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àå÷èåáø 18, 2004
SEAPASS SOLUTIONS ANNOUNCES THE HARTFORD 'S IMPLEMENTATION OF GATEWAY TECHNOLOGY

NEW YORK , NY — October 18, 2004 — SeaPass Solutions, a leader in connectivity solutions for insurance agents and carriers, today announced that The Hartford Financial Services Group, Inc., one of the largest financial services and insurance companies in the U.S. , has implemented the SeaPass Gateway technology.

“SeaPass helps simplify agent workflow and increase their productivity by providing real-time connectivity and communications,” said Eric Gewirtzman, president of SeaPass U.S. operations. “From a single technology platform, the SeaPass solution enables easy, error-free data exchange and interaction among agents, carriers, brokers and wholesalers.”

This solution is based on a proprietary data transformation language developed by SeaPass, which uses complex intelligence, employs algorithms for multi-dimensional data transfer, and also incorporates sophisticated connection pooling and connectivity technologies. The SeaPass Gateway recognizes data, instantly compares it to the receiver system requirements, seeks immediate clarification from the sender, and then completes the process.

 

About SeaPass

SeaPass Solutions, founded in 2000, is headquartered in New York City . The company develops and markets solutions that enable insurance carriers, agents, brokers and wholesalers to transmit and receive data in real-time and leverage existing systems to automatically interact with one another, leading to reduced costs, better new business and successful transactions. Since mid-2001, SeaPass has been implementing its solutions at national insurance carriers, regional carriers, banks, large agencies and brokers.

SeaPass investors include, Hyperion, a world renowned merchant banking fund specializing in investments in financial-services related companies and pioneering technologies, and Platinum Neuron Ventures, a fund backed by global investors such as Bank of America. For more information about SeaPass, please visit: www.seapass.com



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