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PMSC AND AT&T/NCR SIGN OPEN SYSTEMS AGREEMENT

 COLUMBIA, S.C., Jan. 10 /PRNewswire/ -- AT&T/NCR (NYSE: T) and Policy Management Systems Corporation (NYSE: PMS) ("PMSC"), a worldwide leader of software solutions and services for the insurance industry, announced today that they have formed a strategic alliance as part of their joint commitment to the insurance industry.
 Under the terms of the technology and marketing agreement, PMSC and AT&T/NCR will jointly market PMSC's Series III systems worldwide to insurance companies implementing NCR's UNIX-based solutions. AT&T/NCR has provided a full range of scalable platforms to PMSC. In addition, AT&T/NCR has made a multimillion dollar commitment to support the marketing of the Series III software and to fund the conversion of the Series III host-associated software to NCR's UNIX-based platforms. The agreement is initially focused on the property and casualty sector of the insurance industry.
 "This new alliance with AT&T/NCR will strengthen our ability to respond to the needs of our customers," said David T. Bailey, PMSC executive vice president. "There are emerging trends that are occurring in the insurance industry. Computing and communications technologies are moving closer together, and customers are beginning to demand the benefits offered through moving to open systems. AT&T has always played a major role in the communications segment of the insurance industry and has a long-standing relationship with PMSC. AT&T's acquisition of NCR, a leader in open systems computing, allows us to respond to these trends and meet the broader needs of the insurance industry."
 The alliance with PMSC will enable AT&T/NCR to bring a total solutions offering to the insurance industry.
 "We are excited about this partnership," said Ray Carlin, vice president, NCR Worldwide Industry Marketing. "The marriage of our product offerings to PMSC's industry-leading solutions and insurance expertise will delight our property and casualty insurance customers with complete solutions that offer greater flexibility in addressing business needs."
 The value of this new alliance is already being felt in the insurance industry. Carolyn Boyle, senior vice president, CNA Insurance Companies, said, "We at CNA are working with PMSC and AT&T/NCR, and their new alliance will enable us to benefit from the strengths of both organizations and give us an opportunity to take advantage of an open systems environment. We are particularly excited about AT&T/NCR's ability to deliver massively parallel systems today. The price/performance and scalability of AT&T/NCR's platform and PMSC's state-of-the-art Series III applications are particularly attractive to CNA as we continue development of client/server computing."
 AT&T/NCR will become PMSC's strategic partner for Series III UNIX systems solutions. IBM remains PMSC's strategic partner for IBM architecture-based client/server solutions for the insurance industry, and PMSC will continue to development efforts for the UNIX versions of Series III will be provided by additional staff and are incremental to IBM-based projects.
 NCR, AT&T's computer company, brings computing and communications solutions together to provide people access to information and to each other, anytime and anywhere.
 PMSC, headquartered in Columbia, 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- 1/10/94
 /CONTACT: Jim O'Brien of Manning Selvage & Lee, 212-213-7005, or Chris Stellwag of NCR Corporation, 513-445-4178/
 (PMS T)


CO: American Telephone & Telegraph; Policy Management Systems Inc. ST: South Carolina IN: TLS INS SU:

TM -- NY089 -- 0704 01/10/94 16:30 EST
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Publication:PR Newswire
Date:Jan 10, 1994
Words:583
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