Castek Licenses Claims Software to CGI

Toronto (8 June 2004) – Castek Inc. is pleased to announce the completion of a licensing agreement with CGI Group Inc. (CGI). for Castek’s ClaimsPath claims management software as part of CGI’s claims loss adjustment business services and as an ASP service in the United States and Canada.

Pete Jones, Castek’s COO says: “Castek is pleased to welcome CGI as a customer. We are thrilled by this endorsement of the business and technical value of our software IP as CGI chose Castek after a competitive evaluation of several similar products.”

Claimspath is a server-based, Internet-accessed application that connects all service providers involved in the claims resolution process, from first notice of loss approval to invoices. ClaimsPath allows adjusters to connect and send assignments from their desktops directly to their service provider partners in the supply chain, as well as track and document all communications. The system is customizable to a carrier’s individual claims workflow and can be fully integrated with existing policy and claims systems.

About Castek

Castek Inc. (Toronto, ON.) specializes in stragegic business software for P&C insurance. Recognized for the advanced architecture and flexibility of its products, Castek provides carriers with Insure3 suite of core business processing systems for insurance product and process configuration, policy processing, customer billing and claims management.