EBA Group signs up for Transduco Pavilion at the European Banking and Insurance Fair

London and Frankfurt - 5 September 2007

Transduco, the specialist provider of cross-border business development services for companies operating across the English, French and German speaking financial services technology sectors announced today that the EBA Group, the pan-European body for payments practitioners, will exhibit on the Transduco Pavilion at the European Banking and Insurance Fair (E.B.I.F.).

The Euro Banking Association (EBA) and EBA CLEARING play a major role in the financial industry as a developer of European payment infrastructures and discussion forum for payment practitioners. Europe's largest independent technology trade fair for the banking and insurance sectors gives EBA CLEARING a key channel to raise awareness in German speaking markets of its various payments offerings such as EURO1, STEP1 and STEP2.

“The profound changes that the Single Euro Payments Area (SEPA) will bring as well as the introduction of EBA´s Priority Payments Scheme encouraged us to participate in the E.B.I.F for the first time. We were impressed with the business concept of the Transduco Pavilion. It gives us the chance to cost-effectively maintain the close dialogue that we have with key members and partners in the payment industry in one of Europe’s most important financial centres. The Transduco Pavilion will enable us to raise awareness without the traditional organisational and logistical distractions inherent in attending industry events,” said Claus F. Hilles, Regional Representative, EBA Group, “We were attracted by the high quality of the other companies on the Transduco Pavilion, such as SWIFT. This reinforces our view that the Transduco Pavilion will deliver targeted relevant traffic to the shared stand.”

“With more than 7,000 international users and decision-makers from financial and insurance institutions expected to visit E.B.I.F., the Transduco Pavilion offers direct access to the German speaking market without the time and resource overheads associated with traditional business events. The addition of EBA to the Transduco Pavilion at E.B.I.F. highlights the attractiveness of our low risk, low cost approach to generating exposure to the German speaking market,” said Stefan Mies, Founder and Managing Director of Transduco.

The Transduco Pavilion is a cost effective method of gaining access to the German speaking market. Suppliers have full local language support from Transduco and a prime position within the exhibition area.

Thomas Schuetz, Managing Director of Messe Frankfurt Ausstellungen said, “I am very excited that in its tenth year, E.B.I.F. has attracted another major industry body such as EBA, which maintains the high quality of the event that our delegates have come to expect. Additionally, attendees of the Euro Finance Week conference event will be directed into the conference area, providing a significant increase in attendance levels, which can only benefit companies on the Transduco Pavilion.”

Mies added, “There is continued interest in the second Transduco Pavilion, and we are in the process of finalising the exhibitor list, however the format provides flexibility for expansion to cope with late bookings. With two major industry standards bodies such as EBA and SWIFT, along with key technology vendors, delegates can stay informed on the latest practical strategies, industry trends, market analysis and technology solutions that will support their business in the coming years.”

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