EastNets Earns High Ranking in Chartis RiskTech100(R) Report for Third Consecutive Year


NEW YORK, NY and DUBAI, UNITED ARAB EMIRATES--(Marketwire -02/13/12)- EastNets, a leading global provider of compliance and payments solutions and services for financial institutions and corporates, has been ranked 37th in this year's edition of the RiskTech100 report released by Chartis Research, a leading research and advisory services firm focused exclusively on the risk technology market. Earning a high ranking for the third consecutive year, EastNets jumped four places higher from its 41st position in last year's survey. The company was one of the 100 technology firms chosen for the annual study, which seeks to provide a more in-depth analysis of the global market for risk management systems.

"We are very honored to be ranked highly again in this year's Chartis RiskTech100 report. Being included in the list for the third consecutive year is testament to the strong vote of trust and confidence given to us by our channel partners, vendors, distributors and customers," said Hazem Mulhim, CEO, EastNets. "Many regions are currently witnessing an increased demand for strategic and highly reliable risk management solutions and services. Aiming to address this demand, we are looking to leverage our broad portfolio of products and solutions across various industry verticals in the region. We remain steadfast in our commitment to develop and provide our customers with new technologies that not only give them the confidence and security of being protected against risk but also help achieve more productivity and increased efficiencies in their operations."

EastNets provides Anti-Money Laundering (AML), Anti-Fraud, payment and transaction management solutions, and SWIFT plug-ins to add value to SWIFT connectivity for improved risk protection, transparency and cost controls. EastNets is one of the world's largest SWIFT Service Bureau providers, with more than 250 clients.

About Chartis Research
Chartis is the leading provider of research and analysis covering the global market for risk management technology. Our goal is to support enterprises seeking to optimize business performance through better risk management, corporate governance and compliance. We help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on the broad spectrum of risk technology offerings. RiskTech100® is a Registered Trade Mark of Chartis Research Limited. For more information, visit www.chartis-research.com. Chartis Research is authorized and regulated by the Financial Services Authority (FSA).

About EastNets
EastNets is a leading provider of global compliance and payment solutions and services with over 1,000 customers in 120 countries. Founded in 1984, EastNets has over 25 years of experience serving financial institutions, corporates and government agencies around the globe. EastNets provides anti-money laundering, payment and transaction management solutions, and SWIFT plug-ins to add value to SWIFT connectivity to improve risk protection, transparency, and cost savings. Through its outsourced fully-hosted Service Bureau, EastNets provides SWIFT connectivity, OFAC filtering and other add-on services for over 250 financial institutions. For more information, please visit www.eastnets.com.

Dawn Fontaine
Ripple Effect Communications
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