ICS Financial Systems Limited (ICSFS), the global application software and services provider, announces the completion of ICS BANKS migration at Unity Bank Plc to run the latest Oracle Technology, Oracle Database 11g and Oracle WebLogic Server 11g. Unity Bank, one of Nigeria’s leading retail banks, emerged from the largest merger and consolidation in Nigeria’s banking industry; is the first to run a Universal banking Application on such Oracle’s latest database and application server technology in Africa and the Middle East, and even among the first in the world.

The migration process started in June 2011, and was accomplished in a record time of two months. The process was smooth, swift and transparent. ICSFS continues to lead the performance enhancement for end of period activities. Unity bank deployed the earlier version of ICS BANKS in 2006, with this migration Unity Bank now enjoys record processing levels, running end of day processing for almost 300 branches and around 5,000 online users in less than 30 minutes.

Managing Director of Unity Bank, Alhaji Ado Y Wanka, stated:

“Staying at the forefront of modern technology and innovation has always been our top priority at Unity Bank. The success of our relationship with ICSFS goes to their excellence in providing high standard services and technologies, one of which is running ICS BANKS on Oracle’s latest technology, Oracle Database 11g and Oracle WebLogic Server 11g. We are proud to be the first African bank to use Oracle’s latest technology, which will allow us to enjoy great performance, and effective management of ICS BANKS functionalities and features. ”

Mr. IT Mohammed; Executive Director of Unity Bank, commented:

“ICSFS has been our IT partner since 2006, which enabled us to address our bank requirements and kept us updated with comprehensive and advanced banking technologies. Running ICS BANKS on Oracle Database 11g and Oracle WebLogic Server 11g illustrated outstanding results, such as delivering high performance and highly cost effective solutions. The fully integrated ICS BANKS, has proved over the years its low total cost of ownership, rapid adaptation to the regional and Nigerian market trends and helped us innovate and deploy new products.”

Managing Director of ICSFS; Mr. Robert Hazboun, stated:

“Our clients are our number one priority, and it is essential that we deliver the best technology to meet their needs effectively. We are confident that running ICS BANKS on Oracle’s latest technology will enable Unity Bank to deploy high level services, in order to meet clients’ needs more efficiently. Our strong partnership with Unity Bank aims to bring together the best in cutting-edge solutions and technical support. We wish the bank ongoing success of providing the most advanced technology available today.”

Executive Director of ICSFS; Mr. Wael Malkawi, stated:

“We are proud to be the first company to introduce universal banking solutions on Oracle’s latest technology in Africa and Nigeria in particular. Nigeria today is a leading financial hub, and a leader in utilizing the latest technologies for modern and innovative banking services. We have been leaders in servicing the banking industry in Nigeria since the 90’s, and will continue to do so. This commitment resulted in ICS BANKS receiving the award of Banking Software of the Year (2010) that was voted by thousands of Nigerians.” Mr. Malkawi continued: “As many banks today in Nigeria are looking to introduce Islamic banking window, ICSFS is happy to facilitate interested organizations on building the capacity and expertise with its ICS BANKS ISLAMIC solution.”

Alliances & Channels Manager of Oracle; Mr. Tamer Draz, said:

“With more than 30 years of an outstanding leadership, ICSFS have had a profound impact on the financial arena globally. Their dedication, specialization, accountability, under-promise and over-deliver approach are the mainstay of such incalculable accomplishment. Their strength lies in professionalism, flexibility and superb technical skills. ICSFS solutions are parameterized; therefore clients can quickly put to use the features they need with a minimum amount of time, effort and cost. Being one of the first WebLogic 11g and DB 11g adopters globally, ICS BANKS Software has leveraged the strength and capabilities of Oracle latest technology to place its head and shoulders above the rest.”

ICS BANKS provides a complete suite of banking business modules with a rich sweep of functionality and features, addressing business needs and automating accounting processes, as needed, to improve a bank’s business performance. ICS BANKS has always been a pioneer in utilizing the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system is deployed in a multi-tiered setup that runs on a web thin client, J2EE environment.

About Unity Bank Plc.: one of Nigeria’s leading retail banks. Unity Bank emerged from the largest merger and consolidation in Nigeria’s banking industry. Following the landmark banking reforms initiative of the Central Bank of Nigeria, (CBN), nine financial institutions with competences in investment banking, corporate and retail banking came together in January 2006 to form Unity Bank Plc.
unitybankng.com

About ICS Financial Systems Ltd. - (ICSFS): sister company of Computer and Communications Systems Ltd. - (CCS) and International Computer Systems (London) Ltd – (ICS-London) ,is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.
www.icsfs.com

About Oracle: Oracle (NASDAQ: ORCL) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, visit
oracle.com

ICS Financial Systems Ltd. - Jordan (ICSFS), a leading company in the field of automation and computerization of banking systems, hosted an Iftar gathering for its employees at Sheraton Hotel on 25 August. On that very honorable occasion, Board Members of the company, Heads of Departments and ICSFS’ employees were present. The aim of this banquet was to strengthen the social ties between employees and management, and to present the Ramadan spirit.

“We conduct this gathering every year to strengthen the bonds of cooperation and better understanding between our employees, especially in the holy month, and to celebrate our recent achievements.“ commented Mr. Issam Samara; Chairman of ICSFS. Mr. Samara Also expressed his respect and appreciation for the attending employees.

Managing Director of ICSFS; Mr. Robert Hazboun also stated,

“We are keen to host Ramadan’s gathering every year during the holy month, as we consider it a great opportunity to communicate with our staff and to listen to their views and ideas. I have to mention that ICSFS is concerned with good relationships and social bonds between its employees and management members, in order to provide suitable working environment. ” Mr. Hazboun seized this occasion to congratulate everyone of Eid al-Fitr.

ICS BANKS provides a complete suite of banking business modules with a rich sweep of functionality and features, addressing business needs and automating accounting processes, as needed, to improve a bank’s business performance. ICS BANKS has always been a pioneer in utilizing the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system is deployed in a multi-tiered setup that runs on a web thin client, J2EE environment.

About ICS Financial Systems Ltd. - (ICSFS): sister company of Computer and Communications Systems Ltd. - (CCS) and International Computer Systems (London) Ltd – (ICS-London) ,is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.
www.icsfs.com

Kuala Lumpur, Malaysia - ICS Financial Systems Ltd. - ICSFS, a leading company in the field of automation and computerization of banking systems, showcased its fully integrated banking solution software ICS BANKS ISLAMIC at the 2nd Annual Asia Islamic Banking Conference 2011, one of the series of Fleming Gulf’s Islamic Finance Conference in Asia, that was held in Kuala Lumpur, Malaysia from 4th - 5th July 2011, at Sheraton Imperial Hotel.

The 2nd Annual Islamic Banking Conference main aim is to help Middle East banks to successfully expand in Asia, and to release the true potential of Islamic Finance in Indonesia, Pakistan, Bangladesh, Singapore, Japan, South Korea, and China. The conference focused on steering innovations in the dynamic Asia region and exploring new frontiers, and connecting IT decision-makers from the financial industry with Islamic solutions providers.

