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February 02, 2004

LEVEL FOUR JOINS IFX FORUM TO OFFER CUSTOMERS ENHNACED INTEROPERABILITY

London, 2 February 2004 - Level Four Software, the leading provider of ATM test and development software, today announced that it has joined the Interactive Financial eXchange (IFX) Forum. As part of the IFX Forum, Level Four will support other industry-leading vendors with the development and support of a global IFX standard.

"IFX is more than a messaging specification," comments Martin Macmillan, CEO, Level Four Software. "IFX is a targeted financial solution. Level Four want to contribute to the evolution and broad acceptance of IFX through our commitment to the IFX Forum. We believe the development of the IFX standard is important to our customers."

The IFX Forum is a non-profit standards-developing organisation working to develop a robust framework for the electronic business-to-business exchange of data among financial services institutions around the world. Level Four have the same vision as the IFX Forum of developing one common language that is designed for large-scale interoperability, whether exchanging information between internal and external systems.

"Banks will benefit from a standard messaging protocol and IFX will help them bring multiple channels together. 'Channel Unification' is very cost effective from a back office viewpoint. Moreover, the IFX standard means banks will not be tied to one vendor so Level Four's existing customers will continue to benefit from the company's 'agnostic' technology," comments Macmillan.

Over the past twelve months, Level Four has seen an upsurge of interest in IFX from customers and partners both in Europe and the US. Although the pace of change is increasing, Macmillan observes that this is more true in the US where financial institutions may look to combine the implementation of the IFX standard with a migration of their ATM network to Windows. Banks migrating their ATM networks to TCP/IP, Windows and IFX, as Level Four predicts is the scenario in the US, will require extensive testing. Level Four's current involvement in the IFX Forum enables the company to understand the evolving needs of all parties and to gain access to ATM specifications upon which they can effectively test within a virtual ATM environment.

"Level Four is a leading testing and development software provider and we welcome their participation in the Forum, strengthening the European angle," comments Rick Duvall, Officer, Board of Directors, IFX Forum and ATM Product Manager, ACI Worldwide. "A key aim now for the Forum is to define the de facto standard for implementing IFX to ensure multiple versions of the protocol do not exist. Our goal is to have one standard and we are working together to make this happen."

Level Four's primary software technology is the ATM Channel Development Suite - a comprehensive toolkit that allows financial institutions to develop, test and rapidly deploy new content and applications within their ATM delivery channels.

About the IFX Forum

The Interactive Financial Exchange (IFX) Forum is a non-profit standards-developing organization made up of leading financial institutions, service providers and software vendors. The IFX Forum's mission is to facilitate the development and maintenance of specifications and standards necessary for interoperable and interactive financial exchange.
Membership in the IFX Forum is open to anyone interested in contributing to the development of open financial standards that harness the power of XML. The IFX Forum is currently organized into the following Working Groups: ATM/POS; Business Banking; Electronic Bill Presentment & Payment; and Web Services. IFX Forum Working Groups, in concert with an Architecture Committee to coordinate their efforts, develop open Internet-compatible messages for all sectors of the financial services industry. To learn more about IFX Forum standards or the benefits of IFX Forum membership, please visit www.IFXForum.org.

Informationen zu Level Four

Level Four ist ein hoch spezialisierter Anbieter von Softwarelösungen für Geldautomaten. Die Lösungen versetzen Banken und Zahlungsabwickler in die Lage, das Gewinnpotential ihrer ATM-Netzwerke umfassend zu erschließen. Seit 1995 hat sich Level Four mit seinem Flaggschiffprodukt ATM Channel Development Suite als führender weltweiter Anbieter von Test- und Entwicklungstools für Geldautomaten etabliert. Nach Einführung der Open-Standard-Technologie und im Einklang mit seiner Verpflichtung zu kontinuierlichen Verbesserungen im Geldautomatensektor hat Level Four im Jahr 2006 begonnen, mit Level Four BRIDGE spezielle On-Board-Software für Geldautomaten zu entwickeln. Das Produkt macht sich Level Fours solides technisches Erbe zunutze und liefert die erste, wirklich verteilte Architekturlösung für den Geldautomatenmarkt. Level Four besitzt einen beeindruckenden Kundenstamm an Banken und Zahlungsabwicklern aus der ganzen Welt, z. B. die Royal Bank of Scotland, Lloyds TSB, die National Bank of Dubai, Rabobank, LINK und die Standard Bank of South Africa. Level Fours Unternehmenszentrale befindet sich in Dunfermline, weitere Niederlassungen sind in Maidenhead, Dubai und Charlotte NC.

Weitere Informationen zu Level Four finden Sie unter www.levelfour.com

Nähere Informationen erhältlich von:

Martin Macmillan
Level Four Software Ltd
Tel: +44 (0) 1383 720 118
E-mail: martin@levelfour.com

Hotwire PR
Nicola Truman / Alexia Ward
+44 (0) 20 7608 2500
E-mail: levelfour@hotwirepr.com