IFS International Announces Licensing of TPII and TP-CMS Products to Pulse International

Apr 24, 2001, 01:00 ET from IFS International, Inc.

    TROY, N.Y., April 24 /PRNewswire Interactive News Release/ -- IFS
 International, Inc. (Nasdaq:   IFSH) today announced that it has licensed its
 full range of TPII and TP-CMS software modules to Pulse International, an
 Australian-based payments solutions company, in order to provide an array of
 device driving, card management and switching capabilities.
     Pulse International has, over the past 12 months, been working closely
 with IFS International to successfully install and evolve a dynamic TPII-based
 payments platform, which will provide the next generation of payment
 processing solutions.  Pulse has been focused on building solutions around the
 TPII platform, which will provide a functionally rich, customizable and cost
 effective platform that unleashes the capability of terminals and devices.
 Pulse now operates live on the TPII platform supporting a growing and diverse
 network of ATMs.
     Simon Theobald, Chairman and Chief Executive Officer of IFS International,
 said, "We saw Pulse's adoption of TPII and TP-CMS as a significant recognition
 of our products' compelling value proposition.  Furthermore, we are encouraged
 by their success and satisfaction with TPII's implementation and evolution
 over the past 12 months. Pulse International has a strong knowledge of the
 payments market and has provided IFS with a great deal of exposure and
 awareness of the operating requirements of a software solution provider in the
 Australian and Asia Pacific marketplace. We have been able to capture the
 requirements and the expertise of Pulse to build new functionality into the
 TPII system."
     Chief Information Officer for Pulse International, Greg Storey, stated,
 "We took considerable time assessing the respective merits of open
 architecture solutions available in the marketplace and are delighted with our
 choice of IFS' TPII solution, as it has proven to be extremely reliable and
 flexible throughout our initial developments.  We now see IFS as a strategic
 partner of Pulse and have been actively taking an interest in the product's
 medium- and long-term evolution. This relationship has already generated a
 number of enhancements to the core TPII product."
 
     About IFS International Holdings, Inc.
     IFS International, Inc. and Network Controls International, Inc. are
 subsidiaries of IFS International Holdings, Inc., which has headquarters in
 the USA and subsidiary offices in the USA, UK, Singapore and Australia.
     IFS International, Inc. develops, markets and supports software products
 for the EFT market.  IFS International's TPII and TP-CMS products provide
 support for ATMs, Point of Sale devices, network switches, smart cards and
 card management.  NCI, Inc. develops innovative retail delivery applications
 like NCI Business Centre(TM), which combines network centric and browser based
 technologies in "One Application" to automate all delivery channels such as
 branch teller, platform service, call center, Internet banking and customer
 relationship management.
 
     Statements in this news release that are not descriptions of historical
 facts are forward-looking statements that are subject to risks and
 uncertainties.  Words such as "expect," "intends," "believes," "plans,"
 "anticipates" and "likely" also identify forward-looking statements.  All
 forward-looking statements are based on current facts and analyses.  Actual
 results may differ materially from those currently anticipated due to a number
 of factors, including, but not limited to, history of operating losses,
 anticipated future losses, competition, future capital needs, the need for
 market acceptance, dependence upon third parties, disruption of vital
 infrastructure and intellectual property rights.  All forward-looking
 statements are made pursuant to the Private Securities Litigation Reform Act
 of 1995.  Additional information on factors that may affect the business and
 financial results of the Company can be found in filings of the Company with
 the Securities and Exchange Commission.
 
     For Additional Information, Please Contact:
     At IFS International
     Americas:  +1-518-283-7900
     Europe, Middle East and Africa: +44-1895-823626
     Asia/Pacific and Australia: +65-549-7414
     e-mail:  marketing@ifsintl.com
     Company Web site: www.ifsintl.com
     Investor relations: ifsh@madisonandwall.com
 
     At Pulse International
     Robyn Sefiani,
     Sefiani Communications Group
     +612 8920 0700
     e-mail: rsefiani@sefiani.com.au
     Web site: www.pulseintl.com.au
 
     IFS Investor/Broker Relations:
     Dodi B. Handy, President
     Madison & Wall Worldwide, Inc.
     +1-407-682-2001
     ifsh@insidewallstreet.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X02389649
 
