ACE Life has selected eBaoTech LifeSystem as the core policy administration system for their new businesses in Vietnam and Taiwan. ACE Life Vietnam opened for business in September, 2005. ACE Life Taiwan is expected to open in late 2005. The flexibility of the eBaoTech LifeSystem has provided ACE with a strategic advantage in starting up new businesses. ACE Life is part of the ACE Group of Companies, a leader in the global insurance and reinsurance markets, with a presence in 50 countries and over 16 Billion USD in premium worldwide.