ProgressSoft as Platinum Sponsor in MEFTEC 2012

Amman, January 11, 2012

ProgressSoft, the leading provider of real-time payment solutions, announces its participation as Platinum Sponsor in MEFTEC 2012, the world's premier financial technology event for emerging markets, which is scheduled to take place on 25 - 26 April 2012.

After a successful run in Bahrain and Abu Dhabi, MEFTEC now goes to Dubai, the commercial and financial hub of the Middle East, to be held at the Dubai International Convention & Exhibition Centre.

Over the last 8 years, MEFTEC has managed to become the most favored venue for top notch names of the Middle East, African and South Asian financial community. MEFTEC is renowned for offering a platform for learning, networking and doing business to its senior level attendees.

During this enriching event experience, ProgressSoft will be present as MEFTEC Platinum Sponsor for the 7th consecutive year, offering its solutions and expertise across the payments arena. "We are excited to be coming to MEFTEC for the 7th year while celebrating our 7th countrywide project of ProgressSoft's e-check clearing solution," expressed Mr. Michael Wakileh, CEO, ProgressSoft Corporation.

ProgressSoft will be demonstrating its renowned solutions at MEFTEC's focused exhibition, including the Mobile Payment & Clearing Solutions, the Electronic Image-based Check Clearing Solution and the Automated Clearing House (ACH) Payment Solution.

"We're looking forward to seeing our clients and partners. Aside from sharing our new success stories and latest offerings, I hope we'll all leave MEFTEC after enjoying a good time and fruitful interactions", concluded Wakileh.