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Surecomp Business Solutions move to new UK location

London – March 17, 2005 – Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the banking and financial market, today announced the opening of its new United Kingdom sales, support and development center. The new office, based in Horley, Surrey, close to Gatwick International Airport, will be managed by Surecomp Vice President Bryan Martin.

Bryan has over 20 years experience in the IT industry and has responsibility for the development and support of the Surecomp Hi-Finance factoring solution.

The entire Hi-Finance team will be moving from their present Caterham location to the new Horley offices.

Commenting on the move, Bryan Martin remarked "The new office will facilitate and manage our continued growth and development. The office will serve as the center for our Hi-Finance factoring solution as well providing the base for Surecomp European sales activities."

"The move to a new location reflects Surecomp’s long-term commitment to future growth and development of Hi-Finance by providing the basis to continue expanding the business over the coming years" remarked Joel Koschitzky, Surecomp’s Chairman and CEO.