Standard Chartered China Launched Anti-Money Laundering Solutions from Norkom Technologies

SHANGHAI--(Business Wire)--
Standard Chartered Bank (China) Limited ("Standard Chartered China") recently
announced that it has officially launched the Anti-Money Laundering (AML)
solutions from Norkom Technologies. The implementation is part of a Group
initiative to implement the solutions across the Bank`s key countries and
businesses to help comply with local AML regulations in China and international
regulatory expectations.

This is amongst a series of initiatives that Standard Chartered China has
undertaken in response to heightened global and China`s expectations on AML. In
addition to launching the AML solutions, the Bank has also taken many other
efforts on AML, including establishing a transaction monitoring unit, increasing
dedicated professionals, revising due diligence procedures, implementing
customer database periodic matching technology, etc.

Norkom Technologies` solutions monitor banking accounts and transactions, both
in real-time and batch mode, to identify suspicious behavior and matches these
against various watch lists, identifying transactions to or from individuals,
organizations or countries that are viewed as `high risk'. Alerts are
prioritized so that the bank can focus its attention on those that represent the
greatest risk.

Alan Fung, Chief Operating Officer, Standard Chartered Bank (China) Limited,
said, "We are delighted to have launched the advanced Anti-Money Laundering
solutions in China, through which our capabilities to monitor and identify
suspicious transactions will be greatly enhanced. As a bank with over 150 years
of continuous operation in this market, we are committed to abide by all local
regulations through consistently optimizing our operating platforms in achieving
a secure and stable financial market environment."

Note to editors:

Standard Chartered - Leading the way in Asia, Africa and the Middle East

Standard Chartered PLC, listed on both London and Hong Kong stock exchanges,
ranks among the top 25 companies in the FTSE-100 by market capitalisation. The
London-headquartered Group has operated for over 150 years in some of the
world`s most dynamic markets, leading the way in Asia, Africa and the Middle
East. Standard Chartered aspires to be the best international bank for its
customers across its markets. The Group has around 1,750 branches and outlets
located in over 70 countries.

In China, the Bank set up its first branch in Shanghai in 1858, and has remained
in operation throughout the past 150 years. Standard Chartered Bank (China)
Limited is one of the first foreign banks to locally incorporate in China in
April 2007. This demonstrates the Bank`s commitment to the China market, and its
leading position as a foreign bank in the banking industry. Standard Chartered
now has one of the largest foreign bank networks - with 15 branches, 37
sub-branches, 1 representative office and a Village Bank in China.

For more information on Standard Chartered, please log on
www.standardchartered.com

About Norkom Technologies (www.norkom.com)

Norkom Technologies (AIM: NORK.L, IEX: NORK.IE) enables financial organizations
to take intelligent action, control defenses, and evolve strategies against
fraud, money laundering, and other types of financial crime. Norkom has
established a solid track record of reducing financial losses, protecting users`
reputations, improving operational efficiencies, and lowering the cost
information technology.

Standard Chartered Bank (China) Limited
Eva Chow, (021) 3896 3198
Head of Corporate Communications
eva.chow@cn.standardchartered.com
or
Norkom Technologies
Fiona McLoughlin, 00353-1-8739600
Marketing Manager
fiona.mcloughlin@norkom.com

Copyright Business Wire 2009