Project your financial future with new software Annuity Ace

BOUNTIFUL, UTAH -- November 1, 1993 -- Insight Software Solutions today
announced the initial release of the Annuity Ace, a financial software
package for the IBM PC. The Annuity Ace is capable of projecting and
illustrating your saving and investment needs through professional
reports.

Savers have the option of saving on a weekly, bi-weekly, semi-monthly,
monthly, quarterly, semi-annual or annual basis. Sales loads can easily be
factored into the savings equation. The Annuity Ace allows for withdrawals
which can help project income through the retirement years. Variable
deposits, withdrawals and interest rates can all be entered giving
complete flexibility over your savings strategy. And a powerful, yet
easy-to-use mechanism is available for cost of living adjustments (COLA)
to either your deposits, withdrawals or both.

"It is estimated that a majority of Americans fail to plan for their
financial future. While many will end up with only Social Security, most
will have to undergo a significant change in lifestyle due to a decrease
in income. People can now better prepare and project what it will take to
build a better financial future by using the Annuity Ace software
package." said Michael D. Jones, President of Insight Software Solutions.

Special features include the ability to illustrate the impact of taxes on
savings, to illustrate the affect of sales loads on savings, to show what
your future investment will be in today's dollars due to inflation, to
illustrate the consequences of waiting before starting to save, to show
the impact of a higher interest rate, and the ability to determine what is
required to reach a target savings amount by a given age.

The Annuity Ace can also project periodic payments from a lump sum
deposit--also known as an immediate annuity. A split annuity option is
also available. A split annuity takes a lump sum deposit and splits it
into two pieces. The first part is treated as an immediate annuity where
periodic payments are made. The second part is treated as a savings
account where it accumulates interest. When the specified time frame has
expired, the investor has received the numerous periodic payments and the
savings account portion has built back up to the original lump sum
deposit.

Professional reports and illustrations can be viewed on screen, printed or
sent to an ASCII file. Reports can be printed on a monthly, quarterly,
semi-annual or annual basis using a calendar or fiscal year basis. Values
may be cumulative or non cumulative and rounded to the dollar or exact
cents. All information can be saved and retrieved.

Field inputs are contained on one screen with the use of function keys to
branch out to less common needed items such as variable deposits and
interest rate. The Annuity Ace is menu driven with help for all input
fields and contains an on-line manual. The menu, help, look and feel all
make the program intuitively easy.

The product is designed for the individual who is investing money for the
future through saving, IRA, CD, 401K and other plans. It can also be used
by professionals including accountants, lawyers, financial planners,
bankers and insurance agents.

The Annuity Ace can be run on any IBM PC compatible computer with 512K of
memory using DOS 2.0 or greater. A hard disk is not required, however it
is recommended. A printer capable of printing in a condensed mode is
required for some reports.
The price of the Annuity Ace is $25.00 and may be obtained from Insight
Software Solutions, P.O. Box 354, Bountiful, UT 84011-0354, (801)
295-1890. Site licenses are available. Other software packages available
include The Interest Analyzer, The Mortgage Analyzer and The Debt
Analyzer.

Founded in 1990, Insight Software Solutions is a producer of financial
software packages designed for the professional and the average user. The
company provides easy-to-use and feature-rich software at a reasonable
price. Sales span four continents including eleven countries. Michael D.
Jones, founder and President, has over eight years experience in the
finance industry. He holds a Bachelor Degree in Computer Science and has
been awarded the FLMI insurance designation.

Insight Software Solutions
PO Box 354, Bountiful, UT 84011-0354
801-295-1890,  fax 801-299-1781
BBS: 801-963-8721 (join conference 4); CIS: 71672,3464

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