Card Tech Limited and EximBank to expand ATM networks in Vietnam


July 17, 2004 -- A proven provider of advanced card systems, CTL has built a reputation for repeatedly meeting requests from major financial institutions to design customised solutions. With EximBank, CTL implemented PRIME, a comprehensive multi-institutional back-office card and merchant management system and real-time authorisation switch, as well as an ATM Controller and POS interfaces.

Founded in 1989, Vietnam EximBank is based in Hochiminh City. It has three branches in Hanoi, Danang and Cantho. The bank has an established correspondence banking relationship with more than 424 foreign banks in 49 countries.

"Our relationship with CTL meant that we were able to provide a superior and comprehensive service to our clients," said Mr. Tran Tan Loc, Director of Card Department at Vietnam EximBank. "Payment card is a highly competitive industry, and it is essential for us to constantly improve our product and services. PRIME has the functionality for the future of banking, to provide the most forward-looking products and services in the marketplace."

Contact:
Sally Yuen
Regional Marketing Manager, APAC
sally.yuen@ctl.com
+6 03 2164 7800
www.ctl.com



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