Cover-All Technologies Reports Increased Revenue, Reduced Loss from Operations for the Third Quarter Ended Sept. 30, 1997.

FAIR LAWN, N.J.--(BUSINESS WIRE)--Nov. 14, 1997--Cover-All Technologies Inc. (Nasdaq SmallCap Market - COVR and PHLX - CVA) today announced revenues and results for operations for the quarter ended Sept. 30, 1997.

Total revenues for the three months ended Sept. 30, 1997 were $2,058,206 compared to $1,052,458 in the same period in 1996. For the nine months ended Sept. 30, 1997, revenues were $4,279,120 as compared to $4,069,522 in the same period of 1996.

Net loss for the three months ended Sept. 30, 1997 was $(239,893) ($0.014 per share), compared to $(2,439,163)($0.146 per share), in the same quarter of 1996. The net loss for the nine months ended Sept. 30, 1997 and 1996 was $(2,836,336)($0.170 per share) and $(4,517,635)($0.317 per share), respectively.

In March 1996, Cover All Technologies Inc. (the "Company") entered into a series of agreements which provided for the transfer and discontinuance of its Insurance Services Division ("ISD") operations and the issuance of the Company's Common Stock and Warrants to certain customers of the ISD business in exchange for the release of the Company from its obligations to provide insurance services to ISD customers and to The Robert Plan Corp. Effective March 1, 1996, the Company had discontinued providing insurance processing services to the automobile insurance industry. A provision for estimated ISD losses in 1996 prior to the March 1 effective date of settlement was provided for in 1995. A loss of $392,872 for discontinued operations was recorded in the three and nine month periods ended Sept. 30, 1996 as a result of the change in the loss adjustment expense accrual.

Brian Magowan, Chairman and Chief Executive Officer of the Company, stated that, "These results, which represent the second quarterly report since the present management took control of the Company in March of this year, show a 54% increase in third quarter revenue as compared to the second quarter of this year. Several recently announced contracts will enable the Company to sustain revenue growth rate and the Company hopes to achieve profitability in the fourth quarter. Our recent successes in the marketplace have confirmed our view that the year 2000 issue will drive customers' investment decisions in the months ahead. Prospects are good for continued revenue growth and improved earnings throughout 1998."

This press release contains forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act) which are subject to the occurrence of certain contingencies which may not occur in the time frames anticipated or otherwise, and, as a result, could cause actual results to differ materially from such statements. The Company's outlook for fiscal 1997, including expected changes in revenues, earnings, margins, and sales mix, is based on recent buying trends, continued improvements in operations and the anticipation of new products being introduced on schedule. All of these factors might be affected by increased competition, customer decisions, delays in productivity programs and new product introductions, and other business factors beyond the Company's control.

Cover-All Technologies Inc. is a provider of computer software for the insurance industry, specializing in rapid applications development tools and the delivery of mission critical software solutions for property and casualty policy administration. The Company's object-oriented software products utilize Oracle's client-server, relational database technology. -0-

The following is a summary of operating highlights for the three
and nine months ended Sept. 30, 1997 and 1996:

          Cover-All Technologies Inc. and Subsidiaries
                       Operating Highlights

                        Three Months Ended        Nine Months Ended
                          September 30,              September 30,
                       1997           1996       1997           1996

Revenues:

Licenses             $994,203       $ 27,941   $1,480,711    $  735,183
Maintenance           674,397        490,908    1,889,575     1,526,345
Professional
 Services             389,606        533,609      908,834     1,807,994

Total Revenues      2,058,206      1,052,458    4,279,120     4,069,522

Costs and Expenses:
Cost of Sales       1,030,003        863,223    3,579,068     2,253,849
Research and
 Development             --          676,388        --        2,379,421
Sales and Marketing   540,850        489,155    1,349,320       810,891
General and
 Administrative       727,246      1,069,983    2,187,068     2,750,124

Total Costs and
 Expenses           2,298,099      3,098,749    7,115,456     8,194,285

Loss from Continuing
 Operations          (239,893)    (2,046,291)  (2,836,336)   (4,124,763)
Loss from Discontinued
 Operations              --         (392,872)        --        (392,872)

Net Loss          $  (239,893)   $(2,439,163) $(2,836,336)  $(4,517,635)

Loss Per Share
 from Continuing
 Operations       $    (0.014)   $    (0.122) $    (0.170)  $    (0.289)

Net Loss Per
 Share            $    (0.014)   $    (0.146) $    (0.170)  $    (0.317)

Weighted Average
 Number of Common
 Shares Outstanding 16,720,901     16,716,700   16,719,731    14,248,605

CONTACT: Cover-All Technologies Inc.

Brian Magowan, 201/794-4800