Global Finance Leaders Tackle Regulatory Compliance Issues at 2007 Mantas User Conference

Business Wire, March 8, 2007

NEW YORK -- Mantas Inc., a business of i-flex([R]) solutions and a provider of regulatory compliance, loss prevention and revenue generation solutions, reports another constructive and informative user group conference, held this year at the Doral Golf Resort & Spa in Miami, Florida. Over 200 participants from around the world and all sectors of the financial services industry attended the event to discuss today's challenges in regulatory compliance.

"This was our most successful event to date in terms of topics and turnout," states S. Ramakrishnan, CEO, Mantas and Reveleus. "Our esteemed speaker, Wayne Abernathy, the Executive Director of Financial Institutions Policy And Regulatory Affairs at the American Bankers Association, discussed how financial institutions can keep pace with evolving regulatory compliance requirements, and our customer-led roundtables addressed ways to move beyond traditional compliance and leverage the right tools to meet today's - and tomorrow's - business challenges."

Mantas hosts this annual conference in additional to quarterly best practice focus groups as part of its ongoing client relationship program. These meetings and customer-driven sessions are designed to give a strong and open voice to clients, while providing a unique opportunity to share in a wealth of industry knowledge from other financial services industry leaders.

About Mantas

Mantas provides its clients with the industry's most advanced solutions for regulatory compliance, loss prevention and revenue generation. Mantas is a global software company with operations in Europe, the Americas and Asia/Pacific. Recognized as a leader in global operational transparency, the company's products are used by more than 5,000 finance professionals in more than 100 countries. Headquartered in Herndon, Va., the company has offices in London, New York, and Singapore.

For further information please visit www.mantas.com

About i-flex solutions

i-flex([R]) solutions (Reuters: IFLX.BO and IFLX.NS) is a world leader in providing IT solutions to the financial services industry, with more than 720 customers in over 120 countries. Its range of products, custom solutions and consulting services enable financial institutions to cut costs, respond rapidly to market needs, enhance customer service levels and mitigate risk. Oracle holds a majority stake in i-flex solutions. This strategic relationship provides financial institutions around the world with an unmatched, comprehensive and integrated suite of solutions.

i-flex and FLEXCUBE are registered trademarks of i-flex solutions. Reveleus, Daybreak and PrimeSourcing are trademarks of i-flex solutions and are registered in several countries. All other company and product names are trademarks of the respective companies with which they are associated.

For more information, please visit: www.iflexsolutions.com