DAVID Corporation is the first claims information systems provider to recognize Jopari as a Certified Systems Partner. Terms of the partnership include joint documentation, testing and mutual upgrade / release management of systems integration between the two companies. The objective of the agreement is to ensure DAVID users of supported and stable integration with JopariPay.

Ciony Rapadas, DAVID Corporation’s VP of Operations said: “DAVID customers are very interested in acquiring the savings available through payment automation and the conversion to EFT payments. Our agreement with Jopari – the leader in this field - is consistent with DAVID Corporation’s customer service goals and our deep commitment to customer support.”

DAVID clients transitioning to JopariPay can save an average of $4.00 per payment. Jopari estimates that payment automation will result in payer savings of at least 50% over in-house paper based payment processing, an economic driver the two companies believe will spur significant adoption of payment automation services.

One DAVID user already benefiting from JopariPay is JT2, a California based Workers' Compensation Third Party Claims Administrator specializing in public entities and high tech industries. The JopariPay service has brought JT2 immediate cost-benefits and efficiency gains in addition to significantly reducing payment related customer service calls.

Theresa Fernandez, JT2's Executive Vice President, pointed out: "The Jopari solution allows us to synchronize payments with remittance advices (EORs) and deliver them electronically. As a result, our payment status inquiry calls have dropped dramatically. The fact that Jopari is a certified systems partner of DAVID allowed us to adopt payment automation with confidence."

Jopari Solutions CEO Steve Stevens commented: “Our objective is to provide DAVID with a unique competitive advantage that supplements the powerful functionality of their claims management systems. DAVID customers can now evaluate the benefits of JopariPay knowing that our integration with DAVID is both approved and supported.”

The insurance industry remains burdened by low operating margins caused in part by inefficient payment processing systems. The partnership between DAVID Corporation and Jopari Solutions brings together two dynamic companies dedicated to improving user profitability and decreasing operational expenses.

ABOUT DAVID CORPORATION

DAVID Corporation, a Platinum Equity company, has led the risk management information systems industry by developing and supporting superior software products designed for self-insured, self-administered organizations and third-party administrators (TPAs) since 1984. As an industry leader, DAVID consistently offers flexible, powerful systems to handle multiple lines of business including workers’ compensation, general liability, property and casualty, automotive and marine claims.
DAVID utilizes a solutions-focused, value driven approach to selling and servicing its clients. More than 300 Fortune 500 companies, municipalities and TPAs nationwide have selected DAVID to meet their information systems needs. DAVID Renaissance 3.2 is a high-powered client/server product with an optional web interface that offers comprehensive functionality, while harnessing the strength of Microsoft's SQL ServerŪ database platform. Renaissance 3.2 is a fully integrated, functionally rich and highly scalable risk management information system. Platinum Equity acquired DAVID Corporation in February 1997, refocusing its goals on providing excellent support service to its existing clients while simultaneously developing innovative new product lines in the expanding Windows environment. (http://www.davidcorp.com)

ABOUT JOPARI SOLUTIONS, INC.

Jopari Solutions, Inc. provides industry-leading automated payment processing automation, Electronic Funds Transfer (EFT) services and electronic delivery of remittance advices. Jopari has unique expertise in enterprise level payment and remittance processing solutions, cash flow controls and financial reporting. Jopari’s web portal services generate significant direct and indirect administrative savings. “Powered by Jopari™” services comply with state/federal regulations and HIPAA. Jopari also offers alternative benefit payment services, including direct deposit and stored value cards. (www.jopari.com)