5th January 2009

London and New York, 5th January 2009 - ACE Software Solutions; the specialist payment and messaging software house, announces the release of PELICAN for SWIFTNet V7.1. PELICAN for SWIFTNet is the agile, scalable and secure file and message processing platform chosen by banks to enhance the use of the SWIFT system. PELICAN for SWIFTNet seamlessly interfaces to SAA to offer FIN and FileAct services. Rich web based GUI provides secure access to processing data for real-time monitoring and exception handling. It can interface to multiple back office applications and ERP systems. The message and file processing workflows can closely mimic the organization's department and user hierarchy. A significant new feature available in the latest version of Pelican for SWIFTNet allows the system to fully integrate with SAA/SAG including FileAct and InterAct. Parth Desai, founder of ACE Software and leading authority on payment architecture within the banking sector, commented “one of the significant strengths of the Pelican for SWIFTNet platform is its modular architecture. The platform already meets the needs of future technologies whilst continuing to support dynamic processing. The platform is highly scalable and can be rapidly deployed across multiple sites and departments. It is unsurpassed in its use of leading edge technologies and we continue to receive positive feedback from all our client banks. This latest version of the software enhances further the ability of the platform to meet the demands of our banking clients and their customers”.