Press Releases and Announcements

TECNORISK ACCOUNCES A NEW REALEASE OF THEIR MARINE
RISK MANAGEMENT INFORMATION SYSTEM

June 22, 2005

TECNORISK ACCOUNCES A NEW REALEASE OF THEIR MARINE
RISK MANAGEMENT INFORMATION SYSTEM

Bellevue, Washington, June 22, 2005  – Marking our tenth anniversary as a
leading supplier of marine claims and safety management software, TecnoRisk
are pleased to announce the release of TecnoClaims 7.1. This new release
incorporates a wide range of new features designed to enhance productivity and
security.


New features include:


• Calendar and diary functions tightly integrated with Microsoft Outlook.
• Correspondence integrated with mail merge features of MS Office.
• Additional Lost Time tracking and reporting.
• Additional Actuarial Analysis support features included.
• Security and audit trail enhanced.
• Additional industry specific features for a variety of industries including
port/terminal operators (US and worldwide), cruise lines and ship
managers.

The TecnoSafety & Shipboard system has also recently been updated with
additional flag state reporting including USCG 2692 and 2692B.
New features in the Incident module provide additional capabilities in tracking
and analysis of unsafe conditions, near misses, breach of regulations (Marpol,
USPHS etc).

Press Release

About TECNORisk LLC

TECNORisk LLC provides marine risk management and safety solutions that
enable companies to effectively manage their audit, safety and claim
processes. By using TECNORisk’s technology, leading companies in the
maritime industry have gained the benefits of automated claims tracking,
improved loss prevention and shortened recovery cycles. TECNORisk’s
international customer list includes industry leading companies such as
Carnival Cruise Lines, Cunard, Holland America Line, Costa Crociere,
Norwegian Cruise Line, International Shipholding Corp. and The Delta
Queen Steamboat Company.


Additional Information is available at www.tecnorisk.com

FOR FURTHER INFORMATION, PLEASE CONTACT:
TECNORisk LLC
Liz Seymour, Vice President
425-453-1855 or 425-922-6348

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