AOC Aon Corp.

Governor's Commission for Jobs and Economic Growth Provides California Innovation Awards Honoring Top Businesses SAN RAMON, Calif., May 15 /PRNewswire-FirstCall/ -- Valley Oak Systems, Inc., an Aon company (NYSE:AOC), today announced it was honored as an "Innovation All-Star," representing the most innovative businesses in California. The company was selected based on several factors, including uniqueness of innovation, competitive advantages, and economic impact on jobs for California today and in the future. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO ) Valley Oak Systems (VOS) is the leader in claims management software, services, and support for the insurance industry, and acts as an independent subsidiary within Aon's eSolutions Group. Over the last five years, VOS has grown 493 percent, driven in large part by demand for its flagship product, iVOS(R), the "one-system" claims management solution that integrates core insurance processes, including medical bill review, policy underwriting, case management, billing, events management, and other related functions for multiple lines of insurance. "We're honored to have been nominated by our clients and business partners," said Randy Wheeler, founder and chief executive officer of Valley Oak Systems. "This award is a tribute to our ongoing commitment to aggressively pursue technological innovation and to aggressively grow our company under our new Aon eSolutions leadership." "We believe innovation and entrepreneurship are the drivers of economic growth in California," added Mark Mosher, Executive Director for the California Commission for Jobs and Economic Growth -- a nonprofit corporation whose members are chosen by the Governor to advise him on how to expand jobs and economic growth in the state. "These Innovation All-Stars are models for our state." Managed by the California Space Authority (CSA), and administered through the California Labor & Workforce Development Agency (LWDA), the California Innovation Corridor is one of the state's initiatives to foster innovation and includes more than 60 partner organizations throughout 13 counties. It was Corridor partners that reviewed nearly 300 nominees before reducing the list to the 75 Innovation All-Stars. About Aon Aon Corporation (http://www.aon.com/) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 43,000 employees working in Aon's 500 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions. About Valley Oak Systems, Inc. Founded in 1994, Valley Oak Systems (http://www.valleyoak.com/) provides high quality software that enables its clients to achieve outstanding claims management performance. Due to its client-focused approach, Valley Oak Systems has established itself as an industry leader, and its iVOS claims system has been recognized for its business impact with the 2006 IASA Technology Achievement Award. Contact: Cynthia Chow Valley Oak Systems 925-242-4600 This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. Potential factors that could impact results include: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, our ability to execute the stock repurchase program, potential regulatory or legislative changes that would affect our ability to sell, and be reimbursed at current levels for, our Sterling subsidiary's Medicare health product, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of investigations brought by state attorneys general, state insurance regulators, federal prosecutors, and federal regulators, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, ERISA class actions, the impact of the analysis of practices relating to stock options, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission. http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT: Cynthia Chow of Valley Oak Systems, +1-925-242-4600, Web site: http://www.aon.com/

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