KAL and eCards Announce Strategic Partnership for Banking ATM Software in East Africa

December 2005

Edinburgh, United Kingdom - KAL and eCards Solutions are pleased to announce a strategic partnership to provide software solutions for Banking ATMs (Automated Teller Machines) in the East Africa region. eCards, the area's leading third party processing company and supplier of ATM solutions, has selected KAL's Kalignite Software Suite including the Kalignite NDC application as the foundation for its entry into the ATM "multi-vendor" software arena.

Aravinda Korala, KAL's CEO stated "KAL is very pleased to be entering this partnership with eCards. Their local knowledge and experience combined with the proven capabilities of our Kalignite Platform and Kalignite NDC application will be a strong force in the market place. Kalignite NDC enables eCards to deploy complete software solutions to any banking ATM due to its unparalleled multi-vendor support. This will inevitably help to shift the balance in an ATM software market that was, until recently, dominated by the hardware vendors with their proprietary software platforms".