TEMENOS AND SOFGEN EXTEND ALLIANCE TO THE AMERICAS

Accreditation builds upon SOFGEN’s EMEA and APAC regional partnerships

Newark, 03 May 2011: SOFGEN Holdings Limited (SOFGEN), an international provider of IT solutions for banks, is pleased to announce that the group has extended its relationship with Temenos to become a Temenos Regional Partner in the Americas. SOFGEN is already a Temenos partner in the Asia Pacific and EMEA regions.

Greg Green, President, Temenos, commented, “We have had a long-standing relationship with SOFGEN in the Americas region. Over the past two years, SOFGEN has invested heavily in the Americas, complementing its existing business in Latin and North America by the appointment of additional Spanish-speaking consultants and salespeople in the region.”

SOFGEN Chairman, Mr. Alex Dembitz, added, “This Agreement gives further substance to SOFGEN’s mission to partner with Temenos worldwide and provide Globus and T24 users with advice, guidance and engineering during the entire core-banking system lifecycle, to include requirements analysis and system selection to implementation and post-live support.”