PRESS RELEASE

ITALY: Engineering and Jware announce a distribution agreement for Payment Solutions

The distribution agreement represents a step forward in the collaboration between Engineering and Jware for the Italian market. Previously Engineering had already validated the Jware’s solutions for its payment services.


Paris, 15 April, 2009: Jware Technologies, a leading provider of solutions for innovative and service-oriented card processing management, and Engineering, Italy’s leading IT services Group, have signed a distribution agreement of the JWARE front-end and back-end payment card solutions to Italian Banks.

After going through a deep analysis and validation process, Engineering has chosen the Jware payment card solutions to complete its own services to Italian banks. In addition to be used internally, Engineering will distribute the Jware solutions to the Italian market.

“The confidence shown by Engineering in choosing and in providing the Jware solutions to their customers demonstrate the power of Jware architecture solutions and teams.” said Pierre Antonio, Sales Director of Jware Technologies. “The Jware solutions complete and enhance their offer, and they have the full capability to distribute and integrate our solutions in Italy.”

Sandro Sisti, Bu Manager -Card Payment Area - Finance Division, Engineering, said:  “The experience of JWARE in European and International markets allows us to bring their innovative payment solutions to the Italian market. Engineering plays a major role in the Finance market, and JWARE is a potential part of this strategy as a complementary solution to our offering.”

JWARE and ENGINEERING are currently working together closely in Italy on banking and non-banking payment card projects.



About Jware Technologies

Jware Technologies is a leading software house specialized in secured electronic payment transactions. Jware Technologies provides post-Internet card payment frontend and backend solutions which enable customers and partners to integrate and deploy new offers in a very short period of time. The Jware solutions are available worldwide directly from Jware or through a network of strategic partners who add value to the Jware solutions. They cover all the needs for the entire payment sector, from the issuing payment means to the acquiring of point of sale, and fulfill all of the functional and technical requirements of secure transaction processing.


About Engineering Group

Engineering Group, more than 6600 employees, 37 office locations in Italy and 3 abroad, is leader in software engineering with an integrated offering of development, system and business integration, outsourcing, products and strategic consulting in all vertical markets.
Today the Finance market represents approximately 27% (195 million euros) of consolidated earnings