Torgny Eriksson Appointed as Country Manager Sweden

Helsinki (Finland), Stockholm (Sweden)– Profit Software, a proven leader in modern insurance software solutions, strengthens its regional sales and customer services in Sweden.

May 24, 2006, Helsinki (Finland) and Stockholm (Sweden)

As a part of the company’s further expansion into the Nordic marketplace, Profit Software has appointed Torgny Eriksson as its new country manager to lead its rapidly-growing Swedish operations.

"The Swedish insurance market is very attractive and growing vigorously. Insurance companies are now actively acquiring new generation core software solutions. As a seasoned industry expert with an impressive track record, Torgny brings a level of knowledge and expertise that will enhance our operations even further", states Pekka Lemettinen, Executive Vice President of Marketing and Sales.

"This is a very exciting time to join Profit Software as it moves into a new phase of Nordic growth and development. I am looking forward to working with this dynamic and hard working organization and making a significant contribution to the growth of the company. The future of the industry clearly lies in modular and product-based solutions", states Eriksson.

Profit’s solutions combine the latest thinking in insurance with modern software technology, providing a uniquely flexible environment for the design and creation of comprehensive life and general insurance portfolios. This opens up completely new possibilities for running an insurance business with a significantly lower cost base.

Contact Profit Software:
Pekka Lemettinen
Executive Vice President, Marketing and Sales
Tel. + 358 40 5035411

Torgny Eriksson
Country Manager
Tel. +46 703 003095