Press Releases

Seitlin Deploys ProspX Technology to Enhance Opportunity Management and Collaboration

Top Insurance Broker to Streamline Sales Processes and Harness Collective Knowledge

AUSTIN, Texas – March 25, 2009 – ProspX, Inc., the leader in collaboration and automation solutions for the commercial insurance industry, today announced that Seitlin, one of the largest privately owned independent agencies in the United States, is deploying the ProspX platform to improve opportunity tracking, sharing, and collaboration across its organization.

Seitlin is implementing ProspX across its three South Florida office locations, including Miami, Ft. Lauderdale, and Palm Beach. After considering other systems, Seitlin selected ProspX for its comprehensive yet easy-to-use multi-party sales collaboration capabilities and its specific focus on the commercial insurance industry.

“ProspX has created a solution that makes us more efficient and allows us to fully leverage the collective brain trust of our company,” said Tom Cornish, president and CEO of Seitlin. “While doing so, they’ve designed a system that is simple for our brokers to learn and use every day.”

As a $500 billion a year market, the commercial insurance industry provides services for hundreds of thousands of customers worldwide. To improve the flow of business for these customers, ProspX has developed an on-demand collaborative enterprise search application designed to automatically connect commercial insurance agents, brokers, and carriers at the initial point of opportunity.

“Seitlin recognizes that sales productivity increases when people are empowered, connected and have the best knowledge and insight available at their fingertips,” said Todd Young, president and CEO of ProspX. “That’s why our solution is proving popular with sales people on the street who use it every day to do their jobs as well as the management team.”

As the exclusive South Florida partner for Assurex Global, Seitlin will also participate in the XpertConnect™ initiative. The initiative uses the ProspX platform to connect Assurex Global’s broker, agency, and carrier partners in over 80 countries around the world. XpertConnect participants have on demand access to thousands of agency and carrier resources in real-time.

For more information on ProspX solutions for the commercial insurance industry, visit www.prospx.com.

About Seitlin

Founded in 1945, Seitlin is one of the largest privately owned independent agencies in the United States. As the exclusive South Florida partner for Assurex Global, an international partnership of independently owned agencies, Seitlin delivers the buying power of a combined $28 billion in premium and access to the world’s insurance markets. Learn more at www.seitlin.com.

About ProspX, Inc.

Built for the commercial insurance industry by insurance professionals, ProspX, Inc., headquartered in Austin, Texas, develops on-demand sales collaboration platform that improves productivity and streamlines communications between agencies, brokers, and carriers. Combining the best of enterprise search, social networking and sales collaboration technology, ProspX gives brokers quick and easy access to the critical internal resources available for new and renewal business, while allowing carriers the ability to elevate their message for increased visibility at the initial point of opportunity. For more information please visitwww.prospx.com and follow ProspX on www.twitter.com/prospx

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ProspX is a trademark of ProspX, Inc. All other company and product names mentioned are used only for identification and may be trademarks or registered trademarks of their respective companies.

Media Contact:

Heidi Johnson
For ProspX
heidi.johnson@virtualprdirector.com
(512) 493-0909