August 17th Decision to partner with Haydrian provides great alignment with Tech Supply’s main business focus of offering high quality compliance and anti-fraud solutions to its Brazilian Customers São Paulo, Brazil – August 17th, 2006: Tech Supply, one of the leading providers of IT Infrastructure --solutions in Brazil for more than 20 years announced earlier this month, they will be joining Haydrian Corporation, a global provider of Anti-Money Laundering (AML) analytics, risk management and reporting technology, as Haydrian’s Brazilian implementation partner for the distribution of Haydrian’s XM3 AML platform for financial institutions. Mr. Miguel Perrotti, President and CEO of Tech Supply, said today, “For Tech Supply this partnership is very important, the main business focus of our company is to provide high-quality anti-fraud and compliance solutions to our Brazilian customers. The Haydrian XM3 solution is the perfect match allowing us to address our needs in the AML niche, while the Haydrian solution addresses the need for Brazilian Banks and insurance companies to enter and compete in the global financial market with a first tier AML solution compliant with FATF/GAFI recommendations and the local GAFISUD/COAF regulations.” Haydrian’s XM3 is a world-class, first tier AML monitoring and compliance solution designed by subject matter experts in the areas of AML detection, risk management, human behavior modeling, pattern recognition and information technology. Haydrian XM3 is designed to deliver a comprehensive and robust AML solution that integrates seamlessly with financial institutions’ operational systems and provides both batch and real time AML monitoring, proactive detection, and user-friendly reporting capabilities across a full spectrum of financial activities. XM3 is designed to be fast, reliable, secure, easy to deploy and reusable on any platform. “As the Emerging Worldwide Leader in Risk Management Solutions with a solid market position in Latin America, Haydrian recognizes the great progress made by the Brazilian financial institutions, regulators and law enforcement agencies in fighting financial crime, money laundering and enforcing compliance. Tech Supply holds a remarkable leadership position in this market while providing solutions to enforce compliance, corporate responsibility and integrity. This announcement underscores the power of the Haydrian solutions in meeting business-critical requirements of anti-money laundering and other forms of financial crime detection, today and in the future. We are extremely excited to establish this strategic alliance with Tech Supply and confident the partnership will provide great value to the Financial Institutions in Brazil” said Persio Afonso, Vice President of Marketing for Haydrian. About Tech Supply Tech Supply, under the Perrotti Group founded in 1977 is one of the pioneering groups in the implementation of IT infrastructure in Brazil and Latin America. In 1999, the Group sold 100% of Perrotti Informática Integradora to the Bank of America and concentrated in the expansion of its activities as an investor in technology companies dedicated to business. Tech Supply’s mission is to act as partners of our clients in " Technologic Intelligence " together with the Integrity and Governance of their businesses, with the objective of bringing Success and Value to the Organizations. About Haydrian Haydrian Corporation provides Risk Management Solutions for financial institutions (banks, brokerage, insurance and money service businesses) around the world. Haydrian XM3 is a premier detection, prevention and risk management platform for financial institutions; which delivers a combination of the highest levels of regulatory compliance at the minimum total cost of ownership. Haydrian is led by a team of experienced senior executives with a successful track record in international banking, compliance monitoring, consulting, financial services, credit analysis and risk management. In addition to corporate offices in the United States, Haydrian International also has locations in Mexico, Panama, Colombia, Brazil, Spain, Egypt, UAE, Lebanon, Pakistan and Indonesia. |