AdminServer Recognized by Inc. Magazine as One of America's Fastest Growing Private Companies.

CHESTER, Pa. -- AdminServer named to Inc Magazine's Inc. 500 List ...the only policy administration software company to make the list

AdminServer, Inc., joins an elite group of companies named to Inc. Magazine's list of America's fastest growing privately held companies. In the recently released 23rd annual Inc. 500, AdminServer earned a spot on the list at #203.

As the only policy administration software vendor named to the Inc. 500 list, AdminServer continues to make good on their promise to offer the insurance industry a new breed of software solutions - one that insurers have long waited for.

According to Chris Doggett, AdminServer's CEO, "We are extremely proud to be included in the Inc. 500 list and to be recognized among such a prestigious group of entrepreneurial organizations. We believe that this honor reflects our commitment to deliver high quality, high function and highly flexible software products to our clients in the insurance industry. I thank the entire AdminServer staff for their unwavering dedication to our clients, our products, and our services."

The Inc. 500 ranks privately held companies according to averaged year-over-year sales growth over the past four years. With approximately 75% of all new job creation in the U.S. coming from small businesses, the Inc. 500 is a prescient indicator of the companies and industries that are driving the economy forward. Eighty-five companies (17%) on this year's Inc. 500 say they plan to go public at some point. Over the years, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton Review, Morningstar, E* Trade, and Intuit all appearing on the list before they became industry powerhouses.

To be eligible for this year's Inc. 500, companies had to be independent and privately held through their fiscal year 2003, have had at least $200,000 in net sales in the base year of 1999 for Inc. 500 alumni and 2000 for new applicants, and $2 million in net sales for 2003. In addition, their 2003 sales had to exceed 2002 sales. Companies are ranked on averaged year-over-year sales growth. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.

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. Today AdminServer specializes in fixed and variable annuities, pensions, immediate annuities, and life insurance. Currently AdminServer offers the only annuity, health, and life insurance administration system designed specifically as a web application employing IBM's J2EE and Microsoft's .NET strategies and technologies.

To learn more about AdminServer products and services, please call 972.715.2028, e-mail [e-mail], or visit the website at www.AdminServer.com.