Tuesday, October 20, 2009

Whitehill Technologies Wins New Customer, Gets High Marks from Independent Analyst

Whitehill Technologies Wins New Customer, Gets High Marks from Independent Analyst

Madison Advisors says Whitehill solutions a good fit for insurance and financial services companies like Industrial Alliance.

Boston, MA (PRWEB) June 5, 2006

Whitehill Technologies, Inc., a leading provider of document composition, data transformation and business process integration solutions, today announced that Industrial Alliance has selected Whitehill to improve communications with customers and save on production costs.

Industrial Alliance provides life & health insurance and financial services to more than two million Canadians. The company purchased Whitehill software to assemble and produce semi-annual statements for its customers. Prior to using Whitehill, clients would receive two or more separate statements, depending on the number of policies or funds in their portfolio. Information for each of these statements was stored in a different legacy system, with no way to consolidate the data.

Industrial Alliance used Whitehill’s software to extract the data from these legacy systems, consolidate it, and merge the separate statements into a single package. The new solution has improved communications with customers and gives Industrial Alliance a better view of its clients.

“Industrial Alliance selected Whitehill Technologies over other solutions based on their ability to cater to our very specific requirements,” said Guy Daneau, VP, Information Systems, Industrial Alliance. “We are confident that Whitehill provides us with the best available solution set on the market, and they have proven to be an excellent vendor in terms of customer service. They have really gone the extra mile to meet our needs.”

A recent report from Madison Advisors, an independent analyst firm, says Whitehill provides reliable solutions for companies like Industrial Alliance. “Whitehill solutions are a strong fit for the insurance and financial services market,” says Richard Huff, Principal Analyst, Madison Advisors. “Document composition solutions have become a core business in this sector. Insurance companies produce a lot of text-heavy documents, such as statements, policies and claims forms, and Whitehill’s technology has proven its effectiveness in handling these types of correspondence.”

“We are delighted to have been selected by Industrial Alliance in a deal that cements Whitehill as a market leader in the insurance and financial services sector,” said Paul McSpurren, president and CEO, Whitehill Technologies. “Our software solutions are a perfect match for companies like Industrial Alliance, who are looking to solve their business problems in a timely manner.”

Whitehill will be showcasing these and other solutions at the IASA Conference & Business Show in Boston, June 4-7. Attendees can learn more by visiting Whitehill at Booth #622.

About Industrial Alliance (www. inalco. com)

Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services. The fifth largest life and health insurance company in Canada, Industrial Alliance is at the head of a large financial group – the Industrial Alliance Group – which has operations across Canada as well as in the Northwestern United States. Industrial Alliance insures over 2 million Canadians, employs more than 2,700 people and manages and administers over $40 billion in assets. Industrial Alliance stock is listed on the Toronto Stock Exchange under the ticker symbol IAG. Industrial Alliance is among the 100 largest public companies in Canada.

About Whitehill Technologies Inc. (www. whitehilltech. com)

Whitehill Technologies, Inc. develops and implements document composition, business process integration, and data transformation software that enables organizations to accelerate key business processes. Whitehill has helped nearly 700 customers in 45 countries personalize the way they communicate with customers and get the right information into the hands of the right people. Whitehill is a privately held company with over 100 employees. Headquartered in Moncton, New Brunswick, Canada, Whitehill has locations and partners in the United States, United Kingdom, and the Netherlands. Whitehill’s technology partners include Computer Associates, Thomson Elite, IBM and Interwoven. Whitehill is funded by private equity firms Latitude Partners and GrowthWorks Canadian Fund.

For further information, or to arrange for interviews, please contact:

Lynne Reid

Media Relations

Whitehill Technologies, Inc.

888-944-8344 x521

Www. whitehilltech. com

# # #