McCamish Systems Announces
David E. Ferguson Joins as a Strategic Technology Consultant

ATLANTA--(BUSINESS WIRE)--September 30, 2002--McCamish Systems is pleased to announce that David E. Ferguson has recently joined the company as a Strategic Technology Consultant. David has more than 30 years of experience in developing information and control systems for the insurance industry. The scope of his insurance operations knowledge includes life and annuities, as well as health and property/casualty.

"David understands the issues and needs of the insurance industry today in a way that few people can. His wealth of knowledge and experience, particularly with insurance systems for life and annuity products, will be of great benefit to McCamish Systems, as it continues to position itself as the premier provider of systems and services to the insurance marketplace. We are excited that David has agreed to work with us," said David Kerford, Vice President of Sales and Marketing at McCamish.

Mr. Ferguson stated, "I am very impressed with McCamish's technology, people and reputation for delivering quality service to its clients. I look forward to helping them continue and expand that tradition."

Over the past 20 years, Mr. Ferguson's experience has focused on the insurance industry either as the National Director of Insurance Industry Consulting with Ernst and Young or as an officer in various insurance companies performing business reengineering and developing systems.

Prior to joining McCamish, David served as Vice Chairman, Chief Technology and Chief Operating Officer for Inviva, Inc., a company which he helped found in 1999. He was Executive Vice President and CTO for ARM Financial Group, the holding company for Integrity Life Insurance and National Integrity Life Insurance companies. He holds several insurance and technology professional designations and a Bachelor of Industrial Engineering and a Master of Science from Georgia Institute of Technology.

McCamish Systems, L.L.C.

McCamish Systems' VPAS® (Variable Product Administration Systems) product family includes VPAS® Life and VPAS® Benefit Plan Administration as client/server based, relational database systems, that are scalable, feature rich and are flexible enough to be customized to suit unique client requirements. McCamish provides its solutions in BPO (Business Process Outsourcing), Remote or License environments.

VPAS® Life supports administration of variable and fixed annuities, 403(b), variable and fixed universal life, private placement products, and corporate and bank owned life insurance programs (COLI and BOLI). VPAS® Benefit Plan Administration provides record keeping capabilities for SERP, Split Dollar and other non-qualified benefit plans. All VPAS® products are Internet enabled, allowing clients, sponsors, brokers, agents and participants access to policy and plan information.

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McCamish Systems is a privately held company based in Atlanta, Georgia. For more information about McCamish Systems, please contact our Sales & Marketing group at Solutions@McCamish.com or call 800.366.0819.