ADMEREX CONTINUES TO CONSOLIDATE ITS GLOBAL BRAND

1 December 2006

Admerex Limited [ASX:ADL] today announced a series of strategic sales to clients across the Asia Pacific region demonstrating the increasing global penetration of Admerex’s collections and recoveries product in the region.
Admerex is delighted to announce two important sales successes - Amazing Loans Limited - and further sales to Hutchison Telecommunications.

• Amazing Loans Limited, Australia’s leading small personal loan provider.
• Hutchison Telecoms, with whom Admerex has forged alliances in a range of geographic locations, has acquired additional country licenses to support their growing telecommunications network.

The Chief Executive Officer of Admerex, Mr Kim Goodall said: “Admerex’s products continue to be well received by clients worldwide evidencing the increasing importance of the collections process. The fact that our existing clients continue to expand the regions in which Admerex products are deployed indicates clearly our systems are delivering tangible results and solutions”.

“This growth is a significant acknowledgement of the competitive advantage that our products and services deliver to a variety of businesses. The diversity of the businesses pursued by these clients demonstrates the flexibility of our product and its application across industries.”

Commenting on the decision by Sydney-based Amazing Loans Limited to adopt the Admerex platform, it’s Chairman and CEO Paul Mathieson said that Amazing Loans was pleased to be partnering with Admerex, a company which he credits for its recognition as the world leader in debt collection software and administration.
“As Australia's leading small personal loan provider we already offer services via 19 branches across Sydney, Melbourne and Brisbane,” Mr Mathieson said. Listed on the Australian Stock Exchange, Amazing Loans (AZD) is now planning to open an additional hundred plus branches across Australia by 2008.

Mr Goodall said that pre-existing clients are also endorsing Admerex services and products through repeat business. “Global telco Hutchison Telecommunications has just purchased additional country licenses to support their growing telecommunications network within the Asian region,” Mr Goodall said.

The new deals follow other major announcements of new business by the company throughout the Middle East region in September and October. Agreements were signed with Pakistan’s largest bank, Habib Bank, for the use of the company’s CWX™ software in its 1,480 branch network. In September ABN AMRO Bank adopted the CWX software for its Indian and Pakistan operations following previous installations of this software in Singapore, Indonesia, Hong Kong and Taiwan. In the same month Banque Saudi Fransi, a subsidiary of Credit Agricole selected CWX to replace its core collections systems.

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