ICSFS showcased as a Bronze Sponsor at the event, provided its hosted delegates an impressive and exclusive demonstration of its ICS BANKS ISLAMIC solutions. ICSFS marked a successful participation, excellent feedback results and winning lead opportunities.

Managing Director of ICSFS; Robert Hazboun stated,

“The Islamic Banking Business is growing worldwide, many banks and investment firms are primarily focusing on how to expand their businesses through opening regional branches to acquire new customers. ICSFS, as an international banking software provider, and a leading company in the field of Islamic Banking Industry, showcased ICS BANKS ISLAMIC solutions at this conference to introduce Asian banks and investment firms to our complete suite of banking business modules. We are delighted to sponsor this event where ICS BANKS ISLAMIC was recognized as a successful industry-leading solution that provides a fully-functional banking application. ”

Executive Director of Business Development ICSFS; Mr. Wail Malkawi; emphasized on the importance of ICSFS’s participation in the 2nd Annual Asia Islamic Banking Conference:

“ICS BANKS ISLAMIC is a completely Shariah compliant system that is tailored to Islamic Finance. The two day conference gathered over 150 leaders from Islamic and Conventional banks with Islamic window, which created a unique platform for exploring current challenges and new opportunities of Islamic Banking in Asia region. Our main focus is to discover the ideal enhancing customer loyalty strategy for Asian market.”

ICS BANKS provides a complete suite of banking business modules with a rich sweep of functionality and features, addressing business needs and automating accounting processes, as needed, to improve a bank’s business performance. ICS BANKS has always been a pioneer in utilizing the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system is deployed in a multi-tiered setup that runs on a web thin client, J2EE environment.

About ICS Financial Systems Ltd. - (ICSFS): sister company of Computer and Communications Systems Ltd. - (CCS) and International Computer Systems (London) Ltd – (ICS-London) ,is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.
www.icsfs.com

TURKEY, July 2011– ICS Financial Systems Ltd. - ICSFS, a leading provider of banking software, announced that AlBaraka Turk Participation Bank, one of the best banks in the region in presenting financial products and services in the Gulf, Middle East and South Africa, has signed a new agreement for the implementation of the ICSFS’ universal banking that includes comprehensive Sharia compliant software, ICS BANKS Islamic in its branch in Iraq.

Albaraka Turk is the first participation bank in Turkey and the strongest bank within Albaraka Banking Group (ABG), which served the Turkish economy for more than quarter of a century, and operates 113 branches all over the country, 47 of which are in Istanbul and 66 of which are in the prominent industry and trade centers of Turkey.

The agreement was signed in Istanbul – Turkey, at Albaraka Turk Bank headquarters, attending the signing ceremony were the General Manager of AlBaraka Turk Bank, Mr. Fahrettin Yahsi; Acting Manager of the Bank, Mr. Hasan Abacioglu; Assistant General Manager of the Bank, Mr. Meliksah Utku; and Senior Territory Manager of ICSFS, Mr. Jamal A. Dweik.

General Manager of AlBaraka Turk Participation Bank, Mr. Fahrettin Yahsi stated,

“AlBaraka Turk values technology and the development of human resources in the first place in order to ensure the fastest and the most perfect modern banking services as requested by customers. In this sense, we are pleased to confirm our partnership with ICS Financial Systems (ICSFS), for implementing the latest and best reached banking solution ICS BANKS ISLAMIC that is compliant with the principles of the interest free banking, to meet our clients' various banking needs in the Financial Market, especially the Iraqi Market. As we aim to be one of the leading banks with a worldwide presence offering; Retail, Commercial, Investment Banking and Treasury Services strictly in accordance with the principles of interest free banking. ICS BANKS ISLAMIC solutions will provide us with banking services that will keep us ahead of competition, with innovative technology developments in the banking industry, regionally and internationally.”

AlBaraka Turk Participation Bank-Iraq Branch, has chosen to deploy Core Banking, Credit Facility & Risk Groups, Trade Finance and Remittances modules, along with Morabaha, Ijara, Time Deposit, and Profit Distribution modules from the fully integrated ICS BANKS ISLAMIC banking software.

Managing Director of ICSFS, Mr. Robert Hazboun commented,

“ICS BANKS ISLAMIC was chosen for its well-known reputation in Iraq, to leverage operational efficiency during a reasonable implementation time. Albaraka Turk marks the third Turkish bank reference to ICSFS in Iraq; T.C. Ziraat Bankasi and Vakif Bank are current users of ICS BANKS conventional banking solution.” Hazboun added, “We hope that the agreement will be the beginning of a long lasting partnership.”

ICS BANKS provides a complete suite of banking business modules with a rich sweep of functionality and features, addressing business needs and automating accounting processes, as needed, to improve a bank’s business performance. ICS BANKS has always been a pioneer in utilizing the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system is deployed in a multi-tiered setup that runs on a web thin client, J2EE environment.

About AlBaraka Trk Participation Bank: a pioneer institution in the field of banking services that completed its establishment in 1984 and commenced operations in the beginning of 1985. Albaraka Trk continues its operations in compliance with the Law of Banking numbered 5411. Albaraka Trk was founded by Albaraka banking Group (ABG), one of the prominent groups of the Middle East, Islamic Development Bank (IDB) and a native industrial group of Turkey, which served the Turkish economy for more than quarter of a century.
www.albarakaturk.com.tr

About ICS Financial Systems Ltd. - (ICSFS): sister company of International Computer Systems (London) Ltd. – (ICS London) and Computer and Communications Systems Ltd. - (CCS), is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.
www.icsfs.com

Abu Dhabi, UAE - ICS Financial Systems Ltd. - ICSFS, a leading company in the field of the automation and computerization of banking systems, announced its successful participation as a Gold Sponsor at MEFTEC 2011, one of the world's leading financial technology event focusing on Asia and Africa, that was held in Abu Dhabi, UAE from 30-31 May 2011, at the Abu Dhabi National Exhibition Centre (ADNEC).

For the seventh year in a row, ICSFS showcased its fully integrated banking solution software ICS BANKS, winner of “Banking Software of the Year 2010” Beacon of Information & Communications Technology Awards.

This year, MEFTEC 2011, connecting IT decision-makers from the financial industry with leading-edge solution providers, achieved a successful trade show in spite of moving it to Abu Dhabi, the capital of the United Arab Emirates, the Arab World's largest banking sector. As the major focus of MEFTEC is on the markets, like Central and Eastern Europe (CEE), the Middle East, Africa and South Asia (MEASA) region.

