DATAMATION SPINS OFF ITS COMPONENTS

6 February 2007

Due to the continued success of its financial messaging components, Datamation has decided to create a new, dedicated components division. This decision was taken to ensure that its components continued to receive the resources and focussed attention that their growing market share deserves.

PaymentComponents has assumed full responsibility for all the company’s components, including the existing range of SWIFT and UNIFI messaging components as well as those currently in development. This division includes its own dedicated developers who focus solely on the development of components and markets its products direct to other developers and IT departments using the paymentcomponents website.

PaymentComponents vision is to become the leading worldwide resource for specialized components developed for the financial industry.

The creation of PaymentComponents will allow Datamation to better focus on its core applications which currently include dat.Pay, dat.Deals, dat.Score and dat.Easysell. In addition to supplying and supporting its own range of applications, Datamation is also a leading provider of IT services to an ever growing selection of international customers.

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