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May 30, 2006

EFUNDS SELECT LEVEL FOUR FOR TESTING AUTOMATION

Miami/London, 30 May 2006 - Level Four Software, the market leader in open standards-based ATM test and development software, has been selected by eFunds Corporation, the leading provider of risk management, electronic payments and related outsourcing solutions, for an implementation of Level Four’s ATM Channel Development Suite.

Level Four’s ATM Channel Development Suite which includes ATM TrueTest and ATM Developer has been implemented as part of a global licensing agreement at their offices in Chennai, India and also in Watford, England.

eFunds, one of the largest EFT processors in the world, was looking for comprehensive end-to-end testing tools to assist in testing of their systems. By implementing ATM Developer and ATM TrueTest, eFunds will be able to automate their testing processes, improving and streamlining the company’s development operations.

Level Four’s product strategy supports the increasing adoption by financial institutions of open-standards based ATM software. Open standards-based solutions are currently transforming the ATM market, which was historically controlled by a few large proprietary vendors.

Jorge Fernandez, CEO of Level Four Americas, said: “The completion of this deal with eFunds confirms that our product strategy is in line with customer demand. This project furthers Level Four’s global development plans and supports our increasing reputation as the de facto ATM software specialists worldwide.”

About Level Four
Level Four’s development and testing products have been built to address the needs of ATM deployers seeking to maximize their investment in the ATM channel.

BRIDGE:test is targeted at banks and ATM deployers who are running, or seeking to run, a modern ATM network based on the industry-wide CEN/XFS open standard.  BRIDGE:test provides an enterprise regression test platform to test CEN/XFS based applications in a controlled environment. Customers gain benefits of the breadth of testing and improved quality assurance as well as reduced time to market due to increased testing efficiencies.

ATM Developer is targeted at banks and ATM deployers who are running states & screens protocol controlled applications such as those based on NDC or 912. ATM Developer provide a graphical environment in which customers can maintain the configuration file from creation to validation.

Since 1995, Level Four has built an impressive global customer base of banks and payments processors including, Royal Bank of Scotland, Lloyds TSB, Bank of America, CIBC, VocaLink and Standard Bank of South Africa. Headquartered in Dunfermline, Scotland, Level Four has offices in Dubai and Charlotte, NC, USA. http://www.levelfour.com  

Level Four’s online ATM industry resource: www.atmindustryinfo.com 

For more information, please contact:
Nicola Koronka
Hotwire
+44 (0) 20 7608 4673
levelfour 'at' hotwirepr.com





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