The Schul Group Partners With ProspX To Help Companies Improve Sales Productivity, Performance

AUSTIN, TX – January 31, 2012 – ProspX, Inc., developer of the first on-demand sales collaboration and business intelligence solution for the commercial insurance industry, today announced that The Schul Group, a leading risk and insurance professional services consulting firm, will leverage the ProspX platform within its learning and advisory practices.

The Schul Group clients will have access to ProspX InsiderConnect™, the first electronic marketing solution to deliver targeted insurance industry, line-of-business, and carrier specific news and updates to agents and brokers who are actively working on related new and renewal business opportunities. The offering will also enable The Schul Group clients to receive exclusive content such as sales insights and strategies via InsiderConnect.

"During my 31 years leading multiple global and national sales organizations, there was a complete lack of tangible sales tools that would allow my teams to quickly grab key business intelligence relevant to the new and renewal business they were working on," said Patrick Schul, CEO of The Schul Group. "We are very excited to now have access to such a valuable solution that can help our clients streamline communication, boost productivity and ultimately accelerate revenue growth. We are especially excited to include the ProspX solution as a key element of our new FirstSteps™ program which will provide our clients with an innovative approach for successfully bringing high potential, nonconventional producers into their organization."

"We are excited that our platform is the channel that The Schul Group has chosen to incorporate into their recruiting and training programs," said Todd Young, president and CEO of ProspX. By combining our technology innovation with their FirstSteps program and their firm in general, we make it possible for customers to harness the best relationships, intelligence, and resources available for the benefit of their clients."

ProspX streamlines communication between insurance agents, brokers, and carriers for the ultimate benefit of the client. The ProspX collaboration platform facilitates the real-time sharing and exchanging of critical information and intelligence as it relates to specific classes of risk, types of exposure, and clients. ProspX InsiderConnect, is the first electronic marketing solution that delivers targeted insurance industry news and carrier updates to agents, account executives, CSRs and marketing executives who are actively working on related new and renewal business opportunities. For more information on ProspX solutions for the commercial insurance industry, please visit www.prospx.com

About The Schul Group

The Schul Group is a professional services firm, focused on helping clients generate accelerated revenue growth. In addition to their new FirstSteps™, the firm also provides clients in the risk and insurance, professional services, and other related industries with assistance in the design and execution of growth-oriented learning programs for client-facing colleagues; in developing sales and marketing organizations and strategies; and in facilitating agency acquisitions. To learn more, please visit www.schulgroup.com.

About ProspX

ProspX, Inc. develops the industry leading social business platform for managing the complex, multi-party sales process of the $500 billion commercial insurance industry. Built for the commercial insurance industry by insurance professionals, the ProspX platform gives brokers quick and easy access to the critical information and resources relevant to the new and renewal business they are working on, while allowing carriers the ability to elevate their message for increased visibility at the initial point of an opportunity. For more information, please visit us at www.prospx.com, follow us on Twitter at www.twitter.com/prospx and like us on Facebook at www.facebook.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:

Jill Ford
jill.ford@prospx.com
(512) 419-9970