Specialized Business Software Exceeds Projections for 2012

Shows higher revenues; completes major custom software projects for variety of clients

CLEVELAND--(BUSINESS WIRE)--Specialized Business Software, a provider of custom software solutions for insurance, mortgage and financial services companies, has experienced several important milestones in 2012, including exceeding projected company revenues by 20 percent.

“Our success is a reflection of our commitment to provide quality custom technology solutions that meet the evolving needs of our clients, such as our EDI X12 processing capabilities or the Lender Placed Policy Management System”

Specialized Business Software also enhanced its Docunym Enterprise Document Management solution with additional workflow management capabilities to enable users to log into a digital dashboard and simultaneously view multiple documents, such as insurance and appraisals in electronic job folders. Other 2012 highlights include the following software systems for specialty insurance programs:

• The addition of EDI X12 processing capabilities to enable insurance tracking companies to load mortgage and auto insurance data received in the X12 standard into their tracking systems
• The completion of a Lender Placed Policy Management System for a national insurance company to help their agencies and insureds to manage risk on their uninsured collateral
• The enhancement of a Captive Insurance Management System to enable risk retention groups of health care providers to securely manage their data and process underwriting information more efficiently

“Our success is a reflection of our commitment to provide quality custom technology solutions that meet the evolving needs of our clients, such as our EDI X12 processing capabilities or the Lender Placed Policy Management System,” said Steve Wiser, president and founder of Specialized Business Software.

About Specialized Business Software

Since 1999, Cleveland-based Specialized Business Software has developed custom technology solutions for insurance, mortgage and financial services companies to enable them to improve business processes, operate more efficiently and increase profitability. SBS’ custom technology solutions automate routine tasks on behalf of the user, eliminating the need for spreadsheets and manual processes. For more information, please visit www.specializedbusinesssoftware.com. For more information on Docunym, please visit www.docunym.com.