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Press Release
Insurance Sector Partnership Expands SunSystems Presence in South America.

ITG Consulting Firm Teams with SunSystems; Cites International Expertise and Insurance Sector Success as Key Benefits

Miami, FL - February 12, 2002: A solid, international partnership is driving SunSystems financial and management solutions deeper into the insurance industry in South America. The partnership with Brazilian-based ITG (Informação Tecnologia e Gerência s/c Ltd.) enables the company to leverage ITG's presence in the insurance industry for business development and support of the SunSystems solution, which includes 10 modules: Form Designer, Navigation Manager, Report Writer, Process Manager, Multi Currency, Accounting, Sales, Purchasing, Inventory and Report Server.

Mauro Sapiro, CEO, ITG says, "The SunSystems solution is a great product which certainly adds value to our portfolio. It has all the functionality needed for the international market but is easily deployed and offers low total cost of ownership compared to industry standards. SunSystems is easy for us to tailor to local customer needs which results in faster implementations and more satisfied customers."

ITG has been a leading provider of customized applications, system integration and implementation services to the Brazilian insurance industry for more than ten years. With more than 25% of the Brazilian market, they hold the largest market share of any independent accounting solution provider. Clients include Metropolitan Life, Chubb, Canada Life, Hannover International, AGF (Allianz), Hartford, Nationwide, Spanish-based MAPFRE and Japanese-based Tokio Marine. ITG provides customer services support, fast integration and implementation of the SunSystems solution with SunSystems' many international customers having a local presence in Brazil.

The relationship delivers improved customer service at a reduced cost and response time, customization for local configuration needs and expanded market share.

Mark Wolfendale, Chief Executive Officer, Americas, SunSystems says "The success of our alliance with ITG has opened new doors for us in South America. For instance, it has enabled us to deliver a global solution to Metropolitan Life Insurance. The MetLife contract might not have been possible before they witnessed first hand the value-add of this partnership in Brazil. With its expertise in the insurance industry, ITG meets our standards as a skilled and knowledgeable partner that can help provide highly tailored solutions to our customers."

The SunSystems solution provides many advantages for companies having a presence in Brazil. Truly international in its design, it is an integrated system allowing insurance companies to capture and report insurance policy and claim data in multiple languages and currencies. Further, it eases the creation of mandatory reports for government regulatory agencies.

Specific benefits of SunSystems include:
  • Ability to view the application in both English and Brazilian Portuguese.
  • Ability to analyze business information, including insurance policies, online, using multiple variables.
  • Ability to configure and customize without programming
  • Easy integration with front-end applications.
About ITG
ITG is a leading provider of standard and customized applications, system integration and implementation services. The Brazilian-based firm specializes in accounting and management information systems, treasury systems, banking systems, web development and customized solutions for the insurance industry. For more information, visit http://www.itg.com.br.

About SunSystems
SunSystems is a leading global financial and business management software solution.The product is used extensively by multinational organizations that require an international product with a global support infrastructure. Boasting a truly global customer base, SunSystems is installed in 18,000 customer sites, with 250,000 customer seats in 187 countries. Products within the SunSystems range are available in 30 languages. SunSystems customers include one quarter of the Fortune 500.

About Systems Union Inc.
Established in 1981, Systems Union Inc. is part of Systems Union Holding Ltd. The company has 20 offices worldwide and over 200 channel partners in 74 countries. Systems Union has annualized revenue in excess of $70 million and 710 staff worldwide. For more information, visit www.systemsunion.com.

For More Information:
Doug Shirra Brenda Noah Navarro
recognITion Systems Union, Inc.
416-533-7273 x107 305-594-8038






Copyright 2002, Systems Union Inc. All Rights Reserved Worldwide.
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