CHICAGO, Sept. 11 /PRNewswire/ -- EVEREN Securities, Inc. today announced
the introduction of its new site on the World Wide Web as part of a $10
million enhancement of the firm's information and management systems.
    The Web site is part of an information technology initiative EVEREN
launched last year in anticipation of advancements in the industry that enable
real-time client account information and comprehensive internal reporting and
distribution capabilities to be incorporated into cost-effective technological
systems.
    According to Stanley R. Fallis, senior executive vice president and
director of EVEREN's administration and operations division, "There are three
overriding forces driving technology development in the securities industry
today:  outsourcing, the year 2000 date conversion and the need for
increasingly sophisticated financial analysis.  We recognize that leadership
in these areas will not only differentiate EVEREN from the competition, but
also equip our clients with superior market intelligence to factor into their
investment decisions."
    Located on the Internet at http://www.everensec.com, the Web site enriches the
information exchange between EVEREN's financial professionals and their
clients.  The site features background on the firm's investment services and
products as well as enabling Web browsers to create hypothetical financial
portfolios to evaluate their personal investment needs and alternatives.
    The EVEREN site comprises capital markets data, branch office locations,
corporate and stockholder information and employment opportunities.  Also,
equity research commentary is provided on the site, offering analysis of
market trends and individual stocks periodically throughout the day.
    Daily account updates also are available to EVEREN clients via the Web
site. Investors with EVEREN Advantage(SM) cash management accounts can access
account information, including current account values and balances, securities
positions, current check records and Visa(R) Gold card activity.
    "The Web site allows us to leverage our information resources and
technology tools to meet our clients' needs for quality information in a
timely, consistent and convenient manner," said John G. Sullivan, senior
executive vice president and director of EVEREN's marketing and investment
services division.  "Account information is more accessible than ever before
and the site also allows potential investors to become more familiar with the
financial products and services available to them."
    EVEREN's other technological initiatives, such as implementation of a wide
area network, provide the basis for improved strategic business processes.
Projects under development include:  a data warehouse to improve firm-wide
reporting of information, Intranet capabilities to enhance information
exchange throughout the firm and with clients and computer output laser disk
technology to provide on-line access to digitally archived data.
    EVEREN Securities, Inc. is a full-service nationwide superregional
brokerage firm that serves individual, corporate, municipal and institutional
clients through an integrated network of approximately 1,280 investment
consultants in 135 offices nationwide.  Drawing on its national branch system,
the firm combines the capital markets resources of a large national company
with the personalized service and dedication of a smaller firm.  Currently,
EVEREN holds approximately $46 billion of client assets in more than 500,000
active client accounts.  EVEREN Securities is a member of the Securities
Investor Protection Corporation and the New York Stock Exchange.  EVEREN
Securities, Inc. is a subsidiary of EVEREN Capital Corporation (NYSE: EVR).

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