EagleTM: EagleTM Celebrates Fifth Anniversary
EagleTM Celebrates Fifth AnniversaryFinancial Reporting and Tax-Compliance Specialization Leads to Growth, Longevity MARION, IA — (MARKET WIRE) — November 13, 2006 — Eagle Technology Management, Inc. (EagleTM) iscelebrating its fifth year in business this month. EagleTM pioneered thetechnology for automating annual financial statements for insurers.
Itsproduct line has expanded to include WINGS, an enterprise program forfinancial and tax-compliance reporting that puts all of its functionalityin a single processing environment — with a common, relational database –comprising applications for annual statements, state filings and forms, andpremium and municipal taxes.
“It’s fair to say we founded this industry,” said Larry Kane, EagleTM’spresident. “In addition to developing the software by which financialstatements are prepared and submitted, we’ve maintained our focus, expandedour product line, and grown our customer base. While most companies findtheir niches, we literally created ours. And we’re very proud of whatwe’ve achieved in our first five years.”
EagleTM boasts annual customer-renewal rates of more than 95 percent, withmost turnover attributed to mergers and acquisitions.
“We’ve solved the equation of price, cost, and value,” Kane added. “Byexpanding our customer base, we’re able to translate development costs intoa very competitive price point. Because our product quickly andefficiently prepares, verifies, and produces statements, forms, andreturns, our customers can concentrate on their core businesses, revenuegeneration, and customer service.”
About EagleTM
EagleTM is a software and procedures-development firm that specializes inproviding financial reporting and tax-compliance application for insurers.EagleTM is dedicated to efficient financial processing and reporting,making its clients more efficient, consistently accurate, and uniformlycompliant. For more information, please visit www.eagletm.com, call (800)975-3245, or e-mail sales@eagletm.com.
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