ProgressSoft Wraps up a Remarkable Participation in MEFTEC 2008

Manama, March 6, 2008

ProgressSoft, the leading innovator of imaging solutions to the financial sector, concluded a successful participation in MEFTEC 2008, the Middle East's premier financial services event which took place in Bahrain from the 11-12 Feb, 2008. ProgressSoft excelled in turning heads of delegates while assuming a significant role in all of the event's functions.

A platinum sponsor of this prestigious event, ProgressSoft proved a distinctive presence in MEFTEC trade exhibition among the world's foremost technology vendors.

As the opening of MEFTEC was officially announced and guests started flowing into the exhibition, ProgressSoft's booth attracted an impressive array of top-notch figures from the financial community, starting with H.E. Rasheed Al-Miraj - Governor of the Central Bank of Bahrain visited ProgressSoft's booth and emphasized on the importance of ProgressSoft's participation in MEFTEC as a Platinum Sponsor for the 3rd year in a row, and had the chance to hear about the latest advancements in payments and imaging technologies that ProgressSoft was showcasing this year in MEFTEC.

ProgressSoft's set of innovative products excelled at kindling keen interest among numerous senior executives from all over the central banks in the MENA region where they showed their fascination in ProgressSoft's latest exquisite offerings in imaging and payments technologies.

Amongst the top notch visitors of ProgressSoft's booth was Mr. Jamal Al Qasem from the Central bank of Jordan whom also had the opportunity to learn about ProgressSoft's most recent innovative approaches towards imaging and payments industries.

MEFTEC delegates had the opportunity to view live demos and presentations of ProgressSoft's Signature Verification Solution, Financial Document Recognition Solution, Enterprise Document Management Solution and the revolutionary Electronic Image-based Check Clearing Solution. ProgressSoft's showcase also included the new business-savvy Securities Trading E-Settlement Solution.

A renowned participant in most distinguished international exhibitions, ProgressSoft affirmed their involvement in MEFTEC 2008 as complying with the commitment to exploit their long standing experience and proficiency to present exceptional solutions that best serve and meet the dynamic needs of the financial world.

[About ProgressSoft]
Committed to a boundless aspiration towards innovation since its inception in 1989, ProgressSoft has been leveraging the latest 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, please don't hesitate to visit us at or contact us through the following connections:
Yazan A. Goldstein
Corporate Communications Executive
ProgressSoft Corporation
Tel: (962-6) 5623000 Ext. 211
Email: [email protected]