Specific Software Solutions Releases Loss Forecaster Version 5

Brentwood, TN, May 15, 2007 -- Officials from Specific Software Solutions announced today that Loss Forecaster Version 5, a notable upgrade to the company's existing Loss Forecaster II software, is now available. Loss Forecaster is used to forecast losses and estimate required reserves for property and casualty losses. It is supported by Specific Software's affiliate SIGMA Actuarial Consulting Group.

"Loss Forecaster Version 5 represents the best of our knowledge in delivering software to the insurance and risk management industry," said Kory Wells, director of product development for the company. "We've taken the tried-and-true calculations from the prior version of Loss Forecaster and applied the interface of ModMaster Version 4 that is so popular with our subscriber base. The result is a product that optimizes both actuarially sound methods and intuitive ease-of-use that's been praised by the beta users of this release."

Loss Forecaster Version 5 features an updated interface, improved data entry and viewing options, support for more policy periods and exposures, and extensive online help with Flash videos. The software also includes improved report formats that automatically include graphs displaying historical and projected pure loss rates, confidence interval distributions, and estimated required reserves as appropriate to the analysis.

All current Loss Forecaster subscribers have been offered the upgrade at no additional charge, per the company's subscription policy.

For more information about Loss Forecaster Version 5, see the LF WebHelp index and the What's New page, or contact the company with your questions.

About the Companies

Specific Software Solutions serves risk management and insurance professionals in companies of all sizes with software products that facilitate complex calculations and insightful analyses.  Founded in 1990 by Tim Coomer, A.R.M., the privately held Brentwood, TN organization is best known for its flagship product ModMaster, which computes and analyzes the workers compensation experience rating modification factor.

SIGMA Actuarial Consulting Group, Inc. (SIGMA) is a casualty actuarial consulting firm that supports its affiliate, Specific Software Solutions, in the development of ModMaster, Loss Forecaster and other software products for risk management and insurance professionals. Located near Nashville, Tennessee, the company provides actuarial services to government entities, associations, self insureds and commercial insureds in a wide variety of health, retail, service and manufacturing industries throughout the country. Specializing in workers compensation, automobile liability, general liability and products liability, SIGMA prides itself in producing attractive graphical analyses that are easy to read, easy to understand, and free of actuarial jargon.

More information about the companies and their products and services is available at www.specificsoftware.com.