IASA and InsureWorx Join Forces to Offer Insurance Technology Education.

ANAHEIM, Calif. -- Program designed to develop and deliver specialized technology education for IASA member companies

At the 77th Annual IASA Educational Conference and Business Show, InsureWorx and IASA announced that they have joined forces to launch a new initiative to develop and deliver a specialized insurance technology program for IASA member companies. This IASA technology initiative will be kicked off with a series of InsureWorx sponsored Webinars to provide in depth presentations and discussions on critical topics currently impacting insurance company information technology departments.

Joe Pomilia, IASA Executive Director noted, "We are pleased to introduce this new and aggressive technology education program. And, we are grateful for the support of InsureWorx as we launch the technology Webinar series. We have always strived to offer our member companies the very best in insurance industry related education. With an even greater focus on technology education, we are well on our way to becoming a primary source for technical information in our industry."

Gary Sherne, President and CEO of InsureWorx, commented, "InsureWorx has long been committed to furthering technology awareness and adoption in the insurance industry. While we have been an active IASA member, we knew we had more to offer and believed that sharing our experience and our expert resources is part of our responsibility to the industry. The more aware and knowledgeable IASA member companies are about new and emerging technologies, the better prepared they will be to embrace and leverage these technologies in their business. And, when technology is effectively implemented, everyone benefits, including insurers, technology vendors, distribution channels and, ultimately, the insured."

Mr. Pomilia added, "While InsureWorx is the first to come forward and support our new technology education program, we look forward to expanding with other insurer member companies and insurance technology vendors. With this collaborative approach we look forward to delivering exemplary insurance technology education to enable the insurance industry to be recognized as a technology innovator and leader - a technology role model for other industries."

About IASA

The Insurance Accounting & Systems Association, Inc. (IASA) is a non-profit, education association that strives to enhance the knowledge of insurance industry professionals, and participants from similar organizations closely allied with the insurance industry by facilitating the exchange of ideas and information. IASA is the insurance industry's largest, and most well represented trade association. IASA membership includes insurance companies of all types (Property & Casualty, Life, Health, Fraternal, HMO and others) as members, as well as companies serving the insurance industry, regulators and also organizations more broadly representative of the financial services industry, including banks and investment brokerage firms. Learn more about the IASA by visiting our website at www.iasa.org or by calling [phone].

About InsureWorx, Inc.

InsureWorx, located in the San Francisco Bay Area, (Emeryville) California and Denver, Colorado, is a leading provider of modular software solutions to the insurance industry and an industry leader in legacy replacement, Web technologies. The flagship PowerComp product line includes core-processing solutions for Commercial Property & Casualty and Group Disability and Life covering claims, billing, underwriting and policy administration as well as tactical applications including Web-bill, (electronic bill presentment and payment), FROI (first report of injury) and Certs (Certificate of Insurance). For additional information on InsureWorx, please visit www.insureworx.com, or call 800.785.4526.

Safe Harbor and Forward-Looking Statements 

PowerComp and InsureWorx are trademarks of InsureWorx, Inc. This press release contains various forward-looking statements and information that are based on InsureWorx management's beliefs, as well as assumptions made by and information currently available to management. InsureWorx has tried to identify such forward looking statements by use of such words as "will," "expects," "intends," "anticipates," "plans," "believes" and similar expressions, but these words are not the exclusive means of identifying such statements. Such statements are subject to various risks, uncertainties and other factors which could cause actual results to vary materially from those expressed in, or implied by, the forward looking statements. Such risks, uncertainties and other factors include the extent to which other new products and services can be successfully developed and marketed, the risks associated with any future acquisitions, and integrating recently completed acquisitions, InsureWorx' ability to continue to develop new products to effectively address market needs in an industry characterized by rapid technological change, InsureWorx' ability to raise additional capital to finance future acquisitions and meet other funding needs, InsureWorx' dependence on customers, InsureWorx' dependence on the insurance industry, the highly competitive and rapidly changing automation systems market, InsureWorx' ability to effectively protect its applications software and other proprietary information, InsureWorx' ability to attract and retain quality management, and software, technical sales and other personnel, the possible effects of insurance regulation on InsureWorx, the possible effects of the Securities and Exchange Commission's investigation of InsureWorx' financial reporting, and possible future terrorist attacks or acts of war. Except as expressly required by the federal securities laws, InsureWorx undertakes no obligation to update any such factors or any of the forward-looking statements contained herein to reflect changed circumstances or future events or developments or for any other reason.