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PROFILE'S opening event in Romania proves a great success

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Romania, 13th July 2006: With great success and number of attendees PROFILE – the leading software solutions vendor for the financial and business sectors - had the openings of its new office in Romania. In a half day event on the 6th July at Hilton Hotel Bucharest, PROFILE presented to the top Banking executives its complete software solutions and product range, tailored to their needs.

Particular focus was given to the issues of the new European Union compliance regulations, including the Capital Requirements Directive (Basel II) and Financial Crime (Anti-Money Laundering, Market Abuse and Fraud), which have now become essential to implement in the banking institutions.

At the event, executives from the Risk Management and Custody services department as well as from the management of the 40 banking institutions that are based in Romania, were present. PROFILE welcomed them with high ranking staff from its Financial Solutions business unit and members of the board. All attending stated satisfied with the presentations and were interested to learn more about the systems’ capabilities.

PROFILE’s President and CEO, Mr. C. Stasinopoulos, stated at the end of the event: “We take this opportunity to thank the Romanian Banking representatives who honoured us with their presence at our first event in their country. We are overwhelmed by the interest showed and we anticipate furthering successful events with their support and our Country Manager’s contribution.”

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