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Key partners to customise and deliver new transaction-intensive payments offerings

London, UK – October 2, 2007 – Kabira Technologies Inc., a leader in high performance transaction processing software for global enterprises, today announced a series of worldwide initiatives designed to enhance the ability of Kabira® partners to deliver payment switch, gateway and mobile payments systems for financial institutions.

The company is establishing partner engagements in key regions of North America, Europe and Japan, with plans to expand its partnership support for Central and South American banks in the next few months. Kabira’s Global Partner Programme operates under the theme “Partnering With Purpose” and teams with a variety of vital industry organisations, including strategic partners and system integrators, software OEMs, outsourced delivery partners and companies with complementary technologies. The company plans to announce agreements with several new members of its Global Alliance Programme in the upcoming months.

“We are seeing a tremendous amount of new, transaction-intensive business opportunities in the financial services and mobile payments industries,” said Chris Clabaugh, Kabira VP of Business Development.

“Kabira gives our partners technology to address the extreme transaction-processing sphere that will put them a notch higher than their competitors. We believe these partners will be the most strongly positioned to deliver innovative, high-throughput systems to financial institutions that demand rapid deployment, flexible configuration and the ability to scale to support millions of customers and billions of transactions every year.”

In North America, Kabira is vigorously recruiting system integrators with strong banking and financial services practices and building on its network of strategic referral agreements. Kabira’s partnerships in Europe, the Middle East, Africa and Russia will focus on engaging system integrators and shaping new, strategic ecosystem alliances. Kabira’s Asia-Pacific banking strategy enables Kabira partners to deploy new joint market development programmes within existing relationships. Kabira will broaden its engagements with important system integrators who are focused on the banking, mobile banking and payment markets.

Hardware and software partners who ally with Kabira will be able to address the financial industry’s most demanding, transaction-intensive applications. Ten percent of the US gross domestic product is currently routed through Kabira-enabled servers every year.

Kabira’s core set of proven, highly-available, transaction-based products and services feature flexible, application-specific interfaces for both payment systems and processor networks. By working with Kabira partners, banks, credit card associations and service bureaus can rapidly implement flexible, performance-intensive systems that bring high profit functions such as debit and pre-paid processing, in-house.

About Kabira Technologies, Inc.

Kabira Technologies, Inc. (“Kabira”) provides high performance transaction processing software for global enterprises in Financial Services and Telecommunications. Kabira products are designed to meet the needs of highly available systems performing mission-critical business services. Kabira products can be implemented more quickly, with significantly higher performance and at substantially lower cost than legacy transaction processing systems. Kabira has been adopted by more than 70 organisations in 30 countries. Companies such as VISA, AT&T, France Telecom, Bank of America and Alcatel rely on Kabira high-performance transaction processing to support real-time product and service offerings. Kabira is a privately held company. Kabira Technologies and its offerings can be found at www.kabira.com

Kabira and certain other trade names, trademarks and logos are trademarks which may be registered in the United States, Australia and Europe and are owned by Kabira Technologies, Inc. or its affiliates. These marks may not be used in connection with any product or service that does not belong to Kabira (except as expressly permitted by a license with Kabira), in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits Kabira, its licensor, its subsidiaries or affiliates.

All other trademarks are the property of their respective owners.

Press Contact for Kabira in the UK
GBC
Email: kabira@gbc.co.uk
Tel: +44 (0)20 8322 1922

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