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ITC Acquires Insurance Website Builder

Insurance Technologies Corporation (ITC), a leading provider of insurance rating and management software, acquired the Insurance Website Builder web application from Addison-based Evolution Designs, an information technology company providing consulting and innovative software solutions for the insurance industry. The acquisition of the Insurance Website Builder system strengthens Insurance Technologies Corporation's position as a leader in providing innovative insurance solutions.


Carrollton, Texas – Monday, January 28, 2008 – Insurance Technologies Corporation (ITC), a leading provider of insurance rating and management software, acquired the Insurance Website Builder web application from Addison-based Evolution Designs, an information technology company providing consulting and innovative software solutions for the insurance industry. The acquisition of the Insurance Website Builder system strengthens Insurance Technologies Corporation's position as a leader in providing innovative insurance solutions.

"The Insurance Website Builder product is a perfect compliment to our existing product line," said Scott Upfield, chief executive officer of Insurance Technologies Corporation. "By leveraging the power of Evolution Designs' website development product with our eTurborater online rating engine we can provide a complete e-commerce solution to independent agents."

"With the integration of ITC's online rating engine and agency management system into the Insurance Website Builder, independent insurance agents can have an online presence that rivals the largest carriers," said Laird Rixford, owner of Evolution Designs. "Over the next few years the need for agencies to have an online presence will grow. When you couple the combination of Insurance Technologies Corporation's track record of providing quality products with the complete website solution offered by the Insurance Website Builder, the goal of an effective presence is achievable."

Mr. Rixford has been named Vice President of Product Development of Insurance Technologies. Mr. Rixford will oversee the integration of the Insurance Website Builder product into Insurance Technologies Corporation's existing suite of products.

Insurance Technologies Corporation will also acquire Evolution Designs' technology support service agreements with existing insurance related companies throughout the United States.

About Insurance Website Builder

The Insurance Website Builder product allows agents the ability to build and maintain a fully featured agency website. Agents using the Insurance Website Builder system have access to over seventy-five different quote request and customer service forms available for use upon their agency's website. Forms cover a broad spectrum of insurance lines including; Property and Casualty, Life, Annuities and Health.

www.GetITC.com/products/websites

About ITC

Insurance Technologies Corporation is a leading provider of insurance rating and management software to the insurance industry. Founded in 1983 and operating nationwide, ITC has quickly grown with a philosophy of providing quality solutions. Currently Insurance Technologies Corporation serves more than one-hundred insurance companies and over five-thousand agencies.

www.GetITC.com

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