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National Bank of Egypt Rolls Out ACI Acquirer for Back-End Merchant Accounting
GlobeNewswire
2011-10-27

   Replaces Legacy System With Scalable and Flexible Alternative
                      Running on IBM System z

NEW YORK, Oct. 27, 2011 (GLOBE NEWSWIRE) -- ACI Worldwide
(Nasdaq:ACIW), a leading international provider of payment systems,
today announced that National Bank of Egypt (NBE) has gone live on ACI
Acquirer to transform its merchant acquiring infrastructure and enable
it to deliver flexible and tailored back-end accounting and management
solutions to its merchants.

National Bank of Egypt, which was the first established commercial bank
in Egypt, is committed to delivering the latest products and services
to its customers, and invests in technology to enable it to stay at the
forefront of its industry. With the implementation of ACI Acquirer, the
bank will be able to offer its merchants international multi-currency,
multi-product and multi-card scheme payment processing leveraging
standard product features , combined with the ability to support
sophisticated retailer relationships. As a result, NBE will enjoy a
competitive advantage through improved speed to market and customer
focus. In addition, NBE will take advantage of ACI Acquirer
functionality to offer its merchants more flexible billing and
settlement options.

Mohamed Ihab, COO of NBE said, "The team from ACI was supportive
throughout the implementation phase of the project, and we are
delighted to start using ACI Acquirer to make a real difference to our
merchant acquiring process. We are confident that we have a strategic
platform for our future growth."

Paul Thomalla, SVP and managing director ACI Worldwide (EMEA) said,
"National Bank of Egypt is determined to deliver world-class services
to its customers and merchants, and the completion of this project
gives the bank a truly differentiated service for all of its merchants,
and enables it to respond to changing factors quickly and easily."

ACI Acquirer is a comprehensive multi-currency merchant management
system. It stores and manages merchant accounts and their histories,
and gives acquirers complete control of the merchant accounting and
settlement lifecycle. ACI Acquirer provides the capability to support
the complete life cycle of back office processing including setting up
merchant agreement terms and conditions, opening accounts, account
management, transaction management, merchant service, billing and
settlement.

For more information on ACI Acquirer please go to
www.aciworldwide.com/acquirer.

Twittercue: National Bank of Egypt rolls out ACI Acquirer for back-end
merchant accounting; commits to future with ACI Worldwide
http://bit.ly/nts4cG

About ACI Worldwide

ACI Worldwide powers electronic payments for more than 800 financial
institutions, retailers and processors around the world, with its broad
and integrated suite of electronic payment software. More than 90
billion times each year, ACI's solutions process consumer payments. On
an average day, ACI software manages more than US$12 trillion in
wholesale payments, and for more than 160 organizations worldwide, ACI
software helps to protect their customers from financial crime. To
learn more about ACI and understand why we are trusted globally, please
visit www.aciworldwide.com. You can also find us on
www.paymentsinsights.com or on Twitter @ACI_Worldwide.

About National Bank of Egypt

Founded in 1898, National Bank of Egypt (NBE) is the first established
commercial bank in Egypt and the largest player in the Egyptian banking
sector. NBE is the market leader in terms of total Assets with a market
share of 24.5%, and in terms of total Loans and advances with a market
share of 21.7%, as well as leading the market in customer deposits with
a market share of 27.4%. It has the largest branch network of 428
branches and outlets, the largest ATM network of more than 1000
terminals, and the largest customer base of approximately 5 million
customers. NBE is the largest lender in the trade finance sector in
Egypt, and the largest lender to SME's in Egypt, which is a key group
driving economic development in the Egyptian private sector. NBE enjoys
an effective international presence through the National Bank of Egypt
(UK) limited, its New York and Shanghai branches, as well as
representative offices in Johannesburg - South Africa, Addis Ababa --
Ethiopia, and Dubai -- UAE, in addition to an extensive correspondent
network round the globe mainly in Europe, which is Egypt's premier
commercial partner.


CONTACT: Catherine Eyres
         ACI Worldwide
         +44 (0) 1923 812741
         press@aciworldwide.com