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Bank Dhofar signs for NetIMEX

Surecomp announced today that the Omani based Bank Dhofar Al Omani Al Fransi
(S.A.O.G.) has recently licensed Surecomp's NetIMEX Internet Front-Office
Trade Finance solution for their corporate clients Established in 1990, the Bank with 43 branches is the Sultanate's 2nd largest financial institute.

Bank Dhofar Al Omani Al Fransi, which had previously licensed the SWIFT Ready Gold accredited IBSnet trade finance solution, becomes the 1st Gulf Region bank to license NetIMEX and the 30th worldwide since the product was first rolled-out in 1999.

The licensing of NetIMEX now allows the Bank to offers its corporate client a complete front-to-back trade finance solution, which forms part of Bank Dhofar's long-term plans to consolidate its position as a strong, regional
financial institution.