Suomi-Group Chooses Profit Life & Pension Solution for Baltic Countries and Poland  

Helsinki (Finland), Suomi-Group and Profit Software have today announced an agreement for the delivery of a complete insurance solution for Suomi-Group's subsidiaries in Estonia, Latvia, Lithuania and Poland. 

February 13, 2006,  Helsinki (Finland) and Tallinn (Estonia)

Pofit Software will deliver a comprehensive Life & Pension solution for Suomi-Group's subsidiary firms Seesam and Finlife. The solution is based around Profit's new-generation modular product that gives users a flexible and highly responsive environment for the design and creation of wide-ranging life and pension insurance portfolios. This solution provides native support for multi-country implementations and enables an insurance provider to conduct operations in many different countries using a single solution. The delivery and on-site support is arranged by utilizing Profit's strong local presence.

"We are delighted and proud to support Suomi-Group in these rapidly expanding markets. Their decision to go with our new generation solution is a strong statement of confidence in our product line and its future direction," stated  Pekka Lemettinen, Executive Vice President of Profit Software. "This contract further strengthens Profit Software's position
as a trusted vendor for innovative solutions in the Baltic countries and Poland."

For further information:

Suomi-Group
Seppo Ilvessalo
First Vice President
+ 358 10 558 150

Profit Software
Pekka Lemettinen
Executive Vice President, Marketing and Sales
Tel. +358 9 68173321