Norkom Signs Fourth Middle East Client in 12 Months in a Deal with Al Hilal Bank

ABU DHABI, United Arab Emirates--(Business Wire)--
Norkom Technologies has today announced that Al Hilal Bank, a government-owned
Islamic bank based in the United Arab Emirates, has selected its market-leading
financial crime and compliance solutions in a deal that marks Norkom`s second
Islamic bank client and fourth major deal in the Middle East region over the
last 12 months. The contract was signed during the Enterprise Ireland Trade
Mission to the United Arab Emirates led by the Irish Minister for Trade, Mr.
Billy Kelleher, T.D.

Al Hilal Bank, which was formed in June 2008, will implement Norkom`s
award-winningAnti-Money Laundering (AML) and Watch List Management (WLM)
solutions across its operations in Abu Dhabi, Al Ain and Dubai to comply with
increasing national and international regulations.

According to Al Hilal`s Head of Compliance, "At Al Hilal Bank, we take issues of
money laundering and terrorist financing very seriously. We are committed to
improving our defenses against these forms of financial crimes, as well as
maintaining the highest standards of compliance with local and global
regulations. Having evaluated the financial crime and compliance marketplace
very carefully and spoken to a number of financial institutions in the Middle
East, we were convinced that Norkom was the right partner with which to
establish a long-term relationship - one that will protect us against the
financial and reputational risks that are associated with financial crimes and
changing regulations".

Norkom`s advanced AML software will help Al Hilal Bank to monitor and analyze
transactions and customer interaction across its entire customer base to
identify and investigate suspicious and criminal behavior. Through superior
matching techniques, Norkom`s WLM solution will automatically alert Al Hilal
Bank if any entity attempting to transact with it is listed on any of the
industry`s numerous and diverse watch lists, enhancing the bank`s defenses and
protecting it from exposure to sanctions and from inadvertently conducting
business with known or suspected criminals and terrorists.

"We`re delighted to welcome Al Hilal Bank, our second Islamic banking client, to
our growing client base," explains Liam Griffin, Norkom`s Chief Commercial
Officer. "Over the last 12 months since we entered the Middle East, we have won
four major deals because of our ongoing commitment to the market. No matter
where we go in the world or how far we internationalize, one thing remains
consistent - our approach to clients. We strive to provide our clients with
best-of-breed technologies and expertise in global financial crime and
compliance, as well as superior customer service - and in return we receive
unparalleled customer referenceability of a calibre that can`t be bought".

Islamic banking, a sharia-compliant law which prohibits interest, is a
fast-growing, highly competitive worldwide phenomenon estimated to be a $1
trillion industry, with conventional banks now entering its domain.

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. 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 of
information technology.

About Al Hilal Bank (www.alhilalbank.ae):

Al Hilal Bank is wholly owned by the Abu Dhabi Investment Council, which is an
investment body of the Government of Abu Dhabi. The Bank has an authorized
capital of AED 4 billion and is licensed to operate as an Islamic commercial
bank. Al Hilal Bank is committed to becoming the region`s leading financial
institution, escalating the development of Islamic Banking with a fresh approach
to the industry, new technology and service excellence.

Norkom Technologies
Fiona McLoughlin, +35318739612
Marketing Manager
fiona.mcloughlin@norkom.com
or
Al Hilal Bank
Mariam Yousef Ahli, 050 744 77 55
Public Relations Manager
myahli@alhilalbank.ae

Copyright Business Wire 2009