Managing Director of ICSFS; Robert Hazboun stated, “ICSFS showcased its incredibly flexible best-of-breed innovative ICS BANKS solutions, along with its comprehensive Islamic Shari'a compliant system ICS BANKS Islamic at the most prestigious financial technology events, MEFTEC, as we recognize the event as the center and largest assemblage of financial institutions and the Banking sector in the MEASA region. Several Islamic and universal banks visited ICSFS’ stand, and were happy by the mobility, flexibility and the complete integration of the ICS BANKS modules. “

“Holding MEFTEC in Abu Dhabi for this year met ICSFS ‘optimistic expectations of opening up new business opportunities and leads.” said Mr. Wail Malkawi; Executive Director of Business Development ICSFS.
Mr. Malkawi added “We are delighted of the delegates’ views and feedback on ICSFS successful participation at MEFTEC 2011. Our aim is to reveal our expanded ICS BANKS solutions features, and to demonstrate how banks and other financial institutions can benefit by using ICS BANKS. Our clients were delighted to see us sponsoring and exhibiting MEFTEC for the past consecutive years. ICSFS’ strong participation reflects the company’s manifestation in the Middle East, Africa and South Asia (MEASA) region. “

ICS BANKS solutions utilize the world's leading technologies to deliver extraordinary value, through unifying and automating the enterprise processes on multi-lingual and multi-institution features. ICS BANKS provides banking and financial institutions clients with an incredibly flexible best-of-breed technology, and offer unparalleled support through our team of hundreds dedicated programmers, banking and finance experts, who have successfully delivered turnkey solutions to clients of all sizes for over three decades.

About ICS Financial Systems Ltd. - (ICSFS): sister company of Computer and Communications Systems Ltd. - (CCS) and International Computer Systems (London) Ltd ,is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.
www.icsfs.com

Nigeria, Lagos- ICS Financial Systems Ltd. - ICSFS, the exclusive owner of ICS BANKS system and the global leading company in the automation and computerization of banking systems, was chosen by the readers of the Nigeria Communications Week Newspaper as the Banking Software of the Year 2010.

ICS BANKS , the fully integrated universal banking software, was recognized at the Beacon of ICT Awards ceremony, which took place on Saturday, March 26, 2011 at the prestigious Eko Hotels, Lagos, Nigeria, for its outstanding contributions and commitments to put Nigeria on the global ICT map, being a creative and excellent solutions provider in Nigeria since 1997.

The Beacon of Information & Communications Technology Awards (BoICT) is organised by the Nigeria Communications Week Newspaper. BoICT Awards is an annual industry wide celebration of deserving talents, contributions and commitments to the growth of the ICT industry.

According to the editor of Nigeria Communications Week Newspaper ;Ken Nwogbo, the awards have been designed primarily to recognize government and business organizations as well as individuals for their creativity and excellence in the application of ICTs and solutions to provide efficient and high-quality services to Nigerians. The awards are based on online votes cast by thousands of Nigerians, made up of consumers of ICT products and services, the industry, media and the general public.

The event was graced by top Nigerian leaders such as Engr. Ernest Ndukwe; Executive Vice Chairman of Nigerian Communications Commission (NCC), Engr. Yomi Bolarinwa; Director General of National Broadcasting Commission (NBC), National Copyright Commission (NCC) and National Information Technology Development Agency (NITDA). "We are delighted to see ICSFS recognized for its innovative banking software," said Managing Director of ICSFS; Robert Hazboun. "This award validates our vision, technological, innovation and customer value proposition," he continued. Executive Director for Business Development of ICSFS; Mr. Wael Malkawi stated, “We are really pleased that our ICS BANKS software is a key contributor to the Nigerian IT industry, and we are honored to be part of the Nigerian ICT growth.” He added, “This award gives us the motivation to expand our geographical coverage by establishing an international presence, also to expand our products offering to cover the African Financial Market needs”.

ICS BANKS solutions utilize the world's leading technologies to deliver extraordinary value, through unifying and automating the enterprise processes on multi-lingual and multi-institution features. ICS BANKS provides banking and financial institutions clients with an incredibly flexible best-of-breed technology, and offer unparalleled support through our team of hundreds dedicated programmers, banking and finance experts, who have successfully delivered turnkey solutions to clients of all sizes for over three decades.

Amman, Jordan: ICS Financial Systems Ltd. - ICSFS, a leading company in the field of the automation and computerization of banking systems announced that Jordanian Kuwaiti Financial Leasing Company-JKFL, a newly formed finance company owned by Jordan Kuwait Bank, has chosen the complete and innovative solution ICS BANKS Finance Lease system.

The agreement was signed in Amman at the Jordan Kuwait Bank headquarters, in the presence of the Chairman of the Board of Directors of JKFL Company; Mr. Haetham Buttikhi, Board Members of the company; Nael Al-Sona’a and Ibrahim Kashat , Vice Chairman of the Board of Directors of JKFL; Abdul Hamid Al-Ahwal, Senior Manager of Information Systems Department of Jordan Kuwait Bank; Ayman Al-Hashash, the General Manager of ICSFS; Mr. Robert Hazboun, and Executive Director for Business Development of ICSFS; Wael Malkawi.

Jordanian Kuwaiti Financial Leasing Company recognized that ICS BANKS Finance Lease System is a pioneer in utilizing the latest technology to serve financial institutions, and has the ability to map current and future banking requirements that enables the company to offer financial services for its customers.

In this regard, Mr. Haetham Buttikhi Chairman of the Board of Directors of JKFL Company stated: “We are pleased that JKFL Company has opted for the latest and best reached applications of ICS BANKS software.” He continued: “We believe that ICSFS will service our financial leasing sector through its user-friendly and multi-lingual ICS BANKS software, and bolster the relationship through offering unparalleled technical and account support, to successfully implement the software quickly and efficiently.”

Mr. Robert Hazboun, General Manager of ICSFS, said: “JKLF represents a new win for us in the Jordanian Market, and highlights the growing of ICSFS in the Middle East. We are dedicated to our clients’ interests also to address market segments and business needs.” He also added: “We are reaping benefits of our stories of success which made us proud to increase ICSFS footprint locally and regionally”.

Mr. Wael Malkawi; Executive Director for Business Development of ICSFS said: “It is known that Financial Leasing is one of the best financial methods, that has been deployed in most developed countries to finance capital assets and other production processes, which contribute in supporting and developing various economic sectors. In response to this growth, ICSFS has shown its professionalism during implementing finance lease projects with diversified and distinguished local partners such as: Specialized Leasing Company, Al-Motrabetah Investment Company, Ahli Financial Leasing Company and Comprehensive Leasing Company.”

ICS' BANKS solutions utilize the world's leading technologies to deliver extraordinary value, through unifying and automating the enterprise processes on multi-lingual and multi-institution features. ICS' BANKS provides banking and financial institutions clients with an incredibly flexible best-of-breed technology, and offer unparalleled support through our team of hundreds dedicated programmers, banking and finance experts, who have successfully delivered turnkey solutions to clients of all sizes for over three decades.

About Jordan Kuwait Bank: a Jordanian public shareholding company was founded in 1976 and has successfully evolved in to a major player in the Jordanian banking system over the last few years. The bank currently operates a domestic network of 52 branches and offices distributed throughout Jordan in addition to two branches in Palestine and a branch (IBU) in Cyprus.
www.jordan-kuwait-bank.com

About ICS Financial Systems Ltd. - (ICSFS): is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.
www.icsfs.com

VakifBank chooses the universal banking software ICS BANKS for its operation in Iraq

TURKEY, February 2011– ICS Financial Systems Ltd. - ICSFS, a leading provider of banking software, announced today that VakifBank, the sixth largest bank in Turkey, have signed a new agreement for the implementation of the universal banking solution ICS BANKS in its new operation in Iraq.

