ProgressSoft Participates in Jadiduna 2006 - Saudi Arabia

Riyadh, June 15, 2006

ProgressSoft, the leading provider of imaging solutions to the financial and other sectors, participated in the Jeraisy Group's annual exhibition "Jadiduna 2006" which took place in Riyadh, starting on the 29th of May, 2006. A prestigious blend of technology providers assumed their part in the event, presenting their products and recent achievements.

ProgressSoft's participation succeeded in turning heads of the event's visitors with demonstrations of the company's state-of-the-art solutions. On display were ProgressSoft's new Automatic Signature Verification Solution, PS-ASV and Enterprise Document Management Solution, PS-EDMS.

Upon visiting ProgressSoft's stand, HRH Prince Sultan bin Salman Al Saud was impressed with the showcased solutions which conveyed advancements in imaging technology, automatic signature comparison and document management and archiving. Prominent decision-makers attending the event were noticeably interested in ProgressSoft's PS-ASV that proposes innovative means for manipulating and verifying signature images on checks and other financial documents.

"Our presence at Jadiduna 2006 reflects the commitment to unraveling ProgressSoft's latest offerings with which we aspire to enrich the regional financial community" concluded Mr. Saher Obaid, ProgressSoft's representative at Jadiduna.

[About Jeraisy Group]
Jeraisy Group is a holding company for nine Saudi, fully owned subsidiaries, which are engaged in various commercial and manufacturing activities, mainly focusing on office automation and furnishings. Jeraisy Group consists of Riyadh House Establishment, Jeraisy Computer & Communication Services, Computer Paper Factory, Gemplus Jeraisy Ltd. Co., Jeraisy Furniture & Seating Factory, Steel Case Jerkily, Batelco Jeraisy Internet services.

[About ProgressSoft]
Committed to a boundless aspiration towards innovation since its inception in 1989, ProgressSoft has been focusing its proficiency in imaging technology to deliver an impressive suite of intelligent solutions to the financial world. Today, ProgressSoft has consolidated its position as the new household name in the banking industry, claiming an active role in shaping the future of a technology-driven era of electronic financial services.

For more information about ProgressSoft, visit us at or contact us through the following connections:

Dareen Alkhas
Marketing Executive
ProgressSoft Corporation
Tel: (962-6) 5623000
Email: [email protected]