Dylan Becker

Chris Reimer

Alexei Gogolev

Elyse Kanner

Kevin Kumar

Sam Salvas

Surinder Thind

Tavy Rosner

- Sapiens International Corporation announced that Medical Protection Society (MPS) successfully upgraded to a new version of its **IDITSuite for Property & Casualty**, a project completed **on time, within budget, and with high quality**.  **[885740_20250917IO75704:0]** 
- This upgrade advanced MPS' core suite by **six versions**, providing benefits such as **future-proof architecture** and **extended lifecycle support**.  **[885740_20250917IO75704:0]** 
- Sapiens' IDITSuite is an **AI-powered, end-to-end insurance software solution** that supports various insurance operations.  **[885740_20250917IO75704:0]** 
- Separately, Sapiens announced on **August 12, 2025**, that it entered into a definitive agreement to be acquired by Advent for **$43.50 per common share in cash**, valuing Sapiens at approximately **$2.5 billion**.  **[885740_20250917IO75704:1]**

Sapiens Announces Major IDITSuite Upgrade and Acquisition Agreement

- Sapiens International Corporation announced on **September 17, 2025**, that Medical Protection Society (MPS) successfully completed a major upgrade of its **IDITSuite for Property & Casualty**, advancing the core suite by **six versions** to ensure future-proof architecture and extended lifecycle support.  **[885740_0001213900-25-088358_ea025768501ex99-1_sapiens.htm:0]** 
- The upgrade project was completed **on time, within budget, and with high quality**, providing MPS with enhanced functionality, improved performance, and security.  **[885740_0001213900-25-088358_ea025768501ex99-1_sapiens.htm:0]** **[885740_0001213900-25-088358_ea025768501ex99-1_sapiens.htm:1]** 
- Separately, Sapiens previously announced on **August 12, 2025**, a definitive agreement to be acquired by Advent for **$43.50 per common share in cash**, valuing Sapiens at approximately **$2.5 billion**.  **[885740_0001213900-25-088358_ea025768501ex99-1_sapiens.htm:1]**

Sapiens Announces Successful IDITSuite Upgrade for MPS and Provides Acquisition Update

SAPIENS INTERNATIONAL CORP N V (SPNS)