PRESS RELEASE

June 2008

Strategic Direction Announcement

International Financial Systems have announced that all future developments of their product range will be browser based and will be been developed using ASP.NET and Ajax technologies.

A spokesperson said "This new strategic direction will help avoid the issues associated with Windows applications. With server side technology the deployment to the desktop is automatic. As with all other evolutions arrangements will be made with our customers to roll them forward to the new technology without further cost thereby protecting their original investment".