Sun Life Financial Selects New Version of NaviSys Front Office™ Illustration Solution

Improved, web-based illustration platform will accelerate new product introduction and streamline the sales process for producers and consumers

EDISON    , NJ  (March 2, 2004) – NaviSys, Inc. today announced that Sun Life Financial has contracted for NaviSys Front Office™ illustration software.  Sun Life Financial’s producers will use the software to propose term, whole life, universal life and variable universal life products to their clients.

Leonard E. Scholl, Jr., AVP Individual and Small Business Marketing at Sun Life Financial, said, “The new, web-based illustration system is part of Sun Life Financial’s commitment to provide our customers with innovative products. Sun Life selected NaviSys’ proven, modern technology to speed products to market, improve productivity, improve customer service and save ongoing maintenance costs. Because the solution is web-based, producers won’t have to wait to receive software updates on CDs each time we add new products or make changes to existing products. In addition, NaviSys’ illustration software will enable us to maintain our product libraries on our own.”

Sun Life Financial will migrate its products to the new software by Summer 2004. Web implementation is scheduled for October 2004.

John Gorman, executive vice president of Front Office solutions, said: “By recognizing the importance of updated technology to business growth, Sun Life Financial is in the forefront of the industry. We are pleased that Sun Life Financial continues to choose to work with NaviSys to streamline business processes and simplify its technology platform.”

Other features of NaviSys Front Office™ illustration software: 

• User-friendly, browser-based interface
• Usable online or offline
• Platform-neutral technology
• Supports basic illustrations, solves, advanced markets and special product features
• Presents desktop-publishing quality reports and graphics as .pdf files
• Works seamlessly with other NaviSys Front Office and Home Office components, including electronic applications, underwriting, case management and policy administration, for true straight-through processing.

Forty of the leading North American life insurers use NaviSys’ illustration systems.

About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing a diverse range of wealth accumulation and protection products and services to individuals and corporate customers. Tracing its roots back to 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of December 31, 2003  , the Sun Life Financial group of companies had total assets under management of US$278 billion.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under ticker symbol SLF.

About NaviSys

Leading life insurers rely on NaviSys to streamline, simplify and transform their businesses. From front-line sales to back-office administration, we deliver advanced technology solutions that improve your operations, reduce IT costs and sharpen your competitive edge. We provide the talent, vision and commitment to help your business succeed.

Our platform-neutral software solutions and strategic counsel empower life insurance carriers and distributors to create, distribute and administer insurance products through multiple channels. Seventy-five percent of the largest domestic life and health insurers and over ninety percent of the top annuity providers are NaviSys clients. Companies such as AIG/American General, Guardian Life, Prudential, AIG/SunAmerica, TIAA-CREF and Western Southern rely on NaviSys’ pre-built and customized solutions. NaviSys has offices in Edison  , New Jersey  and Ambler, Pennsylvania . www.navisys.com