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NAPLES, Fla./Thursday, March 24, 2010— Flexi Software (Flexi), a provider of best-of-breed, back office accounting software solutions, announced today that Comtec, a provider of insurance solutions to Property and Casualty (P&C) General insurance industry, has signed as a strategic partner.

“We have long provided our accounting solutions to the insurance industry with success,” said Stefan R. Bothe, CEO of Flexi Software. “We aim to expand on that success by extending our reach into the insurance industry via partnerships like this one with Comtec.”

Customers who select Flexi as a result of this partnership should enjoy increased benefits from the Flexi-Comtec joint partnership. Both companies have already begun work on their first joint implementation and look forward to a successful implementation of their combined solutions.

About Comtec

Comtec is an insurance software solutions provider wholly owned by the Malam-Team Group – one of the leading technology groups in Israel with more than 3,000 employees. Comtec’s solid backing provides a wide field of local and global opportunities and creates a presence for commercial ventures and business activities with any size organization. Find out more by visiting www.ComtecGlobal.com.

About Flexi

Founded in 1991, Flexi develops, markets, and supports a suite of back-office accounting software solutions that help enterprises within the Banking, Insurance, and Financial Services industries streamline their accounting processes. Flexi’s system integrates easily with other systems, and provides powerful and flexible accounting capabilities. The fully integrated suite includes modules for General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Purchasing, and Projects. For information, visit www.flexi.com.

About Flexi’s Partnership Program

Flexi offers several Partnership Programs designed to compliment other solution providers’ solutions and ultimately provide the best of breed solution to customers. Flexi’s Partnership Programs offer everything from Private Labeling to a Referral Program.

For more information about Flexi Partnership Programs, contact a Flexi representative at 239-298-5700, 1-800-427-7292, or [email protected]

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