Sage Serves Middle East Clients From Dubai


DUBAI, UAE, February 12 /PRNewswire/ --     With great confidence and unwavering belief, SAGE SA from
Switzerland opened up its new branch in the main hub of Information
Technology in the GCC, at the Dubai Internet City, right in the heart of
Dubai, UAE. Following its successes in Europe and in South East Asia, SAGE
decided to expand to the Middle East with a new office and with their
flagship banking software, Prospero.

Sage Advanced Solutions FZ-LLC was established in Dubai so
that it can be closer to its clients all over the GCC. Despite the financial
crisis, SAGE believes that there is huge potential in the region and a strong
need as well to systemize and organize processes in financial institutions.

As Jean-Luc Freymond, CEO of SAGE states: our banking system,
Prospero will not only streamline the banking processes in the Middle East,
but we will also bring our expertise in Swiss banking to the region.

Tarek Hamdan, CMO of Sage, adds: We are confident that even
though markets are going through tough times, the GCC will remain upbeat and
that now is the time for financial institutions to invest for the near
future, for the comeback growth of their industry.

In affirmation of this confidence, Sage continues to actively
participate in related finance and banking events globally, the latest of
which is the MEFTEC Banking and Financial Technology Event, held yearly in
Manama, Bahrain. It was held this year from February 10 and 11 at the Bahrain
International Exhibition Centre.

Hamdan will be heading the whole MENA region from the office's
operations in Dubai. Sage also has a branch in Singapore which handles the
South East Asian operations.

SAGE (http://www.sage.ch), headquartered in Lausanne
(Switzerland), is becoming the new reference when it comes to providing
integrated modular Front to Back Office Banking systems. Find out more by
contacting Tarek Hamdan at tarek.hamdan@sage.ch or +971-50-376-1476.

© PR Newswire Association LLC.

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