Market Overview

Sapiens Hosts North American Client Conference in New York


Representatives from customers, prospects, analysts, media and Sapiens meet to collaborate and share their experiences with Sapiens's products and people

ROCHELLE PARK, New Jersey, October 31, 2012 /PRNewswire/ --

Sapiens International Corporation, (NASDAQ and TASE: SPNS), a global provider of innovative software solutions for the financial services industries, today announced that it recently hosted its  North American Client Conference on October 9-10 at the Hilton Times Square Hotel in midtown Manhattan.

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The Client Conference included representatives from current and prospective clients, the Sapiens team, industry analysts, media, and guest speakers.  The event encompassed breakout sessions of Sapiens products, client roundtables, products roadmap discussion, client case studies presentation, and more.

Commenting on the event, Barb Magella, Divisional Assistant Vice President with Sapiens client Great America Financial Resources, Inc. (GAFRI), who has selected ALIS to support their annuity business, said, "This was a well-planned client conference.  It was great to network with other Sapiens clients and users, and to get more insight into the future roadmap of Sapiens ALIS."

Kelvin Schill, Vice President Financial Products with COUNTRY Financial, using Sapiens ALIS to support their life and annuity business added, "Fantastic conference. Great show and a good venue.   I appreciated the updates from the Sapiens leadership.  The ability to dialogue with other users and learn about their experience with Sapiens was of greatest value.  I'm already looking forward to next year."

Karen Furtado, a partner with leading insurance strategic advisory firm Strategy Meets Action (SMA), noted, "Sapiens demonstrated their commitment to focus on investments in innovative technologies with the introduction of DECISION.  Sapiens is taking a leadership position working with companies to develop strategies to manage the vast quantity of business rules logic that exists today."

Roni Al-Dor, Sapiens President and CEO, said, "I would like to extend a thank you to all of the attendees who made the conference a success.   This was a great opportunity for all of us to meet, share plans and expectations, and look to the future. We look forward to welcoming an even bigger crowd to next year's conference.  It's been a great year for Sapiens, especially given the tremendous traction we are enjoying in the North American market."

About Sapiens International

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global provider of innovative software solutions for the financial services industry. We serve over 100 financial services customers, backed by a team of over 750 experts, operating through 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.

Osnat Segev-Harel, CMO
Sapiens International
Tel: +972-8-938-2721

Investor Relations Contact: 
Roni Giladi, CFO 
Sapiens International 
Tel: +972-8-9382721 

James Carbonara, Regional Vice President,
Hayden IR
Office: +1-646-755-7412

SOURCE Sapiens International Corporation

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