Press Release

Insurance Technologies LLC Appoints Alfredo L. Salas As Director Of Business Development, Latin American Region

August 24, 2006
Colorado Springs, CO

Veteran International Executive Brings Over 15 Years of Experience to Insurance Technologies LLC

COLORADO SPRINGS, CO (August 24, 2006) – Insurance Technologies LLC, the premier provider of point-of-sale management software for the financial services and brokerage industries, announces the appointment of Alfredo L. Salas to the new role of Director of Business Development, Latin American Region. In this position, Mr. Salas will be responsible for the company's Latin American global business development and accelerating the worldwide implementation of Insurance Technologies in the Latin American industry.

Having previously held executive level positions with international companies including; AUTODESK, Inc., NOVELL, Inc. and WordPerfect Corp., Mr. Salas brings over 15 years of extensive multi-national experience and will help drive the growth of Insurance Technologies and the next phase of our global expansion. He comes to Insurance Technologies most recently from CAFLO Corporation as the Consumer Division Director.

He has led the startup of multinationals, managing all aspects of the operations, legal, and product development areas of the business. He also brings extensive experience in the development of channels and leading sales teams in different countries of Latin America.

Mr. Salas has a MBA from Brigham Young University, Provo, Utah and a BS in Computer Science from Buenos Aires University, Argentina.

"We are excited to add someone of Alfredo's caliber to our diversified and talented international team. I am confident he will make a tremendous impact on our company's international growth" said Larry Wiedeman, Chairman and CEO, Insurance Technologies LLC. "With his deep business and international industry experience and his extensive international network, Alfredo will be helping us get to the next level of international business growth."

"I'm thrilled to join Insurance Technologies, with their impressive record of customer satisfaction, advanced technology platform and their innovative team of professionals" said Alfredo. "I believe we are in a great position to be one of the premier partners for the Financial Services Industry in Latin American."

About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado Springs, Colorado, Insurance Technologies LLC offers point-of-sale illustration software to the insurance and financial services industries. Insurance Technologies award-winning product, ForeSight™, supports all product types, including Life, Health, Annuities, Mutual funds, Critical Illness, DI, and LTC – all on a single mobile platform.