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IMT Powers Online Insurance Brokerage Leader Quotesmith.com in Major Travel Insurance Initiative

Commack, NY (February 27, 2002) - Travel technology innovator IMT Services Corporation was selected by Quotesmith.com to spearhead its new travel insurance effort. IMT will supply its robust comparative rating engine to deliver instant on-line travel insurance quotes.

The technology that IMT has developed provides instant access to its stable of leading travel insurance markets. Consumers can rate and compare over 29 separate plans and buy on-line, all in real time, all in a completely secure environment. "We are most impressed with IMT's technology as it blends well into our instant on-line quote philosophy. Their speed to market and delivery capabilities are second to none," said Quotesmith.com Chairman and CEO, Robert Bland.

"We are very happy to be working with Quotesmith.com," commented Jim Grace, President & CEO of IMT. "They are, without question, one of the premiere sellers of insurance on the net! With demand for travel insurance up over 40% the past few months, Quotesmith has seized a golden opportunity."

The new service is immediately available at www.quotesmith.com and provides the largest selection of instant travel insurance quotes from a single source.

About IMT Services Corporation

IMT Services Corporation is a privately held company located in Commack, NY. The company specializes in providing integrated technology solutions for the travel insurance industry, with over 500 private labeled and co-branded travel related websites around the globe. The founders of IMT have been providing travel insurance technology since 1995.

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