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MLOZ Selects Sapiens IDIT Software Suite for Mutual, Mandatory and Complementary Health Insurances

September 24, 2013

A multimillion dollar deal for Sapiens to serve as core health insurance platform

ANTWERP, Belgium, September 24, 2013 /PRNewswire/ –

Sapiens International Corporation [http://www.sapiens.com ], (NASDAQ and TASE: SPNS),
a global provider of innovative software solutions for the financial services industry,
announced today that MLOZ, the National Federation of Independent Health Insurance Funds,
offering services to more than 18% of the Belgian population, has selected Sapiens IDIT
Software Suite [http://www.sapiens.com/general-insurance-software.htm ], to manage its
health insurance portfolio, in a multimillion dollar deal.

(Logo:
http://photos.prnewswire.com/prnh/20120508/531104 )

As part of the organization’s overall strategy to facilitate the health insurance
services in Belgium, MLOZ will be implementing the Sapiens IDIT Software Suite to
modernize its technology environment to support the provision and management of health
insurances, including: mutual insurances (“SMA”), mandatory health insurances, and
complementary health insurances.

Anticipated benefits from this multi-year IDIT Software Suite implementation include:

        - Support for thousands of concurrent online users;
        - A holistic view of the client;
        - Ability to leverage data for improved customer relations;
        - Improved time to market for new products;
        - Best practices in product design and business process optimization;
        - Reduced overall IT costs.

Commenting on the selection of Sapiens IDIT, MLOZ’s Managing Director, Xavier Brenez
said, “We have selected Sapiens due to the rich business functionality of its software and
the professionalism and quality of their personnel. We see a tremendous amount of value in
Sapiens’ domain expertise and understanding of our unique business needs, as well as the
cultural alignment between the organizations, which bodes well for the relationship going
forwards.”

Roni Al-Dor, President and CEO of Sapiens commented, “We are proud to have MLOZ as our
customer, and appreciate their recognition of our software and the value of our dedicated
and skilled staff. MLOZ joins a growing and impressive portfolio of customers that have
chosen to work with Sapiens, and we look forward to helping MLOZ derive the highest
possible value from this solution.”

Al-Dor continued, “We see a lot of opportunities for Sapiens in the health insurance
market and feel the MLOZ win validates our strong position and will help us to further
expand our health market footprint.”

Yoel Amir, Managing Director, Sapiens General insurance & Non-life Division added,
“The commitment MLOZ has shown to the Sapiens IDIT solution is a strong vote of confidence
in both our product and team, and is testimony to the quality and value of the partnership
developed between Sapiens and MLOZ during the selection process. The addition of MLOZ to
the Sapiens client family further validates the value that IDIT Software Suite offers to
health insurers.”

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global provider of
innovative software solutions for the financial services industry. We offer core,
end-to-end solutions for the general insurance, property & casualty, life, pension and
annuities markets, and business decision management software, globally. We have a track
record of over 30 years in delivering superior software solutions to more than 100
financial services organizations. Our team operates through our fully-owned subsidiaries
in North America, the United Kingdom, EMEA and Asia Pacific.

Except for historical information contained herein, the matters set forth in this
release are forward-looking statements that are dependent on certain risks and
uncertainties, including such factors, among others, as market acceptance, market demand,
pricing, changing regulatory environment, changing economic conditions, risks in new
product and service development, the effect of the Company’s accounting policies, specific
system configurations and software needs of individual customers and other risk factors
detailed in the Company’s SEC filings.

        Contact:
        James Carbonara, Regional Vice President
        Hayden IR
        Office: +1-646-755-7412
        e-Mail: James@haydenir.com

        Moshe Shamir, VP Marketing
        Sapiens International
        Tel: +972-3-6250951
        e-Mail: moshe.shamir@sapiens.com


    Photo: 

http://photos.prnewswire.com/prnh/20120508/531104

SOURCE Sapiens International Corporation


Source: PR Newswire