MILPITAS, California, July 12, 2011 - CodeObjects, a leading provider of comprehensive, flexible, and agile insurance solutions based on service-oriented architecture (SOA), is pleased to announce it has become an Associate of ISO's Electronic Rating ContentTM (ERC) Program. As part of this relationship, CodeObjects will include loss costs, rules, and rating information received from ERC with its policy administration system, PolicyEnterprise, for both commercial and personal lines of business.

Kevin Thompson, senior vice president at ISO, said, "We are very happy to have CodeObjects as a new Associate in our Electronic Rating Content Program. The integration of ISO content provides a great benefit to insurers."

"We continue to look for ways to drive speed to market with product definition and maintenance while minimizing risks and total cost of ownership," said Michael Kolar, vice president of product marketing at CodeObjects. "By integrating with ISO Electronic Rating Content, we offer a cost-effective solution that allows insurers to tailor ISO products to their company rules, implement rate changes very quickly, get new products to market faster, and easily keep pace with circulars as well as revisions."

About CodeObjects
CodeObjects is a leading provider of adaptable insurance software applications. CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. Their innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. For more information, visit http://www.codeobjects.com.

Contact:
Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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AAA Auto Club Group deploys CodeObjects Policy Administration and Billing solutions for various personal lines.

MILPITAS, Calif., Jun 2, 2011 -- AAA Auto Club Group (ACG) goes live with policy administration and billing software from CodeObjects (www.codeobjects.com), a provider of flexible service-oriented architecture-based (SOA) insurance solutions. CodeObjects' PolicyEnterprise and BillingEnterprise, support various personal lines insurance products at ACG, by streamlining policy administration, enhancing underwriting accuracy and efficiency, and providing automated, real-time billing.

"We wanted a platform that allowed for speed to market, flexibility and reduced cost to maintain to ensure continued customer satisfaction and market competitiveness" said Brent Stahlheber, Senior Vice President and Chief Information Officer for ACG. "Not only has CodeObjects' comprehensive functionality and SOA-based technology architecture set us up to achieve these goals, but their software was also easily integrated with our existing systems and allowed us to distribute to multiple states across all distribution channels."

"We are extremely pleased that a large carrier as reputable as AAA Auto Club Group has gone live with our solutions," said Anil Annadata, President and CEO for CodeObjects. "They leveraged our SOA based technology and out of the box core functionality for providing faster and effective services that help them with market penetration."

According to Chad Hersh, a Partner with analyst firm Novarica, "This success provides another validation that forward-thinking carriers are continuing to gravitate towards flexible and modern systems. ACG's use of CodeObjects PolicyEnterprise and BillingEnterprise underscores the importance of the four key drivers of core systems modernization: speed to market, distributor and customer service, improved workflow and processes, and data accessibility."

About The AAA Auto Club Group (ACG)
The AAA Auto Club Group is a Michigan non-profit corporation operating in 8 states located in the Midwest/great lakes area of the United States. AAA Auto Club Group is the largest Midwestern club of the American Automobile Association. ACG is affiliated with Auto Club Insurance Association (a Michigan reciprocal inter-insurance exchange) and its subsidiaries, which underwrite property and casualty insurance products.

About CodeObjects
CodeObjects is a leading provider of adaptable insurance software applications. CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. It's innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. (For more information, visit www.codeobjects.com)

Contact:
Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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MILPITAS, California, May 2, 2011 - CodeObjects, a leading provider of comprehensive, flexible and agile service-oriented architecture (SOA) based insurance solutions, is pleased to announce they have become an associate member of AAIS. As part of the agreement CodeObjects will provide AAIS forms, rules and rating information in PolicyEnterprise for both commercial and personal lines of business.

"Companies like CodeObjects demonstrate their commitment to the property/casualty business and our member companies when they become associate members of AAIS," says Rick Maka, AAIS director of marketing and strategic alliances.

CodeObjects' software is built on a next-generation enterprise platform that enables rapid development of service-oriented applications through open standards and non-proprietary technologies. In addition to supporting interoperability between different software platforms and swift response to market conditions and competitors' offerings, the applications' service-oriented architecture allows for integration of information across all internal and external systems.

