Norkom Technologies Appoints Alain Tayenne as General Manager of Norkom Europe


DUBLIN, Ireland, February 19 /PRNewswire/ --     Norkom Technologies, the leading provider of financial crime and
compliance software to the global financial services industry, has announced
the appointment of Alain Tayenne as General Manager of Norkom Europe.

Mr. Tayenne joins Norkom following a successful assignment with Reuters
Corporation, where he had commercial responsibility for the trade and risk
management applications business area for Continental Europe, UK and Latin
America.

Prior to this, Mr. Tayenne was Group General Manager for Financial
Reporting Systems (FRS Global), the leading provider of global risk and
regulatory compliance reporting solutions, with responsibility for over 220
employees spread across 13 direct offices worldwide. During Mr. Tayenne's
tenure as Group General Manager, FRS Global saw its revenues double within
three years, while engaging in multi-year relationships with key financial
institutions and building significant contracted revenue.

Announcing the appointment, Paul Kerley, Norkom's Chief Executive
Officer, said, "We are delighted that Alain has agreed to join our team.
With over 15 years' experience in European and global financial services,
regulatory and risk knowledge, as well as an excellent general management
track record, Alain will be a key driving force in developing and building
upon Norkom's business strategy for Europe".

According to Mr. Tayenne, Norkom Technologies represents a unique
opportunity to work with a company that has the demonstrated ability to
deliver cutting-edge solutions with the potential to significantly capture
and increase its market share. "Over the last ten years, Norkom Technologies
has become the undisputed leader in the area of financial crime and
compliance solutions and is strategically poised to further build on that
success. I am looking forward to working with such a motivated and capable
team in building an even stronger presence in Europe," he concluded.

Alain holds a Bachelor degree in Business Administration and Marketing.

About Norkom

Norkom Technologies (AIM: NORK.L, IEX: NORK.IE) is a
market-leading provider of innovative financial crime and compliance
solutions to the global financial services industry.

We enable organisations to take intelligent action, control
their defences and evolve their strategies against financial crime. By
combining our unique financial crime and compliance technology platform with
our deep domain expertise and extensive client experience, we offer a
comprehensive set of solutions which can be scaled and customised to meet
clients' current and future needs - from anti-money laundering and customer
due diligence to enterprise investigation of all types of fraud.

Used by clients in over 100 countries, including HSBC, Credit
Agricole, Fortis, Rabobank, Standard Chartered Bank, Washington Mutual and
Western Union, Norkom is proven to reduce financial losses, protect
reputation, improve operational efficiencies and lower the total cost of
ownership. Norkom has operations across Europe, North America and Asia
Pacific.

Norkom's software has been described as 'outclassing our
competitors' by the analyst group, Celent, and as an 'effective enterprise
wide financial crime management solution' by Gartner. Norkom was also
recognised as 'The Best Technology Solution' in Complinet's 2007 compliance
awards, the number one for AML and fraud in the OpRisk & Compliance
magazine's software rankings survey and 'Best Product' in the Banking
Technology Awards.

Visit http://www.norkom.com for more information.

Media contact:
    Fiona McLoughlin
    Marketing Manager
    Norkom Technologies
    Tel: +353-1-873-9612
    Email: fiona.mcloughlin@norkom.com.



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