Cardinal Consulting SA is awarded the First SWIFT Service Partner label in Switzerland

Geneva - 8 December 2006

Cardinal Consulting SA, a Swiss financial consultancy firm receives the 2006 Service Partner label from SWIFT. The SWIFT Service Partner label is awarded to service providers after successful completion of a stringent accreditation process ensuring SWIFT customers in Switzerland benefit from certified and professional expert services.

Rachael Mellen, Principal Consultant and Partner for Cardinal Consulting: “We are very proud of this achievement. We thank all our customers, partners and staff for their support during the accreditation process. As a SWIFT Service Partner we will continue to assist SWIFT customers in Switzerland, providing access to expertise conveniently located near them, to ensure a smooth completion of SWIFTNet Phase 2 migration and a rapid adoption of the new SWIFTNet Solutions”.

Thomas Ramadan, Regional Director, SWIFT Switzerland: “For implementation or integration services of software and solutions SWIFT works with local partners. Our model is based on third-party Service Partners who are accredited by SWIFT to offer these services. I would like to congratulate Cardinal Consulting staff for successfully meeting all the stringent requirements to be accredited as a SWIFT Service Partner. I am certain that this is the start of a long-lasting partnership between our companies and I look forward to working with you in close cooperation to serve our mutual customers in Switzerland."

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