"We are very pleased to become an associate member of AAIS," said Michael Kolar, vice president of product marketing at CodeObjects. "Insurers continue to look for insurance solutions with a comprehensive product offering and this partnership expands and strengthens our out-of-the-box product development and rating solution."

About AAIS

AAIS is a national advisory organization that develops policy forms and rating information used by more than 700 P/C insurers throughout the U.S. It maintains programs for 25 lines of personal, commercial, farm, and inland marine insurance.

About CodeObjects

CodeObjects is a leading provider of adaptable insurance software applications. CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. Its innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. (For more information, visit www.codeobjects.com)

Contact Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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MILPITAS, Calif., Feb 15, 2011 -- The Balboa Insurance unit of Bank of America has implemented policy administration and billing software from CodeObjects (http://www.codeobjects.com) across its agent and consumer portals. The two software systems, PolicyEnterprise and BillingEnterprise, are supporting Balboa's various property and casualty lines of business by enhancing underwriting accuracy and efficiency, providing automated, real-time billing and enabling consumers to purchase insurance directly from the BankfofAmerica.com website.

Featuring automated underwriting rules, channel-optimized user interfaces and pre-defined workflows, PolicyEnterprise serves as a complete system-of-record throughout the entire underwriting and policy administration process. BillingEnterprise enables insurers to offer customers a variety of bill plan options as well as improved customer service and billing processes.

"We are extremely pleased that Bank of America has gone live with our solutions," said Anil Annadata, president and CEO for CodeObjects. "In April 2010, the bank approached us about software for supporting underwriting, policy administration and billing processes. They leveraged our out-of-the-box applications, so the systems went live in less than 10 months." PolicyEnterprise and BillingEnterprise now cover all of Balboa Insurance's direct distribution channels, including call center and consumer, in 12 states.

"The implementation of our PolicyEnterprise and BillingEnterprise solutions better positions Bank of America -- Balboa Insurance for improved market competitiveness," continued Annadata. The new implementation allows for the following benefits:

• Faster quoting and policy issuance • Automated underwriting and straight through processing of policies • Ability to perform rating updates quickly, respond to regulatory changes and rapidly create and introduce new products

CodeObjects' Policy Enterprise and BillingEnterprise are built on next-generation enterprise platforms that enable rapid development of service-oriented applications through open standards and non-proprietary technologies. The software's service-oriented architecture also allows swift response to market conditions and competitive offerings, interoperability between application components on different platforms, and integration of information across all internal and external systems.

"Every insurance provider has their own proprietary underwriting and product rules," said Annadata. "The challenge is keeping new technological tools aligned with those rules as well as with existing systems. Our software will essentially 'future-proof' Balboa's investments in technology and applications and also help the division to be a customer-centric business."

About CodeObjects
CodeObjects is a leading provider of adaptable insurance software applications. CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. Its innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. For more information, visit www.codeobjects.com.

Contact: Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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MILPITAS, California, February 7, 2011 - CodeObjects, a leading provider of comprehensive, flexible and agile service-oriented architecture (SOA) based insurance solutions, recently held their first ever user group conference, Objects 2011, at the Dallas/Fort Worth Marriot Solana in Westlake, TX. The two day event focused on company accomplishments and goals, sharing of customer experiences and networking opportunities for customers, leading insurance analysts and CodeObjects employees.

Objects 2011 kicked off with Michael Kolar, vice president of product marketing at CodeObjects, welcoming the group and thanking them for attending. He went on to discuss company accomplishments over the past 12 months highlighted by signing two customers, with one customer going live in less than 8 months and the other set to go-live in less than 9 months. His presentation wrapped with discussion about 2011 goals, which included improvements to the existing platform and applications as well as discussion about new products.

The general session concluded with customer presentations. Insurance executives from three separate companies shared their experiences implementing and operating CodeObjects software.

"This was truly the highlight of the evening," said Anil Annadata, president and CEO at CodeObjects. "To listen to our customers share their experiences with the entire group says a lot about their support and loyalty. We not only work very hard to make our customers successful, but we're committed to making them happy too." The second day of the conference consisted of demonstrations by CodeObjects personnel. The highlight of this day was a demonstration of the CodeObjects Rapid Application Development Studio (CORADS); this presentation was led by Rajesh Nambiar, vice president of professional services at CodeObjects. He focused on the power and flexibility of the CodeObjects platform and showcased how and why customers are able to go-live with applications in months instead of years.

