Spark Ventures

London, 05 November 2008 – Level Four, the supplier of open standards-based ATM software,
today announced a new global partnership with Polaris Software Lab Limited (POLS.BO), a provider
of speciality application development and testing services in the banking, financial and insurance
sectors. The agreement will enable financial institutions to benefit from a complete end-to-end
outsourced testing solution, combining Level Four’s automated ATM testing application,
BRIDGE:test, with Polaris’ testing services.

Customers who deploy BRIDGE:test as part of an outsourcing strategy with Polaris can achieve an
optimal balance of cost and control as well as greater overall efficiency. Testing phases are shorter
through a greater degree of automation and tests will be executed by testing professionals with
specific ATM sector knowledge, according to a specially developed methodology by Polaris.
Capitalising on the growing global trend to outsource ATM testing, Polaris has established centres of
excellence for ATM testing in Belfast, Northern Ireland, Sydney, Australia and Toronto, Canada. As
part of the PACE testing practice within Polaris, the need for specialist domain knowledge to handle
complex ATM environments was considered essential.

Polaris has built up significant experience in application development, testing and deployment of
ATM solutions for banks across the globe. By partnering with Level Four, Polaris will be able to
service its clients with automated testing which offers faster and more accurate results, combating
the challenge of more regular systems updates and software patches that modern, Windows-based
ATMs demand.

Mr. Bikash Mathur, Partner & Head, EMEA, at Polaris said: “We see ATM testing as a huge growth
market and a significant opportunity for us. Having built up a successful testing global practice in the
financial services industry, we recognise the significant advantage that an automated testing tool
could offer our customers. A key vision at Polaris is to partner with industry pioneers and we view
Level Four as a leading player in the ATM testing market. With BRIDGE:test, Polaris’ specialist ATM
staff will be able to give existing customers an improved offering and also attract new customers
through the unique ability to combine faster deliverables with cost efficiencies.”

Ian Kerr, CEO, Level Four, said: “In the present market conditions, banks are increasingly looking to
outsource to make operational efficiencies. ATM testing is a key area in a bank’s delivery channel
strategy that can benefit from outsourcing. Under the agreement, Polaris test professionals will be
certified to execute ATM testing plans using BRIDGE:test, enabling them to gain an advantage over
their competitors by offering the benefits of automation in addition to those of outsourcing.”