ActekSoft Receives "Positive" Rating in Leading Analyst Firm’s Insurance Incentive Compensation Management Applications MarketScope Report

BIRMINGHAM, AL – December 21, 2009 – ActekSoft, a leading supplier of commission and compliance software announced today that top analyst firm Gartner, Inc. has rated ActekSoft a “Positive” in the “Marketscope for Insurance Incentive Compensation Management Applications” report by Steven Leigh, published on December 16, 2009. The MarketScope review concludes that interest in insurance-focused incentive compensation solutions has remained strong, with nine vendors considered dominant players in the market.  ActekSoft is one of only three vendors receiving a positive rating in the 2009 report. 

“We are pleased to be included in the latest Gartner MarketScope report on incentive compensation management software,” said Farley Lavett, president of ActekSoft. “This rating by one of the industry’s top analyst firms, in our opinion, validates the hard work by ActekSoft team members this past year enhancing our highly-automated solution. As we move into 2010, our focus continues to be on offering an extremely configurable ‘workhorse’ application that supports rapid deployment, ease of use and reduced operational complexity, delivered to clients with no surprises.”   

About ActekSoft 

ActekSoft delivers commission and incentive compensation software solutions to automate the process of calculating and managing complex commission, incentive and bonus pay arrangements. Founded in 1999, with a focus on developing J2EE software products for the healthcare payer market, ActekSoft's products are now used in all segments of the insurance and financial services industries. Our focus is the delivery of highly user-configurable software capable of delivering power to non-technical users, ensuring our products provide both tactical and strategic benefits, along with quantifiable return-on-investment (ROI). ActekSoft is headquartered in Birmingham, Alabama with a sales office in Philadelphia, Pennsylvania. 

About the MarketScope 

The MarketScope is copyrighted December 16, 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.