Cover-All Technologies Selected by RSI Insurance Brokers, Inc.FAIR LAWN, N.J.--(BUSINESS WIRE)--June 14, 1999-- Cover-All Technologies Inc., CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :COVR)(PHLX PHLX See: Philadelphia Stock Exchange PHLX See Philadelphia Stock Exchange (PHLX). :CVA CVA abbr. cerebrovascular accident CVA, n See accident, cerebrovascular. CVA cerebrovascular accident. CVA Cerebrovascular accident, see there ) today announced that Santa Ana, California-based RSI (Repetitive Strain Injury) Ailments of the hands, neck, back and eyes due to computer use. The remedy for RSI is frequent breaks which should include stretching or yoga postures. Insurance Brokers Inc. has selected CTI to provide a full policy rating and issuance system for one of its affiliates. CTI's Classic EXPRESSion, is a Windows(R)-based 32-bit application that includes a graphical user interface graphical user interface (GUI) Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to (GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. ) and provides users with a familiar environment and Windows-standard tools. Classic EXPRESSion will be used by one of RSI's affiliates for processing Commercial Package Policy and Commercial Auto business lines in Nevada, Arizona and California. According to Ben Thomas, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. at RSI, "Cover-All was selected because it meets our present and future growth needs for policy issuance and rating. We look forward to enhanced program expansion and migration to the Internet to service the needs of our clients and brokers throughout the western states." The Classic EXPRESSion system utilizes a client/server architecture. It is compliant with Windows 95, 98 and WindowsNT operating systems and with Novell(R) and NT networks. The system can be interfaced with workflow management facilities, expert underwriting systems, information sources and other external products. The optional Oracle(R) relational database allows ad hoc querying of the data, providing management with timely information for making decisions. Future features in Classic EXPRESSion will allow print preview, e-mail and fax capabilities. RSI is a specialized agency working in target programs which include Garage, Used Car Dealer, Towing, Franchised New Car Dealers, Local Intermediate Trucking, Workers Compensation and Intermodal. Serving the western region, RSI is licensed in 28 states and is celebrating its tenth year in business. Utilizing the latest client-server relational database technology, Cover-All Technologies, Inc. specializes in providing strategic policy and premium software solutions to the property and casualty insurance industry. Cover-All is based in Fair Lawn, N.J. More information may be obtained from the company'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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements involve known and unknown risks which may cause the company'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 the company's control. Those and other risks are described in the company'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 the company. |
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