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eFunds Select Level Four for Testing Automation

Miami/London, 30 May 2006 - Level Four Software, the market leader in open standards-based ATM test and development software, has been selected by eFunds Corporation, the leading provider of risk management, electronic payments and related outsourcing solutions, for an implementation of Level Four's ATM Channel Development Suite.

Level Four's ATM Channel Development Suite, which includes ATM TrueTest and ATM Developer, has been implemented as part of a global licensing agreement at their offices in Chennai, India and also in Watford, England.

eFunds, one of the largest EFT processors in the world, was looking for comprehensive end-to-end testing tools to assist in the testing of their systems. By implementing ATM Developer and ATM TrueTest, eFunds will be able to automate their testing processes, improving and streamlining the company's development operations.

Level Four's product strategy supports the increasing adoption by financial institutions of open-standards based ATM software. Open standards-based solutions are currently transforming the ATM market, which was historically controlled by a few large proprietary vendors.

Jorge Fernandez, CEO of Level Four Americas, said: "The completion of this deal with eFunds confirms that our product strategy is in line with customer demand. This project furthers Level Four's global development plans and supports our increasing reputation as the de facto ATM software specialists worldwide."