SunTec President to Address Asian Banker Summit

Jakarta, Indonesia - 23 March 2007

Presentation at InterBank segment will provide expert insight
on customer-centric pricing strategies in global cash management market

Raghav Sahgal, president of global field operations at SunTec, leading vendor for customer-centric billing software, will address industry executives at Asian Banker Summit 2007 later this month. Offering ways to build a competitive advantage in global cash management, Sahgal leverages more than 20 years of industry expertise and work with dynamic billing solutions.

The Asian Banker Summit takes place in Indonesia, gathering decision makers in the financial services industry from throughout the Asia-Pacific region. More than 600 delegates, including about 50 CEOs and chairmen of banks are expected to attend.

“Banks today are facing many challenges in a highly commoditized, global market,” said Sahgal. “A differential pricing strategy that focuses on the individual customer’s specific needs turns these challenges into opportunity, improving customer retention and providing a largely untapped competitive differentiator,” Sahgal added.

A recent strategic hire for SunTec, Sahgal spearheads SunTec’s business and organizational strategy with many years of experience forging small companies into powerful billing vendors worldwide.

Sahgal specifically will participate in the “InterBank Conference on Cash, Trade and Treasury” segment of the overall event to take place on March 27, 2007, from 9.45am – 10.30am. The session will be followed by a panel discussion moderated by Gordian Gaeta, international resource director, ‘The Asian Banker’.

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