VakifBank is one of the leading “multi-specialist” banks that offers the largest services in Turkey, and operates 610 branches domestically. The modern banking products and services that it offers cover not only corporate, commercial and small-scale enterprise banking, but also the retail and private banking sectors. Being engaged in investment banking and capital market activities in addition to the basic banking products and services, VakifBank offers the full range of financial products required.

VakifBank has two international offices located in New York and Bahrain and it also has participation in Austria named VakifBank International AG which has branches in Vienna, Cologne and Frankfurt. Now, VakifBank will have participation in Iraq, and will start operating its products and services in Erbil using ICS BANKS universal banking software, at the beginning of year 2011.

The agreement was signed in Ankara–Turkey, attending the signing ceremony were the Assistant General Manager of VakifBank, Mr. Ali Engin Eroğlu; the Executive Director of ICSFS, Mr. Wael Malkawi; System Management- Director of VakifBank, Mr. Ali Rıza Aydin; Territory Manager-Senior Sales of ICSFS, Mr. Jamal A. Dweik; IT Planning- Director of VakifBank, Necdet Akyel; Contract and Resource Department- Manager of VakifBank, Mr. Kerem nand.

Executive Director for Business Development of ICSFS, Mr. Wael Malkawi commented,

“ICSFS is dedicated to accommodate rising businesses and develop products and services to meet the market varying requirements. We are proud to provide VakifBank with the most flexible, best-of-breed technologies to its international market, in a way; it suits the banks client desire. VakifBank will enjoy banking on ICS BANKS Core, Credit Facility & Risk Management System, Transfers Module, Loans & Installments Module, Dealing Room Module, and Trade Finance Module. We are pleased to be chosen by one of the largest banks in Turkey and looking forward to take part in the banks expansion. The project will be finalized in a challenging timeframe of only 40 days, which makes us ahead of most of the universal banking providers.”

VakifBank will be the second Turkish bank to adopt ICS BANKS system after T.C. ZIRAAT BANKASI A.Ş, which is considered the biggest bank in Turkey and has been using the software for its Iraq branches for the past four years.

About VakifBank: was established in Turkey, on 11th January 1954 and started operating on April 13, 1954.VakifBank is one of the leading “multi-specialist” banks in Turkey. As of June, 2010, VakifBank has been the sixth largest bank of Turkey in terms of asset size. VakifBank has two international offices located in New York and Bahrain and it also has participation in Austria named VakifBank International AG which has branches in Vienna, Cologne and Frankfurt.
www.vakifbank.com.tr

About ICS Financial Systems Ltd. - (ICSFS): is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.
www.icsfs.com

YEMEN, December 2010 – ICS Financial Systems Ltd. - ICSFS, a leading provider of banking software, with the cooperation of its sister company, Computer and Communications System – CCS, one of the leading companies in the automation and computerization of banking systems in Jordan, announced today that Yemen Kuwait Bank for Trade & Investment, the first bank to be established by the private sector in Yemen, and Islamic Yemen Kuwait Bank, have signed a new agreement for the implementation of the universal banking solution ICS BANKS and the comprehensive Shari’a compliant software, ICS BANKS ISLAMIC.

Yemen Kuwait Bank for Trade & Investment is planning to expand its branch network across Yemen. And to perform their growth plan, the bank realized that they need to replace their existing banking software that has been running in the bank for more than 5 years with ICS BANKS, a universal banking system with a wide range of functionality.

General Manager of Yemen Kuwait Bank for Trade & Investment, Mr. Mohammad Al Natour said,
“Our bank’s goal is to gain customer’s confidence, facilitate banking services by introducing various channels and systems that will deliver our banking services easily and conveniently. ICS BANKS will enable us to do that and will provide us with banking services that will keep us ahead with developments in the banking industry, regionally and internationally. Part of the reason for choosing ICSFS as a partner was due to their successful presence in Yemen, in addition to strong support and system’s flexibility to adapt to local requirements.”

The agreement was signed in Sana’a - Yemen, attending the signing ceremony were the General Manager of Yemen Kuwait Bank for Trade & Investment, Mr. Mohammad Al Natour; General Manager of Islamic Yemen Kuwait Bank, Mr. Amer Toukan; the Executive Director for Business Development of ICSFS, Mr. Wael Malkawi and the Deputy General Manager for Finance of CCS, Dr. Hani Abu-Rub.

General Manager of Islamic Yemen Kuwait Bank, Mr. Amer Toukan said,
“Islamic Yemen Kuwait Bank is dedicated to providing the best financial services in Yemen through outstanding services, product innovation and comprehensive Islamic Shari’a compliant systems. That’s why we chose ICS BANKS ISLAMIC, where the system is built to present and deliver the latest technology in Islamic financial systems and products. Our challenging ambition is to implement ICS BANKS ISLAMIC in less than two months.”

Islamic Yemen Kuwait Bank will implement ICS BANKS ISLAMIC, fully integrated Islamic banking software from ICSFS; with the participation of its sister company CCS in a turnkey project, hardware and software. Executive Director for Business Development of ICSFS, Mr. Wael Malkawi commented, “Yemen Kuwait Bank for Trade & Investment and Islamic Yemen Kuwait Bank are considered our second and third new wins into the Yemeni Market. These wins reveal our rising path in Yemen, and shows that banks are investing more in universal banking technology to grow and deliver excellent customer service. We are delighted to be working with Yemen Kuwait Bank for Trade & Investment and Islamic Yemen Kuwait Bank; these partnerships will strengthen our position as a leading universal banking solutions provider in Yemen.”

About Yemen Kuwait Bank for Trade & Investment: was established in Sana’a in accordance to presidential council No (58) dated 8th March, 1978.The bank started its banking operations in 1979.YKB is considered the first bank to be established by the private sector in Yemen. YKB is considered exceptional due to the regular net profit it generates annually and also because it fulfills the capital adequacy standard set by Central Bank of Yemen.
www.yk-bank.com

About Islamic Yemen Kuwait Bank: was established in Sana’a in 2010. Islamic Yemen Kuwait Bank is a new subsidiary of Yemen Kuwait Bank for Trade & Investment that will start operations end of 2010.

About ICS Financial Systems Ltd. - (ICSFS): sister company of Computer and Communications Systems Ltd. - (CCS), is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.
www.icsfs.com

About Computer and Communications Systems Ltd. - (CCS): founded in 1982 is one of the Middle East’s leading IT companies and one of the largest IT companies of its kind in Jordan. CCS provides assistance in every aspect of the IT Project and Skills Transfer cycle: from initial consultancy through to design, development, networking, infrastructure, implementation, training, and on-going maintenance. We have produced state-of-the-art software and provide world leading Consultancy.
www.ccs.com.jo

AMMAN, 2011 – ICS Financial Systems Ltd. (ICSFS), a leading provider of banking software with the cooperation of its sister company Computer and Communications Systems Ltd. (CCS), one of the leading companies in the automation and computerization of banking systems in Jordan, have signed with Derayah Financial Corporation, one of the strongest investment services companies of Saudi Arabia, to deploy the universal banking solution, ICS BANKS. The partnership, which originated in 2008, allowed ICSFS to implement its solution, ICS BANKS, in two phases within a, respective, duration of six months.

