Exstream Software and Guidewire Software Announce Alliance

Companies Join Forces to Deliver End-to-End Document and Policy Administration Solution for Property and Casualty Insurers

LAS VEGAS, May 23, 2006:

Exstream Software, Inc., provider of the industry-leading Dialogue software for enterprise personalization, and Guidewire Software, a leading provider of modern technology solutions for property and casualty and workers' compensation insurers, today announced a co-marketing partnership that teams the companies to deliver a web-based policy administration system to streamline insurers' document creation needs.

Exstream's Dialogue software provides a single platform for enterprises to design, manage, and deliver fully personalized business communications of all types for high-volume, on-demand and interactive delivery. Customers of Guidewire PolicyCenter, a web-based policy administration system, can leverage Dialogue for policy issuance, forms management, and other complex document creation needs. Through this partnership, Guidewire customers can receive the benefits other Dialogue customers have experienced, including up to 80 percent lower document development and production costs and up to 85 percent faster delivery of critical communications.

"By joining forces with Exstream, we are better positioned to serve insurers who want to move away from legacy policy systems and streamline their communication processes," said Priscilla Hung, vice president of alliances at Guidewire Software. "Our shared customer focus will provide invaluable support to property and casualty insurers as they face the challenge of responding to changing business requirements."

"We are very excited about the opportunities this partnership brings," said Michael Charest, vice president of insurance solutions at Exstream. "Celent, a research and advisory firm focused on information technology, ranked both companies as market leaders in the property and casualty space. The combination of Exstream's market-leading Dialogue enterprise personalization solution and Guidewire's comprehensive policy administration software will give insurance companies the ability to streamline policy administration processes, reduce production costs, and enhance the quality of their customer communications."

About Exstream Software

Headquartered in Lexington, Kentucky, USA, Exstream Software provides a single platform for businesses around the world to create and manage higher quality, fully personalized communications of all types for delivery through batch, real-time and interactive channels. Companies in the financial services, insurance, service provider, telecommunications, utilities, hospitality, government and other industries benefit by getting communications to market as much as 85 percent faster, reducing document production costs up to 80 percent, and as much as tripling customer response. For more information about Exstream Software and its market-leading Dialogue enterprise personalization software, visit www.exstream.com, or contact Exstream at 859-296-0600 or info@exstream.com.

About Guidewire Software

Guidewire Software is a provider of core system software to the global Property/Casualty (general) insurance industry. Designed to be flexible and scalable, Guidewire solutions give insurers the capability to deliver excellent service, increase market share and lower operating costs. Guidewire InsuranceSuite™, consisting of Guidewire PolicyCenter®, Guidewire ClaimCenter® and Guidewire BillingCenter® spans the key functional areas in insurance – underwriting and policy administration, claims management, and billing. Guidewire is headquartered in San Mateo, California, with offices in Beijing, Dublin, Hong Kong, London, Munich, Paris, Sydney, Tokyo, and Toronto. For more information, please visit www.guidewire.com.