PIC Solutions to Exhibit at Retail Finance Africa Conference

Cape Town, South Africa ? PIC Solutions will be exhibiting at the Retail Finance Africa 2005 Conference in February.

The Retail Finance Africa 2005 Conference, organised by the Lafferty Group, will be held in Johannesburg on 21-22 February 2005. This unique two-day conference will focus on the following key topics impacting the banking arena in Africa:

• The role of government in the African banking industry.
• The future of cards and payments in an emerging market.
• Multi-channel distribution strategies and the role of the branch.
• How to manage your growth and brand presence in an emerging market.
• Strategies to manage the whole customer base from mass affluent to super wealthy.
• Internationalisation ? the role of foreign banks in the provision of retail banking services.

Michael Lafferty, Chairman of the Lafferty Group comments, ?Financial services in Africa are beginning to take centre stage on a global marketplace of emerging retail banking opportunities. This conference will focus on current and future developments in personal banking services, payment cards, consumer finance and business banking best practice, all of which have shown unprecedented growth in South Africa and the African continent in recent years. The Retail Finance Africa Conference will enable our delegates to grasp the opportunities and reap the benefits of this exciting and emerging market.?

Stephen Leonard, Managing Director of PIC Solutions adds, ?South African banks face the challenges of competing in a diverse market which has a world-class financial system coupled with a still developing consumer population. The Retail Finance Africa Conference will ensure that organisations understand the needs of a challenging market in addition to gaining an insight into trends and issues facing the South African banking industry. PIC Solutions will be showcasing the latest suite of international credit risk software solutions at this leading conference.?

About PIC Solutions
PIC Solutions (www.picsolutions.com) provides customer management solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and marketing and have an established track record of success powered by solutions.

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