Mosaic Software Signs Reseller Agreement with Codix S.A. for Greece, Eastern Europe and the Balkans

London, UK and Athens, Greece, 17 February 2003 - Mosaic Software, the global
transaction processing software provider, today announced their further
expansion into Europe by signing a reseller agreement with Codix S.A.
Codix S.A. specialises in the field of computer technology, with expertise in
banking and financial systems. The company focuses on providing turnkey
solutions, consulting and system integration services in various industries,
including banking and telecommunications. Under the agreement, Codix S.A. will
resell Mosaic Software's Postilion family of transaction delivery systems for
Microsoft Windows 2000 throughout Greece, Cyprus, Romania and Bulgaria.
Mosaic Software's Postilion family of products brings significant benefits for
their clients, including a major reduction in the cost of ownership of a
processing environment, integrating products and payment processes and improving the analytical capabilities of customer transactions. Leading the field in the move towards the convergence of Web and ATM technology, Postilion provides advanced functionality that allows new revenue generating opportunities via a variety of consumer channels. Postilion also offers a highly reliable, scalable and open architecture that ensures easy implementation of new products and services.

Vasilis Delivorias, Chief Operating Officer at Codix S.A. says, "We decided to
work with Mosaic Software because of their strong reputation in the market; we
have read about them in industry analyst reports and we received a
recommendation from Stratus, too. We look forward to a long and beneficial
relationship for both parties."

Steve Kirrage, Channel Manager at Mosaic Software commented, "We are delighted
to continue our push into Europe by partnering with such a highly regarded
company as Codix S.A. We look forward to realising great results with them in
the near future."

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