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PMSC NAMES TIM WILLIAMS AS CHIEF FINANCIAL OFFICER

 COLUMBIA, S.C., Jan. 5 /PRNewswire/ -- Policy Management Systems Corporation (PMSC) (NYSE: PMS) announced today that Timothy V. Williams has been named Executive Vice President and Chief Financial Officer. Williams, 44, joins PMSC from Holiday Inn Worldwide, where he was Executive Vice President, Corporate Services and Chief Financial Officer.
 "Tim Williams is an outstanding executive who brings broad financial experience to PMSC," said Larry Wilson, President and CEO of PMSC. "He has a solid track record, and we believe he will play an important role in helping PMSC resume its rapid worldwide growth."
 At Holiday Inn Worldwide, Williams supervised a staff of 325, with responsibility for worldwide financial reporting and controls, U.S. tax, treasury, internal audit, and related functions.
 "PMSC is a leader in its industry and is known for providing the best client service in the business," Mr. Williams said. "I am happy to be joining the company, particularly at a time when PMSC's technology offerings are so strong and its prospects for growth in areas such as life insurance and outsourcing look so attractive," Mr. Williams added.
 Williams began his career in 1971 with Price Waterhouse & Company and served as auditor, senior accountant, and audit manager before leaving in 1979 to join Holiday Inns Inc.
 Mr. Williams holds a Bachelor of Arts degree in Business Administration from the University of Northern Iowa and is a Certified Public Accountant (CPA).
 PMSC, headquartered in Columbia, South Carolina, has more than 4,400 employees worldwide and is a leading provider of application software, related automation support, and information services designed to meet the needs of the global insurance industry.
 -0- 1/5/94
 /CONTACT: Jim O'Brien of Manning, Selvage & Lee, 212-213-7005/
 (PMS)


CO: Policy Management Systems Corporation ST: South Carolina IN: CPR SU: PER

MP -- NY048 -- 9412 01/05/94 14:44 EST
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Publication:PR Newswire
Date:Jan 5, 1994
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