Press Releases

November 11, 2002

ALARIC SYSTEMS SELECT LEVEL FOUR FOR ATM DEVELOPMENT AND TESTING

Alaric Systems licenses Level Four's ATM Channel Development Suite
to automate testing and enhance internal product development

London, 11 November, 2002 - Level Four Software, a leading provider of ATM test and development software today announced that UK-based Alaric Systems has licensed its ATM Channel Development Suite to accelerate in-house product development.

Level Four's software enables Alaric to view and test ATM downloads directly from a PC as if using a real ATM. It connects as a virtual ATM to Alaric's Authentic switching system, enabling it to test typical transaction scenarios in an automated environment. Full pre-release testing is automated, which rapidly increases speed to market of new product development. As processes are automated and manual testing is eliminated, efficiency is significantly improved and the risk associated with human error is dramatically reduced.

Tony Spencer, Product Development Director at Alaric comments, "We evaluated several market players when selecting a testing solution. We chose Level Four because it offered the most powerful and comprehensive solution, which is future-proofed to accommodate new developments in the ATM marketplace."

With Level Four, Alaric is now able to develop, test and release new editions of its ATM management software without needing multiple real ATMs at its premises. New enhancements can now undergo rigorous regression testing in an automated environment. Manageability is much more straightforward providing a high degree of assurance in new software prior to customer implementation. By using the software internally, Alaric's customers can also expedite acceptance testing of new software releases.

Martin Macmillan, CEO, Level Four comments, "We are extremely pleased to have Alaric as a customer and to support its future growth in Europe. Alaric has a very exciting technology which can scale to meet the demand of any size financial institution and compliments our software well."

Level Four's ATM Channel Development Suite is a comprehensive toolkit that allows financial institutions to develop, test and rapidly deploy new content and applications within their ATM delivery channels. The ATM Channel Development Suite also enables financial institutions to offer relevant, personalised and interactive functionality to customers through their existing ATM networks.

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About Alaric

Headquartered In London, Alaric is a leading supplier of advanced technology solutions for the card payments industry. Alaric offers solutions for EFT payments authorisation, card fraud detection and payments integration. Its customers include Bradford and Bingley Group, Coventry Building Society, Yorkshire Building Society and Cornèr Banca in Switzerland. Visit Alaric on the Internet at www.alaricinternational.com



About Level Four

Level Four’s integrated BRIDGE suite of open ATM software products have been developed to address the needs of ATM deployers seeking to maximise their investment in the ATM channel. BRIDGE is targeted at banks and ATM deployers who are running, or seeking to run, a modern ATM network based on the industry-wide CEN/XFS open standard. As a true holistic offering, BRIDGE recognises the needs of ATM deployers in the areas of installation, testing and monitoring as well as run-time ATM software.

Since 1995, Level Four has built an impressive global customer base of banks and payments processors including, Royal Bank of Scotland, Lloyds TSB, National Bank of Dubai, Rabobank, LINK and Standard Bank of South Africa. Headquartered in Dunfermline, Scotland, Level Four also has offices in Dubai and Charlotte NC.


For further information contact:

Martin Macmillan
Level Four Software Ltd
Tel: +44 (0) 1383 720 118

E-mail: martin@levelfour.com

Hotwire PR
Alexandra Kedward
Tel: +44 (0) 20 7608 4633
E-mail: alexandra.kedward@hotwirepr.com





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