UDICo Announces Development of Support for XMLife Standard

UDICo Adding Support for Insurance Industry Standard to Middleware Product

NEW YORK, January 2, 2001 - Universal Data Interface Corporation (UDICo), a leading XML-based middleware company, today announced support for XMLife, the XML standard for representing data in the life insurance industry. System integrators and insurance company IT departments who choose UDICo's Universal Data Interface product to develop middleware will have a big head start in converting their own data, of any format, into an XMLife representation for exchange with other insurance industry entities.

UDICo's flagship product, the Universal Data Interface, is a high-speed middleware product that converts high volumes of data and does large-scale transaction management in real time. Its UDI Design Tool allows the creation of conversion specifications quickly and easily using a point-and-click interface, and its Runtime Server can perform conversions and transaction management according to these specifications on a variety of platforms.

XMLife is an XML-based model of the OLifE object standard for data integration developed by the Association for Cooperative Operations Research and Development (ACORD, www.acord.org). ACORD's partnership with the National Association for Independent Life Brokerage Agencies (NAILBA, www.nailba.org) will make it possible for this standard to streamline inter-company exchanges of insurance information as more companies in the insurance industry speak this "lingua franca."

"The UDI handles a wide variety of data formats and protocols," explained UDICo's founder and CEO, Adam Greissman, "and this support for the XMLife standard will make rapid deployment of middleware systems for the insurance industry very quick and easy to develop."

About Universal Data Interface Corporation (UDICo)

UDICo is an emerging leader in the web services arena. Founded in July 2000, UDICo's goal is "data without borders" for any enterprise that needs it: data that can be used quickly, openly, and seamlessly across disparate systems. This lets IT departments get back to mission critical projects without requiring the time and trouble to custom code solutions to myriad middleware problems. UDICo is based in New York City and is privately held. For more information, visit www.udico.com.