Prior to embarking on buses to Cowboy Stadium for the final networking event, Annadata thanked everyone again for attending as well as for their continued loyalty and support. He also encouraged everyone to collaborate with one another and continue to engage CodeObjects executives on an ongoing basis.

About CodeObjects

CodeObjects is a leading provider of adaptable insurance software applications. CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. Its innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. For more information, visit www.codeobjects.com.

Contact
Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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AMILPITAS, California, November 3, 2010 - CodeObjects, a leading provider of comprehensive, flexible and agile service-oriented architecture (SOA) based insurance solutions, announced it has received a promising rating in the 2010 Gartner MarketScope for North American Property and Casualty Insurance Policy Management Modules.1

"Replacing aging and legacy policy environments will continue to be a priority among P&C insurers during the next three to five years, based on Gartner's assessment of the market and client interactions," stated Kimberly Harris-Ferrante, Vice President and Distinguished Analyst, in the Gartner report."Business changes will force insurers to adopt new processes and to offer new functionality that is not supported in current-day systems or that can be changed easily without code rewrites."

"We are pleased with Gartner's initial rating of promising," said Anil Annadata, president and CEO for CodeObjects. "Our goal at CodeObjects is to make our customers successful while continuing to improve our products and services."

¹Gartner, Inc., MarketScope for North American Property and Casualty Insurance Policy Management Modules, Kimberly Harris-Ferrante, November 3, 2010 About Gartner MarketScope

The MarketScope is copyrighted 2010 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About CodeObjects

CodeObjects is a leading provider of adaptable insurance software applications. CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. Its innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. (For more information, visit www.codeobjects.com)

Contact

Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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MILPITAS, California, April 06, 2010 - Bank of America's Balboa Insurance Group (Balboa), an industry-leading risk management and loss mitigation solutions to financial institutions in the mortgage and auto finance industries, and CodeObjects, today announced that Balboa has selected PolicyEnterprise and BillingEnterprise to streamline policy administration, enhance underwriting accuracy and efficiency and provide automated, real-time billing.

"We are very pleased to add Balboa as our newest client," said Anil Annadata, president and CEO for CodeObjects. "Insurers choose CodeObjects because of our superior modern architecture, rich out-of-the-box functionality, and speed of our implementations. We look forward to equipping Balboa with our flexible, scalable and extensible insurance solutions."

CodeObjects' software is built on a next-generation enterprise platform that enables rapid development of service-oriented applications through open standards and non-proprietary technologies. In addition to supporting interoperability between different software platforms and swift response to market conditions and competitors' offerings, the applications' service-oriented architecture allows for integration of information across all internal and external systems.

About CodeObjects

CodeObjects is a leading provider of adaptable insurance software applications. CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. Its innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. (For more information, visit http://www.codeobjects.com)

Contact

Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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MILPITAS, CA November 10, 2009 — CodeObjects announced today that it has signed a contract with The AAA Auto Club Group (ACG), the largest affiliation of American Automobile Association ("AAA") clubs in the Midwestern United States, to provide them with new policy administration and billing software for various personal lines products based on CodeObjects' next-generation SOA-based architecture.

"As a leader in the insurance market, we are relentlessly focused on ensuring customer satisfaction and brand loyalty through continuously delivering innovative product offerings," said Brent Stahlheber, Senior Vice President and Chief Information Officer for ACG. "Our vision is to have an open, flexible IT platform that will enable us to more effectively meet changing customer needs. We believe we can achieve our business objectives with CodeObjects comprehensive functionality and SOA-based technology architecture."

"We are thrilled to announce The AAA Auto Club Group as a new client," said Anil Annadata, president and CEO for CodeObjects. "This deal represents a great opportunity for CodeObjects to demonstrate the breadth and depth of our PolicyEnterprise and BillingEnterprise solutions as well as the flexibility, scalability, and extensibility of our application platform"

About The AAA Auto Club Group (ACG)
The Auto Club Group is a Michigan non-profit corporation operating in 8 states located in the Midwest/great lakes area of the United States. It is the third largest American Automobile Association ("AAA") club out of 82 affiliated AAA clubs in the United States. ACG is affiliated with Auto Club Insurance Association (a Michigan reciprocal inter-insurance exchange) and its subsidiaries, which underwrite property and casualty insurance products.

