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EUROLINE CARD SERVICES S.A. USES ECHECK FOR THE APPLICATION WORK FLOW AND SETTLEMENT SYSTEM
Bucharest - December 2004

Web-based Work flow, Credit Management Application and Settlement System

Reduce your Credit check and Scoring costs, increase production capacity and dramatically shorten title production and settlement processing time.

We'll show you how our workflow management, collaboration and processing automation can transform your business and differentiate you from the competition. The time has come to pull away from the pack.

eCheck is a comprehensive Web-based work flow, credit check and settlement system. eCheck automates the process of transaction management.

Technically speaking, eCheck is a hosted system that enables companies, financial institutions, buyers and sellers to interact more efficiently. eCheck is developed in .Net and uses Microsoft SQL Server. Using powerful Microsoft additional tools like Reporting Services and Analysis Services, eCheck comes with included real time Business Intelligence modules.

» Automate settlement processing for paper, all done digitally
» Instantly generate estimated credit fees, Credit and Scoring
» Review and print documents
» Centralize contract documents for secure viewing by all appropriate parties
» View a complete, traceable history of all user activity by storing and tracking every version of all documents

» The Online Application form eliminates unnecessary manual processes
» Increase accuracy of decisions by considering credit score and additional credit data
» Increase sales and revenues
» Strategic accounts that want to automate decisions beyond the score without building a custom solution from scratch
» Increase the accuracy of the credit granting decision by electronic visualization of input data, calculated parameters (scoring, rating) and the attached additional documents
» Instantly Decision Score
» Daily activity reports list all transactions during the day
» Enables businesses to pre-approve, cross-sell and up-sell products at the point of transaction
» Minimized application turnaround time
» An extremely operative and efficient system of Client Service

About Euroline Card Services SA

ERS is a financial non-banking company registered in 2003, with 2 banks as shareholders: Eurobank from Greece - 80% and BancPost Romania - 19,6%.
ERS' objective is that the card be accessible to a wide range of population sectors. For accepting a credit card application, the minimum monthly income of the applicant has to be 2,8 million ROL. A person who enters in a shop and wants to buy a product which he cannot afford at the moment, can purchase it by asking the ERS credit card directly from the merchant.

The group is interested to invest as much as is necessary to reach the targets. Euroline Retail Service (ERS), the member of the Greek group EuroBank, estimates it will issue over 50,000 credit cards in the first year.

For further media information please contact:

Laur Emilian
Euroline Retail Service S.A.
6-6a,Calea Vitan Street,
Sector 3, Bucharest Romania
Tel: 021 3276844
Fax: 0040 21 3276845
Web: http://www.euroline-cards.ro
E-mail:laur.emilian@ers-sa.ro


FASMA SRL
31 Panduri, Bl. P2, Apt.31
050655 Bucharest
Phone: +40-21-4101892
Fax: +40-21-4102196
Web:http://www.fasma.com
E-mail:fasma@fasma.ro

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    With more than 1,600 applications per day, more information at www.echeck.ro

    Currently used all around Romania by important retailers as Altex Network, Germanos Network, CG & GC Intelligent Technology, ALLISO NET SERV, ARCAS TRADE, Avenir Telecom-Internity, BRAVO COM, CHRIS EXIM, CIP-SAVIN, COMATEX, Computers C&C, CORAURA, CRISTIAN SRL, Cryalmo, EDF, EURANIS, Expert Center SRL, FLO & ANDO GRUP, Gama DMG Mangalia, General Pyt, LUVI TRADE, SELF GEPI, Skyfon B Mobile, Tech Center, Tel Sim Verba, TORKAS, VEGASTEL, VEM-SRL, XTEL.