While maintaining its geographical proximity, ITASSCO will be locally available to convey ProgressSoft's latest technologies in the fields of imaging solutions to the Palestinian financial market. This will be done by offering vital information and live presentations to introduce the aforementioned innovative solutions and address the needs of the Palestinian clientele.

The Central Bank of Oman (CBO) started today electronic clearing of checks across banks in the Sultanate of Oman with the live-run of the Electronic Image-based Check Clearing solution (PS-ECC), provided by ProgressSoft Corporation, the leading provider of real-time payments and imaging solutions for the financial sector.

Progressoft is a proven leader in proposing real-time payments and imaging innovations that are meticulously developed to actualize exceptional competencies, efficiencies, soaring performance and cost savings for banks and financial institutions.

ProgressSoft, the industry-leading provider of real-time payments and imaging solutions, concluded a fruitful participation in Sibos 2008, the world's premier financial services event which took place in Vienna - Austria from the 15^th till 19^th of September, 2008.