The World's Financial Institutions Name Norkom No. 1 Anti-Fraud and Anti-Money Laundering Solution Provider

    Norkom Takes Top Ranking in 2007 OpRisk & Compliance Software Survey

    BOSTON, June 19 /CNW/ - A survey of leading financial institutions across
North America, Europe and Asia, carried out by one of the industry's most
respected publications, OpRisk & Compliance, has named Norkom as the world's
number one provider of both anti-money laundering and anti-fraud software
    OpRisk & Compliance's editor, Ellen Davis, confirms that, intensifying
regulatory scrutiny and increasing incidences of fraud is making financial
crime and compliance a top priority for financial institutions and that the
pressure is on for vendors to deliver innovative solutions that aid compliance
but also provide an effective defence against an increasingly sophisticated
criminal threat. "The anti-money laundering and anti-fraud technology markets
are extremely competitive ones at the moment. There are a large number of
solution providers in both spaces, which makes Norkom's position at the top of
both rankings a particularly remarkable achievement. Clearly, Norkom has a
substantial base of admirers who value the vendor's technology solutions and
subject matter expertise," says Davis.
    Rosemary Turley, Global Marketing Director for Norkom, comments, "We're
particularly heartened by this accolade since it comes directly from the
financial services community we seek to serve. We see it as an endorsement,
not only of our performance, but of our client focused market strategy and
business model."

    This recognition is the latest in a string of accolades for Norkom. The
company was recently awarded 'Best Technology Solution' in Complinet's annual
compliance excellence awards and, earlier this year, its leadership position
was confirmed by International Research firm, Celent, in a comprehensive
market report that evaluated the capabilities of 19 vendors across a range of
performance criteria.

For further information:

For further information: Rosemary Turley, Marketing Director, Norkom
Technologies, Tel: +353-86-829-1393,; or Hilary
Duffy, Marketing Manager, Norkom Technologies, Tel: +353-85-121-9414,

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