Cognasys

ABOUT COGNASYS

Cognasys was founded in 1991 by Dr. Steven R. Hofstein, an internationally known scientist and inventor. The holder of over 40 U.S. and foreign patents, Dr. Hofstein gained prominence through inventions that included the Metal Oxide Semiconductor (MOS) transistor, Lithocon silicon storage tube, and the Liquid Crystal Display (LCD) Digital Watch. Dr. Hofstein saw an opportunity to apply his broad knowledge and experience in the scientific and engineering industries towards building a business application, using expert system technology, that would emulate a human's intelligence and reasoning for managing complex document and transaction driven processes.

Cognasys ES solutions can be developed in a fast and modular way by using existing knowledge and rule sets that are easily transferable and reusable. Cognasys provides complete consulting and support, as well as all special application development, available directly or in association with its industry partners. If your process involves knowledge workers, a Cognasys ES solution will automate and accelerate your process, increase accuracy of results, and provide your company with a significant competitive and cost advantage.

SWBC PURCHASES COGNASYS

SAN ANTONIO, TX (January 26, 2010) SWBC is pleased to announce that it has purchased the technology of Cognasys LLC, a leader in the field of artificial intelligence based software solutions, as part of the continuing expansion of its unique position in the growing market of complex document process automation. Cognasys ES, well-known in the industry as the expert system solution for document process automation, will continue to grow with the strength of SWBC's capabilities behind it.

See Press Release....



ABOUT SWBC

SWBC

Headquartered in San Antonio, Texas, SWBC has served financial institutions and businesses across the country and individuals in the San Antonio area for more than three decades. Co-owners, Chairman Charlie Amato, and President Gary Dudley, began SWBC in 1976 to provide insurance to financial institutions. The company has since diversified to include a wide range of insurance and financial services.

Today, SWBC is a multi-faceted company with more than 1,400 employees, offices across the country, total annual premium of approximately $1 billion, and gross revenues exceeding $300 million in 2009. SWBC is licensed to market and service a variety of financial products in all 50 states, and our products are offered through several wholly owned subsidiary corporations. Although the firm is privately held, a public accounting firm audits the company's operations and financials on an annual basis.

SWBC is committed to continuous improvement of technology to ensure the most efficient delivery of products and services. In fact, innovation and technology are critical components of most products and services we provide. SWBC's team of information technology professionals create service designs and maintain existing infrastructures that emphasize speed, accuracy, accessibility, security, and quality. This means simplified processes, increased efficiency, and increased revenue for clients. Read more about SWBC.