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BCF Technology to Relocate Corporate Headquarters to Charlotte, North Carolina
[August 18, 2004]

BCF Technology to Relocate Corporate Headquarters to Charlotte, North Carolina

CARLSBAD, Calif. & CHARLOTTE, N.C. --(Business Wire)-- Aug. 18, 2004 -- BCF Technology, Inc., a leading provider of web services, integration & aggregation of data, competitive intelligence information, and single sign-on technology solutions for insurance and financial services, announces the relocation of its corporate headquarters from Carlsbad, Calif., to Charlotte, N.C. Additionally, BCF Technology announces that Frederick Waite, president of BCF will also assume the role of chief operating officer.



Founded in 2001, BCF Technology is a leading provider of business and technology solutions to the insurance and financial services community. BCF's Charlotte headquarters adds to its existing footprint of California, Florida, Illinois, New Hampshire, Colorado, Rhode Island, Texas, Massachusetts, and Arizona.

Commenting about the move, Frederick Waite, president and chief operating officer, stated, "Relocating to Charlotte will allow us greater access to our existing client base and uniquely position BCF to execute on our strategic growth initiatives in the insurance and financial services sector."


Fred Covely, chief executive officer of BCF, added, "The relocation represents an exciting step forward for the whole company and its strategic vision. The new headquarters has tremendous flexibility and will enable the company to introduce additional products and services at a much quicker pace."

About BCF TECHNOLOGY

BCF Technology is a leading provider of web services, integration & aggregation of data, competitive intelligence information, and single sign-on technology solutions for the insurance and financial service.

For information about BCF's products and services, email [email protected] or visit our web site at www.bcftech.com.

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