Network International Selects PIC Solutions for VisionPLUS® Project

Cape Town, 12 August 2004 - Dubai based Network International LLC has signed a contract with PIC Solutions, who will assist Network International with the account portfolio migration of a leading bank in Kuwait, onto Network International’s VisionPLUS account processing system.

Network International, the third party account processing subsidiary of Emirates Bank, offers a complete range of credit and debit card processing, merchant acquiring and e-commerce services. PIC Solutions will assist with the migration, from their current HPS/Oracle 8i environment, onto Network International’s VisionPLUS 2.5 AS400 system. PIC Solutions personnel have extensive experience of the VisionPLUS software and have performed a number of VisionPLUS migration projects.

Ram Chari, Head of Network International adds, "We are very excited about working with PIC Solutions on this client migration project.  PIC Solutions has been involved in a number of projects in the Middle East and their extensive VisionPLUS technical experience and business skills will complement our ICT team significantly.”

Mike Crawley, Director of Software Services at PIC Solutions states, “We are delighted to be assisting Network International with the migration. Our software services personnel have extensive experience of working on VisionPLUS conversions, with a wide range of international credit granting organisations. ”