Press Releases and Announcements

DELPHI TECHNOLOGY, INC. (DTI) ANNOUNCES EXECUTIVE STAFF APPOINTMENT
Al Schutte named as Vice President of Product Management

February 4, 2002

DELPHI TECHNOLOGY, INC. (DTI) ANNOUNCES EXECUTIVE STAFF APPOINTMENT
Al Schutte named as Vice President of Product Management
CONTACT:   Patty Walker, Delphi Technology, Inc., 617-494-8361, pwalker@delphi-tech.com, www.delphi-tech.com

Boston, Mass.   (February 4, 2002)Sam Fang, President of Delphi Technology, Inc. (DTI), a leading provider of technology solutions to the risk and insurance industry, announced today the appointment of Al Schutte as DTI's Vice President of Product Management, overseeing Development of new products at DTI. He will be responsible for the development and launching of the OASIS Data Warehouse, OASIS Reinsurance, and OASIS eServices Browser based components. In addition, he will help DTI to define its future product directions.

Mr. Schutte has spent over 25 years in the insurance industry on both business operations and systems development. As a Senior Vice President in charge of Commercial Systems at Great American Insurance (GAI), he successfully built, delivered, and maintained enterprise-wide a P&C insurance processing system for a $1.6B carrier. His duties at GAI also included direct responsibilities for Profit Center operations, Agency Accounting and Premium Audit. In 1996, Mr. Schutte was appointed the President and COO of Millennium Dynamics, a Y2K products company. Mr. Schutte led this firm from its inception as a spin-off from GAI, through an initial IPO process, and ultimately to its sale.

"Al's systems and operations experiences are both broad and deep; I wish we had known him when we were starting out" said Sam Fang. "Al fulfills a key function at DTI as our business matures and DTI needs to be more independent and self-reliant in defining the product feature sets that would best serve our customer base, current and future."

Mr. Schutte adds, "I am looking forward to working with a DTI team of dedicated and talented developers. DTI's current suite of products provides a solid foundation for the development of new products. This is an exciting opportunity"

Mr. Schutte's educational career started at University of Cincinnati where he obtained a BBA in Marketing and continued with other Executive Management programs.

DTI (www.delphi-tech.com) provides the risk and insurance industry with high performance information systems. DTI offers a wider, richer array of information systems than is commonly available from one firm. Its staff has a deep knowledge of insurance practices, and can configure DTI systems to meet the needs of small to large organizations.

DTI is well known for its advanced applications among medical malpractice insurers, and has recently moved into the general P&C industry providing solutions to insurers, third party administrators, and self-insured employers. DTI systems improve workflow and real-time collaboration among all participants in a claim or a policy, maximizing operating efficiencies. These systems use the industry standard Oracle database management system and accommodate a host of hardware platforms. Behind every DTI system is the best practice know-how of DTI employees, acquired by working with over one hundred top insurance, healthcare, computing and regulatory organizations throughout the world.

Delphi Technology, Inc
201 Broadway, Cambridge MA 02139
info@delphi-tech.com

For more information contact sales@delphi-technology.com

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