Press Release

StoneRiver to Deploy Midnight Coders WebORB for .NET to Enhance User Experience

WebORB for .NET will transform connectivity and flexibility for LifeSuite, LPES and Electronic Application Products

Oakland, CA, March 3, 2011 –Today StoneRiver announces an OEM agreement that will transform connection capabilities, enable robust internet applications and deliver high performance while leveraging existing feature rich applications for life insurance.

As a leader in providing the widest range of technology solutions for the insurance industry, StoneRiver, Inc., has teamed up with Midnight Coders, Inc., a leading provider of integration technology, to distribute Midnight Coders WebORB for .NET with StoneRiver’s life solutions. The solution offers Straight through Processing (STP) to move information from point A to point B without interruption, error, or human intervention, allowing the transaction to occur easily and completely.

WebORB for .NET is a powerful integration server used to execute and manage connectivity between StoneRiver’s new Adobe Flex User Interface and the .NET backend services. This combination allows StoneRiver to offer clients a straightforward implementation of a seamlessly integrated new business process. Deploying WebORB for .NET with life solutions will further heighten client satisfaction by being able to implement the new User Interface for StoneRiver life solutions, which is based on the StoneRiver Insurance Integration Platform (IIP) User Interface Framework.

Mark Piller, CEO/Founder of Midnight Coders states, “We are very pleased to have StoneRiver join our family of esteemed WebORB customers and the opportunity to help StoneRiver continue in its delivery of best in class rich insurance software applications.”

“This agreement only further enhances our capabilities to achieve integration with our Insurance Integration Platform (IIP),” states Dennis Pfiffiner, Vice President of Product Services at StoneRiver. “Using the IIP User Interface Framework and WebORB we will leverage the superior look, feel, features and functions of IIP within our spectrum of life solutions.”

Both LifeSuite and LPES are integrated with the StoneRiver e-Application product that improves time-to-market, simplifies new business acquisition and reduces acquisition expenses. LifeSuite is the industry leading web-based solution for new business and automated underwriting. LifeSuite streamlines workflow and manages the entire new business process for carriers and their distribution channels. LPES is the point-of-sale Needs Analysis and Illustration system that enables your distribution channels to assist a prospect in selecting the best product suited to their coverage or investment needs and produces regulatory compliant illustration.

About Midnight Coders, Inc.
Midnight Coders is a leading provider of integration technology that enables universal client-server connectivity for mobile, browser and desktop clients. Development teams from around the world use our WebORB technology to expedite development and improve application performance, so they can get to market faster with greater business success.

About StoneRiver, Inc.

StoneRiver delivers the industry’s widest range of technology solutions and services to insurance carriers, encompassing front-office, policy, claim, underwriting, billing, reinsurance, financial and compliance solutions for all major business lines. Life solutions are integrated to span the entire insurance value chain to reduce distribution and operating costs and bring products to market swiftly. From the point-of-sale to policy issuance and claim payment, our individual solutions or integrated solutions are available to provide you complete straight through administration. Hundreds of companies rely on StoneRiver solutions to help them streamline their complex business processes. Visit stoneriver.com for more information.