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For Immediate Release

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Castek Named Finalist in Branham Awards
Insure3 Family of Insurance Software by Castek One of Three Finalists for Top Product Launch of the Year

TORONTO – September 4, 2001 – Castek, a provider of software systems for financial services organizations, was named one of three finalists for the Top Product Launch of the Year Award by The Branham Group.  The product highlighted is Castek’s Insure3 (insure cubed) family of insurance software for Property & Casualty insurers.

Castek’s Insure3 is a family of flexible, core business handling software for property/casualty (P&C) insurance carriers. Insure3 directly enables the business users and takes information technology off the critical path of strategic corporate initiatives.

The Branham Awards are designed to showcase and celebrate the growth and success of Canadian Information Technology (IT) companies.  These are the first annual Branham Awards honouring Canadian IT companies and their achievements in several areas over and above revenue.

“The Branham Group is well known and respected for publicly recognizing true excellence and skill of Canadian IT firms,” said Yung Wu, Chief Executive Officer  “We are greatly honoured to be a part of this exceptional program.”

The inaugural Branham Awards Gala will be held on September 26th, 2001 This premier national event will attract Canada's best companies and the brightest entrepreneurs. The award recipients will represent those companies that have 'over-achieved' in delivering value to the market and realizing their objectives.

About Branham Group Inc.
As a Canadian-based company, Branham has been keenly interested in raising the visibility of and recognizing excellence in the Canadian Information Technology industry.  Since its inception in 1990, Branham Group Inc. has been providing "Go-to-Market" consulting services to global information technology companies in Canada and worldwide. For more information about Branham Group, readers can visit their web site www.branhamgroup.com.


About Castek
Castek Software Factory Inc. specializes in the creation of strategic, business software for the financial services industry, with a specific focus on property and casualty insurance.  Founded in 1990, Castek is recognized for its advanced, flexible core business processing systems. Castek was named to the Top 100 Independent Canadian Software Companies in the Branham 300 rankings. For more information, readers can visit the company’s Web site at www.castek.com.

NOTE TO MEDIA: In the product name Insure3, the 3 should be superscripted.