Archer Daniels Midland Selects TrackCertsNow For Insurance Certificate Tracking Solution.

Business Editors

SAN DIEGO--(BUSINESS WIRE)--Dec. 13, 2002

ConfirmNet Corporation, the leading supplier of online solutions for insurance certificate management, has been selected by Archer Daniels Midland Company to deploy TrackCertsNow as its application for validating and managing incoming certificates.

ADM, one of the world's largest grain and materials processors, will have the capability to confirm insurance coverage compliance of subcontractors, vendors and suppliers across numerous locations, anytime and anywhere, without handling the deluge of paper typically associated with this process. "ConfirmNet offers ADM the control of the certificate-tracking process we wanted while eliminating the tremendous amount of paperwork necessary to follow up on the thousands of local vendors, suppliers and contractors we use every day," said Michael Lusk, Corporate Vice President of Insurance.

Mark Oemcke, ConfirmNet's President and CEO, said, "For years risk managers have struggled to comply with insuring agreements, chasing down business partners for insurance paperwork. TrackCertsNow was crafted to handle exactly the sort of paper-tracking issues faced by clients such as ADM every day. We're eager to begin helping ADM to wring out those costs."

Archer Daniels Midland Company (NYSE: ADM) is a world leader in agricultural processing. The Company is one of the world's largest processors of soybeans, corn, wheat and cocoa. ADM is also a leader in soy meal and oil, ethanol, high fructose corn syrup (HFCS) and flour. In addition, ADM is building a position in such value-added products as specialty food ingredients, bioproducts and nutraceuticals (such as Vitamin E and sterols). Headquartered in Decatur, Ill., ADM has more than 24,000 employees, 260 processing plants and net sales for the fiscal year ended June 30, 2002, of $22.6 billion. Additional information can be found on ADM's web site at www.admworld.com.

Based in San Diego, ConfirmNet provides a suite of services designed to meet all the needs of those managing certificates of insurance. ConfirmNet has developed three web-based applications: CertificatesNow, the primary online engine for delivering certificates of insurance; Carrier Reporting, which allows insurance carriers to audit and measure risks by accessing certificates that reference their organization; and TrackCertsNow, ConfirmNet's newest addition allowing those who receive certificates of insurance the ability to request, validate, track, organize, store and provide in-depth reporting for all certificates. These services shape an expanded vision to make certificate management easier, more accurate and less expensive for everyone: insurance carriers, agents, brokers, insureds, and certificate-holders.

For more information, visit www.confirmnet.com or call [phone].