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Joint Seminar with Stromme Foundation on "Technology Effectiveness for MFIs"

Southtech Ascend Banking Presented in "Moving Forward with Innovation" Conference in Manila

Southtech and Cambodian Microfinance Association Hold Seminar

Development Initiative for Social Advancement (DISA) and Southtech Sign Contract For Ascend Banking (MFV)

Sajida Foundation and Southtech Sign Contract For Ascend Banking (MFV)

Southtech and BRAC signed an agreement to automate 1,000 new branches with Ascend banking system (Version 5)

CRISL Rates Southtech

Southtech Celebrates Achievement of CMMI Level-3 Appraisal

Southtech Ascend Banking System Version 5 Released

Southtech assessed at CMMI Level 3 Quality Standard

Southtech Wins International Bid

Eastern Bank Limited to Use Southtech SCALED

Southeast Bank Chooses Southtech HR system

Southeast Bank Places Work Order for Southtech Shanchya Patra Management System

Southtech Ascend Banking in Afghanistan

Save the Children - Denmark Sweden Signs Contract with Southtech

Central Hospital Limited to Install Southtech PatientCare

BRAC Afghanistan Bank to Install Southtech Ascend Banking

Ascend.NET Gets Independent Evaluation

Southtech signs an agreement with a London-based software product company

Southtech MBSŪ has been renamed as Southtech Ascend BankingŪ

Southtech Limited Continues Registration to ISO 9001:2000

Southtech SCALED to be installed in Dhaka Bank

BDFCL to install Southtech MBS

Southtech implements Government Bond Management module in a foreign bank

Microsoft Bangladesh and Southtech Limited jointly organize a seminar

Southtech Progressive Stockbroker® Upgraded to interface with CDBL

Southtech Limited Attains Gold Certified Partner Status
In Microsoft Partner Program

Family World automates using Southtech EasyPOS®

Southtech signs off with Coopers for the implementation of Southtech EasyPOSŪ

Southtech sponsors 7th International Conference on Computer and Information Technology (ICCIT)

Southtech Limited Continues Registration to ISO 9001:2000

A&W Restaurant goes live with Southtech DiningPlus®, a fully integrated touch-screen restaurant management software

Southtech automates Institute of Child Health & Shishu Hospital with Southtech PatientCare® Software

Southtech Appointed as Distributor of China’s Largest ATM Manufacturer

Southtech to help Sonali Bank and BASIC Bank in SWIFTNet FIN Migration

Southtech to automate two branches of Agrani Bank with Southtech MBS®

Southtech signs contract with PRICECLUB

Southtech becomes ISO 9000:2001 certified

Southtech holds workshop at BIBM

Automation works of 1,131 BRAC offices completed

 


Press Release - Dhaka, 14 July 2004

Southtech Appointed as Distributor of China’s Largest ATM Manufacturer

China’s largest ATM manufacturer, GRG Yuntong (Guangdong) Banking Equipment Co. Ltd. has appointed Southtech Limited as its distributor in Bangladesh. GRG Banking has a wide range of ATM’s suitable for retail stores and hotel lobbies to high-end wall-mounted ATM’s for banks. Until the end of 2003, GRG Banking has installed more than 6,500 ATM’s in China alone. GRG Banking’s ATM’s have been installed in many other countries of the world including Australia, the UAE, Iran, Cuba, Indonesia, Taiwan, Vietnam, and the Philippines. GRG Banking also has its own ATM switching software that is currently being used by all major banks in China and Vietnam.

Southtech is the largest software house in Bangladesh and is ISO 9001:2000 certified for software design, development, implementation and sales. Southtech is the largest Microsoft Certified Partner in Bangladesh, an IBM Business Partner, a CISCO Authorized Reseller, a SWIFT Solution Partner and an Authorized VUE Center. Southtech has a large number of software solutions including a high-end real-time online banking system, Southtech MBS® and a high-end retail management solution, Southtech EasyPOS®.

GRG's Head of Overseas Marketing, Mr. Bobby Lee and Southtech's Managing Director, Syed Mamnun Quader shaking hands on signing the Distributor Agreement in Guangzhou on 3 July 2004.

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