Press release

March 5, 2005

Banking Production Centre (BPC), the leading EFT and retail banking solutions provider, will deploy SmartVista processing solution at Joint-Stock Commercial Bank "Russian Investment Club". The contract signing has resulted from the tender for the supply of the software for the Bank's in-house processing center.

The project being implemented at the bank "Rusinvestclub" is aimed at building up a full-functional card processing infrastructure to provide for issuing and acquiring of Visa International payment cards through Gazprombank acting as a Third Party Processor. The decision to establish an in-house processing centre based on SmartVista switching system (SmartVista Front-End) and SmartVista card management system (SmartVista Back-Office) was brought about by the bank's ever-growing requirements to the quality of customer service.

The VIP customers accounting for the best part of Rusinvestclub's client base have always been ranked first in the Bank's retail business. Implementation of modern technologies is the key element in the Bank's strategy that comprise development of the innovative financial product portfolio including credit and debit cards with all modern functionality, and introduction of attractive and easy-to-use delivery channels. SmartVista solution fully meets Rusinvestclub's requirements both in terms of functionality and performance and is designed to become the solid foundation for the efficient and client-oriented infrastructure.