Castek Notes Deal with Global Info Tech to Provide Services for Insure3 Suite of Products in China

June 9, 2004

Castek Inc. announced a business partnership with Global InfoTech Co. Ltd. to provide localization and implementation services for the Insure3 Suite of P/C insurance business applications in China.

“Castek is delighted to partner with Global InfoTech, China’s leading insurance solutions integrator,” said Pete Jones, Castek’s president and COO. “The Chinese insurance sector is growing rapidly and enjoying a high degree of business and competitive innovation. We are delighted that our R&D work with Global InfoTech and selected Chinese insurance carriers has demonstrated the ability of Insure3 to support the Chinese language and insurance business requirements.”

The business partnership between the two companies reportedly demonstrates Castek’s new implementation services approach. Castek will focus on the further development of its Insure3 Suite and, for implementation services will team with partners who have proven success in the implementation of large-scale insurance software solutions.

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