INSCI launches new digital archiving capabilities for rapid growth of Storage Area Networks

WESTBOROUGH, MA (August 17, 1999). . . . INSCI Corp (Nasdaq: INSI) today announced the availability of COINSERV version 2.1, its flagship product for electronic storage of e-commerce documents. This latest release further extends the capabilities of INSCI’s COINSERV family of products by enabling them to work in Storage Area Network (SAN) environments. According to INSCI Chairman and CEO E. Ted Prince, Ph.D., SANs are emerging as the new computer storage paradigm, and this area is expected to grow rapidly as the need to track, store, view and send electronic commerce documents becomes pervasive in the marketplace.

Dr. Prince commented, "INSCI is widely recognized as a visionary and leader in the digital document archiving and Internet presentment market. Some time ago, we realized that the emerging e-commerce market would require the capability to put documents such as statements and invoices on the Web, resulting in turn in the need for ultra-large capacity storage for those documents."

"SANs are the way this problem is being resolved," Dr. Prince continued, "and our market-leading product, COINSERV, now handles this requirement. We are excited by the significant additional sales potential this will provide for INSCI. The major manufacturers are moving rapidly into this area and customers are moving just as quickly to upgrade their ownsystems to be SAN-compatible so that they can handle the huge volumes of data and documents created by burgeoning e-commerce and on-line retail systems. INSCI’s products continue to lead the market in their ability to handle the largest and most sophisticated tasks required in a fast-moving Web-based world."

About INSCI

INSCI Corp is a leader in delivering an electronic document repository with integrated Internet, imaging, workflow, print-on-demand, electronic distribution and archive software for the enterprise level, high volume production market. INSCI’s software products enable customers to improve their services through electronic access to transaction documents (invoices, statements, reports, etc.); provide financial savings through elimination of paper and microfiche; and provide the foundation for the digital document “back office” for electronic commerce. The Company licenses its products to over 500 customers worldwide, in healthcare, insurance, banking, financial services, and various other industries. The Company’s products are sold in over 100 countries through the INSCI direct sales organization and its marketing partnerships with Moore, Unisys, Xerox and others. For more information about INSCI Corp, visit its home page on the Internet at http://www.insci.com.