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CONTINUUM ANNOUNCES COGEN SALE

 AUSTIN, Texas, Sept. 30 /PRNewswire/ -- The Continuum Company, Inc. (NYSE: CNU) announced that the Viking Insurance Company of Wisconsin, Madison, Wis., has purchased a license to use Continuum's COGEN(TM) software system. Continuum will recognize license revenue, maintenance fees and service revenue in excess of $3,400,000 over the next five years.
 COGEN is Continuum's property and casualty administrative system. COGEN combines comprehensive insurance processing with an advanced technical architecture to provide a powerful solution for property and casualty lines of business. In addition to the COGEN products, Viking has also acquired the Business Process Management (BPM) and Continuum Workstation (CWP) tools.
 Viking Insurance Company is primarily a nonstandard auto writer with premium income of $205,000,000 in 1992. They write business in 29 states with 40 percent of their business in California.
 Chuck Ruzicka, vice president and chief information officer of Viking Insurance Company, stated, "We are very excited about the agreement that we have entered into with Continuum. We believe that our re-engineered work flows and the COGEN system will give Viking a significant competitive advantage. This partnership is an integral part of our strategy to become the premier writer of specialty automobile insurance."
 W. Michael Long, chief executive officer of Continuum, noted, "Continuum looks forward to a productive partnership with Viking. Over the last two years, our COGEN product has increasingly become the industry preferred solution for property and casualty companies."
 The Continuum Company, Inc. is an international consulting and computer services firm based in Austin, Texas, serving the needs of life insurance, property and casualty insurance and other financial services companies for computer software and services.
 -0- 9/30/93
 /CONTACT: John L. Westermann III of The Continuum Company, Inc., 512-345-5700/
 (CNU)


CO: The Continuum Company, Inc. ST: Texas IN: CPR SU:

SM -- NY130 -- 7578 09/30/93 19:27 EDT
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Publication:PR Newswire
Date:Sep 30, 1993
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