WhiteLight and LOGISIL Enter Into Global Alliance

WhiteLight Systems, a leading provider of next-generation analytic applications, announced it has entered into a cooperative marketing alliance with LOGISIL, an international software and services company based in Montreal. With its extensive experience in providing business intelligence solutions to the insurance, financial and government sectors, LOGISIL will provide professional services such as business intelligence systems design and integration consulting as part of an implementation plan that introduces the WhiteLight Analytic Application Suite into a company's business processes.

"WhiteLight's Analytic Application Suite has been recognized by leading global insurance companies and financial institutions as the platform of choice for transforming very large data sets into actionable predictive models, bringing positive results to the bottom line," said Dennis McGinn, chief executive officer of WhiteLight. "Through our alliance with LOGISIL we gain strong vertical expertise, as well as seasoned and expert consultants. Together, WhiteLight and LOGISIL will support international implementations of the industry's leading analytic platform."

The alliance brings together WhiteLight Systems' renowned analytics platform with LOGISIL's team of IT consultants and specialists trained and experienced in LOGISIL's proven methodologies for developing and implementing effective analytic solutions that transform operational data into useful information. Services to be delivered on behalf of WhiteLight by LOGISIL include architecture design, systems analysis and implementation.

"Of all the applications that we reviewed in selecting an alliance partner, WhiteLight Systems' Analytic Application Suite was the one that was best aligned with what we excel at -- designing and implementing business intelligence solutions that focus on creating predictive models," said Salim Kanji, president of LOGISIL. "Adding WhiteLight into our product line up will allow us to create the kind of predictive analytics solutions that our customers in the insurance, financial services and government sectors require."

About WhiteLight

Founded in 1992, WhiteLight Systems Inc is a privately held company based in Palo Alto, Calif., with regional headquarters in New York, Europe and Latin America. WhiteLight provides next-generation analytic applications that revolutionize a company's ability to make critical business decisions. With the WhiteLight Analytic Application Suite, companies can quickly create and deploy analytic applications that combine the modeling flexibility of spreadsheets with the data analysis of conventional business intelligence tools. WhiteLight's customers include Barclays, J.P. Morgan Chase, UUNET, Dresdner Kleinwort Wasserstein, Lehman Brothers and Grupo Televisa. For more information about WhiteLight, visit www.whitelight.com.

About LOGISIL

Founded in 1986 by a group of actuaries, LOGISIL is renowned for its work with insurance companies as well as financial and government institutions. Logisil is a software and services company based in Montreal, Canada, serving North America and Europe with 250 consultants specializing in New Technologies, E-Business and Business Intelligence. LOGISIL's client base includes such stellar customers as Bank One International, Bankers Life and Casualty of New York, Charles Schwab Canada, ManuLife, Sun Life and Standard Life, among others. For more information, visit www.logisil.com.

Contact Georgette Pascale of ExcitePR, 212-560-9500, gpascale@excitepr.com for WhiteLight Systems Inc or Marcel Desmarais of LOGISIL, 514-866-5493, mdesmarais@logisil.com.