e-SURETY™ LICENSES REACH RECORD LEVELS IN 2002

e-SURETY™ is the “must-have” tool to cope with rapidly changing Surety marketplace

February 25, 2003 -- Lake Mary, FL

Focus!...on Innovation announced today that the number of “paid” licenses of its flagship e-SURETY™ product reached record levels in 2002. Daniel T. Buckles, president and CEO, stated, “Our total commitment to Web-based automation solutions for the Surety industry has been very rewarding, but we have only begun to scratch the surface of the growing demand for e-SURETY™’s capabilities.”

Buckles continued by saying, “At this moment the Surety industry is at a critical inflection point. Conditions have changed dramatically, and what was an acceptable approach to underwriting and managing risk just eighteen months ago is unacceptable today. While we see many companies deciding to “ride out” this storm by adopting a wait-and-see attitude, we are excited by the number of companies who are taking an opposite approach. These forward-looking companies see opportunity in this changed environment and are adopting Web-based methods and processes which will allow them greater flexibility in their offerings as well as unprecedented insight and access to their entire book of business.”

“We see 2003 as another record breaking year for e-SURETY™,” Buckles continued, “as more and more companies reject internally developed solutions as far too costly in terms of investment dollars and time-to-market opportunity costs. e-SURETY™ is a proven product with an average start-to-production time of about ninety days and whose total out-of-pocket costs are typically repaid in under one year.”

e-SURETY™ is the only surety bond automation system available to insurance companies and large agencies that provides a completely Web-based underwriting decision product for Contract and Commercial Surety bonds with the capability of managing the entire bond writing process from beginning to end; including application, payment, underwriting, issuance, financial analysis and renewal.

Headquartered in suburban Orlando, Florida, e-SURETY™ creator Focus!...on Innovation, Inc. specializes in developing completely Web-enabled solutions for the surety bond industry. For more information regarding e-SURETY™ Contract or e-SURETY™ Commercial, please visit their Web site at www.e-SURETY.NET.

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