NEOMAlogic's Trade Finance front-end solution deployed by Lloyds TSB

Paris, December 16, 2004 - NEOMAlogic, a leading provider of Internet-based Trade Finance solutions for the financial services industry, today announced that Lloyds TSB Bank has selected its Global Trade Portal e-banking solution to make the Bank's Trade Finance offering accessible via the Internet.
Lloyds TSB Bank is leveraging Global Trade Portal to provide its customers with a full-featured Internet-based console for the on-line management of their Letters of Credit, Standby LCs, Collections, Guarantees and the underlying documentation. The Bank will also use its capability to be fully integrated with its internal back-office system as well as its corporate customers' own logistics and purchasing systems.

The first phase of the implementation has been successfully completed with the service going live in the UK under the brand "Lloyds TSB Online Trade Services". Future deployments will also include the Bank's international branches.

"Customer reaction has been extremely encouraging and we are confident that Lloyds TSB Online Trade Services will boost our trade performance and be a key tool in enabling Lloyds TSB Corporate to meet our customers' ever evolving needs." commented Ernie Battey, Global Transaction Services, Director, Lloyds TSB Bank.

Olivier Berthier, Managing Director of NEOMAlogic, said: "We are absolutely delighted that Lloyds TSB has chosen Global Trade Portal to power Lloyds TSB Online Trade Services. We see this agreement with one of the largest financial institutions in the UK as another major endorsement of our expertise and the value offered by our front-end solution."