National Grange Mutual Licenses Insure3

Rapid Insurance Product Innovation and Customization Are the Keys

Toronto, Ontario, May 15, 2001 – Castek
Software Factory Inc., a provider of enterprise-wide processing systems for financial
services, is pleased to announce that National Grange Mutual Insurance Company (NGM) has
licensed Castek’s Insure3 policy administration and claims processing
systems. NGM’s goal is to provide best in class service to its agents, to streamline
transaction processing through the Internet, to provide much quicker time to market for
new and customized products, and to achieve a high level of customer satisfaction.

“NGM’s commitment to service – and the due
diligence of their RFP process – makes us especially happy to have been selected for
this contract,” says Stephen Carson, Castek’s president and COO. “Insure3‘s
tool for rapid product innovation and customization, and its ability to integrate with all
core business processes makes it uniquely adaptable to NGM’s current and future
insurance and agency network needs.”

Founded in 1923 by Grange fraternity members, NGM writes
over $400 million in premium for personal and commercial lines products. Today, NGM is a
multi faceted company writing business in 16 states and partnering with the best
independent agents in the industry, backed by superior, personal service. NGM’s
corporate headquarters are located at 55 West Street, P.O. Box 2300, Keene, NH 03431.

“Castek invited us to influence the development of
their new claims solution and enhancements to the current policy administration
modules,” says Jeanne Eddy, Executive Vice President at NGM. “They were as
interested in helping us maximize our success as they were in making the sale. That’s
not what vendors do – that’s what partners do.”

“To enable NGM’s business goals, we needed an
extremely flexible solution that could be implemented successfully,” says Bill
Garvey, Director, Corporate Systems at NGM. “In Castek’s Insure3 products
we found a solution that is built to support change, and backed by a team of professional
and knowledgeable personnel, focused on our business.”

About Castek

Castek Software Factory Inc. specializes in the creation of
strategic, business software solutions for the financial services industry, with a
specific focus on P&C insurance. Founded in 1990, Castek is recognized as a leading
practitioner of component-based development. For more information, readers can visit the
company’s Web site at www.castek.com.

For more information:

Karina Pollard, Marketing Associate
(416) 777-2550 ext. 335