CNA Insurance selects MAXIMIS system from Premier Solutions.

MALVERN, Pa.--(BUSINESS WIRE)--April 4, 1995--Premier Solutions Ltd. and CNA Insurance Tuesday announced that CNA has chosen Premier's MAXIMIS system to support its investment accounting operations, as well as its statutory and investment reporting requirements.

Dan Fitzgerald, director of asset management systems at CNA, said, "MAXIMIS provides CNA with a solid foundation for our investment accounting environment. The strength of MAXIMIS' architecture combined with Premier's plan for future growth of the system make it a sound choice for CNA."

Jay Mossman, president and chief executive officer of Premier Solutions, said, "The signing of CNA as a client partner is a significant milestone for our company. CNA joins our blue-chip client base, which now includes nine of the top 25 insurance companies in North America.

"We are very excited that CNA has chosen MAXIMIS as the platform for its investment accounting operations and we look forward to a long-term partnership with this world-class organization."

Premier Solutions Ltd. is a leading supplier of asset management solutions and services to prominent financial institutions worldwide. The company offers two powerful and industry-proven product lines: MAXIMIS and GLOBAL-PLUS.

MAXIMIS is targeted at the world's preeminent institutions in the asset management industry, including insurance firms, investment advisors, pension funds and bank capital markets. Its comprehensive and innovative design surpasses other systems to provide maximum functionality and data accessibility for a broad range of investment disciplines.

GLOBAL-PLUS is the system of choice to meet the trust accounting and securities processing needs of top financial institutions. Fifteen of the top 100 banks in the world use GLOBAL-PLUS as the asset management and accounting platform for managing their trust, private banking, and domestic and global custody businesses.

GLOBAL-PLUS is an integrated multi-currency, accrual-based system that operates on-line, and in real-time.

Premier Solutions Ltd. is a Safeguard Scientifics Inc. (NYSE:SFE) partnership company. Safeguard is a unique partnership of entrepreneurial companies focused on the information technology market. Other Safeguard Scientifics partnership companies include Cambridge Technology Partners, CompuCom Systems Inc., Coherent Communications Systems Corp. and Sanchez Computer Associates. -0- NOTE TO EDITORS: GLOBAL-PLUS and MAXIMIS are registered trademarks of Premier Solutions Ltd.

CONTACT: Premier Solutions, Malvern

Douglas S. Clauson, 610/251-6622

or

CNA Insurance Companies, Chicago

Bill Shaffer, 312/822-4195