Xaware Exhibits at Acord Loma Insurance Systems Forum


Also sponsors keynote speaker, John Hagel III

COLORADO SPRINGS, Colorado - May 16, 2006 - XAware, Inc., an enterprise software company specializing in Service-Oriented Architecture (SOA) solutions, announces its presence at the 2006 ACORD LOMA Insurance Systems Forum. The conference will be held May 22-24 at the Mandalay Bay Resort in Las Vegas.

XAware is hosting a panel discussion and interactive session featuring the keynote speaker, John Hagel III, at 4:30pm on Wednesday, May 24th. Hagel is the author of Out of the Box, and a former consultant for McKinsey. The discussion will be Hagel's observations during the conference, as well as of the industry at large. XAware is sponsoring Hagel as the keynote speaker for the conference.

In addition to the panel discussion and sponsorship, XAware will also be demonstrating its software, and its approach to SOA implementing the new ACORD standards. XAware leverages the ACORD industry standards to make insurance business transformations more efficient. The demonstration will be on Monday, May 22, from 10:00am-11:15am.

"We are very excited about the opportunity to showcase our time and money-saving business systems to ACORD LOMA's audience," says Rohit Mital, CTO and co-founder of XAware. "Insurance is one of our main focuses, and we feel we're on target with our approach to Service Oriented Architecture."

XAware is the recipient of a 2006 ACORD Award in the category of Web Services and SOA. ACORD Awards recognize achievements in ACORD data standards implementations. The awards will be presented during the ACORD LOMA Insurance Systems Forum.

XAware will be available throughout the conference at booth #1111, and at its pedestal within the IBM Partner Community. For more information on XAware, visit www.xaware.com. For more information on the ACORD LOMA Insurance Systems Forum, visit www.acordlomaforum.org.

XAware, Inc.

XAware, Inc. is an enterprise software company that provides complete services solutions for the modeling, manufacturing, monitoring and management of Service-Oriented Architecture (SOA). XAware enables success for the business SOA model by bridging the gap between business processes and IT. This XML-based bridge is the Business Services Layer which is comprised of logical assemblies of IT data services and conditional processing. These business services can then be choreographed and re-choreographed to provide new business processes and give companies the agility necessary to keep up with today's ever changing business environment.

For more information on XAware, visit www.xaware.com or call 719.884.5400.

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