Cover-All Technologies Inc. Named One of New Jersey's Fastest Growing Technology Companies For Second Year.

FAIR LAWN, N.J.--(BUSINESS WIRE)--Aug. 25, 1999--

Cover-All Technologies Inc. (CTI), (NASDAQ: COVR)(PHLX: CVA), a leading software developer of systems for the insurance industry, was again recognized as one of New Jersey's fastest growing technology companies at the 1999 New Jersey Technology Fast 50 awards event held at the Sheraton at Woodbridge Place in Iselin, NJ. A five-year revenue growth of 537 percent put CTI on the Fast 50 list, which is an annual awards program ranking public and private technology companies in New Jersey by five-year revenue growth.

The 1999 New Jersey Technology Fast 50 Program is sponsored by Deloitte & Touche LLP in association with First Union National Bank, NASDAQ/AMEX, New Jersey Technology Council, Regional Business Partnership, and University Heights Science Park.

According to Brian Magowan, Chairman and Chief Executive Officer of CTI, "The Company is honored to be recognized for the second year in a row as one of the fastest growing New Jersey-based technology companies. Our continued emphasis is on providing quality software products and excellent service to our customers. Recognizing the impact of the Internet on today's business as well as tomorrow's horizons, we formed an Internet business unit to further the vision for our products as well as renew the commitment to our customers to provide a path for their strategic business growth."

The 1999 New Jersey Technology Fast 50 distinguishes companies and employees as leading examples of innovation, teamwork, perseverance, courage and vision - all in the context of the global technology economy that has accelerated the pace of change. Fast 50 companies must have more than doubled their revenues over the five year period for 1994 to 1998, with 1994 revenues of at least $50,000; must be US companies developing and/or providing technology products or services; and must have been in business for at least five years. CTI is also eligible to compete in the "National Technology Fast 500," also sponsored by Deloitte & Touche, ranking the nation's 500 fastest growing technology companies.

CTI specializes in providing systems for the property and casualty insurance industry. CTI's Classic EXPRESSion(TM) is a GUI/Windows-based, client/server system designed for rating and issuance of all commercial lines of business. It provides full support for ISO and NCCI rates, rules and forms. iClassic(TM) is the Web-enabling option for the system. Based on the Oracle(R) relational database and client/server architecture, TAS200(TM) is a multi-modular Total Administrative System. Modules include client management, policy administration, agency profile management, claims administration, billing management, statistical reporting and a general ledger interface.

Utilizing the latest software technology, CTI specializes in providing internet-enabled strategic policy and premium software solutions to the property and casualty insurance industry. CTI is based in Fair Lawn, New Jersey. More information may be obtained from CTI's web site at www.cover-all.com.

Statements in this press release, other than statements of historical information are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks which may cause CTI's actual results in future periods to differ materially from expected results. Those risks include, among others, risks associated with increased competition, customer decisions, delays in productivity programs and new product introductions, and other business factors beyond CTI's control. Those and other risks are described in CTI's filings with the Securities and Exchange Commission (SEC) over the last 12 months, copies of which are available from the SEC or may be obtained upon request from CTI.