FergTech Releases Version 3 of Auto ID Card Software

California Uniform Insurance Card and VIN decoding among many new features

DARIEN, CT, March 1, 2004 – FergTech, Inc., a leader in automobile insurance compliance software and services announced today the release of the updated and enhanced version of AutoIDweb, its flagship product for producing Auto ID Cards. AutoIDweb is a Web service that provides fast, standards-based integration to applications that require the ability to produce Auto ID Cards. The new version of AutoIDweb extends the capabilities of AutoIDweb in many areas including data input and validation, output grouping and sorting, compliance updates, and User customization.

Some of the new and improved features of AutoIDweb Version 3 include:

· California Uniform Insurance Card

· New Jersey card revisions

· Window-envelope mailing address printing

· Lessor information printed in addition to Named Insured/Registrant

· Vehicle Identification Number (VIN) validation and decoding of Year, Make, and Model to ease and improve accuracy of data-entry

· Issuing Insurance Company lookup prefills Company Name and state-specific Company numbers

· Print output sorting (State, VIN, Internal Vehicle ID, Mailing Location)

· Custom Card Message - customized text can now appear on ID Cards

· Automatic card quantity determined by vehicle’s registration state

“Using AutoIDweb dramatically reduces compliance and software maintenance costs of our customers” comments Bruce Ferguson, President, FergTech, Inc. “We provide insurance companies, brokerage firms, general agents, and software vendors with a powerful tool in which they can lower operating costs and improve customer and satisfaction”.

AutoIDweb has been successfully implemented in conjunction with policy administration systems, call-centers, Agent portals, and Automobile Liability Insurance Reporting (ALIR) systems. AutoIDweb is distributed in three editions - Enterprise, SelfServ, and Valet).

For a complete list of the new features and enhancements included in AutoIDweb Version 3, please visit the FergTech website (http://www.fergtech.com) or contact FergTech at (888) 627-7807.

About FergTech, Inc.

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

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