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Intermarket Banking Corporation Zambia selects Equinox Universal Banking Solution

London, December 12th, 2005

Intermarket Banking Corporation (Intermarket), an upcoming and notable player in the Zambian financial services industry, has chosen Neptune’s Equinox Universal Banking solution to power its operations now and well into the future. The decision followed a thorough evaluation of the best established banking software providers in the world.

Speaking about the decision, Sherry Thole, Managing Director of Intermarket, said: "The Choice of Equinox Banking system is fundamental to our ability to effectively transform from a discount house to a fully fledged commercial bank as the solution promises to address our current needs and accommodate new and sophisticated products traditional with retail commercial banks. We are very happy with our decision and are confident of Neptune’s proven ability to deliver."

Chibuzo Ene, Neptune’s Regional Director observed that this new business relationship with Intermarket offers Neptune Software an opportunity to demonstrate the service distinctiveness and capability of Neptune Software and Equinox Banking System to a leading financial institution in Zambia. He further observed that "Intermarket has a wide range of products and well-defined ambitions. They wanted the right software up and running in a short timeframe, a challenge which we welcome as yet another opportunity to enhance Neptune’s sterling reputation. We are delighted to have them as our first client in Zambia."

Intermarket will implement both the Core Retail and Treasury modules of Equinox on the Windows platform across the entire branch network.