ICSFS successfully deployed its Core Banking, Investments and Treasury ICS BANKS solutions, supplemented by Oracle’s advanced 10G features, to effectively support and manage Derayah’s rapidly growing customer base and needs. ICSFS transformed highly complex, fragmented legacy core systems into an integrated, simplified and cost-effective solution.

Commenting on the decision to select ICSFS, Hashem AlHekail, COO, Derayah said,
"ICSFS provided us with the needed applications to support our business strategy. With the flexibility and innovations both parties have, we will be able to develop new products and provide our customers with continuous service improvements, while reducing operational costs. We consider ICSFS as a long-term strategic partner."

ICSFS obtained the Tadawul certification via its partnership with Derayah, the Tadawul certification developed by world-leading consulting company McKinsey, utilizes best practices in mature global capital markets. The cooperation between these organizations secured the Tadawul certification in the first round of testing. ICS BANKS solutions were deployed based on criteria required by the Securities Commission, this will also increase ICSFS list of customers in Saudi Arabia, as the KSA market is the largest of MENA stock markets in terms of revenue projections, volumes and opportunities.

“We are delighted to have achieved a successful industry-leading solution execution in the Saudi Arabian market. We want to thank Derayah for trusting us, allowing our first project in KSA.”
said Fayez E. Samara, Member of Board of Directors at ICSFS.
“Through this alliance, we exceeded Derayah’s expectations, maintained our consistent record of accomplishment as well as received the Tadawal certificate.”

Derayah is the only one-stop shop for individual investors in the Middle East. Derayah offers the first independent online platform where individuals can invest in over 85 mutual funds from 9 asset managers as well as seamless access to multiple markets from one account. Derayah offers its services accompanied by an offering of financial information, research and advice to make informed investment decisions on their own.
www.derayah.com

ICS Financial Systems Ltd., sister company of Computer and Communications Systems Ltd. - (CCS), is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.
www.icsfs.com

Computer and Communications Systems Ltd., founded in 1982, is one of the Middle East’s leading IT companies and one of the largest IT companies of its kind in Jordan. CCS provides assistance in every aspect of the IT project and skills transfer cycle: From initial consultancy to design, development, networking, infrastructure, implementation, training and ongoing maintenance. CCS produces state-of-the art software and provides world-leading consultancy.
www.ccs.com.jo

JORDAN, November 2010 – ICS Financial Systems Ltd. - ICSFS, a leading provider of banking software, with the cooperation of its sister company, Computer and Communications System – CCS, one of the leading companies in the automation and computerization of banking systems in Jordan, have signed a new agreement with Iraqi Islamic Bank for the implementation of the international banking solution ICS BANKS ISLAMIC.

The agreement was signed in Jordan, attending the signing ceremony were the Chairman of Iraqi Islamic Bank, Dr. Tarik Al-Abudallah ; Mr. Basim Kamal Mahdi, General Manager, Iraqi Islamic Bank; the Chairman of ICSFS and CCS, Mr. Esam Samara; the Managing Director of ICSFS, Mr. Robert Hazboun; the Executive Director for Business Development of ICSFS, Mr. Wail Malkawi and the Business Development Manager, Mr. Hatem Odeh.

Chairman Esam Samara said,
“We have enhanced our software to service all banking and financial sectors; and one of the most rising sectors is the Islamic, where ICS BANKS ISLAMIC is built to present and deliver the latest technology in Islamic financial systems and products.”

Iraqi Islamic Bank started practice through its main branch by providing banking services to different types of citizens and investment funds in different investment areas, in accordance to the rules of Islamic Sharia law, based on the banks’ well-built consolidation; it established the concepts of Islamic banking business.

Iraqi Islamic Bank will implement ICS BANKS ISLAMIC, fully integrated Islamic banking software from ICSFS; with the participation of its sister company CCS in a turnkey project, hardware and software, by the end of this year. The Bank chose ICS BANKS ISLAMIC from the success the software showed in the Iraqi Market.

Managing Director Robert Hazboun stated,
“ICSFS has signed a new agreement with Iraqi Islamic Bank, for the implementation of its international banking solution ICS BANKS ISLAMIC, a comprehensive Sharia-compliant application, to be their strategic IT partner. We are proud to implement ICS BANKS ISLAMIC in the Head Office and branches of Iraqi Islamic Bank and we look forward to servicing them in their future expansion plans.”

ICS BANKS ISLAMIC solutions utilize the World’s leading technologies to deliver extraordinary value, through unifying and automating the enterprise processes on a multi-lingual and multi institution features, providing our banking clients with an incredibly flexible best-of-breed technology and offer unparalleled support, that have been assembled by our team of hundreds; dedicated programmers, banking and finance experts who have successfully delivered turnkey solutions to clients of all sizes over three decades of experience.

About Iraqi Islamic Bank:
established as an Islamic Investment and Development bank under the certificate of incorporation issued by the Registrar of Companies on 19/12/1992, and was credited by the Central Bank of Iraq on 23/02/1993, has identified the objectives of the Banks Memorandum of Association to contribute to the economic growth and to create a wider areas of cooperation with the government and private banks, within the framework of economic and financial policy of the State, and in accordance of the Islamic Sharia provisions. www.iraqiislamicb.com

About ICS Financial Systems Ltd. - (ICSFS):
sister company of Computer and Communications Systems Ltd. - (CCS), is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS that serves and supports customers across the globe. ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services. www.icsfs.com

About Computer and Communications Systems Ltd. - (CCS):
founded in 1982 is one of the Middle East’s leading IT companies and one of the largest IT companies of its kind in Jordan. CCS provides assistance in every aspect of the IT Project and Skills Transfer cycle: from initial consultancy through to design, development, networking, infrastructure, implementation, training, and on-going maintenance. We have produced state-of-the-art software and provide world leading Consultancy. www.ccs.com.jo

 International Computer Systems (London) Ltd., a leading provider of banking software, hosted over 130 attendees from 22 countries across the world, 24 speakers, 18 sessions at the luxurious Kempinski Hotel Ishtar Dead Sea – Jordan.
 
AMMAN, November, 2010 – International Computer Systems (London) Ltd. - ICS (London), a leading provider of banking software successfully organized its User Summit by hosting over 130 attendees from Asian, European and African organizations of its prestigious clients in the financial services industry at the Kempinski Hotel Ishtar Dead Sea – Jordan. During the Summit, ICS (London) announced the launch of its sister company; ICS Financial Systems Ltd. (ICSFS) that explored the future of its banking software. In addition to serving as the central brain trust among its clients, senior executives rolled out the next iteration for ICS’ success, ICS Financial Systems Ltd. (ICSFS) at the Dead Sea event.

