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Rotterdam, the Netherlands, May 28, 2009 –Zurich and Shanghai-based eBaoTech, a fast growing insurance software solution provider, announced today the opening of its Rotterdam office in the Netherlands.

“Driven by our commitment to providing great customer service and as part of our ongoing expansion, we are pleased to open our new office in Rotterdam. The strategic location of the Rotterdam office allows us to better serve our existing clients like ASR, SNS Reaal or Ditzo in the Netherlands and helps us further to increase our presence throughout the Benelux. The Rotterdam office will work closely together with other offices in Europe and Asia to provide our Benelux clients access to the full global expertise of eBaoTech, while providing localized services to our domestic clients.” said Guido M. Meyerhans, Managing Director of eBaoTech Europe.

Daniel Adamec, CEO of eBaoTech Europe, added, “The opening of the office in the Netherlands is an important element in our European growth strategy and will compliment the activities of our existing European operations. The establishment of the Rotterdam office reflects our deep commitment to the Dutch market and is a tribute to our strategy that combines global best practice with local expertise and presence. We are convinced that the new location will materially support the growth in the Benelux region.”

The office will be managed by Mr. Pascal Monnard, who joined eBaoTech from the international insurer XL Capital, where he was responsible for IT integration and transformation projects.

Mr. Leen Breevoort will chair the Benelux advisory board of eBaoTech. Mr. Breevoort is a veteran in business and technology operation and consultancy for over 20 years.

The address of the new Rotterdam office is eBao Technology (Benelux) B.V., Beurs-World Trade Center, 12th Floor, Offices 1254-1255, Beursplein 37, P.O. Box 30036, 3001 DA Rotterdam, the Netherlands. Tel: +31 10 205 4380.

About eBaoTech

eBaoTech delivers standard-based, highly configurable insurance software suites to both property and casualty (P&C) and life insurers. Its future-proof product offerings enable insurers to realize the cost-effective, scalable, flexible and highly automated insurance operations in the ever changing environment. With offices in nearly ten countries across Europe, Asia and the Americas, eBaoTech has an extensive global coverage to serve leading insurance companies. For more information, visit ebaotech.com.