Temenos announced that Cairo Amman Bank, a full service bank with 106 branches in Jordan and Palestine, has gone live with T24™, Temenos' award-winning core banking system based on jBASE technology. The deployment of T24 replaces the bank's legacy core banking system and consolidates multiple banking modules. Through centralizing its operations, Cairo Amman Bank expects to see immediate improvements in operational efficiency including automation of Real Time Gross Settlement payments, freeing up a team of people to support additional growth in the business and laying the infrastructure to support sustained growth in income and profitability. June 2012 saw Cairo Amman Bank's Abu Nseir branch go-live as a pilot branch, followed by Treasury department operations in October 2012. The Zara Mall branch underwent the implementation of a model branch in March 2013 and the remaining 84 branches in Jordan and 21 in Palestine are scheduled to go live by the end of 2013. As part of the move to T24, the bank is also installing a Temenos' anti-money laundering (AML) screening solution.

Cairo Amman Bank selected T24 based upon Temenos' deep understanding of the local banking market and its proven track record of implementation of modern technological IT banking modules and support systems.

Kamal Al-Bakri, General Manager, Cairo Amman Bank says: "Temenos has delivered Cairo Amman Bank a modern, best-in-class core system, pivotal to the future success of the bank. We have invested in T24 to centralize and unify our core platform, eliminating complexity and lowering total cost of ownership. With T24 we now have an open and modern platform that integrates and interfaces with any external system and has the flexibility and scalability to grow with us. We found in Temenos a like-minded, innovative partner, harnessing technology to provide a truly differentiating service."

According to Mr. Clive Ketteridge, General Manager of jBASE at TEMENOS, the underlying run-time and database of the bank's implementation is jBASE. "One of the prerequisites for TEMENOS' T24 banking application is the jBASE open connectivity technology integrated with the banking functionality and coupled with an open database such as Oracle, IBM's DB2, Microsoft's SQL Server or jBASE, which provides clients with numerous options with regard to future direction. This undoubtedly offers the stability Cairo Amman Bank was looking for in rolling out their solution. Our customers complement us often on the ease of deployment and ongoing housekeeping that jBASE affords."

About jBase International

jBASE International is a leading supplier of database management software and web enabling tools for developing, deploying, and maintaining business applications solutions. The flagship product, jBASE, is now proven to deliver an open database product that brings the strengths of three dimensional MultiValue (sometimes referred to as enhanced relational) technology into the mainstream computing market.

From a geographical perspective, our market spans the world, with software companies embedding the jBASE database into their products in every inhabited continent. Amongst over 8,000 businesses using jBASE, we can name the customers of Sanderson, Columbia Ultimate Business Systems and CCI-Triad among our USA customer portfolio and have a significant presence in Europe (amongst others; First Direct Bank, TEMENOS and Wakefield district council), Australia (including; Citadel Computer Systems, Paperless Warehousing), Asia and Africa.

In September 2002, Mpower1 International Ltd. acquired the worldwide support, distribution and existing client rights of the full jBASE product set and embarked on a major investment program with jBASE International as a 100% owned subsidiary.

Mpower1 provides guidance and organization support to businesses, as a partial or full owner of that business, at various stages of their development. Bringing a unique approach to joint business ventures, Mpower1 acts as an enabling partner for its clients sharing the responsibility, risk and reward of their business growth, while protecting the interests of its client. Utilizing decades of senior level management experience, Mpower1 facilitates business strategy development and deployment resulting in accelerated and sustainable corporate performance.

For more information, visit http:/​/​www.jbase.com

About Temenos

Founded in 1993 and listed on the main segment of the Swiss Stock Exchange (SWX: TEMN), Temenos Group AG is a leading provider of integrated modular core banking systems. We serve more than 600 customers in over 120 countries, supported by 44 offices with more than 2,300 staff made up of over 60 nationalities.

Temenos’ only domain is banking software and our success is achieved by being completely focused on providing the best banking software available today. To this end, we consistently devote 20 percent of our revenues to research and development, higher than the average of our industry peers.

Temenos software provides banks with a single, real-time view of the client across the enterprise, enabling banks to maximise returns while streamlining costs. We provide 24x7 functionality to the Retail, Corporate and Correspondent, Universal, Private Wealth Management, Islamic, Microfinance and Community banking sectors. Temenos partners with central banks on core system replacement; and works with the World Bank on solutions for emerging markets.

For more information, visit http:/​/​www.temenos.com

About jBase

A multidimensional database, a development environment including a development language, and a middleware component allowing other mainstream and standards-based products to communicate with the jBASE products. The unique jEDI middleware enables access to other databases such as Oracle, DB2 and SQL Server. Microsoft Windows, all major Unix platforms including Linux, and IBM's e-Servers are supported.

For more information, visit http:/​/​www.jbase.com/​products/​jbase.html