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Xpedior Awarded $1.6 Million Contract with Allstate Insurance; Xpedior to Develop a Project Management Intranet Application For Property and Casualty.


Business Editors

CHICAGO--(BUSINESS WIRE)--April 24, 2000

Xpedior Xpedior was a dot-com company that was created in the mid 1990's as a spin-off of regional eBusiness consulting firms. (TM) Incorporated, (Nasdaq:XPDR XPDR Transponder
XPDR explosé de rire
), a leading provider of eBusiness See e-business.  solutions, is helping Allstate This article is about the American insurance company. For the line of automobiles, see Allstate (automobile).

The Allstate Corporation NYSE: ALL is the largest publicly held personal lines insurer in the United States.
 Insurance Company, one of the largest Property & Casualty insurance providers in the U.S., develop an Intranet application to better manage projects within its Property and Casualty organization.

As the insurance industry becomes increasingly competitive and fast-paced, Allstate saw an opportunity to improve its efficiency and management of projects by replacing its traditional manual, paper-based project management system with an Intranet-based tool.

Xpedior has been awarded the contract to develop this Intranet application for Allstate's Property and Casualty organization. The tool will bring enhanced project reporting, automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle.  and knowledge sharing capabilities to the organization, helping it to improve quality, efficiency, and project management accountability.

"We have revised and refined our project management processes over the past year to incorporate considerable rigor rigor /rig·or/ (rig´er) [L.] chill; rigidity.

rigor mor´tis  the stiffening of a dead body accompanying depletion of adenosine triphosphate in the muscle fibers.
, which has yielded improved quality and, in turn, increased capacity. We were very pleased with the results and are now looking to bring technology to bear on those processes for even greater gains," said Andy Rieder, Allstate's Assistant Vice President - Compliance. "We began working with Xpedior in late 1999 to analyze our new business processes and design an Intranet solution that would support the process and our people. The collaborative capabilities we'll have in the new environment will accelerate our projects and improve quality at the same time. Xpedior has been commissioned to develop the new system, which is expected to be delivered in October, 2000."

The Intranet application will be available to the P & C division of Allstate and will manage all Discretionary, Maintenance and Compliance projects, which are projected to be approximately 2,000 annually.

"Large companies are increasingly using Intranet-based applications to improve and manage internal processes," said Cindy Pogrund, vice president of Xpedior Midwest. "The Intranet application we're developing for Allstate is a prime example of how new technologies enable efficiency, speed and communication gains in existing processes. The tool will provide vast project tracking and reporting improvements enabling Allstate to maintain a competitive edge. Xpedior's Intranet development experience coupled with our proven track record in insurance/financial services uniquely positions us to build an application that best meets Allstate's full business process needs."

About The Allstate Corporation

The Allstate Corporation is the nation's largest publicly held personal lines insurance company. Its main business units include Allstate Personal Property and Casualty, which provides insurance for more than 14 million households and has approximately 15,500 agents in the U.S. and Canada, and Allstate Life and Savings, which markets a number of life insurance and savings products under a variety of brands through a number of channels and is currently the nation's 17th largest life insurance business. The Company's Independent Agency Markets unit sells personal property and casualty insurance through a network of 21,000 independent agencies across the country. Allstate maintains a website at www.allstate.com.

About Xpedior

Xpedior Incorporated (Nasdaq: XPDR), provides innovative, comprehensive eBusiness solutions for Global 2000 companies, government, and emerging digital businesses. Xpedior helps its clients imagine new eBusiness capabilities, then delivers the reliable, scalable end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved.

Compare: turn-key solution.
 needed to bring them rapidly to market. The company, headquartered in Chicago, has approximately 1,500 employees located in 15 offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the United Kingdom, Canada, and Australia. Visit Xpedior at www.xpedior.com or call 1-877-XPEDIOR.

NOTE:

Xpedior is a trademark of Xpedior Incorporated. All other trademarks are properties of their respective owners. This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 within the meaning of the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 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. In particular, statements regarding expected revenues from the Allstate engagement and the prospect for additional projects similar to the Allstate engagement are based upon management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the preceding forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements the Allstate project may not be completed within the timeframes expected by management, and Allstate may require changes in the scope of the project which could affect the benefits Xpedior expects to obtain from its performance of the project. In addition, Xpedior encourages you to review the company's latest reports filed with the SEC, including Xpedior's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 filed with the SEC on March 30, 2000, which describe a number of additional risks and uncertainties that could cause actual results to vary materially from those expected in the forward-looking statements made in this press release.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 24, 2000
Words:773
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