Mosaic Software Opens New UK Offices

Electronic Funds Transfer (EFT) Leader Expands UK Operations

London, 18 March 2002 - Mosaic Software, global provider of EFT, PrePay and Web-
enabled ATM solutions, today announced the opening of their new, larger offices
in Chertsey, Surrey.

Following the recent appointment of Nigel Bidmead, Mosaic Software UK’s new
Managing Director for Europe and the Middle East, Mosaic Software is preparing
for expansion, requiring them to move to premises that are significantly larger
than their previous UK base. The new offices will incorporate on-site training
facilities and a test area where product demonstrations for their Postilion
solution can take place; this area will contain ATMs, PoS devices and other
relevant hardware.

Nigel Bidmead, Managing Director, Mosaic Software enthuses "Our clients and
partners have welcomed the opportunity to utilize this new facility, which
provides an environment for them to gain "hands on" experience our solutions.
This investment is all part of our continuing expansion strategy as we embrace
the growing opportunities presented in our industry across the European, Middle
East and African regions."

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