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October 09, 2006

DEAL WITH NATIONAL BANK OF DUBAI CONFIRMS LEVEL FOUR'S SUCCESS IN THE MIDDLE EAST

London, 9th October 2006 – Level Four Software, a leading provider of ATM software solutions, has been selected by the National Bank of Dubai (NBD), one of the largest banks in the United Arab Emirates, for the implementation of Level Four’s Bunch Note Acceptance (BNA) and Cheque Processing Module (CPM) simulators.

Building on their positive experience with their existing implementation of Level Four’s ATM Channel Development Suite for testing and post implementation analysis, NBD will be extending their relationship with Level Four Software to include the BNA and CPM modules. These plug-ins will enable NBD to effectively simulate a wider range of self-service transactions thereby optimising the timelines required for testing.

“Since the implementation of Level Four’s technology in 2005, we have experienced higher testing efficiency. This, combined with a good level of support from Level Four and their proven installation capabilities, made the next step a logical decision,” said Sue Evans, Chief Information Officer of National Bank of Dubai. “With our goal to expand our self-service network and offer quality products to our valued customers, it is critical that the delivery of new services to the ATM is fast and efficient. With these new plug-ins, we look forward to being able to introduce new services to our customers, rapidly.”

Issa Keshek, Regional Manager of Level Four Software in the Middle East, said, “We are delighted that NBD has decided to continue with Level Four by implementing our BNA and CPM plug-ins. As one of largest banks in this region, this contract reinforces our growing reputation in the Middle East and is proof of yet another satisfied Level Four customer.”

BNA enables complete end-to-end testing of bunch note cash deposit transactions. Using BNA, banks can simulate an ATM with bunch note acceptance functionality and test directly from the desktop to ensure the service is fully secure and operative before deployment. All actions are graphically represented, as they would appear on an ATM, so the user can interact with the ATM like a customer.

CPM enables complete end-to-end testing of intelligent cheque deposit, simulating ATMs with cheque processor functionality directly from the desktop to ensure the service is fully secure and operative before deployment. All actions are graphically represented as they would appear on an ATM, so the user can interact with the ATM like a customer.

Note to editor:

For more information on Level Four’s BNA and CPM, please visit: www.levelfour.com

About National Bank of Dubai

Founded in 1963, the National Bank of Dubai is the oldest, locally incorporated bank in the Southern Gulf. Recognized as the bank with a performance that is second-to-none, NBD has built a reputation of stability and strength much appreciated by shareholders and customers alike.

Offering diversified financial services, NBD is a leader in corporate banking. Its portfolio covers a wide range of services including transport, real estate, construction, manufacturing, tourism and service industries throughout the region. In addition, NBD's 'Private Office' provides private banking services, offering highly tailored solutions to preserve and protect the personal wealth of its customers. Along with supplying customers with a variety of exclusive service based products, secured facilities, Credit Cards, personal loans, auto loans and home loans, the National Bank of Dubai also offers a variety of treasury products and services, advising customers on exchange markets and interest rate outlook. NBD, also launched Suhail Priority Banking Services, a premier banking service offering customers personalized relationship management and a host of exclusive products and services. Furthermore, NBD presents their customers with automated banking services, which consist of an internet service (NBD Online), a telebanking facility (NBD Telebank), and an SMS based service (NBD Mobile). With a comprehensive card portfolio that provides an array of benefits, the National Bank of Dubai has, over the years, built a wide ATM network as well as Point of Sale terminals in select locations throughout the UAE.

The National Bank of Dubai currently has an extensive branch network that includes branches throughout the UAE. In addition, NBD also has a branch in London and a representative office in Tehran.

Visit NBD on the web at www.nbd.com