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(December 13, 2006) Sarbit Asset Management has launched a new website — www.sarbit.com — offering more information on the firm’s current lineup of five funds.

“We’re proud to introduce our new website, which features our larger family of funds and incorporates more features that investors and advisors look for from fund companies today,” says Larry Sarbit, president and CEO.

The site includes a Q & A section, providing interaction between managers and advisors and introductions to many of the sales, research and managerial staff.

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PPI chooses WealthServ

(December 13, 2006) PPI Financial Group, one of Canada’s largest MGAs, has adopted EDS SOLCORP’s WealthServ Insurance solution to support independent associates across the country.

“We found WealthServ Insurance provided the best solution for consolidating the information from our various back-office systems,” said Jack Brown, vice-president, marketing resources and technology, PPI Financial Group. “Through a single user interface, PPI will be able to access real-time information from any Internet-enabled computer.”

WealthServ Insurance allows organizations to complete and send applications and forms online, track business in real-time, and view and administer in-force business through a single interface.

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Industrial Alliance sells Caribbean block

(December 13, 2006) Industrial Alliance Insurance and Financial Services has sold off its Caribbean block of business to Barbados-based Sagicor Capital Life Insurance Company Limited.

The block includes about 9,500 policies, mainly focused on the individual life segment, and generates about $9 million in annual premium income. This block of business was previously owned by the National Life Assurance Company of Canada, an Industrial Alliance subsidiary whose operations were integrated with those of the parent company in 2005.

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(12/13/06)