For Immediate Release
Castek Wins Award for
Top Product Launch
Insure3 Family of Insurance Software by Castek
winner of Branham Award for Top Product Launch of the Year
TORONTO – September 27, 2001 – Castek Software
Factory, Inc., a provider of software systems for financial
services organizations, today announced that it was
honoured the “Top Product Launch of the Year Award”
by Branham Group Inc. for its Insure3 (insure
cubed) family of insurance software for Property &
Casualty insurers. The award was announced and presented
at the inaugural Branham Awards Gala in Ottawa on September
26th, 2001.
Castek’s Insure3 is a family of flexible,
core business handling software for property and 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. This premier national event attracts
Canada's best companies and the brightest entrepreneurs.
These are the first annual Branham Awards honouring
Canadian IT companies and their achievements in several
areas over and above revenue.
“It is wonderful to see a company such as Castek succeed.”
said J. Wayne Gudbranson, President & CEO of Branham
Group Inc. “They work hard to bring reputable business-critical
solutions to markets like the insurance industry.”
“This award holds special meaning for us because it
is a symbol of all that we have fought so hard to achieve,”
said Yung Wu, Chief Executive Officer of Castek “In
spite of an incredibly challenging technology and capital
market environment this year, we succeeded in transforming
our business, launching a cutting-edge product and achieving
market success.”
“This could not have happened without the steadfast
support and backing of all of Castek's stakeholders.”
continues Wu, ”I would like to acknowledge the faith
of our launch customers, our shareholders and investors
and, I would like to express my most heartfelt thanks
to the Castek Team. We've taken the high road, from
the earliest years through to an opportunity to build
an amazing Canadian success story in the global market
place. This award is for you.”
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.