“We anticipated roughly 130 attendees. However, I was delighted by the big number of attendees, who travelled from different countries from around the world to Jordan in the name of our organization,” said ICS and ICSFS Chairman Esam Samara. “ICS BANKS and ICSFS are trailblazers when it comes to technological offering as well as regional command. The momentum and discovery generated by this Summit reflected positively on the company’s solutions and future plans.”

HP, Oracle and IrisGuard were ICS BANKS User Summit Gold Sponsors, among the global affiliates, leading in event sponsorship along Silver sponsors, Entersect, Pio-Tech, Prooftag and Access to Arabia.

“The contributions made by some of our prominent technological partners demonstrate a commitment to ICS and ICSFS. The turnout and overall discourse was a benefit to both organizations and attendees. This Summit provided a wonderful model to elevate the discussion when it comes to the future of our solutions,” said ICSFS General Manager Robert Hazboun.

ICS BANKS User Summit ran from Monday November 1st to Thursday November 4th 2010, where delegates were invited to a variety of gala dinners, live entertainment and a historical tour of Jordan. The opening key note was inaugurated by H.E. Dr. Khaled Al-Laham, Secretary General of the Ministry of Communications and Information Technology on behalf of the Minister.  During the conference, ICSFS shared with attendees the past, present and future products and services roadmap, the outcome of the summit proved that the vision and strategies of ICSFS has been and still aligned with the expectations of its customers.

Our delegates’ feedbacks on the success of ICS BANKS User Summit revealed an overwhelming input for the great hospitality and well organized conference; all attendees are looking forward for ICSFS upcoming events.

Mr. Dare Adeyeri, CIO of Guaranty Trust Bank (GTBANK Nigeria) commented;
“On behalf of our bank, I would like to thank and congratulates  ICSFS on the successful User Summit. ICS BANKS User Summit has brought together an outstanding group of CEO, CIO and IT Managers and booming technology leaders and partners, to present an exceptional learning opportunity about new banking requirements trends and technology roadmap.”

A sound, historical foundation in tandem with effective sales tactics, robust brand equity, and a consistently viable business model underscored the tone of the Summit as it has ICS for years. In spite of the global economy’s trend of market instability, ICS and ICSFS hedged against the odds by communicating a message of ensured financial growth and focus to its clients and industry experts.

GT Bank displayed an impressive showing, taking seven out of fifteen awards including, Best Bank in IT and Electronic Banking, Best Banking in Short term Loan Financing, Best Growing Bank, Best in Product Innovation, Best in Advisory Service, Best in Retail Banking, and finally, the coveted Bank of the Year Award.

Shortly after GT Bank’s triumph, Stephen Abban, Head of Technology for GT Bank, commented to ICS (London) Limited,

“We wish to say a big Thank You to you all for the kind support and encouragement over the years. With you still behind us, we know a lot more good things are ahead. Congrats to you all...”

GT Bank is one of our largest customers in Africa, holding subsidiaries in Nigeria, Gambia, Sierra Leone, Ghana, United Kingdom and Liberia. ICS (London) Limited has been providing GT Bank branches with ICS BANKS Solution since 1997, when GT Bank not only moved to retail banking, but acclaimed instant success year after year. Since then, GT Bank has been at the forefront of the African banking and ICS (London) fully supports their mission.

ICS BANKS solutions utilize the world's leading technologies to deliver extraordinary value, through unifying and automating the enterprise processes on a multi-lingual and multi-institution features, providing banking and financial institutions’ clients with an incredibly flexible best-of-breed technology, and offer unparalleled support that have been assembled by our team of hundreds; dedicated programmers, banking and finance experts who have successfully delivered turnkey solutions to clients of all sizes over three decades of experience. ICS (London) Limited proudly congratulates Guaranty Trust Bank Limited Ghana for their recent success at the 9th Annual Ghana Banking Awards.

About Guaranty Trust Bank (Ghana) Limited : was registered in Ghana in October 2004 and obtained its universal banking license from the Bank of Ghana on 23rd February, 2006, thereby paving the way for the commencement of operations. The Bank is a subsidiary of Guaranty Trust Bank Plc, one of the foremost banks in Nigeria with a Triple A rating; the first indigenously owned sub-Saharan bank to be quoted on the London Stock Exchange. In 2008, it became the first new generation indigenous African bank to obtain a banking license to carry out fully fledged commercial banking activities in the United Kingdom. www.gtbghana.com

About International Computer Systems (London) Ltd: founded in 1978 as a Systems Integrator and Turn-Key solutions provider, enjoys an unbroken record of successful banking solutions implementation with over 62 banks across 3 continents. www.icslondon.com

Amman, Jordan: International Computer Systems (London) Ltd. – ICS and its sister company Computer & Communications Systems Ltd. – CCS; two leading companies in the automation and computerization of banking systems, has signed an agreement with Ahli Financial Leasing Co.; a new subsidiary company of Jordan Ahli Bank, on implementing BANKS Finance Lease system to offer its clients financial services through the activation of the newest technologies of the complete software BANKS.

The agreement was signed in Amman at the Ahli Financial Leasing Company headquarters, in the presence of the General Manager of the company; Mr. Nebal Freihat, Board Members of the company; Mr. Eyad Al A’sali and Mr. Zahi Fakhouri, the Director of ICS (London); Mr. Robert Hazboun, the Finance Lease Department Manager at ICS (London); Mr. Mahmoud Masa’eed, and Territory Manager at CCS; Mr. Hani Al-Hamaydeh. Mr. Freihat, General Manager of Ahli Financial Leasing Company, was very pleased to assemble the partnership with ICS (London) and its sister company CCS, and commented during the signing of the Agreement:

“As financial leasing showed its significance as a viable appliance of several financing applications in Jordan, Ahli Financial Leasing Co. was formed by Jordan Ahli Bank in order to serve the development and expansion of the Jordanian Financial Leasing Market. As a response to this growth, Ahli Financial Leasing Co. needed to implement the latest and best reached applications in servicing the finance lease sector, that’s why we chose BANKS software, after proving that BANKS is the system that will be contributing to our goals of providing successful and specialized financial leasing operations. ICS will assist us in reaching optimum customer satisfaction and to exceed their expectations.”

Ahli Financial Leasing Company started the implementation process on BANKS Finance Lease system beginning of December 2009 and cutover at the end of the same month. “We are proud to announce Ahli Financial Leasing Company as a new member of BANKS users in Jordan; this entitles Ahli Financial Leasing Co. to be our eleventh BANKS user and our fourth user of BANKS Finance Lease system in Jordan. We are very optimistic with the growth of the finance lease sector in Jordan, and wish success and prosperity to Ahli Financial Leasing working on our universal financial software; BANKS.” Said Mr. Robert Hazboun, Director of ICS (London).

Amman, Jordan: International Computer Systems (London) Ltd. - ICS and Computer and Communications Systems Ltd. – CCS, two of the leading companies in the automation and computerization of banking systems, have announced the signing of a new agreement with United Bank of Iraq for Investment for the implementation of International Computer Systems’ universal banking software solution BANKS .