About CodeObjects
CodeObjects is a leading provider of adaptable insurance software applications. CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. Its innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. (For more information, visit www.codeobjects.com)

Contacts

Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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EDT

CodeObjects Billing Enterprise helps property and casualty (P&C) insurers optimize multichannel customer interactions, drive operational efficiency, and improve carrier bottom line.

Milpitas, CA, October 1, 2009 – CodeObjects today announces the general availability of CodeObjects Billing Enterprise – the industry's first truly multichannel-enabled billing system designed to support all interactions across employees, customers, and partner networks within the property and casualty (P&C) insurance industry.

Currently, the billing processes in the P&C insurance industry are characterized by labor-intensive exception processing and the use of outdated and inflexible legacy technologies, resulting in high operating expenses, inability to respond to market changes, and lost policyholders and damaged producer loyalty. CodeObjects Billing Enterprise helps carriers overcome these hurdles by providing a full-featured, channel-optimized, billing solution designed to enhance operational efficiency, deliver superior customer experiences, and improve carrier bottom line.

Highlights of CodeObjects Billing Enterprise include: • Flexibility for configuring bill plans, collections, and delinquency activities to meet both agent and customer requirements • Automated billing lifecycle from billing invoices to payment collection through renewals • User workstation for handling customer inquiries and exception processing • Detailed account history of billing, policy, and claim information within a single consolidated screen for superior customer service • Support for multiple payment methods including cash, credit card, lockbox, and EFT • Ability to accept full or partial payments, cash in advance, cash with an application and unidentified cash • Automated generation and assignment of work items for exception process handling • Prebuilt interfaces for integrating with external payment services such as EBPP, EFT, credit card, and lockbox • Designed to integrate with accounting and general ledger systems • Support for online bill inquiry and customer payments through fully integrated out-of-the-box policyholder portal

CodeObjects Billing Enterprise shares the same platform as CodeObjects Policy Enterprise. It can be purchased as a standalone solution and integrated with proprietary systems and third-party applications or can be implemented along with other CodeObjects solutions. Anil Annadata, Chief Executive Officer, CodeObjects stated, "As carriers within the P&C insurance industry strive to respond to rising customer expectations, they are continuously looking for ways to better run their business, retain their customers, and improve their profitability. CodeObjects Billing Enterprise enables insurers to deliver superior customer experience by optimizing interactions between their employees and customers and partner networks across all communication channels. Customers can also take advantage of the openness, flexibility, performance, and interoperability provided by our SOA-based architecture to achieve far greater business agility while future-proofing their technology investment."

CodeObjects Billing Enterprise is built on the same next-generation enterprise platform that enables rapid development of service-oriented enterprise applications using open standards and non-proprietary technologies. CodeObjects Billing Enterprise is SOA-based, allowing all insurance business processes to be invoked as services, including those locked in legacy systems. The flexibility of this high-performance SOA-based billing solution allows insurers to more effectively respond to market changes, improve integration across all internal and external systems, and minimize total cost of technology investment.

"CodeObjects is a key enabler of our business transformation," said Eric Gleason, VP of IT, First American Home Buyers. "Leveraging their solutions, we are now able to manage our operations on a single, flexible, scalable, and extensible platform that supports both billing and policy administration. This has allowed us to streamline our business processes, better adapt to changes in market conditions, and dramatically enhance our customer service."

About CodeObjects CodeObjects is a leading provider of adaptable insurance software applications. CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. Its innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. (For more information, visit www.codeobjects.com)
For customers interested in learning more about CodeObjects products or for more information regarding this press release:

Press Contact

Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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EDT

CodeObjects Policy Enterprise helps property and casualty (P&C) insurers improve underwriting accuracy and efficiency, increase premium revenues, and respond rapidly to business opportunities

Milpitas, CA, April 28, 2009 - The current economic downturn, combined with an increasingly complex and constantly changing business and regulatory environment, has left the insurance businesses more vulnerable than ever to business failures. Meanwhile, challenges around siloed communication channels, disparate systems, and inflexible legacy technologies have resulted in disjointed business processes fraught with operational redundancies and errors, missed business opportunities, and decreased customer and producer loyalty. "Insurers that fail to address their aging policy administration systems will not be able to rapidly adapt to business changes or build and deliver products and services quickly, accurately, and cost-effectively," stated Kimberly Harris-Ferrante, Vice President and distinguished analyst in Gartner Research. CodeObjects today announced the general availability of CodeObjects Policy Enterprise, a next-generation, fully-featured, channel-optimized policy administration solution designed to help policy and casualty (P&C) businesses drive long-term, profitable growth.

