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Press Release
Editorial Contact:
Cynthia Chow
925-242-4600
Federated Department Stores, Inc. Implements
Valley Oak Systems'
VOS Portal For Its Claims Administration System
Alamo, CA–November 19, 2002–Valley Oak Systems,
Inc. (VOS), a national provider of claims administration software,
services, and support, today announced that Federated Department
Stores, Inc. has completed implementation of VOS Portal for its
claims administration system to manage its multiple lines of insurance.
Federated's claims offices are located in Ohio and California,
and service the following stores throughout the nation: Macy's,
Bloomingdale's, The Bon Marche', Burdines, Goldsmith's, Lazarus,
and Rich's.
"We are honored to have Federated as a client using our
software to administer its claims," said Bob Faulhaber, Valley
Oak Systems' President. "As leaders in our respective industries
we will make a great team and long term partners."
About VOS Portal
VOS Portal is a claims administration system designed for multiple
lines of insurance. The system is highly configurable and can
be customized to meet any organization's needs. In addition to
the base features, VOS Portal supports EDI (IAIABC) for State
Reporting Requirement, document imaging, and forms and letter
generation for all jurisdictions as well as client defined. The
system interfaces with PRDP, ISO ClaimSearch® (Index Bureau),
Employee and Accounts Payable systems. VOS Portal has been designed
to enable claims personnel to perform their duties as efficiently
as possible.
Federated Department Stores
Federated, with corporate offices in Cincinnati and New York,
is one of the nation's leading department store retailers, with
annual sales of more than $15.6 billion. Federated currently operates
more than 450 stores in 34 states, Puerto Rico and Guam, under
the names of Bloomingdale's, The Bon Marche', Burdines, Goldsmith's,
Lazarus, Macy's and Rich's. The company also operates
macys.com
and Bloomingdale's' By Mail. For more information, visit
www.fds.com.
About Valley Oak Systems, Inc.
Valley Oak Systems, Inc. is a privately held corporation with
headquarters in Alamo, California. Founded in 1994, Valley Oak
Systems has relied on the industry experience of its founders
to provide high-quality, cost effective solutions for the claims
administration industry. Valley Oak Systems is dedicated to providing
the highest quality software, services, and support to enable
their clients to meet their goals. The company ranks #398 on the
2002 Inc 500 list of fastest-growing private companies. For more
information, go to www.valleyoak.com, or call 925-242-4600.
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Kevin Confetti