The agreement was signed in Amman - Jordan, and took place at CCS headquarters. The signing ceremony was attended by United Bank of Iraq for Investment’s Vice-Chairman of the Board of Directors; Mr. Raad Al Badri, Director of International Computer Systems (ICS); Mr. Robert Hazboun, General Manager of Computer and Communications Systems (CCS) in Palestine; Mr. Nasser Abu Hijlah and General Manager of Al Awa’el for Information Technology Services - a division of CCS - Mr. Zuheir Qulaghasi.

Mr. Al Badri; Vice-Chairman of the Board of Directors for United Bank of Iraq for Investment, was very pleased of opting one of the leading universal banking solutions BANKS, hoping that the agreement marks the beginning of a lasting partnership and cooperation with International Computer Systems (London).

“The Iraqi financial market is experiencing a bright launching, and proceeding to bring the best and the latest global banking services to its clients by introducing and developing within the banks structure the best modern international banking system applications. As a result, United Bank of Iraq for Investment is ensuring the best of breed technology delivery to its client by opting one of the leading banking solutions provider; BANKS .” said Mr. Raad Al Badri, Vice-Chairman of the Board of Directors, United Bank of Iraq for Investment.

Africa, Gambia: International Computer Systems (London) Ltd, one of the leading companies in the automation and computerization of banking systems, announced that Prime Bank (Gambia) Limited has gone live on BANKS software to offer its clients banking services in the Gambia, through the activation of the newest technologies of the banking systems by BANKS.

Prime Bank (Gambia) Limited is a private commercial bank in the Gambia. It is the twelfth commercial bank to be licensed in the country, the bank is a subsidiary of Lebanese Canadian Bank (LCB), whose presence in Lebanon since the 1960 had been a success story in the Lebanese banking sector, where the bank is among the ten top Lebanese banks and the bank's performance has surpassed its age.

Mr. George E. Zard Abdou Jaoude, the Parent body of Prime Bank Gambia Limited, who is also the Chairman and General Manager of the Lebanese Canadian Bank, said the presence of his bank in the Gambia is no coincidence, but rather on conviction in the economic future of the country. The opening ceremony of Prime Bank Gambia Limited was on the twenty fifth of May 2009, under the auspices of the governor of the Central Bank of The Gambia.

The LCB chairman further explained that Prime Bank Gambia Limited is a subsidiary of LCB and they intend to provide them with the usual parent company support from training to roll out of new relevant products to target customers. The process of applying BANKS systems took a record time by ICS (London) Ltd., where the process took only two months, and began serving customers on the banking systems BANKS beginning of June this year, which demonstrated its unique ability to enhance performance and increase the effectiveness of management information to improve and facilitate industry decisions in financial institutions.

Jordan, Amman: International Computer Systems (London) Ltd. – ICS and its sister company Computer & Communications Systems Ltd. – CCS; two leading companies in the automation and computerization of banking systems, has signed an agreement with Comprehensive Leasing Company; one of the largest companies of Nicola Abu Khader Group, on implementing BANKS Finance Lease system to offer its clients financial services through the activation of the newest technologies of the complete software BANKS.

The agreement was signed in Amman at the Comprehensive Leasing Company headquarters, in the presence of the General Manager of the company; Mr. Elia Wakileh, and the General Manager of ICS (London); Mr. Robert Hazboun.

Mr. Wakileh, General Manager of Comprehensive Leasing Company, said after the signing of the Agreement: “We are pleased to confirm our partnership with International Computer Systems (London), for implementing the latest and best reached applications of BANKS software in servicing our financial leasing sector in Jordan and abroad. We chose BANKS Finance Lease system as it is in line with our strategic direction; to meet all customer requirements in a very short period of time and to keep pace with developments in the field of information technology systems used in leasing operations”

Mr. Robert Hazboun, general manager of ICS (London), expressed the company’s pleasance to be the Comprehensive Leasing Company’s first choice and preferred software partner for the integration of their finance lease system, confirming ICS’ commitment on helping the company to deliver extraordinary value and to exceed their customers’ expectations in their future plans.CCS and ICS’ BANKS solutions utilize the world's leading technologies to deliver extraordinary value, through unifying and automating the enterprise processes on a multi-lingual and multi institution features, providing our banking and financial institutions clients with an incredibly flexible best-of-breed technology and offer unparalleled support that have been assembled by our team of hundreds; dedicated programmers, banking and finance experts who have successfully delivered turnkey solutions to clients of all sizes over three decades of experience.

Ramallah, Palestine: Computer and Communications Systems Ltd. (CCS), one of the leading companies in the automation and computerization of banking systems, have signed a new agreement with Palestine Investment Bank for the implementation of its sister company International Computer Systems’ universal banking software solution BANKS .

The agreement was signed in Ramallah - Palestine, the signing ceremony was attended by Palestine Investment Bank Board of Directors member; Mr. Ibrahim Abu Diyeh, General Manager of Palestine Investment Bank; Mr. Zakaria Ghawanmeh, and General Manager of Computer and Communications Systems (CCS) in Palestine; Mr. Nasser Abu Hijlah. This new agreement for ICS’ BANKS solution makes Palestine Investment Bank the 12th user of BANKS in Palestine and 57th worldwide.

Mr. Ibrahim Abu Diyeh; Palestine Investment Bank Board of Directors member, expressed his pleasance of opting one of the leading universal banking solutions BANKS, hoping that the agreement marks the beginning of a lasting partnership and cooperation with Computer and Communications Systems.

Mr. Nasser Abu Hijlah; General Manager of CCS in Palestine announced during the signing of the agreement: “We have been providing the Palestinian market with a complete suite of banking and financial systems since 1995, and have witnessed our customers’ growth in Information Technology needs throughout these years, which enabled us to innovate, develop and well establish our products and services in a way to better serve their enduring banking solutions requirements. It is a great achievement for us to be chosen from so many international vendors to be the preferred software for Palestine Investment Bank. We are proud to serve them as their technology partner, and it is the knowledge of business that drives us both to succeed and grow, and compose a very strong team.”

Egypt - Cairo: International Computer Systems (London) Ltd. – ICS announced its successful implementation of its BANKS software at the Industrial Development & Workers Bank of Egypt (IDWBE) in Cairo. IDWBE went live with BANKS applications on April 1st, 2009 and launched BANKS latest version, running under Linux 5 operating system and Oracle (10g). ICS studied the whole environment of IDWBE including its products and services, concentrating on

the markets the banks deal with specifically the Egyptian market and providing consultation and needed support for various banking products.

In November 2008 two banks; Industrial Development Bank of Egypt (IDBE) and the Egyptian Workers Bank, merged to become the Industrial Development & Workers Bank of Egypt (IDWBE). The new merger resulted with having an overall of 19 branches within major and new industrial cities of Egypt, where IDBE had 14 and the Egyptian Workers Bank had 5 branches.

