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May 30, 2006

EFUNDS SELECT LEVEL FOUR FOR TESTING AUTOMATION

Miami/London, 30 May 2006 - Level Four Software, the market leader in open standards-based ATM test and development software, has been selected by eFunds Corporation, the leading provider of risk management, electronic payments and related outsourcing solutions, for an implementation of Level Four’s ATM Channel Development Suite.

Level Four’s ATM Channel Development Suite which includes ATM TrueTest and ATM Developer has been implemented as part of a global licensing agreement at their offices in Chennai, India and also in Watford, England.

eFunds, one of the largest EFT processors in the world, was looking for comprehensive end-to-end testing tools to assist in testing of their systems. By implementing ATM Developer and ATM TrueTest, eFunds will be able to automate their testing processes, improving and streamlining the company’s development operations.

Level Four’s product strategy supports the increasing adoption by financial institutions of open-standards based ATM software. Open standards-based solutions are currently transforming the ATM market, which was historically controlled by a few large proprietary vendors.

Jorge Fernandez, CEO of Level Four Americas, said: “The completion of this deal with eFunds confirms that our product strategy is in line with customer demand. This project furthers Level Four’s global development plans and supports our increasing reputation as the de facto ATM software specialists worldwide.”

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





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