TPS picks up first prize at P@SHA ICT Awards 2005 for InSight

Karachi, Pakistan – December 6, 2005:  TPS today takes pride in announcing that it has won the best general application award today at the PASHA ICT Awards 005. The awards were judged by an independent panel of technology and business professionals:

Mr. Iqbal Salim, Executive Director, Sidat Hyder Morshed Associates

Mr. Vaqar Khamisani, ISV Manager & Evangelist, Microsoft Pakistan

Mr. Zia Ullah Begg, Atlas Group

Mr. Humayun Qureshi, Consultant & Professor

Mr. Naseem Z Siddiqui, Director IT, AKU

Mr. Adnan Masood, Head of IT, United Bank Limited

Mr. Saquib Ahmed, IT Head, Emirates Islamic Bank

The top winners of the P@SHA ICT Awards are being nominated for representation at the annual Asia Pacific Awards in Chiang Mai, Thailand in mid-February, 2006.

P@SHA (Pakistan Software Houses Association) was formed with a mind to promote and develop the fast growing software and services industry in Pakistan, and to provide them with national and international exposure, and recognition.

The objective of the P@SHA ICT Awards is to provide recognition to software and service applications that have been developed in Pakistan. It is meant to acknowledge creativity, innovation and excellence in the Pakistan Information and Communication Technologies sector.

This annual Awards program also provided an opportunity and an ideal environment for companies to gain local, regional and international exposure through on-going promotional activities, and through participation at the international Asia Pacific ICT Awards (APICTA).

InSight is a web based ATM network Monitoring and Management solution which provides complete monitoring of ATMs, banks hosts and network links for all transaction acquiring channels.

Azfar Azhar Karimuddin, Regional Manager Business Development at TPS said, “It was honour to be nominated for the awards and pleasure receiving it. Rightful thanks go out to our InSight product team members and customers, who have all played a key role in helping us get where we are today. The P@SHA ICT Award is a testament to the hard work that has been put into this product over the last eight years by all of us.”

TPS is software, systems and consultancy firm specializing in transaction based applications to the financial industry. TPS is leading technology provider in Pakistan to the banking industry with nearly all the products from TPS form the heart of retail infrastructure of Pakistan.