llustrate inc’s .NET platform will allow customers to quickly deploy concurrent desktop and web life insurance illustration solutions and reduce development costs through a single integrated development environment.

Toronto, Canada, December 4, 2003 — illustrate inc , a leading developer of life insurance illustration software solutions to the life insurance industry today announced its commitment to include the powerful Microsoft® .NET platform in its base development platforms.

Microsoft’s .NET environment is the next generation of software technologies for connecting information, systems and devices. It enables a high level of software integration using web services – small, discrete, building-block applications that connect to each other. With the blurring of boundaries between desktop and web applications, illustrate inc is looking ahead to provide its customer base with proven, robust technology solutions as their IT and business needs evolve. illustrate inc’s unique illustration system architecture consists of distinct smart engines that focus on a user interface, complex actuarial calculations and presentation of the results to clients via reports. The current architecture and .NET framework allow these engines to be utilized by both desktop and web applications by reusing common components.

“The advantages of .NET over other technology platforms are significant,” said Zahir Dhalla, President of illustrate inc “A .NET-based system can now communicate with any other application that supports the Web Service standard. Coupled with multi-language programming, improved reliability and better security control, the customer benefits are enhanced efficiency, more rapid product deployment and reduced development costs, ” he added.

The first phase of the .NET inforce illustration system was completed early last quarter. illustrate inc has committed to full deployment of the system as a .NET-based desktop and web application by Q4, 2003. Additionally, the company has finalized an upgrade of its Superflex component (Data editor) in the product suite to .NET. This upgrade will be rolled out in November to clients already on the .NET platform. As well, illustrate inc is in the final development stages of .NET versions of a desktop and web-based version of a current customer’s new business illustration solution. Both systems will be released before year-end. The success demonstrated through the first client pilot project has further reinforced illustrate inc’s strategic decision to move to .NET as the platform for the future.

While continuing to make technological advancements in product design and architecture to keep customers ahead of the technology curve, illustrate inc is fully committed to maintaining the same level of quality and support for the current Windows environment. “We are working closely with clients to ensure that our development architecture takes into account future evolutions and ease of adaptation to new technologies. We look forward to assisting our clients make the move to .NET and to other technologies as their business needs evolve, “ stated Dhalla.