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CONTINUUM ANNOUNCES COLOSSUS SALE

 AUSTIN, Texas, July 1 /PRNewswire/ -- The Continuum Company, Inc. (NYSE: CNU) announced that American States Insurance Company, Indianapolis, Ind., has purchased a license to use Continuum's COLOSSUS(TM) software system. Continuum will recognize in excess of $1 million in license revenue from the sale in the quarter ending June 30, 1993, in addition to substantial maintenance and support revenues over the next five years.
 COLOSSUS is Continuum's expert system for evaluating bodily injury insurance claims. The product, one of the largest knowledge-based systems in production use, guides claims adjusters through the evaluation process and provides a repository of insurance, medical and legal expertise.
 American States Insurance Company is a part of Lincoln National Corporation, one of the nation's leading insurance and investment companies. In 1992, the American States multiple line property/casualty companies recorded $1.9 billion of net written premium.
 American States plans to quickly employ COLOSSUS in all its U.S. offices. Ralph Morris, senior vice president of claims at American States, says, "American States expects that COLOSSUS will enable it to be more consistent and disciplined in the process of settling bodily injury claims."
 "American States is well respected as an efficiently run company and a leader in the use of technology," says W. Michael Long, Continuum's chief executive officer. "Its selection of COLOSSUS demonstrates increasing acceptance of the product in the United States market."
 The Continuum Company, Inc. is an international consulting and computer services firm based in Austin, Texas, serving the needs of life insurance, property and casualty insurance and other financial services companies for computer software and services.
 -0- 7/01/93
 /CONTACT: John L. Westermann III of The Continuum Company, Inc., 512-345-5700/
 (CNU) CO: Continuum Company, Inc. ST: Texas, Indiana IN: CPR SU:


MP-MG -- NY065 -- 7752 07/01/93 12:50 EDT
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Publication:PR Newswire
Date:Jul 1, 1993
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