Global IQX Selected as a Finalist for A.M. Best’s E-Fusion Awards

Ottawa, ON and Roanoke, VA October 3rd, 2006 – Global IQX Inc., a specialist in business automation and business process management software for the North American employee benefits industry, is pleased to have been selected as a finalist in the 2006 E-Fusion Award competition.

“We are thrilled to be selected as a finalist in the Life/Health category,” said Michael de Waal, president of Global IQX. “This was only possible by the dedication of our employees and by the clients we have had the privilege to serve.”

Finalist presentations will take place in Boston, in October at A.M. Best’s Insurance and Technology Conference. The E-Fusion Awards are designed to highlight outstanding, resourceful use of technology as applied to business strategy in the insurance industry.

Global IQX delivers specific automation components that meet the requirements of the insurance company’s respective audience: distribution channels, sales, underwriters, IT and other sales and service cycle participants or can provide an entire solution suite.

“By using Service Oriented Architecture, ACORD Standards as well as Global IQX’s patent-pending IQX SECURE, Straight-Through-Processing for all size groups and lines of business can be achieved within and across departmental boundaries.” said Dave Miller, VP Business Development and Services.

Global IQX also has multi-carrier capabilities by utilizing its ConnectInsureT SEMCI Platform. It is the first dynamic web-based automation solution that streamlines marketing, quoting, comparative analysis and enrollment of group insurance plans for multiple carriers real-time, launched in 2001 for both portal and aggregator sites.

About A.M.Best:

A.M. Best Co., established in 1899, is the world’s oldest and most authoritative insurance rating and information source. The E-Fusion Awards recognize six innovative, business-focused applications of technology in actual use by insurers. Creativity and resourcefulness are elements considered during the judging of the projects.

About Global IQX, Inc.

Global IQX, www.globaliqx.com, established in 1999, specializes in configurable, component-based sales and services automation solutions that streamline and optimize business processes for North American group benefits insurance organizations. Offered as a complete suite or individually, these solutions automate rating, underwriting, renewal and enrollment supporting all lines and market segments. Global IQX production proven solutions increase operational efficiency and reduce cost while promoting improved communication and interaction within and across departments. Developed and delivered by a team with group insurance depth and experience, these solutions give business users more control, with less dependence on IT resources. Clients include many of North America’s largest insurance companies.