Solcorp Partnership With LAVA Systems Inc. Provides Life Insurance Industry With Broad Range Of Complementary Software Solutions

Two firms will combine LAVA Process Enabler and SOLCORP/INGENIU to provide a complete solution for life insurance administration

Toronto, ON - 1998-04-17 - (TSE:LVA) LAVA Systems Inc. (TSE:LVA) today announced that it had signed a business partnership agreement with SOLCORP that will result in the integration and enablement of SOLCORP's INGENIUM application for individual life insurance administration with LAVA's Process Enabler and Knowledge Management System products.

By using LAVA's Process Enabler products, end users can link information from SOLCORP / INGENIUM (INGENIUM) databases to documents and templates in LAVA's Knowledge Management System and popular desktop applications such as Microsoft Word and Excel. Simple `actions,' such as the clicking on a toolbar button, hitting a key, or even receiving work-flow instructions or email can automatically trigger procedures to populate the policy and compliance documents that drive the life insurance industry worldwide. This enablement of the INGENIUM application eliminates tedious manual information searches and inputting. Savings are further compounded by customer services benefits achieved by always having the customer's file on hand, whether this is held within INGENIUM or in related word processing files or documents.

``Our INGENIUM application provides a fully-integrated, online and real-time processing solution for the complete administration of an insurance company's individual life, disability income and deferred and immediate annuity products,'' said Chris Hoar, Senior VP, Product Strategy and Training at SOLCORP. ``The integration with LAVA's products will increase workflow capabilities through INGENIUM and will provide new functionality with image documents to ultimately increase productivity to bring increased power to our life insurance administration clients.''

``This fit is natural, given SOLCORP's strength in the life insurance industry and LAVA's tight focus on insurance, witnessed by our dominance in the United Kingdom insurance market place,'' said Robert Terry, SVP, Chief Operating Officer, LAVA Systems Inc. ``Our agreement with SOLCORP opens the door to increased business for both firms, in the life insurance industry across the globe.''

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