ChannelPoint Selects AlphaBlox Analysis Suite To Serve as Analytical Backbone for eCommerce Insurance Platform.

Business Editors/High Tech Writers

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 31, 2000

ChannelPoint Will Leverage Analysis Suite to Enhance eCommerce

Capabilities

AlphaBlox Corporation, provider of the industry's first open, Web based platform for delivering analytical applications that optimize eBusiness to business efficiency, today announced that ChannelPoint Inc., a leading eCommerce technology platform provider for insurance and benefits companies, has selected AlphaBlox Analysis Suite to augment their eCommerce exchange platform for insurance organizations. Analysis Suite will enable ChannelPoint to embed analytic capabilities, including targeted and personalized Web-based reporting and metrics, within the ChannelPoint solution.

&uot;Analysis Suite presents us with the opportunity to enhance the existing ChannelPoint eCommerce solutions by providing our end users with analytical insight into the transactions that have been generated by the ChannelPoint Internet exchange platform,&uot; said Frederick W. Rook, Ph.D., senior vice president of product development and operations at ChannelPoint. &uot;With AlphaBlox it is possible for us to expand our capabilities and maximize the value of our platform for the insurance industry.&uot;

Later this year ChannelPoint plans to integrate AlphaBlox reporting and analytic capabilities into the ChannelPoint Commerce Internet exchange platform, a business-to-business technology solution that enables insurance carriers, brokers and financial institutions to establish online marketplaces on the Web. The ChannelPoint Commerce exchange platform provides complete transaction capabilities as well as the ability to manage complex content about various policies and plans. ChannelPoint will use AlphaBlox Analysis Suite to embed analytics within the exchange platform. The analytics will be targeted to the needs of the various Web storefront sponsors and users; for example, insurance brokers will be able to analyze sales performance and activity, while carriers will be able to analyze policy sales by agents and regions. Information and analysis can be personalized to the individual user with no additional coding necessary. By delivering AlphaBlox reporting and analytic capabilities to users as part of the platform, ChannelPoint will empower users of the exchange platform to drive revenue and increase profitability.

After evaluating several alternatives, ChannelPoint chose AlphaBlox Analysis Suite to serve as the analytical backbone of their exchange platform. &uot;Only Analysis Suite provides us with a scalable solution that enables us to deliver robust, analytical capability to potentially thousands of users across the Internet,&uot; Rook said. &uot;Analysis Suite's open architecture allows us to integrate analytical capability anywhere in our exchange platform. We can provide specific analysis at the precise place in the workflow to enable users to make the right decisions.&uot;

&uot;ChannelPoint is an example of a visionary technology company that has identified a major eBusiness market opportunity brought forth by explosive growth of the Internet,&uot; said Polly Sumner, President and COO of AlphaBlox. &uot;We are excited to have them as a customer and partner; we are confident our solution will help ChannelPoint sustain market leadership by enhancing offerings to existing and future eBusiness markets.&uot;

About ChannelPoint

ChannelPoint is a leading eCommerce technology platform provider for insurance and benefits companies. The company's eCommerce solutions are designed to enable world-class insurance organizations to conduct business electronically with their distribution partners and customers through unique, Web-based buying, selling, and shopping environments. The ChannelPoint Internet exchange platform is designed to streamline distribution processes, increase sales and offer superior customer service. ChannelPoint is headquartered in Colorado Springs, Colorado. For more information, visit www.channelpoint.com.

About AlphaBlox

AlphaBlox Corporation provides the industry's only 100% Web-based platform for delivering analytical applications that optimize eBusiness efficiencies. With AlphaBlox, companies can share and analyze information with customers, partners, and suppliers to build eBusiness communities, foster more profitable eBusiness relationships, and improve business performance.

Leveraging AlphaBlox's unique &uot;building Blox(tm)&uot; approach customers and partners can quickly assemble and deploy a variety of customized analytical applications for measuring and improving eBusiness operations, financial performance, customer/product profitability, distribution channels, and the supply chain. Leading organizations, such as ChannelPoint, Deutsche Bank Securities, AT&, Pfizer Pharmaceuticals, Hewlett Packard and Toyota Motor Company rely on AlphaBlox solutions to turn their information assets into strategic advantage.

AlphaBlox is a trademark of AlphaBlox Corporation.