Released on = March 20, 2007, 12:02 am

Press Release Author = PIC Solutions

Industry = Financial

Press Release Summary = Dubai, 20 March 2007 - PIC Solutions, the leading specialist
credit risk management consultancy in the Middle East and Africa region, is
developing a turnkey scoring solution for Arab National Bank.

Press Release Body = Arab National Bank, through its 113 branches and 12 ladies
sections, spans the entire Kingdom of Saudi Arabia. This includes an international
presence, in London, since 1991. Arab National Bank plays a pivotal role in serving
the Saudi Arabian economy through the provision of a range of banking services. With
the aim of enriching the customer experience, Arab National Bank offers a variety of
innovative, new products through this expansive retail network.

As part of their commitment to improve the Bank's profitability via effective risk
management policies, Arab National Bank will implement a new application scorecard
for their credit portfolio. During this turnkey analytical project, PIC Solutions'
predictive modelling team will work closely with the Bank's risk management
personnel to ensure the successful development and implementation of the application
scorecard. In addition, PIC Solutions will provide essential credit risk training
and consulting support to further enhance Arab National Bank's applications policies
and procedures.

Ram Mohan, Assistant General Manager at Arab National Bank, states, "PIC Solutions'
predictive analytical solution provides us with the perfect tool to identify high
and low credit risks during the application process. We look forward to implementing
the new scorecard to achieve our objective of minimising business risk through an
improved credit decisioning process."

Ian Read, General Manager of the Middle East region at PIC Solutions, adds, "Our
scoring solutions are designed to aid organisations in their endeavour to make
faster, more profitable decisions on customer acquisition, origination and account
management. PIC Solutions understands the challenges facing Arab National Bank and
our predictive modelling team will provide training and guidance to ensure they
experience the full benefits of the application scorecard."


About PIC Solutions
PIC Solutions provides consumer credit solutions to a wide range of blue-chip
organisations. We are experts in the fields of credit, risk and software and have an
established track record of success powered by solutions.

PIC Solutions is the Fair Isaac alliance partner for the Middle East Africa region
and from offices in Cape Town, Dubai and Johannesburg, provides all sales and
support for the entire suite of Fair Isaac products and services. This includes
consulting, project management, integration services, first line software support
and ongoing maintenance.

Our ongoing commitment is to enable clients to optimise the credit life cycle.

Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com

Web Site = http://www.PICSolutions.com

Contact Details = PIC Solutions
Birkdale I
River Park
Liesbeek Parkway
Mowbray
7700
South Africa
Tel: +27 (0)21 680-6000
Fax: +27 (0)21 680-6003
Email: Info@PICSolutions.com