Banking Software News from SIT

Portfolio Plus - Now Available in Spanish!

Toronto, Canada - January 10, 2005: Strategic Information Technology, in co-operation with Computer Distributors Inc. of Puerto Rico, are now bringing to market an exciting addition to the Portfolio Plus family of financial software products. Strategic Information Technology is proud to introduce Portfolio Translator.

Portfolio Translator is a translation interface that allows individual users to work in the language of their choice. This capability extends to local dialects and can be used with any single byte based language. This allows companies to establish financial software installations in multi-lingual domestic and international locations. Each user selects the language they wish to work in. There are no additional installations or deployments of the software thus providing a distinct competitive edge for those companies working in a multi-lingual environment. Complete maintenance tools are part of the offering. Adjustments based on local dialect or terminology can be made by the user without re-compiling or re-deploying the software.

Portfolio Translator will complement Strategic Information Technology's Office Link product which provides for the creation of Customer Letters, Forms and Statements in the Clients Language of choice.

Bruce Pausey, Manager of Projects and Extensions at SIT, and lead developer on this initiative said "This functionality was developed in such a way that the same technique can be adopted for the translation to many other languages as well, making language of choice fast and easy."

Strategic Information Technology Limited is truly excited at the international possibilities brought about by this enhanced functionality.

Angie Benetis, Director of Marketing and Sales said, "We are impressed by the technology available today, allowing for a change like this to happen from design, to proof of concept, to testing and finally to delivery in less than a year. This opens up our market tremendously."

For further information, please contact:

Patrick Lannigan
Strategic Information Technology
Telephone: 905-640-0808 x356
Email: patrickl@stratinfotech.com

For Portfolio Plus Inquiries in Puerto Rico please contact:

Computer Distributors Inc.
'An Official Distributor of Portfolio Plus'
Jose Acevedo
President
22 Gonzalez Giusti Ave.
Caparra Office Centre, Suite 202
Tel: (787) 793-3434
Fax: (787) 793-6354
Email: compdist@comdist.com