BOSTON--(BUSINESS WIRE)--Second sentence should read: ...seven percentage points from 95^th place last year into 88^th position this year (sted ...seven percentage points from 97^th place last year into 88^th position this year.)

The corrected release reads:

NORKOM RANKED AMONG WORLD’S TOP 100 FINANCIAL TECHNOLOGY PROVIDERS FOR SECOND CONSECUTIVE YEAR

Norkom Technologies, the leading provider of financial crime and compliance software solutions for global financial services institutions, today announced that continued revenue growth and an expanded global footprint has ranked it on the prestigious FinTech 100 list of top financial technology providers in the world for the second consecutive year.

Norkom’s continued revenue growth for calendar year 2008, which produced revenues of $67,200,000, moves it seven percentage points from 95^th place last year into 88^th position this year.

Currently in its sixth year, the FinTech 100 rankings is an annual international listing published by American Banker and IDC Financial Insights that recognizes the leading 100 global technology and service providers that derive more than one-third of their revenue from the financial services industry.

“Being ranked for the second consecutive year in the FinTech 100 is a significant achievement, but particularly more so given the upheaval in the financial services industry over the last year or so,” says Paul Kerley, Norkom’s CEO. “This ranking is a reflection of the great effort and commitment from the professionals at Norkom, who consistently strive to enhance our positioning in the marketplace by adding new clients, strengthening our existing clients relationships and entering new world markets to create a truly global financial crime and compliance provider.”

At a time when the financial crime and compliance industry is heavily consolidating, Norkom continues to pursue a strategy of revenue growth with profits. In its first half-yearly results for the current financial year announced just yesterday, the company reported that during the six months ended 30^th September 2009 it:

• added eight new financial institutions to its growing family of clients,
• enhanced its relationships with existing clients which accounted for 89% of total revenues
• signed its second and third new clients in the Middle East since entering that particular market only a year ago
• increased its first half-year revenue by 2% to €24.6 million.

Kerley adds, “Norkom is, and always has been, a profitable company because client satisfaction is at the heart of everything we do - from understanding the challenges facing financial organisations, to implementing market-leading solutions to help them combat increasing levels of financial crime and comply with national and international regulations, through to the delivery of excellent service and support. As a result of this, our client relationships are long-lasting with customer referenceability continuing to be a key differentiator that helps Norkom expand globally”.

About Norkom Technologies (www.norkom.com)

Norkom Technologies (AIM: NORK.L, IEX: NORK.IE) enables financial organizations to take intelligent action, control defences, and evolve strategies against fraud, money laundering, and other types of financial crime. By combining a unique investigative technology platform with deep domain expertise, Norkom has established a solid track record of reducing financial losses, protecting users’ reputations, improving operational efficiencies and lowering the cost of information technology.