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http://www.ipipeline.com
January 11, 2011 09:00 AM Eastern Daylight Time 

iPipeline Acquires GaleForce Solutions and Leading CRM Suite

Acquisition Expands Bank, Broker-Dealer, Wealth Management and International Customer Base

EXTON, Pa.--(BUSINESS WIRE)--iPipeline®, a leader in on-demand software that supports marketing, selling, and processing solutions for the nation’s top insurance companies, announced today the acquisition of the assets of Vancouver-based GaleForce® Solutions. GaleForce is a market leader in providing advanced CRM with client management, productivity, compliance and security tools, and industry-specific integrations to broker-dealers, banks, wealth management advisors, insurance agents, and other financial services professionals. Based on Microsoft Dynamics, GaleForce Solutions are deployed either on-premise or online via their Software-as-a-Service (SaaS) model and deployed through a global network of system-integration and reseller partners. The acquisition provides iPipeline with additional key employees bringing CRM experience in financial services.

“With CRM at the core, GaleForce has built its reputation on a suite of productivity products designed to meet the unique demands of global financial professionals. As part of iPipeline, we will offer our international client base additional product integrations to improve productivity, streamline processing activities, and automate workflows”

“The acquisition of GaleForce supports our strategy to penetrate the wealth management, banking and broker- dealer markets while expanding our capabilities in the insurance industry. With diversified customers in Africa, the Americas, Asia, Europe, and Oceania, we have taken the first step in creating a global footprint in the financial services industry,” said Tim Wallace, CEO, iPipeline. “GaleForce provides their target markets with comprehensive CRM solutions designed to enhance advisor and agent productivity, ensure regulatory compliance, and safeguard business transactions. Their SaaS-based model and solutions portfolio mesh perfectly with iPipeline’s vision to transform ideas into solutions that revolutionize the financial services industry. The planned integration of their products with iPipeline’s Velocity platform will open up straight-through processing for our global financial services clients. We look forward to working with the GaleForce team and are excited about expanding our solutions portfolio.”

“With CRM at the core, GaleForce has built its reputation on a suite of productivity products designed to meet the unique demands of global financial professionals. As part of iPipeline, we will offer our international client base additional product integrations to improve productivity, streamline processing activities, and automate workflows,” said Kirk Herrington, Chief Technology Officer, GaleForce Solutions. “Our client management, communication and discovery tools deliver a competitive edge to businesses in the financial services industry and are easily accessed via Microsoft Outlook. Their integration with the iPipeline platform provides enormous value to our customers, and we are excited about the possibilities for the future.”

The GaleForce team will continue to operate out of Vancouver, BC Canada. Andrea Evans, Executive Vice President, AMS and CRM at iPipeline, will assume executive responsibility for this acquisition. To learn how you can implement use of iPipeline’s cohesive platform to more effectively market, sell and process insurance and financial services, contact sales@ipipeline.com or call 1-800-758-0824, option 2.

About iPipeline

iPipeline leads its industry in providing the next-generation suite of sales distribution software to the insurance and financial services markets through its on-demand service. iPipeline's channel solutions for carriers, distributors, and producers automate activities for CRM, forms distribution and processing, quotes and illustrations, in Good Order e-Applications, agency management, and policy delivery and related services, enabling the insurance industry to market, sell, and process faster. iPipeline provides the process automation and seamless integration needed to make a sale by aggregating approximately 200 carriers, 1,300 distributors, and financial professionals and advisors in a single, Web-based environment -- the iPipeline Customer Network. With headquarters in Exton, Pennsylvania, iPipeline has offices in Atlanta, Charlotte, Milwaukee, Salt Lake City, and Vancouver. Visit us at www.ipipeline.com.

About GaleForce Solutions

Based in Vancouver, British Columbia, Canada, GaleForce Solutions provides software products to companies in the financial services industry. GaleForce's industry-specific solutions allow businesses to maximize the value of their Microsoft products including Dynamics CRM, SharePoint and Outlook. GaleForce provides over 100 businesses in the financial services industry with solutions that maximize employee productivity, improve client management, ensure regulatory compliance and optimize client communication. GaleForce solutions are deployed through a global network of system-integration and reseller partners including ePartners, CGI, Infosys, Crestwood, Grean Beacon, Harvest Solutions, Ideaca, NetStandard, Pythagorus, Sistemas Digitales, and Tectura. Visit us at www.galeforcesolutions.com

Contacts

iPipeline
Lisa Bollinger, Marketing, 484-870-6234

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