Skywire Software and Guidewire Software Announce Alliance to Provide Leading Rating and Underwriting Capabilities to Streamline Policy Administration Process

Guidewire PolicyCenter Customers Can Take Advantage of Skywire Software's InsBridge Web-based Rating System

LAS VEGAS, May 22, 2006:

Guidewire Software®, a leading provider of solutions to property and casualty and workers' compensation insurers, and Skywire® Software, a diversified software company with a focus on the insurance and financial services industries, today announced the formation of a strategic alliance.

Through this partnership, Guidewire is able to provide its customers an easy-to-use Web-based rating and rules system for all lines of business. Skywire Software's InsBridge™, helps carriers manage complex, company-specific rating processes, analyze the impact of rating and underwriting changes, deploy logic in a disciplined and consistent manner, and make results available to Guidewire PolicyCenter™ users. PolicyCenter is a 100% Web-based policy administration system.

Together, Guidewire and Skywire Software offer enhanced decision-making capabilities to help insurance carriers provide consistent rates and achieve a competitive market advantage with an end-to-end complete policy administrative system. InsBridge enhances PolicyCenter's rating and rules capabilities with the ability to perform elaborate and complex rating, rules and underwriting logic with supreme accuracy.

"By joining forces, Skywire Software and Guidewire are better positioned to service insurers who are taking a hard look at replacing their policy administration systems" said Priscilla Hung, VP of Alliances, Guidewire Software. "Our companies share customers who have expressed a desire to leverage our Web-based solutions to further enhance productivity."

"With new strategies like SOA and Web Services, insurers have more options to purchase best-of-breed components and 'wire' them together," said Wendy Gibson, Chief Operating Officer, Skywire Software. "Together we help insurers succeed in today's competitive environment by offering a unique blend of improved rating accuracy and end-to-end policy administration."

Skywire Software's InsBridge is a Web-based rating, rules and underwriting system for all lines of business, which allows business users the ability to create, deploy and manage complex rates and rules with a supremely accurate rating engine in an easy-to-use environment. InsBridge's flexibility allows deployment on multiple platforms and the tool-based system is easy-to-use for business users and proven to increase speed-to-market.

Guidewire PolicyCenter manages all underwriting and policy administration processes, including new policy applications, quoting, renewals, changes, cancellations, and reinstatements. Underwriters use PolicyCenter to manage submissions and existing policies, manage producer relationships, generate correspondence, and gain visibility into the key drivers of underwriting performance.

About Skywire Software

Skywire Software is a diversified enterprise software provider. With more than 300 customers worldwide, the Frisco, Texas-based company is focused on "Building Customers For Life." Founded in 2000, Skywire Software is a subsidiary of Hall Financial Group, a privately held investment firm with diverse holdings in the United States and Europe. For more information, visit www.skywiresoftware.com or call 1-866-844-8780.

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.