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Global Technology to implement enterprise-wide solution for Australian company, RAMS

Johannesburg, 18 Sep 2000

Global Technology has signed a $7 million deal with RAMS Home Loans, one of Australia`s leading and most trusted home loan brands, to supply RAMS with its new Enterprise System Solution (EBSS). This implementation will take place in September 2000.

Charles Weiser, CEO of RAMS, says, "Global Technology is providing a total banking solution to RAMS, at the heart of which is the GLOBUS product. This solution will have an immense impact on the quality and speed of service RAMS is able to provide to its customers, and will include telephone and e-commerce flexibility."

"With our increasingly sophisticated marketplace, and the exponential growth of RAMS, it is now essential that we re-engineer our systems so that they seamlessly support our business objectives. The Global Technology solution meets this objective," continues Weiser.

Ray Leonard, CEO of Global Technology, comments, "The Global Technology EBSS system will enable RAMS to implement an aggressive e-business . This in turn will provide Global Technology with the tools to expand its market reach in Australia and through RAMS, to enhance its customer experience in this market. Importantly, it will also enable Global Technology to speed up the way we take our products and services to market."

The innovative EBSS solution, to be rolled out in stages, comprises the world leading GLOBUS banking system package and a number of "best-of-breed" complementary products from within the Global Technology product range, including CAEMS, Banking, JANNA, Hyperion and Datastage.

CBS, Global Technology`s business consulting arm, worked in close partnership with Global Technology Banking to obtain RAMS` systems specifications and requirements. This consultative phase of the deal was essential in order to ensure that RAMS` exact requirements would be met.

Global Technology is the leading supplier of software solutions to the banking, insurance and financial services sectors in Africa and Australia, and is in the process of expanding its horizons into South America.

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