Latest press announcement from Financial Objects

London, 1 July 2002 - Financial Objects, a leading supplier of advanced technology banking software and services, announced it has been selected by
Microsoft as the winner in the fifth annual Microsoft Certified Partner Awards, for the 'best packaged application of the year' category for Western Europe. The winning solutions in each category are those that offer the greatest business benefits to users and the most innovative use of Microsoft technologies.

Financial Objects wins the award for activebank2, its highly customer-centric XML-based retail and wholesale banking solution. activebank2 offers connectivity, scalability, zero footprint deployment,increased workflow for users and supports multiple delivery channels such as browser, PDA, WAP and iDTV; it also supports the new wave of communication tools such as instant messaging, alerting technology and video/voice conversations.

The solution is built on Microsoft's .NET platform which provides unparalleled levels of system and application integration, Web Services development and deployment, and increased quality and methods of user interaction.

Rosa Garcia, general manager of partner sales and marketing group at Microsoft, says: "It was an honour for us to receive so many amazing business applications of our products, but Financial Objects clearly stood out among the many high-quality entries we received."

David Carruthers, CEO, Financial Objects, says: "We are very pleased that Microsoft has recognised our achievement in developing activebank2, a world-class solution that offers a view of the future of banking systems.
Our commitment to Microsoft's technology has enabled us to provide systems that ensure real benefits for our customers, and their customers alike. Our partnership with Microsoft has been very successful and I look forward to more joint success in the future."

The awards will be presented to all worldwide category winners at Microsoft's Fusion 2002 partner event in Los Angeles, CA on 12 July 2002.

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