McCamish Systems Announces
Warren L. Reynolds Joins as a Strategic Technology Consultant

ATLANTA--(BUSINESS WIRE)--April 14, 2003--McCamish Systems is pleased to announce that Warren L. Reynolds has recently joined the company as a Strategic Technology Consultant. Warren's career has included more than 30 years of experience in the insurance industry, having held CIO positions in leading insurance companies such as Jefferson Pilot, Chubb Life and Allianz. The scope of his insurance operations knowledge also includes being responsible for Client Services and Account Management for a leading software vendor.

"Warren is well known in the insurance industry as an innovative IT executive. His CIO background and breadth 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 Warren has agreed to work with us," said David Kerford, Vice President of Sales and Marketing at McCamish.

Mr. Reynolds stated, "I am excited about being able to work with McCamish Systems, where personal integrity and quality of service are the primary drivers as we seek to deliver results which exceed our clients' expectations."

Warren's experience includes the design, development and implementation of a broad range of systems and process improvements including major administration systems. He has also contributed to the life insurance industry by holding leadership positions in LOMA, ASM and IASA.

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, which are scalable, feature rich and flexible enough to be customized to suit unique client requirements. McCamish provides its solutions in BPO (Business Process Outsourcing), Remote or License environments.

McCamish is currently providing administration solutions for five of the ten largest life insurers in the country and one of the top five banks.

McCamish Systems is known particularly for its ability to help carriers and distributors introduce new products to market rapidly and economically. By coordinating McCamish Systems actuarial staff expertise, VPAS® Life and a structured product rollout methodology, McCamish provides the fastest, most economical new product introduction in the marketplace.

VPAS® Life supports administration of variable and fixed annuities, (non-qualified and qualified (IRA, SEP, 403(b), 457)), and variable and fixed universal life, across a myriad of markets including but not limited to individual, corporate and bank-owned and high net worth markets. VPAS® Benefit Plan Administration provides record keeping capabilities for non-qualified deferred compensation and defined benefit plans. All VPAS® products are Internet enabled, so that clients, sponsors, brokers, agents and participants have access to policy and plan information.

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.

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For more information about McCamish Systems, please contact our Sales & Marketing group at Solutions@McCamish.com or call 800.366.0819.