"CodeObjects Policy Enterprise is a result of extensive collaboration with some of the largest insurance companies in the world and represents an incredible step forward from current P&C solutions in the marketplace," said Anil Annadata, Chief Executive Officer, CodeObjects. Acting as a complete system-of-record throughout the entire underwriting and policy administration process, CodeObjects Policy Enterprise enables insurance businesses to operate their organizations more efficiently through consistent business processes and shortened cycle times. Featuring automated underwriting rules, channel-optimized user interfaces, and pre-defined workflows CodeObjects Policy Enterprise improves productivity and enhances risk selection while delivering superior customer experiences.

"In the last few years, insurance companies having been facing more pressure than ever to improve their profitability due to global financial crisis, relentless pressure for regulatory compliance, and increasing litigation costs. At the same time, customer satisfaction and producer loyalty continue to erode as insurers are hampered by monolithic and redundant back-end systems as well as inefficient underwriting processes. That's why P&C carriers are investing in modern systems that improve their ability to adapt to changing market dynamics and meet evolving customer needs," said Jeff Goldberg, Senior Analyst, Insurance, Celent. "The CodeObjects software is a new entry to the policy administration market that provides a highly flexible and extensible technology platform for insurers. It represents the current trend away from systems requiring heavy vendor customization to modern, ultra-configurable solutions that provide an easier integration of business processes across multiple core components."

At the core of CodeObjects Policy Enterprise is its next-generation enterprise platform that enables rapid development of service-oriented enterprise applications using open standards and non-proprietary technologies. CodeObjects Policy Enterprise is SOA-based which allows insurance business processes to be invoked as services, including those locked in legacy systems. SOA enables agility in responding to market conditions and competitive offerings, interoperability between application components on different platforms, integration of information across all internal and external systems, thereby future-proofing companies' investment in technology and applications

"CodeObjects is a key enabler of our change strategy," said Eric Gleason, CIO, First American Home Buyers Protection. "Their model-driven product development approach and highly scalable, extensible, open standards-based platform have helped us transform our entire business and given us greater ability to adapt to future changes." With CodeObjects Policy Enterprise, P&C carriers will be able to improve their bottom line through: • Improved accuracy and efficiency of underwriting and processing staff • Increased "ease of doing business" for all distribution channels • Superior risk selection and true "insure to value" • Enhanced financial visibility • Better customer retention • Lower training costs due to intuitive and easy to learn user interface • Shortened cycle times in policy issuance • Accelerated speed to market with product introductions and product changes • Seamless migration to future technology • Reduced implementation and maintenance expenses

"Improving financial performance and rapidly adapting to changing business environment has become a top challenge for insurance companies worldwide. They must transform their approach and adopt solutions that can help them enhance the accuracy and efficiency of sales, underwriting, and processing staff while providing them with the flexibility and agility they need to stay competitive," commented Annadata. "With our 100 years of combined experience in building and implementing enterprise-class solutions, CodeObjects is uniquely positioned to help P&C carriers achieve that transformation. By extending our leadership in addressing the complex challenges that insurance businesses face, we will help them improve profitability, deliver superior customer service, and capitalize on new opportunities."

About CodeObjects
CodeObjects is a leading provider of adaptable insurance software applications. Founded in 2006, CodeObjects is dedicated to helping insurance companies drive business efficiency, adapt to market change, and increase profitability and growth through its next-generation, best-practice enterprise software applications. Its innovative, adaptive, and open architecture future-proofs enterprises' investments in technology and infrastructure, thereby helping them grow their businesses and transform into agile and customer-centric organizations. For more information, please visit www.codeobjects.com.

Press Contact

Michael Kolar
VP, Product Marketing
CodeObjects, Inc.
(248) 534-8480
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