eBaoTech Opens Brazil Office

July 6, 2011

eBaoTech, a leading insurance software solution provider, announced today the opening of its new office in Sao Paulo, which expands its global presence and reinforces its commitment to the Latin American insurance market.

Woody Mo, Chief Executive Officer of eBaoTech Corporation, commented, “We are pleased to strengthen our presence in the Americas as part of our ongoing commitment to provide excellent software delivery and superior service to our customers. The strategic location of the Sao Paulo office enables us to better serve our existing clients like ACE, Argo and others in the Americas.”

The Sao Paulo office will work closely with other eBaoTech offices in the Americas, Asia Pacific and EMEA to provide its Latin American clients with full access to eBaoTech’s global expertise, while providing localized services to its Brazilian clients.

Viriato Leao will be in charge of the new office’s operations, and will work with Rodrigo Borges, Sales Director for Latin America. Together, they have over 35 years of experience in the financial and insurance industries. Viriato has worked in senior positions at Citigroup and Assurant International, and brings his vast experience and knowledge to eBaoTech. Rodrigo has extensive experience in sales, and has worked in companies such as BMC Software, CA and Software AG.

eBaoTech is an established and fast-growing provider of both General (Property & Casualty) and Life Insurance software solutions with a strong global presence. eBaoTech’s new generation of web-based core policy administration systems helps insurers improve customer service, launch new products faster and substantially lower operation costs.

For more information about eBaoTech Brasil, please contact Viriato Leao at Tel: +55 11 2503 5531 or email: viriato.leao@ebaotech.com.

About eBaoTech
eBaoTech delivers standards-based, highly configurable insurance software solutions to both property and casualty (P&C) and life insurers. Its future-proof product offerings enable insurers to realize cost-effective, scalable, flexible and highly automated insurance operations in an ever-changing environment. With offices in ten countries across Europe, Asia and the Americas, and over 60 core system installations in more than 20 countries, eBaoTech has extensive global presence to serve leading insurance companies. For more information, visit ebaotech.com.

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