ITASSCO Announces Partnership with ProgressSoft

Amman, February 11, 2009

ITASSCO (The International Technical Advisory Services & Solutions) announced the signing of a partnership agreement with ProgressSoft Corporation, the leading provider of imaging and real-time payments to the financial sector, which took place in ProgressSoft's headquarters in Amman on January 18th, 2009. With this partnership, ProgressSoft authorized ITASSCO to be the Dealer and Distributor for its products in Palestine. The solutions which will be offered by ITASSCO include ProgressSoft's Signature Verification and Management Solution (PS-SIG), Automatic Signature Verification and Recognition Solution (PS-ASV), Enterprise Document Management Solution (PS-EDMS) and Securities Trading Settlement Solution (PS-eTrade).

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.

This endeavor couples ProgressSoft's long-standing proficiency and success stories in the region with ITASSCO's business and technical experience in its local market. "Through this partnership, we ultimately aim to enrich the Palestinian institutions and enact a technologically superior environment across the country's financial domain".

About ProgressSoft

Established in 1989, ProgressSoft has been focusing its proficiency in Real-time Payments and Imaging technologies to deliver a set of innovative solutions tailored for the needs of the banking and financial sectors with a diversified client base extending to 140 banks in 22 countries around the globe. ProgressSoft specializes in Real-time e-payment solutions offering Electronic Image-based Check Clearing, Real-time Settlement for Securities Trading, ACH - Direct Debit and Direct Credit solutions and also excels in Imaging Technologies such as the Intelligent Signature Recognition and the Financial Document Recognition solutions.


ITASSCO was established in the year 2007 to offer Consultancy services and Solution adoption to its local, regional and international client base. Employing a wide network of experts and professionals, ITASSCO works with different business sectors like capital markets, ERP systems, Electronic Archiving, Airlines, ticketing, Transportation and outdoor clinics and pharmacy sector. The company is currently working on building partnership relations with professional companies worldwide.