WHITESPACE SOFTWARE LIMITED

PRESS RELEASE – 29^th May 2003

WHITESPACE LAUNCHES MOBILE QUOTATION SOFTWARE

Insurance providers can massively increase their sales potential by offering BrokerQuote to intermediaries acting on their behalf. The system, designed for busy executives on the move is a windows application that runs on any laptop or pc. The software enables the broker to complete a proposal form to be uploaded onto the insurer's back office system via the internet at any time of the day or night.

A sophisticated quotation engine enables Brokers to give an immediate quotation; thus speeding up the whole quote to cover cycle.

The web enabled software gives all intermediaries the chance to benefit from doing business online without the need for a permanent Internet connection.

Dermot Mclaughlin, Project Manager at Whitespace says, "This opens up a whole new sector of the Broker market to insurance providers, it means that those who need to operate on laptops at home or abroad or at offices where they may not have internet access available, can now place the business with ease".

Ends

NOTES TO EDITORS

Whitespace Software supplies bespoke database computer systems to the Lloyd's of London and wider Insurance markets. ALMANAC, the Managing Agency accounting system was first sold in 1986, is currently used by over a third of the Lloyd’s managing agency market, measured by syndicate capacity. Their Members’ Agency system, SYNOPSIS, is used by 100% of the Members’ Agency market.

Contact: Jonathan Ling