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Press Release
Syfact Reaffirms Industry Focus at its First Annual
Customer Advisory Council Meeting

HUIZEN, THE NETHERLANDS – June 8, 2006 – Syfact, a leading provider of investigative case management software, is pleased to announce the overwhelming success of its first Customer Advisory Council meeting which took place at Lake Gooimeer, in Huizen, The Netherlands. The event was held on June 8 and drew participants from Fortis Bank, MasterCard, International Card Services (ICS), Aegon Insurance, Rabobank, Postbank and ING. The objective of Customer Advisory Council is to bring Syfact customers together, familiarize them with Syfact's strategic direction, discuss current trends in the market, and use the Council's feedback in guiding future releases of its application, Investigator.

"We are delighted with the success of today's meeting and want to give special thanks to our customers for their contributions," said Jonathan Clarke, Director of European Operations. "Their feedback, candor, and enthusiasm for our product and our organization serve to reinforce our vision of delivering a state of the art, end-to-end solution for organizations seeking to proactively manage investigations into fraud and money laundering activities. We extend a great deal of credit to our customers for making Investigator the superior product that it is today."

Announcement of Syfact's new ASP offering of was also delivered to the Council indicating that the market for this product offering will be tested in North America, before being made available in the European market. This product will target community banks and credit unions, making available the same functionality found in installed version of Investigator.

Syfact will target a Customer Advisory Council meeting for its North American customer base in the Fall of 2006 and a Global Advisory meeting is targeted for 2007. "The positive way that our customers have responded to participating in the Customer Advisory Council is highly encouraging and reaffirms our intention to deliver a product that meets the investigative needs of our customers," said Syfact President, Mike Harper. "By actively soliciting the features and functionality our clients need, comparing them to trends in the market, and incorporating them in the application, we feel we can continue to provide superior technology to support anti-fraud and anti-money laundering efforts globally."

About Syfact Syfact is a leading global provider of investigative case management solutions, best practices, and technologies. For over a decade, Syfact has been trusted by many of the world's largest and most respected corporations and financial institutions, providing innovative solutions that both simplify and enrich the most complex fraud, money laundering, customer due diligence, and corporate security investigations. Syfact maintains offices in both North America and Europe. To learn more, visit www.syfact.com
For more information, contact:

Allen R. Bloomfeld
Director Global Marketing Syfact
+1 203 961 1500
allen.bloomfeld@syfact.com email
 
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