FOR IMMEDIATE RELEASE:

 

FergTech Software Revolutionizes Workers’ Compensation Posting Notices

New software and compliance service streamlines Posting Notice issuance for Insurers

 

Darien, CT – October 31, 2006 – FergTech, Inc. today announced the launch of PostingNotice.com™, a Web application that enables insurance professionals and businesses to quickly and easily produce state-required Workers’ Compensation “Notice to Employees” posters (“Posting Notices”).  PostingNotice.com is the first comprehensive Web-based software service for creating compliant, on-demand, and data-complete Posting Notices.

 

PostingNotice.com provides the ability to enter or import data about the policy, office locations, and claims processing relationship to instantly produce data-complete, state-compliant posters.  “PostingNotice.com revolutionizes the way that Posting Notices are produced and distributed by printing the entire poster – form and data – using a color laser printer” said Lynne Somerville, Vice President of Marketing at FergTech.  “Prior to PostingNotice.com, insurers and businesses were reliant upon an inventory of hundreds of different mail-ordered posters and applying data via stickers.”

 

With regulations from over fifty jurisdictions in the United States for employers and insurers to comply with, PostingNotice.com is a long-awaited new product that reduces the compliance burden, operational inefficiencies, and cost associated with producing and distributing Notices/Posters.  FergTech keeps PostingNotice.com software up-to-date with changing regulations while Users receive the most current version of a jurisdiction’s Notice/Poster.

 

Access to PostingNotice.com can also be granted to the employer/insured to streamline data-entry and distribution of posters.  PostingNotice.com can be integrated into an insurance company portal to provide a 24/7, on-demand, customer-service offering.

 

PostingNotice.com can be accessed from anywhere on the Internet at any time.  FergTech also offers an outsource fulfillment option for large, multi-office/location insureds whereby FergTech’s staff produces and distributes the Notices/Posters. The forthcoming PostingNotice.com Enterprise Edition is a Web service that provides integration with existing corporate systems via XML.

 

For more information about PostingNotice.com visit www.PostingNotice.com or call (888) 627-7807.

 

About FergTech, Inc.

FergTech designs, develops, and markets insurance compliance software solutions and is based in Darien, CT. For more information about FergTech products, call (888) 627-7807 or visit www.fergtech.com

 

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PostingNotice.com is a trademark of FergTech, Inc.  All other names are used for identification purposes only and may be trademarks of their respective owners.

 

 

CONTACTS:

Lynne Somerville

FergTech, Inc.

Tel: (888) 627-7807

Fax: (775) 256-3185

email: lynne.somerville@fergtech.com

http://www.fergtech.com

Neha Mukherjee

Bliss, Gouverneur & Associates, Inc.

500 Fifth Avenue, Suite 1010

New York, NY 10110

Tel: (212) 840-1661

Email: neha@blisspr.com

http://www.blisspr.com