Transtrack International and JSC Bancomzvjazok Announce Strategic Partnership

Transtrack International, the Netherlands Based Market Leader

in Tracking & Tracing Software Solutions for the Transport of Cash,

Management & Processing of Cash, Announced a Strategic Partnership With JSC

Bancomzvjazok a Leading Ukrainian System Integrator.

UTRECHT, Netherlands, March 5 /Xinhua-PRNewswire/ -- This partnership combines JSC Bancomzvjazok knowledge of the Ukrainian banking sector and their solid track record in the Ukrainian IT solutions market, with Transtrack's proven IT solutions for Cash Businesses around the world. Together they provide Ukrainian Banks and Cash businesses with new opportunities to increase the efficiency of cash management & tracking by using IT solutions.

"We expand our international distribution network with this partnership and support our strategic development, which is aimed to provide best-practice cash management solutions & knowledge around the world. We highly value the experience of JSC Bancomzvjazok as the IT-market leader in Ukraine and their knowledge of the financial institutions," said Ronald van Vliet, Managing Director of Transtrack International.

Vitaly Kozachenko, Manager of Business Solutions Department, states: "We choose Transtrack International as our partner because there is no other company able to offer such complete and effective cash management solutions for the Ukrainian market today. This partnership combined with our existing portfolio makes us the only supplier on the Ukrainian market able to provide such a complete approach. During fifteen years of operations, we have acquired an excellent knowledge of our customer's needs and believe that these solutions are adding value for financial organizations and institutions."

Transtrack International and JSC Bancomzvjazok will launch their financial sector solutions during the "Banking Technologies 2007" Conference, which will take place on April 5th 2007 in Kiev.

About Transtrack International

Transtrack International is an independent software specialist with standard software packages for cash-in-transit companies and banks. The software is geared towards improving efficiency, traceability, optimal cash stocks and chain integration. Transtrack International works with distributors in Italy, Turkey, Germany, Poland, Spain, South Africa, Mexico, US & India. www.transtrack.nl

About JSC Bancomzvjazok

JSC Bancomzvjazok is one of the leading Ukrainian system integrators, with a wide range of product & services, like development of information-analytical systems, systems for management and accountancy, corporate electronic documentation, distributor of computer and communication equipment and supplier of corporate and operational telecommunication systems. www.bkc.com.ua