AQS Forms Strategic Alliance With Axiom

Agreement Adds Claims to AQS Policy Suite, Creates Distribution Channel for Axiom


HARTLAND, WI--(Marketwire - February 2, 2009) - AQS, Inc., a provider of policy administration systems for property/casualty insurance, today announced a strategic alliance agreement with Axiom, Inc. Under the terms of the agreement, AQS becomes the marketing and selling partner for Axiom's .Claim (pronounced "dot claim") system for property/casualty claims administration.

"This alliance enables us to offer a world-class claims product to our customers and to other P&C insurers," said Dave Kerford, AQS' CEO. "The functionality of .Claim is superior. It provides the cost-effectiveness and convenience of being entirely Web-based. And on the heels of our recent acquisition of AscendantOne (now AQS Access), it positions us to be a comprehensive provider of P&C administration services."

.Claim was built with the help of adjusters, claims supervisors and actuaries. It supports personal and commercial lines of business and includes first notice of loss; automatic (intelligent) or manual assignment; tracking for contacts, inspection, salvage, subrogation, litigation tracking; activity logs (electronic and manual) with diary and task-scheduling systems; catastrophe handling; financial transactions, including bulk and recurring payments, check follow-up, positive pay, and account reconciliation; and canned and ad hoc reporting.

"With the help of our premier technology partner, Vertical Alliance Technologies, Axiom is pleased to announce this new strategic marketing agreement with AQS," said Samir Salem, Axiom's President. "The agreement gives AQS exclusive rights to market Axiom's flagship product, .Claim. AQS' demonstrated commitment to the P&C market is exactly what we were looking for in a partner. And their commitment to product excellence is a perfect complement to our own. We look forward to sharing the power of our alliance with our customers."

About AQS, Inc.

Since 1979, AQS has been providing policy administration and business-support services to property/casualty insurers, supporting all transactions for all lines of business in all 50 states. AQS products deliver scalability and interoperability, using Web services and .NET architecture to maximize extensibility, to optimize integration with other systems, and to automate the entire policy life cycle. For more information, please visit www.aqssys.com.

About Axiom, Inc.

Axiom, Inc., is a technology company based in Marietta, Georgia, with a focus on Claims Management Systems for P&C insurance companies and expense reports management. In addition to its products, Axiom also offers a wide variety of hosting and software integration services. Axiom helps its customers streamline operations and reduce expenses, helping them identify and capitalize on their most important business and technological opportunities, and providing solutions to their most critical challenges. For more information, please visit www.axiomssc.com.

Contact Information: Media contacts: Nancy Hines 803-790-4200 Mark O'Brien 860-944-9022

GlobeNewswire