EastNets to showcase newly expanded line of innovative financial solutions at GITEX 2007

EastNets, the leading payment and security solutions provider for the government and financial service industries in the Middle East, will showcase its certified product PayGate, SIDE International's SafeWatch Anti-Money Laundering (AML) program and other superior payment solutions at the DIC Community Zone, Hall CC2, Stand DIC 38, during the Middle East's largest IT exhibition, held in Dubai from September 08 - 12, 2007 in the Dubai International Convention and Exhibition Centre.

PayGate™ is an easy-to-use, cost-effective single application window for financial messaging from payment initiation to reconciliation, delivering higher Straight Through Processing (STP) and enabling tight integration of back office applications and Swift interface. The popular SafeWatch AML program acts as a central checking point for financial traffic, and has been adjudged one of the top two filtering solutions worldwide, according to the CELENT second report on 'Evaluating the vendors of Anti-Money Laundering Solutions'.

"EastNets has always treated GITEX as an integral part of our marketing initiatives. This year visitors can look forward to another interesting exhibition as we have prepared an exciting line up featuring our own certified solutions as well as the impressive product range of SIDE International, the Anti-Money Laundering solutions provider that EastNets acquired earlier this year. GITEX has given our products optimum market exposure and I am confident our newly expanded portfolio will generate considerable public interest this year,"

said Hazem Mulhim, CEO of EastNets.

With the excellent networking opportunities and extensive global coverage of GITEX - as the third largest IT exhibition in the world, EastNets expects to boost awareness of its new alliance with SIDE International and consolidate its leading position as a constantly expanding provider of financial solutions.

Other EastNets products to be exhibited at GITEX are the Disaster Recovery Solution Doubletake, Kiosk Solutions, Identity Management Solutions, and Card Technology.

Headquartered in Dubai, EastNets has been providing payment solutions to clients in the financial and government sectors for over 23 years, 800+ clients and offices located globally. EastNets products are renowned for consistently meeting customers' expectations across a wide range of industries.