China Everbright Bank Deploys Kalignite Multivendor ATM Software.

BEIJING -- KAL announced today that China Everbright Bank (CEB), a nationwide commercial bank, has successfully completed the deployment of Kalignite multivendor automated teller machine (ATM) software across its entire estate.

In 2006 CEB decided to select an ATM multivendor software solution. It chose Kalignite based on its proven track record for multivendor ATM systems. The CEB ATM software project took just eight months from start to finish and was completely rolled out by November, 2006.

Mr. Li Jian, General Manager of the E-Banking Department, said "The ATM software project at CEB provides a very successful example for other middle size banks that are not yet using a multivendor ATM software platform. One major advantage for us is a much greater choice of ATM hardware now that we have the Kalignite multivendor ATM platform installed. This was in fact one of the most successful IT projects in CEB, and it led to my team winning the CEB award for the Outstanding Financial Information Technology Project of 2006."

Aravinda Korala, CEO of KAL, said, "CEB is a very innovative bank that fully understands the advantages of a multivendor ATM software solution. CEB has provided further proof for banks around the world that multivendor ATM software projects can transform their ATM network."

CEB has over 1250 ATMs now deployed running Windows XP and Kalignite. It plans to deploy 250 more by the end of 2007. CEB's estate includes 17 different models of ATMs (including cash recycling ATMs) made by six different manufacturers. As a result of the ATM software project, all of the ATMs run the same Kalignite-based application.

KAL's development partner in China, Shenzen Zijin, is the supplier of the ATM application, which is built on the Kalignite Platform.

About KAL

KAL is the world's premier developer of software for bank ATMs. Established in 1989, KAL has been in the ATM software business ever since.

KAL headquarters are in Edinburgh, Scotland and the company has offices around the world. With business partners and customers in over 80 countries, its multinational workforce helps it understand and relate to global challenges.

KAL offers ATM, kiosk and bank branch software that can be integrated with existing systems, reduces operating costs, and opens up the opportunity to provide new functions and services. KAL's advanced software systems are unrivaled, worldwide.

KAL is an independent company that maintains extensive relationships with hardware vendors, solutions providers and end customers.

About China Everbright Bank

China Everbright Bank was established in August 1992 with the Chinese government as a controlling shareholder. It has been innovative in improving its business management and operations. As at the end of 2003, China Everbright Bank had established over 370 banking offices in 36 major cities throughout 23 provinces, autonomous regions and city provinces throughout the country, and had become a nation-wide joint-stock commercial bank with considerable influence on the economic and social development of China.