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May 08, 2006

LEVEL FOUR WINS EPCA/ECR SILVER AWARD FOR EXCELLENCE IN PAYMENTS

London, 08 May 2006 - Level Four, the leading provider of open standards-based ATM testing and development software, has won the silver EPCA/ECR award for ‘Most innovative and advanced payments software/hardware product launched in 2005.’

At the ceremony, held in Amsterdam last month, Jen Lindboe-Larsen, Chairman of the European Payments Consulting Association presented the silver award to Level Four for its ATM TrueTest product – a unique and groundbreaking solution that addresses the testing needs of the global ATM and self-service market as it shifts towards open standards.

With the current migration towards open software standards in the ATM channel, banks are looking to capitalise on essential technology investments by offering more sophisticated self-service capabilities. Level Four introduced ATM TrueTest to its flagship ATM Channel Development Suite in response to this. ATM TrueTest is the world’s first software to automate testing of new Windows-based ATM applications. Leading international banks already implementing the solution have experienced its benefits in terms of reduced human intervention, minimised potential errors during deployment and improved control and flexibility – enabling them to deliver a more dynamic service to their customers.

This announcement comes in a period of rapid growth for Level Four, who received an injection of venture capital nine months ago from Quester Capital Management. Since then, the company has focused on launching its new ATM TrueTest product as part of the company’s wider expansion plan to capitalise on the opportunities created by the emergence of open standards in the ATM and self-service arena.

According to Martin Macmillan, CEO at Level Four Software, “A customer-driven approach to product development has laid the foundations of our success. In the banking industry, introducing new customer services is an integral part of business strategy. Prior to new services being deployed at the ATM, thorough testing is imperative because banks cannot afford to rely on customers to test their systems. We endeavour to support all banks’ ATM testing needs and are delighted that Jen Lindboe-Larsen and those at the EPCA and ECR who voted for us, have acknowledged our commitment to the industry with this award.”

About Level Four
Level Four’s development and testing products have been built to address the needs of ATM deployers seeking to maximize their investment in the ATM channel.

BRIDGE:test 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.  BRIDGE:test provides an enterprise regression test platform to test CEN/XFS based applications in a controlled environment. Customers gain benefits of the breadth of testing and improved quality assurance as well as reduced time to market due to increased testing efficiencies.

ATM Developer is targeted at banks and ATM deployers who are running states & screens protocol controlled applications such as those based on NDC or 912. ATM Developer provide a graphical environment in which customers can maintain the configuration file from creation to validation.

Since 1995, Level Four has built an impressive global customer base of banks and payments processors including, Royal Bank of Scotland, Lloyds TSB, Bank of America, CIBC, VocaLink and Standard Bank of South Africa. Headquartered in Dunfermline, Scotland, Level Four has offices in Dubai and Charlotte, NC, USA. http://www.levelfour.com  

Level Four’s online ATM industry resource: www.atmindustryinfo.com 

For more information, please contact:
Nicola Koronka
Hotwire
+44 (0) 20 7608 4673
levelfour 'at' hotwirepr.com





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