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Financial Objects achieves Gold Certified Partner status with microsoft

Financial Objects' commitment to Microsoft's Windows and .NET technology
earns recognition for ActiveBank

London, 16 April 2002 - Financial Objects, a leading supplier of advanced technology banking software and services, today announced Microsoft has awarded the company gold partner status for software products, for its ActiveBank product range. Microsoft's gold certified partner program identifies companies that have proven their commitment and expertise in developing software applications based on Microsoft technologies.

The ActiveBank product range encompasses internet and universal banking systems catering for financial institutions with retail, wholesale and corporate banking requirements. The component-based ActiveBank products support multiple delivery channels such as web browser - via desktop or PDA - WAP and iDTV.

"Given the number of choices in software products in the market today, customers need to quickly learn who is committed to integration and testing," said Rosa Garcia, general manager of the Partner Programs Group at Microsoft. "They need to be assured that a software provider has a policy of
platform testing and integration. With commitments to the Microsoft Windows,
and .NET platforms, Financial Objects has clearly demonstrated that its software products are robust and credible. Microsoft is pleased to have Financial Objects as a Gold Certified Partner for Software Products."

The Microsoft certified partner program brings systems integrators and developers together with application service providers, independent software vendors, Microsoft support centres and other ebusiness and enterprise systems providers. Customers benefit from the delivery of Microsoft certified solutions ranging from hosting services and vertical industry applications, to .NET services.

Microsoft provides gold certified partners with the earliest public access to Microsoft information, partner-exclusive business building resources and top-level endorsements to potential customers.

David Carruthers, CEO, Financial Objects, says: "We are very pleased that the ActiveBank products and our development team's hard work have been recognised in this way. The gold certified partnership further underlines our commitment to the provision of world-class banking solutions. I am very much looking forward to our ongoing relationship with Microsoft and the interesting opportunities it presents for the development of our products."

Financial Objects are also partnering with Microsoft in Asia-Pacific, alongside Intel and Compaq in the Keystone Alliance, a collaborative technology and marketing programme. The partnership will develop and deliver products and services for core, branch and internet banking, internet trading, STP and next-day settlement applications.