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Leading ATM industry players share expertise to benefit retail banks

London, UK, 5 April 2004 - Level Four Software, the leading provider of ATM
test and development software, today announced an agreement with Wincor
Nixdorf to share ATM specifications of its ProCash ATM software. The
companies have aligned to enable Level Four to provide accurate simulation
tools of Wincor Nixdorf's ProCash ATM software. Mutual customers will
benefit from reduced development project timescales when introducing new and
upgraded ATM content.

The agreement enables Level Four to provide ATM test and development tools
based upon Wincor Nixdorf 's ProCash NDC and DDC software. Wincor Nixdorf
is the world's third largest provider of cash solutions and its ProCash
family addresses the full spectrum of cash system applications. As the
leader in open standards for ATMs, Wincor Nixdorf was the first to
incorporate the Windows® operating system throughout the ProCash product

Rolf Scheer, director business service - partner management, Wincor Nixdorf
comments: "Collaborating with Level Four is a logical move for us. Level
Four's ATM tools are already used by a number of our customers and their
product offerings are extremely complimentary, particularly when customers
are faced with mandated industry change such as EMV. Through this agreement
we will strengthen our relationships with mutual customers."

Level Four's ATM Channel Development Suite enables ATM content to be
modified quickly and effortlessly using a simple graphical interface. Level
Four help automate testing by providing a PC based "virtual ATM" based upon
Wincor Nixdorf's ATM specifications, reducing human error and increasing
certainty before deployment. The software also helps banks to increase
security, reduce exposure to fraud and assist the migration of their ATM
network to support changing industry standards.

"Many customers are looking to upgrade their ATM networks to encompass
industry mandates and to incorporate new technologies such as Triple-DES and
Remote Key Distribution. Our partnership will enable customers to manage
this transition quickly, safely and reliably, " comments Martin Macmillan,
CEO, Level Four Software. "We are pleased to collaborate with Wincor
Nixdorf to offer our joint customers a synergistic approach to introducing
new and upgraded ATM content."

For information, contact:
Rebecca Hennessy/Jenny Taylor
Tel: +44 (0)20 7 959 5400
Martin Macmillan
Level Four Software Ltd
Tel: +44 (0)20 7661 9322