Michael Walther to lead global launch as new CEO of XDimensional Technologies

Sponsored Content September 16, 2004

XDimensional Technologies, Inc. announced today that Michael Walther has joined the company as Chief Executive Officer and Chairman of the Board. “Nexsure, the world’s first Web-architected insurance agency management solution is gaining rapid market acceptance and adding to its broad user base. In the past two months XDimensional has launched its new 1.2 release followed by the endorsement of Nexsure by The Council of Insurance Agents and Brokers (The Council). Timing is perfect to add a veteran CEO that has successfully launched global customer focused Internet solutions,” said Bob Juracka, President.

Mr. Walther brings over 20 years of corporate officer experience in the private and public technology sectors. Prior to XDimensional, Mr. Walther held the CEO position at Centor Software, a pioneer XML application provider to Fortune 500 companies including General Motors, Ford, and NASA. In 1999, Mr. Walther joined Stamps.com (NASDAQ: STMP), and as senior vice president of operations led the launch of the world’s first Internet postage offering, serving over 300,000 customers. Other president and C-level appointments include Artios, Debisys, Mineshare, and Thinque Systems. His teams have consistently earned recognition and received awards from Forbes, Yahoo, PC Magazine, PC Computing, and Entrepreneur’s Magazine.

“I just attended XDimensional’s annual Insurance Technology Summit in Hartford and experienced an excitement level from independent insurance agents, both customers and prospects, that truly exemplifies the market’s desire to leverage Internet technology to expand their potential by extending the dimensions of their agency management system,” said Walther. “The audience listened to Microsoft reinforce XDimensional’s leading role by stating that Nexsure has shown that it is not only an innovative Web-based agency management system, but a communications platform, helping to lead the industry in standard Web services and XML. My charter is to build on that foundation to insure that Nexsure accelerates each of our customer’s success. Wireless communications and the Internet are dynamically changing their business demands and everyone is learning as they go. Near term priorities for me are to empower our customers in a Nexsure User’s Group to share ideas and productivity gains with each other and with XDimensional, and to assemble a select group of industry leaders to advise XDimensional’s management and the Board.”

Ray Sprague, the EVP P/C Strategic Business Development at The Hartford and lead XDimensional board member, chaired the CEO recruitment committee. Ray states, “Michael’s history of successful execution and deep understanding of growing technology companies is ideal as XDimensional enters the global stage of market introduction. His companies have consistently embraced customers resulting in product adoption reaching defacto standard levels across the world. We are delighted to add his leadership to XDimensional.”

About XDimensional Technologies, Inc.

XDimensional Technologies, Inc. (www.xdimensional.com) based in Brea, CA, develops and markets Nexsure™, a Web-architected insurance agency management solution that connects agents, carriers, brokers and policyholders driving efficient business production, superior customer service and insightful business management. Nexsure offers robust contact management, sales force automation, advanced work flow, standard (property and casualty, life and health, benefits) and custom lines of business, policy life cycle management, CRM, and multi-office accounting and reporting. Nexsure is a scalable, Web-based Microsoft .NET application with built in Web services, data processing and transactional capabilities. Nexsure provides unmatched ease of use, scalability and information availability to help insurance agencies achieve their business goals. XDimensional Corporate Headquarters is located at 145 S. State College Blvd, Suite 160, Brea, CA 92821, tel: 714-672-8960, fax: 714-672-8908.

Contact:

Mr. Warren Long, VP Marketing
XDimensional Technologies
714-672-8960
Warren.long@xdti.com

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