Top European Banking Group chooses Norkom Technologies

Banco Santander chooses Norkom Technologies as the AML Solution for its AML
Units
LEUVEN, Belgium--(Business Wire)--
Norkom Technologies has announced that Banco Santander, one of the world`s top
10 banks and the largest bank in the euro zone, has selected its AML Solution
for implementation in Santander AML Units, marking Norkom`s official foray into
the Spanish financial services marketplace.

Under the terms of the agreement, Banco Santander can deploy this suite across
all its European and Latin American operations, helping it to comply with
national and international regulations, such as the 3rd EU Money Laundering
Directive. The first implementation will be in Spain.

Norkom`s enterprise-wide Anti-Money Laundering and Watch List Management
software will monitor Banco Santander transactions across all customers and
accounts to detect, investigate, manage and report potentially suspicious
behaviour. The bank will be automatically alerted if any individual or entity
attempting to transact with it is listed on any of the numerous and diverse
watch lists issued by the regulators through the use of sophisticated matching
and analytic techniques. In addition, the software`s step-by-step investigation
workflows and comprehensive alert and case management capabilities will deliver
greater efficiency to the investigation process, significantly reducing costs
and improving the productivity of the AML Teams.

Norkom`s flexible technology platform structure will enable the bank to deploy
one consistent solution across the enterprise with an option to extend further
into other Banco Santander areas in the future.

Alain Tayenne, General Manager of Norkom Europe, commented, "We are delighted to
welcome Banco Santander into our expanding family of tier one clients. This is a
significant deal for Norkom not only because it marks our strategic entry into
Spain but also because it enables us to count six of the world`s top ten banks
as clients."

The contract with Banco Santander builds upon Norkom`s existing client base in
over 100 countries, which now includes six of the world`s top 10 banks. Norkom`s
clients include HSBC, Credit Agricole, Fortis, Rabobank, Erste, Raiffessen
Zentralbank Osterreich and Standard Chartered Bank.

About Norkom Technologies (www.norkom.com)

Established in 1998, Norkom Technologies (AIM: NORK.L, IEX: NORK.IE) enables
financial organisations to take intelligent action, control defences, and evolve
strategies against fraud, money laundering, and other types of financial crime.
By combining a unique investigative technology platform with deep domain
expertise, Norkom has established a solid track record of reducing financial
losses, protecting users` reputations, improving operational efficiencies, and
lowering the cost information technology.

Norkom Technologies
Fiona McLoughlin, 00353 1 8739600
Marketing Manager
fiona.mcloughlin@norkom.com

Copyright Business Wire 2009