Sampo Life Chooses Profit Software's Life and Pension Insurance Solution

September 1, 2005

Helsinki (Finland), Sampo Life, a subsidiary of Sampo Group and Profit Software Ltd, today announce the co-operation agreement of complete insurance solution delivery for Sampo Life. Solution covers modules for sales, policy administration and claims functionality. In addition to Finland, the agreement covers Nordic and Baltic countries.

Profit Software delivers a complete Life & Pension solution to Sampo Life. Profit Software's modular product provides a flexible environment for the design and creation of comprehensive life and pension insurance portfolios. Profit Life & Pension product combines wide experience of insurance business with a modern J2EE software technology.

"We are delighted and proud that Sampo Life, famous for its exceptional growth and high business standards, takes a full advantage of our new generation software solution. Their decision to choose us can certainly be regarded as a further affirmation of the quality and business benefits of our product offering", states Harry Nyroos, the President of Profit Software.

For more information about Sampo: www.sampo.com