the ticker symbols NASDAQ: BOBJ and Euronext Paris (ISIN: FR0004026250 - BOB). It is included in the SBF 120 and IT CAC 50 French stock market indexes. Business Objects can be reached at 408-953-6000 and http://www.businessobjects.com.

Business Objects, the Business Objects logo, Crystal Reports, and Crystal Enterprise are trademarks or registered trademarks of Business Objects SA or its affiliated companies in the United States and other countries.