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Hitachi

Hitachi eBworx

July, 2003

eBworx's Regional Market Footprint Expands to Thailand with the Kasikorn Bank Deal to Implement DCMS - Corporate Loans

Kuala Lumpur, July 2003 - eBworx Berhad announced today that it has secured a contract to implement the Digital Credit Management System (DCMS) – Corporate Loan for Kasikorn Bank (formerly known as Thai Farmers Bank) of Thailand. Implementation is already underway.

This project is a significant milestone for eBworx, as it is eBworx's first venture into the Thailand banking market. Kasikorn Bank, being the 3rd largest commercial bank in Thailand and also one of the most profitable banks, having chosen to implement eBworx's Digital Credit Management System, is a valuable endorsement that the solution is viable and practical in the international financial arena.

This module caters to the bank's corporate clientele, with the dual goals of assisting the bank in streamlining their Corporate and SME (Small Medium Enterprises) loan processing as well as for pro-active and effective credit risk management.