BCF Technology Announces The Hartford’s Implementation Of Transit-WS Platform

Charlotte, NC (January 20, 2005) - BCF Technology, Inc., a leading provider of web services, integration & aggregation of data, competitive intelligence information, and single sign-on technology solutions for insurance and financial services announced today that The Hartford Financial Services Group, Inc., one of the largest financial services and insurance companies in the U.S., has implemented the BCF Technology TRANSIT-Web Services (WS) platform.

Fred Covely, Chief Technology Officer of BCF Technology commented, "Our new Transit-Web Services (WS) technology can dramatically reduce implementation time and cost.  We have demonstrated our ability to bring powerful new technical capabilities to the traditional AL3/XML/Web Service arena.  The ability to quickly implement a Web Service transaction without requiring an insurer to modify its current applications in any way is a capability we have spent two (2) full years working on -- to finally see it working is a thrill.  We remain committed to driving implementation and transaction costs lower."

Frederick Waite, President and COO of BCF added, "We see a consistent challenge across the insurance industry.  Creating an open Web Services architecture without rebuilding their applications from the ground up is a common problem that can be very time consuming and costly to an insurance carrier.  BCF was able to create the ACORD based Web Service in five (5) weeks while leveraging their existing applications.  We are confident this is the first of many projects to come that will leverage the TRANSIT-WS platform’s ability to complete large scale Web Services projects at a fraction of the time and cost it would normally take our clients."

About BCF Technology

BCF Technology is a leading provider of web services, integration & aggregation of data, competitive intelligence information, and single sign-on technology solutions for the insurance and financial services sectors.  For information about BCF’s products and services, email [email protected] or visit our web site at www.bcftech.com.

Contact:
Frederick Waite
President and COO, BCF Technology
705.655.2660
[email protected]