October 5, 2002

PremiumWare Releases Version 6.0

DALLAS/FORT WORTH, TX - October 05, 2002 - PremiumWare, Inc. today announced a development milestone with the release of version 6.0. The nation's leading insurance premium audit software, PremiumWare and supporting applications like PWWeb, serve as the foundation for a single, unified and extensible enterprise infrastructure for audit workflow and Web Services. Version 6.0 will natively support Window 9x/NT/2000 & Windows XP. Prior versions will continue to be supported.

"We listened to our customers and evaluated the market conditions to develop this latest version release. Customers wanted a application that leverages their activities while retaining flexibility, security and peer-to-peer communication across heterogeneous networks," said Guy Dragoo, Chief System architect for PremiumWare and LossWare. "We're extremely pleased to be giving our current and potential customers what they've been asking for."

This latest PremiumWare release will incorporate many practical advancements, including enhanced visual cues, improved information presentation, increased automation, enhanced multi-location capabilities, scheduling, and audit functions. These extended features continue to advance the efficiency and effectiveness PremiumWare customers have come to expect from the market's leading application developer. PremiumWare will be releasing version 6.0 immediately with clients incorporating the release on their next software update cycle.

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