PIC Solutions Exhibits at African Banking Technology Conference

Cape Town — ¡V PIC Solutions, the leading specialist credit risk management consultancy in the Africa and Middle East region, will exhibit at the African Banking Technology conference in February.

Hosted by AITEC Africa, the conference will be held on 6-8 February 2007 in Nairobi, Kenya. The theme of the African Banking Technology conference is Meeting Africa¡¦s Banking Needs: World-class or All-class Banking Systems?

East Africa¡¦s financial sector is striving acquire world-class systems and standards to match the best practices established in developed economies. The industry faces numerous challenges in meeting these objectives and growing their market share by accessing the yet ¡¥unbanked¡¦ sector of their respective economies. The unbanked sector requires low-cost mass banking services. This conference aims to provide the financial services industry with the tools needed to assess the latest banking technology systems and strategies to achieve an effective and profitable balance.

Presenters will explore current and emerging issues and trends impacting the financial services industry including:

„X Thriving on the frontier of electronic payments
„X Effective credit risk management solutions
„X Redefining ATM services
„X The challenges and solutions of banking communication systems
„X Mobile banking for Africa
„X Banking the unbanked
„X The gap between identifying demand and launching a successful electronic banking product in Africa

For further details on the conference, visit: www.aitecafrica.com

PIC Solutions will showcase their leading-edge credit risk solutions at the conference. Visit www.PICSolutions.com to find out how their products can successfully optimise an organisation¡¦s credit life cycle.

Gray Stopforth, Sales and Marketing Manager at PIC Solutions comments, ¡§The unbanked market poses numerous challenges for the financial services industry. Credit grantors can effectively enhance their market share by using the correct combination of credit risk solutions and banking technology. The African Banking Technology conference provides the ideal platform for organisations impacted by the challenges of the emerging market and we look forward to showcasing our turnkey credit risk solutions at the conference.¡¨


About PIC Solutions
PIC Solutions provides consumer credit solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and software and have an established track record of success powered by solutions.

Our ongoing commitment is to enable clients to optimise the credit life cycle.

Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com