KIRYAT BIALIK, Israel and LAS VEGAS, Feb. 8, 2005 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:ITDJ), a provider of enterprise software aimed at small-and medium-sized enterprises, today announced that it closed a contract with Aminut Express, an insurance support subsidiary of one of Israel's largest insurance companies.
ISD's BENEFIT will be replacing a well-known CRM system that has been in use by Aminut Express for many years. BENEFIT has proven to be very simple and flexible to operate and Aminut is now able to create critical real-time reports, something that the Pivotal system was unable to offer.
Aminut Express provides auxiliary support services to over 250,000 car insurance policy owners working with Phoenix in Israel. Because Aminut has a complex array of services and clients, their existing CRM system did not provide the solutions that they needed.
"Benefit gives Aminut Express the power and structure it needs to service their existing customer base and significantly expand their operations," comments Moti Maram, CEO of ISD. "We view this application as an important first step in the insurance industry, which we view as a huge vertical global market. This contract is all the more important because it gives us the opportunity to prove ourselves with one of the largest insurance companies in Israel."
BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. BENEFIT includes many CRM functions serving the needs of organizations for greater internal efficiency, cost control, and customer service quality.
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that enables small-and medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries.
For more information, please contact Joel Gering, at 011-972-52-398-3374 or invest@isdsoft.com or visit us on the Web at http://www.isdsoft.com.
Forward-Looking Statements
Certain statements in this news release may contain "forward-looking" information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.