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THE CONTINUUM COMPANY, INC. ANNOUNCES COGEN SALE IN FRANCE

 AUSTIN, Texas, Dec. 15 /PRNewswire/ -- The Continuum Company, Inc. (NYSE: CNU) announced that it has signed a contract with La Garantie Mutuelle des Fonctionnaires (GMF), an insurance concern based in Paris, to provide GMF with Continuum's COGEN(TM) and CABS(TM) software systems.
 Continuum will recognize approximately $2 million in license revenue from the contract in the quarter ending Dec. 31, 1992. Continuum also expects to receive significant service revenue from the contract over the next 14 months, and $2,300,000 in software maintenance fees over the next five years.
 GMF, one of the 10 largest insurance companies in France, will use COGEN and CABS to administer its extensive property and casualty insurance business.
 W. Michael Long, chief executive officer of Continuum, commented "This important contract adds a major new business partner to Continuum and significantly increases our presence in the French insurance market. We are pleased that GMF has selected Continuum's insurance and technology platform for the administration of its business."
 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- 12/15/92
 /CONTACT: John L. Westermann III for The Continuum Company, Inc., 512-345-5700/
 (CNU)


CO: Continuum Company, Inc. ST: Texas IN: CPR SU: CON

LR -- NY060 -- 7291 12/15/92 14:35 EST
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Date:Dec 15, 1992
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