AdminServer Appoints Bruce Torok to Spearhead UVServer Product Initiative.

CHESTER, Pa. -- AdminServer, Inc., announced the appointment of Bruce Torok as VP of New Products and Services, including AdminServer's UVServer solution, the industry's premier fully automated fund management accounting system. In his new position, Bruce will have responsibility for all aspects of management development, delivery, implementation and support of AdminServer's UVServer product and related services.

With over two decades of experience in the financial services industry, Bruce brings an impressive breadth and depth of knowledge to the AdminServer organization. His previous experience includes co-founding DataExecutives International, Inc.(DEI), a software solution and consulting services vendor to the insurance market. In addition to his responsibilities of managing all DEI operations, Bruce also provided technical and business consulting services to DEI insurer clients. Most recently, Bruce was the Insurance Practice Head for NIIT Technologies, Inc. Early in his career, Bruce held technical positions with EDS, Philadelphia Life Insurance Co. and Informatics, Inc.

"I am excited to be part of the AdminServer team, especially the UVServer team. Although still a relatively young company, AdminServer has made a great name for itself with a client list that represents the Who's Who in our industry," said Bruce Torok. "I look forward to applying my experience along with the people, expertise and technology of AdminServer as I work to expand UVServer's market presence. It's a very unique product and one that makes the 'sky the limit' for insurers when it comes to complex equity-based products."

"Bruce is a tremendous asset to our team and we're pleased with his decision to join AdminServer. His knowledge of the industry, consistent success, and proven skills make up the ideal combination we look for in members of our management team," stated Chris Doggett, AdminServer's CEO. "We've always had a big picture view of the industry and with our web-based annuity and life administration system now well into production at many insurers and maturing nicely, we are expanding our focus to new product areas like UVServer, as well as continuing to establish the right industry linkages."

About UVServer

UVServer is a breakthrough for those insurers looking to offer more complex and flexible equity-based annuity and life products. The system is a fully automated fund management and accounting system for unit value pricing. It automatically calculates, reports, and proactively manages all information to enable insurers to quickly, easily and accurately convert Net Asset Values (NAVs) to Unit Values (UVs), as well as calculate and report on all aspects of the backend trading activities associated with fund management.

About AdminServer, Inc.

AdminServer, Inc. is a premier solutions provider for the insurance community. AdminServer has been delivering administrative system solutions, web services, and consulting since 1998. AdminServer continues to specialize in fixed and variable annuities, pensions, immediate annuities, life insurance, and reinsurance. Currently AdminServer offers the only annuity, health, life insurance, and reinsurance administration system designed specifically as a web application employing IBM's J2EE and Microsoft's .NET strategies and technologies. Additionally, AdminServer has expanded their product offerings to include UVServer, an automated fund management and accounting system.

To learn more about AdminServer products and services, call 610-619-3100, e-mail [e-mail], or visit the website at www.AdminServer.com.