ProgressSoft Reaffirms Sponsorship of MEFTEC 2011 at New Venue and Date

Amman, March 24, 2011

Following the recent change of date and venue of MEFTEC 2011, ProgressSoft reaffirms its sponsorship of the event. MEFTEC, the world's premier financial technology event for emerging markets, will now take place at Abu Dhabi National Exhibition Centre (ADNEC) - Abu Dhabi, UAE on the 30th and 31st of May 2011.

Abu Dhabi is well-positioned to host the financial IT industry's most important gathering. The new venue and expansion of the event's global footprint promise a successful and well-attended show, with more than 100 exhibitors onboard and a 10% year-on-year growth in exhibition size.

For the 6th year in a row, ProgressSoft is participating as the event's Platinum Sponsor and is showcasing its innovative offerings in the payments domain during the event's tightly focused exhibition. The company annually seizes this opportunity to meet with its array of clients and prospects who gather to enjoy a bespoke learning, networking and business experience in MEFTEC. Reflecting its expertise in real-time payments technology, ProgressSoft will be presenting its renowned solutions in the fields of Mobile Payment, Electronic Image-based Check Clearing and Automated Clearing House (ACH) Payment.

[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. Serving a diversified client base of 140+ banks in 22 countries around the globe, ProgressSoft provides solutions in the fields of Electronic Image-based Check Clearing, Automated Clearing House, Mobile Payments, Intelligent Signature Recognition and Real-time Settlement for Securities Trading.