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PROFILE participates in MEFTEC, Bahrain and appoints TTS as its local representative in the area

PROFILE, a leading IT vendor in the Banking and Financial sector, announces its participation for the second time in the world’s premier annual financial technology exhibition - MEFTEC, 11-12 February 2008 in Bahrain, where it announces the appointment of Total Technologies and Solutions FZ-LLC (‘TTS’) as a local representative of its systems in the U.A.E and Saudi Arabia.

PROFILE S.A. not only will showcase its leading range of Financial Software solutions but it will also announce its partnership with Total Technologies and Solutions FZ-LLC, a leading system integrator specialist in the U.A.E. and Saudi Arabia. TTS is appointed as the local representative to market, provide and support locally the following PROFILE solutions: - Asset Management, Investment Management & Banking, Brokerage, Trade Order Management and Custodian Services with IMSplus, - Core Banking, CRM Banking and eBanking with SPECTRUM and - Data Feed to local markets with Market Data & Analytics tools.

PROFILE appoints Total Technologies and Solutions as its partner in the area as a result of TTS’ successful track record on implementations in numerous organizations in the region and the rise of the local demand. The company is an innovative system integrator especially in eSolutions and has a significant customer base in banking and investment sector as well as knowledgeable personnel to support the projects’ implementations.

The partnership will strengthen the TTS’ portfolio of provided solutions and will enable PROFILE to offer local representation to market demands.