Press Releases and Announcements

Mynd Adopts Microsoft.NET For Its Risk Management ASP

December 14, 2000

Contact:
Charles T. Conway, Jr., Director, Corporate Communications
Phone: 803-333-5348  : charlieconway@mynd.com

LIVONIA, MICH. and COLUMBIA, S.C., December 14, 2000 -- Mynd (NYSE:YND) announced today that it is embracing Microsoft's .NET strategy and technologies for Mynd's hosted, browser-based, thin-client risk management software solution. This application service provider (ASP) system includes Mynd's RISKMASTER.net( module, running on Microsoft's SQL Server 2000 Enterprise Edition along with Mynd's award-winning RISKMASTER/World( product.

RISKMASTER.net ASP processes, manages and analyzes a wide range of claims, including Property, Casualty, General Liability, Workers' Compensation and Vehicle Accident. It reviews claims data from virtually any perspective and reports data relationships across many parameters, giving users extraordinary insights into their claims. It also offers extensive customization options as well as many advanced automation and distribution features.

"RISKMASTER.net and the entire RISKMASTER family of products were designed to integrate with and leverage Microsoft products such as Microsoft SQL Server 2000, Windows and Office," said Mynd Claims and Risk Management Group Vice President Lance Albright. "As a result, RISKMASTER.net is very powerful and flexible, while the server-side installation, maintenance and upgrades for it are user friendly."

"Microsoft is very pleased that Mynd has chosen Microsoft Windows 2000 Advanced Server, Microsoft SQL Server 2000 and the Microsoft .NET platform to host this important offering," said Microsoft's Global Director, Financial Services, Bill Hartnett. "Their endorsement further demonstrates the business value engineered into the Microsoft server family, specifically, high availability, high scalability and great performance. We look forward to numerous Mynd offerings on the Microsoft platform."

Headquartered in Columbia, S.C., Mynd is a leading provider of systems, services, sourcing, and eBusiness solutions to the global insurance and related financial services industries. Mynd's mission is to empower clients through its collective knowledge, creativity, and vision, to help them work smarter. Information about Mynd's products and services, including RISKMASTER.net and the entire family of RISKMASTER products, can be found at www.mynd.com.


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