Mr. Shahin Serag Al-Din; IDWBE Chairman stated: “We chose BANKS from ICS for its extensive business functionality, where it covered the whole business cycle of our Bank, and is fully integrated for maximum efficiency. BANKS formed an invaluable tool for handling any amount of data and transactions, and provided additional layers of security at all levels of IDWBE operations. ICS’s team delivered robust solutions for optimizing IDWBE customized system implementation”

Egypt - Cairo: International Computer Systems (London) Ltd. – ICS, the global leading provider of financial services technology solutions and integrated universal banking systems, showcased its fully integrated banking solution BANKS software at BankTech 2009. The event took place from 25- 27 May 2009, at Cairo – Egypt and was held at Fairmont Towers Hotel under the auspices of H.E Dr. Tarek Kamel; Egyptian Minister of

Communication & Information Technology and H.E Dr. Ahmed Darwish; the State Minister for Administrative Development. BankTech 2009 was also held under the patronage of The Federation of Egyptian Banks and in co-ordination and participation of the Union of Arab Banks and the Central Bank of Egypt.

Following frequent successful participations of ICS in previous international events, ICS received excellent feedback results and winning lead opportunities. As a first time participant in Egypt, ICS (London) was committed to provide its hosted delegates an impressive and exclusive demonstration of BANKS supreme solutions at BankTech 2009. ICS’ (London) booth was one of the outstanding booths that captured delegates’ attention, due to its fully constructed demonstration for total integrated solutions that is provided to any banks Information Technology needs, and was demonstrated to the hosted delegates solely. The Egyptian banking sector has been experiencing annual growth in assets, deposits, liabilities and a rise in mergers and acquisitions. Consequent to that, two Egyptian banks; Industrial Development Bank of Egypt (IDBE) and the Egyptian Workers Bank, merged to become the Industrial Development & Workers Bank of Egypt. The new merger resulted with having an overall of 19 branches within major and new industrial cities of Egypt, where IDBE had 14 and the Egyptian Workers Bank had 5 branches.

Mr. Esam Samara; ICS (London) Chairman, commented: “We are delighted to take part in the Egyptian IT Industry, and were mesmerized by its extensive development. Our team overwhelmed the exhibition visitors by offering key functionality of BANKS applications. The Egyptian banking industry will witness our success in implementing our systems in the Industrial Development & Workers Bank of Egypt. Several

Sudan -Khartoum: A one day Seminar organized by International Computer Systems (London) Ltd. – ICS, the global provider of integrated universal banking systems, was held at the Sudan Banks Union in Khartoum- the capital of Sudan- on May 06, 2009. The event was entitled “Introducing BANKS ISLAMIC” where ICS showcased its fully integrated banking solution software BANKS and presented one of its high technology universal product; BANKS ISLAMIC.

The Seminar’s main aim was to introduce BANKS ISLAMIC to the banks in Sudan, where the central bank and many banks, including CEOs, General Managers, consultants, Technical directors and IT Managers attended the Seminar and where exposed to the latest developments and applications of BANKS ISLAMIC.

As Sudan is considered one of the largest countries in Africa and all of its banks are running on Islamic Sharia-compliant banking, ICS (London) brought together all of these banks and experienced a successful demonstration, excellent feedback results and winning lead opportunities. BANKS ISLAMIC captured bankers’ attention, due to its unique and distinguished applications and stimulating fully constructed systems for complete integrated Islamic solutions that are implemented in any bank’s IT infrastructure.

ICS (London) involvement in the Africa region started by offering a comprehensive best practices financial solutions for banking and financial institutions using BANKS software, providing integrated solutions in the beginning of its establishment in London, then started providing assistance in every aspect of the Information Technology’s consultancy, development, networking, infrastructure, implementation, training, and on-going maintenance.

London - UK: International Computer Systems (London) Ltd. - ICS showcased its fully integrated banking solution software BANKS at the Middle East most exclusive financial technology event MEFTEC, that took place from 10- 11 February 2009, at the Kingdom of Bahrain- the Middle East’s premier financial center, under the auspices of the Central Bank of Bahrain.

ICS (London) has been sponsoring and exhibiting MEFTEC for the past several years, following the frequent successful participations, excellent feedback results and winning lead opportunities. As a Silver Sponsor, ICS (London) is committed to provide its hosted delegates an impressive and exclusive demonstration of BANKS total solutions at MEFTEC.

Amman - Jordan: Computer and Communication Systems (CCS) in co-operation with its sister company International Computer Systems (London) Ltd. (ICS) took part in the Middle East Technology Show METS’08, along with approximately 40 other companies working in the same field of information technology. The exhibition took place at Zara expo – Grand Hyatt Amman Hotel, from the 18th till the 21st of December 2008. The exhibition opening was held under the patronage of His Excellency Eng. Basim Al Rosan / Minister of Information and Communications Technology, where a big number of bankers attended the exhibition among several businessmen from multi-national organizations, who were astonished by the Jordanian’s IT market. Following the success of previous participations in METS, CCS & ICS predicted that this year’s exhibition is going to be distinguished than the others for the increase rising of IT demand in the Middle East. ICS (London) Ltd.

UK, London: Guaranty Trust Bank (UK) Limited started offering its clients banking services in the United Kingdom, through the activation of the newest technologies of the banking systems from coalition.

One of Nigeria's leading banks, announced that its United Kingdom subsidiary, GTB UK Ltd ("GTB UK"), has gone live with ICS’ BANKS software to operate as a full fledged commercial bank; offering corporate and retail banking services, in the UK.

International Computer Systems (London) Ltd (ICS), one of the leading companies in the automation and computerization of banking systems, has signed a new agreement with Guaranty Trust Bank UK Ltd ("GTB UK"), for the implementation of its international banking solution BANKS, to be their IT partner. A meeting was held at the head offices of ICS London Ltd., in January 2008 and was attended by the Managing Director of the GTBank, Mr.Tayo Aderinokun, General Manager of the GTBank UK, Mrs. Ronke Bammeke, Chairman of ICS, Mr. Essam Samara, Vice-President of Business Development of ICS, Mr. Wail Malkawi and Director of ICS, Mr. Fayez Samara.

Amman - Jordan: International Computer Systems (London) Ltd. - ICS with the coordination of Hewlett-Packard - Middle East - HP and partner company Computer and Communications Systems Ltd – CCS of Jordan hosted an International High Technology Seminar for the Financial Institutions Sector, dedicated to implementing efficient financial and Banking Solutions in order to achieve highly developed Banking services.

The seminar was held at the Kempinski Hotel, where the focus was on the technologies most keenly in demand, supporting a new generation of Banking services and products – Investment Modules, Asset Management, e-Brokerage, e-Banking, Business Process Management and Budgeting & Planning.

Mr. Wail Malkawi, Vice President of Business Development at ICS (London) Ltd., opened the seminar by a welcoming speech to Hewlett-Packard HP and started his presentation explaining the relationship between ICS & CCS, listing their products & services, accentuating business challenges, trends & targets. He also mentioned that the market is moving fast and today’s financial institutions are focusing on planning, marketing & branch delivery channel, whereas more traditional IT is facing difficulties responding to financial & management needs.

Mr. Wail Malkawi stated:

“The ICS solution utilizes the world’s leading technologies to deliver extraordinary value, through unifying financial charts of account, balance sheets, chain management and redefining internal banking processes with multi-lingual features & smooth data transfer from one module to another”.