Jacksonville, FL, July 14, 2008 -- Allianz Insurance is the latest financial services leader to use uReveal™, a next generation advanced analytic software, according to an announcement today by the software's manufacturer, IxReveal. "Allianz is an important new customer," said Ren Mohan, IxReveal Co-Chairman and CTO. "It is one of the top insurance companies in the UK, processing 170,000 motor claims annually." "Allianz already had a sophisticated data analysis system but the company was able to adapt uReveal™ immediately and realize exceptional value," Mohan noted. "Results from Allianz's pilot project exceeded its targets," he added, "doubling the number of claims that could be assessed, and more than doubling the recoverable claims."

According to Allianz's project manager, Gary Carless, "After only two weeks of the four-week pilot project it was clear to Allianz that there was a strong business case for acquiring and adopting the product. uReveal™ easily combines structured and unstructured data for analysis, very simply integrates with our IT architecture and, is being quickly used by our business experts. The product will deliver a direct benefit to our bottom line and is now being considered for use in other areas such as Motor Fraud and Property Subrogation."

"These exceptional results at Allianz are consistent with those generated by IxReveal's other financial services clients, " said Mohan.

About IxReveal

IxReveal is a leading text analytics software company that transcends current search and business intelligence technologies. The company’s solution-based products are unique in their capacity to transform large volumes of unstructured and structured data into actionable intelligence. IxReveal’s award-winning product lines, uReveal™ and uReka™ (www.ureka.info), also allow researchers to collaboratively share concepts and findings.

Clients include leading multinational corporations, financial institutions, law-enforcement agencies, universities, health organizations, and major federal agencies with data-intensive mandates in areas such as intelligence, security, finance, health-care, homeland security, and crime/fraud prevention. For more information, visit www.IxReveal.com.

About Allianz Insurance

Allianz Insurance is one of the largest insurers in the UK and part of the global; Allianz Group. The company offers customers a wide range of products including home, motor and a comprehensive portfolio of insurance products. For more information, visit www.Allianz.com www.Allianz.com