 

SOURCE IFS International, Inc.
    TROY, N.Y., April 24 /PRNewswire Interactive News Release/ -- IFS
 International, Inc. (Nasdaq:   IFSH) today announced that it has licensed its
 full range of TPII and TP-CMS software modules to Pulse International, an
 Australian-based payments solutions company, in order to provide an array of
 device driving, card management and switching capabilities.
     Pulse International has, over the past 12 months, been working closely
 with IFS International to successfully install and evolve a dynamic TPII-based
 payments platform, which will provide the next generation of payment
 processing solutions.  Pulse has been focused on building solutions around the
 TPII platform, which will provide a functionally rich, customizable and cost
 effective platform that unleashes the capability of terminals and devices.
 Pulse now operates live on the TPII platform supporting a growing and diverse
 network of ATMs.
     Simon Theobald, Chairman and Chief Executive Officer of IFS International,
 said, "We saw Pulse's adoption of TPII and TP-CMS as a significant recognition
 of our products' compelling value proposition.  Furthermore, we are encouraged
 by their success and satisfaction with TPII's implementation and evolution
 over the past 12 months. Pulse International has a strong knowledge of the
 payments market and has provided IFS with a great deal of exposure and
 awareness of the operating requirements of a software solution provider in the
 Australian and Asia Pacific marketplace. We have been able to capture the
 requirements and the expertise of Pulse to build new functionality into the
 TPII system."
     Chief Information Officer for Pulse International, Greg Storey, stated,
 "We took considerable time assessing the respective merits of open
 architecture solutions available in the marketplace and are delighted with our
 choice of IFS' TPII solution, as it has proven to be extremely reliable and
 flexible throughout our initial developments.  We now see IFS as a strategic
 partner of Pulse and have been actively taking an interest in the product's
 medium- and long-term evolution. This relationship has already generated a
 number of enhancements to the core TPII product."
 
     About IFS International Holdings, Inc.
     IFS International, Inc. and Network Controls International, Inc. are
 subsidiaries of IFS International Holdings, Inc., which has headquarters in
 the USA and subsidiary offices in the USA, UK, Singapore and Australia.
     IFS International, Inc. develops, markets and supports software products
 for the EFT market.  IFS International's TPII and TP-CMS products provide
 support for ATMs, Point of Sale devices, network switches, smart cards and
 card management.  NCI, Inc. develops innovative retail delivery applications
 like NCI Business Centre(TM), which combines network centric and browser based
 technologies in "One Application" to automate all delivery channels such as
 branch teller, platform service, call center, Internet banking and customer
 relationship management.
 
     Statements in this news release that are not descriptions of historical
 facts are forward-looking statements that are subject to risks and
 uncertainties.  Words such as "expect," "intends," "believes," "plans,"
 "anticipates" and "likely" also identify forward-looking statements.  All
 forward-looking statements are based on current facts and analyses.  Actual
 results may differ materially from those currently anticipated due to a number
 of factors, including, but not limited to, history of operating losses,
 anticipated future losses, competition, future capital needs, the need for
 market acceptance, dependence upon third parties, disruption of vital
 infrastructure and intellectual property rights.  All forward-looking
 statements are made pursuant to the Private Securities Litigation Reform Act
 of 1995.  Additional information on factors that may affect the business and
 financial results of the Company can be found in filings of the Company with
 the Securities and Exchange Commission.
 
     For Additional Information, Please Contact:
     At IFS International
     Americas:  +1-518-283-7900
     Europe, Middle East and Africa: +44-1895-823626
     Asia/Pacific and Australia: +65-549-7414
     e-mail:  marketing@ifsintl.com
     Company Web site: www.ifsintl.com
     Investor relations: ifsh@madisonandwall.com
 
     At Pulse International
     Robyn Sefiani,
     Sefiani Communications Group
     +612 8920 0700
     e-mail: rsefiani@sefiani.com.au
     Web site: www.pulseintl.com.au
 
     IFS Investor/Broker Relations:
     Dodi B. Handy, President
     Madison & Wall Worldwide, Inc.
     +1-407-682-2001
     ifsh@insidewallstreet.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X02389649
 
 SOURCE  IFS International, Inc.