PIC Solutions Nominated for Top 300 National Companies Award

Cape Town, 23 August 2007 ¡V PIC Solutions has been nominated for the Top 300 National Companies Award by Top Companies Publishing (Pty) Ltd., in association with the Department of Trade and Industry.

The Top Companies of the Year Award highlights South Africa's peak performers across the country¡¦s primary, secondary and tertiary economic sectors. Entry criteria for companies to be considered for this award include the following:

„X Sector/market leader
„X Quality of operation
„X Economic growth
„X Size of operation
„X Innovation/management
„X Employment equity policy
„X Strategic contribution
„X Export orientation

Now in its eighth year, the Top Performing Companies research team analyses the performance of over 3000 companies across 150 sectors.

Stephen Leonard, Managing Director of PIC Solutions, adds, ¡§This is indeed a welcomed nomination. We are delighted to have been nominated for the Top 300 National Companies Award in recognition of our significant growth, job creations and export generation. In fact, over half of our revenues are now generated outside of South Africa. We are proud to stand beside our peers and receive this level of recognition.¡¨

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