10639 Welch Road
Orient, OH 43146
Phone 614.344.4640
Fax 201.792.0785
www.peakpsi.com

CONTACT:
Peak Performance Solutions, Inc.
Matthew Abbitt
mabbitt@peakpsi.com
614.344.4645

Peak Performance Acquires Envision Technology Solutions to Expand its Product Line of Mature, Proven Insurance Processing Solutions

Acquisition supports company’s goal to offer the industry’s most complete end-to-end insurance technology solutions, and is a perfect compliment to the recent PolicyPointe acquisition

Columbus, OH – March 6, 2006:  Peak Performance, a leading provider of insurance technology solutions for the property and casualty insurance industry, announces the acquisition of Envision Technology Solutions, of Salt Lake City, Utah.

Envision Technology Solutions  (www.envision-ts.com) is an established company providing a broad array of tools for insurance professionals in the fields of risk management, claims administration, and safety.  Envision’s tools are in use by TPA’s, self-insured’s, and other organizations that are leaders in their industries.

Envision’s core solutions include:

• RiskEnvision – A suite of modular RMIS tools designed to assist risk managers, claims administrators, and decision makers in recording, managing, and analyzing claim and incident information, including Loss and Funds Management, Litigation Tracking, Diary, Checklists, and Document Links.

• WebEnvision – A web-based incident reporting tool suitable for use with all lines of coverage. Designed to handle 24/7 real-time incident report entry using a conventional browser.

• CompVision – Easy-to-use claims management software for organizations that don’t require a full RMIS package - currently in use by nearly one hundred clients.

• ASPEnvision – A complete RMIS solution for organizations that prefer to outsource their hardware, software, and database management functions.

Envision also provides Custom Development, Data Conversion, Implementation Project Management, Application Hosting and offers annual User’s Conference Training to the risk management industry.
           
Envisions Technology’s products are added to Peak Performance’s suite of proven solutions, supporting single point of service processing of insurance administration functions through a variety of web services. This acquisition demonstrates Peak Performance’s commitment to delivering proven, high-value, end-to-end insurance processing solutions to the insurance industry.

“This is an exciting time for Envision and our clients” said Scott Harper, President of Envision Technology Solutions. “The combined resources of Peak Performance and Envision will enable us to strengthen our position in the industry. This new team will be able to provide our current and future clients with solutions that have not been possible in the past.”

Michael Osheroff, Sr. VP of Business Development for Peak Performance commented “The acquisition of Envision Technology Solutions is a terrific fit with last month’s acquisition of PolicyPointe.  Both of these systems represent best of breed in their respective markets, and by putting them together, we will soon be able to offer a complete end-to-end web-based processing solution.”  

About Peak Performance
Founded in 2004, Peak Performance is an end-to-end insurance process solution provider offering Property & Casualty insurance organizations one-stop shopping for technology solutions and services that deliver measurable and defendable ROI, from reduced operating costs to improved loss ratios.  Our unique approach combines mature and proven software solutions with web services and other modern technologies to redefine end-to-end processing.  Others look to end-to-end as little more than automating processes from policy and claims, while we extend the definition to include streamlining processes throughout the entire operation.