LONDON, October 19 /PRNewswire/ --

- New ALIS-Based System to Reduce Costs and Time-to-Market for New Insurance Products, and Improve Efficiency and Customer Service

A leading life insurance company Delta Lloyd Life has awarded FIS Software, a global leading provider of complete package-based software solutions for life and pensions organisations headquartered in Cardiff, a multi-year, multi-million GBP contract for the implementation of ALIS as their new policy administration system across their portfolio of investment, risk, mortgage and savings products.

Delta Lloyd Life will use ALIS to replace several current back office systems that are managing the Delta Lloyd business in Belgium. The new ALIS-based system provides a web-based environment, managing both back office and front office operations, and will include a data migration. This will enable Delta Lloyd Life to bring significant improvements in the administration of products and services to end-customers.

Caspar Van Haaften, Chief Operating Officer at Delta Lloyd Life says: "We selected FIS for this critical project because of the functional richness of the ALIS product, and their proven ability to implement large scale solutions quickly and cost-effectively. We have been impressed with the expertise and dedication of the FIS project team, and their understanding of our core business needs. It's a relationship that will greatly benefit us and I consider it a long term one."

Shay Alon, CEO of FIS Software, says: "We are proud to be selected by Delta Lloyd Life and are dedicated to the success of the project. ALIS software, combined with FIS' insurance expertise, will help Delta Lloyd Life increase their competitive advantage in today's modern, dynamic marketplace. Entering the Belgium market is another significant step forward in the implementation of our strategy to become the leading Policy Administration solution provider supporting the complete range of international Life, Pension and Investment business lines on ALIS' consolidated software platform. We are delighted to see our focused investment in the European market yielding positive results"

The decision to implement FIS' ALIS system followed a critical project evaluation phase, which was geared to defining the policy administration platform replacement programme. Delta Lloyd Life has invested in the new system to achieve a number of key objectives in addition to improving efficiency, including: reducing operating costs, improving customer service and reducing the time to market for new insurance products.

The implementation project will consolidate the current multiple policy administration solutions, common applications solutions and infrastructure components. ALIS will support a broad range of product sectors including investment & savings products, risk products and mortgage protection products.

Contacts: Nigel Gardner, UK Sales Director FIS Software Ltd. Mobile: +44(0)7976-390845 e-mail: ngardner@fis-software.com http://www.fis-software.com Colin H A Burton, UK Sales Director FIS Software Ltd. e-mail: cburton@fis-software.com Mobile +44(0)7814-548519 http://www.fis-software.com

About FIS Software

LONDON, October 19 /PRNewswire/ --

FIS Software is dedicated to developing and delivering global packaged-based solutions that enable life and pensions companies to run their businesses more efficiently, and respond to territorial legislation and regulations. The company's solutions are based on ALIS, a single modular software package, which manages the entire policy lifecycle of all life insurance, pensions and investment products, globally.

FIS employs over 360 insurance and IT experts across operations in the UK, France, Greece, Israel, Australia and Vietnam. Its clients include AXA, Unum Provident, CNP Assurances, Scottish Widows, Swiss Life, Aegon, Bright Grey, Diligenta (The Pearl Group), Tower, Ethiniki, Clal and Eliahu, among others. The company also has a number of strategic partnerships with leading systems integrators and consulting firms such as IBM and Atos Origin.

For more information visit www.fis-software.com

About Delta Lloyd Life, Belgium

Delta Lloyd Life in Belgium is part of the Delta Lloyd Group based in the Netherlands which joined Commercial Union (later the Aviva group) in 1973. Delta Lloyd Group is the number 4 insurer in the Netherlands with 6,500 staff and GBP36 billion in assets under management.

Delta Lloyd Life was created after the merger of CGU Life and OHRA Belgium Life, and absorbed Norwich Union Life in 2001.

The main business of Delta Lloyd in Belgium is Life insurance and banking. Delta Lloyd Life is ranked among the top 8 insurers in Belgium. As a customer and service oriented financial services provider, Delta Lloyd Life offers a wide range of products for individual and commercial customers. Products range from simple savings products to complex insurance and financial planning.

Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the Company's accounting policies and other risk factors detailed in the Company's filings.

Contacts: Nigel Gardner, UK Sales Director, FIS Software Ltd., Mobile: +44(0)7976-390845, e-mail: ngardner@fis-software.com, http://www.fis-software.com; Colin H A Burton, UK Sales Director, FIS Software Ltd., e-mail: cburton@fis-software.com, Mobile +44(0)7814-548519, http://www.fis-software.com