Silverlake Axis Enhances Solution Offering

Singapore | Feb 29, 2008

Today at FINTECH Asia 2008 held in Singapore, Silverlake Axis Ltd (listed on the Singapore Exchange), a leading provider of integrated banking and financial services solutions announced that it signed an agreement with Canadian based Zafin Labs, the leading provider for customer centricity solutions to the Financial Services Industry.

In this agreement, Zafin Labs will integrate its dynamic relationship pricing & billing, revenue recognition and assurance solution, called miRevenue with Silverlake Axis’s core system, SIBS and offer it as an added value module to Silverlake Axis’ extensive current and potential client base in the Asian region.

Dr. Raymond Kwong, Silverlake Axis’ Managing Director said: "We have been receiving numerous enquiries from our client base for dynamic relationship pricing & billing solutions. Zafin Labs’ product miRevenue is an excellent addition to our Integrated Banking Solution and would give current and prospective clients the choice of adding customer centricity functionality to its current installed SIBS platform."

Jeroen Thijs, Managing Director – Key Accounts of Zafin Labs mentioned: "We are very excited to be working together with Silverlake Axis. Being able to integrate to their robust core banking solution coupled with their excellent current client base give us a great opportunity to leverage our solution quickly and effectively within the Asian region."

About Silverlake Axis

Silverlake Axis is a leading provider of end-to-end, universal and integrated banking solutions. The group's award winning Silverlake Axis Integrated Banking Solutions (SIBS) are implemented at over 80 leading financial institutions across 12 countries in Asia and Middle-East, including 40% of the Top 20 largest banks in South East Asia.

The proven, cost-effective, innovative and value-based solutions from Silverlake Axis have delivered successful core banking transformations and enabled financial institutions to realise excellence in efficiency, effectiveness and overall competitiveness.

Our Universal Banking Solutions for Conventional, Islamic and Micro Banking have enabled and powered the transformation of national, regional and global banks since 1989.

Visit us at www.silverlakeaxis.com

About Zafin Labs

Zafin Labs provides solutions that enable "Customer Centricity" with a focus on revenue generation and recognition, catering exclusively to global financial service providers. Zafin Labs' miRevenue product suite enables loyalty management, dynamic relationship pricing and revenue capture capabilities with complete transparency and compliance. Zafin Labs miRevenue suite has been recognized by industry leaders for its innovative capabilities, including FT –The Banker technology award. Zafin Labs has offices in Canada, Germany, Dubai, and India. For more information please visit us at www.Zafinlabs.com