Press Release
Boyd Gaming Corporation Selects DAVID’s Renaissance as Risk Management Solution
Prominent National Gaming Company Anticipates Cost Savings and Reporting Capabilities to Achieve Corporate-Wide Risk Management Goals
SAN FRANCISCO, Calif., - October 24, 2006 – DAVID Corporation, a unit of HALO Technology Holdings, Inc. (OTCBB: HALO) and trusted provider of Insurance Risk Management (IRM) software, today announced that Boyd Gaming Corporation has selected its Renaissance claims management solution for their corporate risk management initiative. Boyd selected Renaissance for its comprehensive functionality that addresses the entire spectrum of their claims management needs – from reporting to easily exchanging data with in-house payroll and human resources applications.
In order to make decisions based on more accurate and detailed information and to serve its users more effectively and efficiently, Boyd required web browser capabilities for inputting claims data, generating reports and reflecting claim performance metrics to its end users. Boyd will deploy Renaissance and its web-based reporting module, the RenMetrics Dashboards, to execute on its risk management objectives and drive cost savings.
“We selected Renaissance due to its robust reporting capabilities,” said Mark Habersack, corporate risk manager for Boyd Gaming. “Its ease of use to quickly generate and distribute reports is critical in our success of effectively and efficiently managing our claims operations.”
“We are very pleased to work with Boyd Gaming as they implement Renaissance for their risk management strategy across their gaming properties” said Alex Aminian, President & CEO of DAVID Corporation. “Our solutions are designed to be implemented quickly with low maintenance, while providing up-to-date and easy access to the information needed to reduce costs and enhance customer service. The relationship with Boyd is especially important as we execute on our new strategy to deliver risk management solutions that help our customers’ improve their business.”
About DAVID Corporation
DAVID Corporation has led the risk management information systems industry by developing and supporting superior software products designed for self-insured, self- administered organizations and third-party administrators (TPAs) since 1984. DAVID consistently offers flexible, powerful systems to handle multiple lines of business including workers’ compensation, general liability, property and casualty, automotive and marine claims. DAVID simplifies the process of managing claims while offering clients powerful reporting, data analysis and imaging capabilities, along with a full-service solution to risk management. Services include, dedicated account managers, comprehensive on-site training and quality software support. David Corporation is owned and operated by HALO Technology Holdings, Inc. (OTCBB: HALO), global provider of a diversified range of standards-based enterprise software applications and on-demand solutions. For further information, visit DAVID’s website at www.davidcorp.com.
About Boyd Gaming Corporation
Headquartered in Las Vegas, Boyd Gaming Corporation (NYSE: BYD) is a leading diversified owner and operator of 20 gaming entertainment properties located in Nevada, New Jersey, Mississippi, Illinois, Indiana , Louisiana and Florida. The Company is also developing Echelon Place, a world class destination on the Las Vegas Strip, expected to open in mid 2010. Additionally, the Company was recognized earlier this year by Forbes Magazine as the best managed company in the category of Hotels, Restaurant and Leisure. Boyd Gaming press releases are available at www.prnewswire.com. Additional news and information on Boyd Gaming can be found at www.boydgaming.com.