Temenos wins major contract from ING Bank to support their worldwide operations

07 May 2002

TEMENOS Wins Major Contract From ING Bank to Support Their Worldwide Operations TEMENOS GLOBUS Will Support ING Wholesale Operations in 35 Countries Geneva, Switzerland – 07 May, 2002 ---- TEMENOS (SWX: TEMN), a global vendor of integrated banking software that supports international banking, announced today it has won a major contract with ING Bank to support their operations in their international branch network. The contract was awarded after an intensive evaluation process and will be implemented over the next 3 years.

TEMENOS GLOBUS™ will be installed in one IT hub running 24x7 that will support all of ING Bank’s Wholesale operations in Europe, Asia, and the Americas.

“We are delighted that ING Bank has chosen GLOBUS as the technology platform on which to base their operations worldwide,” said George Koukis, Chairman and CEO of TEMENOS. “GLOBUS’ robust functionality, coupled with our outstanding implementation capabilities helped propel us to the top of the selection list. We look forward to a long and fruitful relationship with this prestigious institution.”

GLOBUS is an integrated, modular international banking system with full functionality, including retail and wholesale banking, trade finance, and treasury
modules. It supports multi-company and multi-bank environments and is truly global in scope, incorporating both multi-currency and multi-lingual capabilities. In addition, GLOBUS contains robust risk management and security features that provide a flexible, user-friendly environment while allowing institutions to have

-ENDS-

About Temenos
Founded in 1993, Temenos Group AG is a provider of integrated modular core banking systems to over 590 financial institutions in 110 countries worldwide. Temenos software provides banks with a single, real-time view of the client across the enterprise, enabling banks to maximize returns while streamlining costs. Whether providing 24/7 functionality to the wholesale, retail and private or universal banking sectors, partnering with central banks on core system replacement, or working with the World Bank on solutions for the emerging markets, Temenos knows banking. The company has a transparent approach to its operations and brings to bear its experience, expertise, commitment and professionalism on every project. Headquartered in Geneva, Switzerland, the company has 43 offices in 33 countries and is listed on the main segment of the SWX Swiss Exchange (TEMN). For more information please visit www.temenos.com

For more information, contact:

Max Chuard
Temenos Director
Corporate Finance & IR
Member of the Executive Board
Tel: +41 (0) 22 708 1157
Email: mchuard@temenos.com

Ben Robinson
Temenos Investor Relations Manager
Tel: +44 (0) 207 290 3012
Email: brobinson@temenos.com

Bianca Morgan
Temenos PR Manager
Tel: +44 (0) 207 423 3751
Email: bmorgan@temenos.com

Chris Patmore
Team 660
Metia for TEMENOS
Tel: +44 (0) 20 3100 3596
Email: chris.patmore@metia.com