(1888PressRelease)
February 20, 2008 - PHOENIX, AZ, UNITED STATES — eDominate Inc, a global provider of buying-cycle management software for financial institutions, announced today it had reached an agreement with Dar el Technologia of Bahrain to be the exclusive Middle East distributor for eDominate solutions. The new channel partnership will help bring eDominate’s lending technologies and business development solutions to banks and other financial institutions in the Persian Gulf region. Dar el Technologia will offer eDominate’s eCommerce Manager (eCM) platform, Loan Origination System Plus (LOS+), and LOS Green lending software.
Dar el Technologia will work jointly with eDominate on systems integration to targeted financial institutions. Wael Nasr, CEO of Dar el Technologia, said, “We are very pleased to have partnered with a strategic technology company like eDominate to engage the Gulf financial market. We believe that eDominate’s unique products will have great success serving the banking industry in the region.”
At eDominate, VP Global Channel Development Mike Einsel said, “eDominate is thrilled to be working with the Dar el Technologia team with their significant experience in managing complex integrations for large financial institutions. This joint venture enables us to expand our global presence and better serve our clients in this emerging financial market."
ABOUT eDOMINATE
eDominate Inc. (“eDominate”) is a global provider of buying-cycle management software for financial institutions. Banks, credit unions, and finance companies use eDominate software to extend their lending cycles into more profitable buying-cycles — leveraging greater customer service and sales opportunities to dominate their markets. eDominate uniquely supports commercial, consumer, indirect, and mortgage lending, from online marketing and origination through back-office processing, underwriting, closing, boarding, and audit. eDominate software can be delivered internationally and customized to accommodate almost any lending process. For more information, please visit www.eDominate.com.
ABOUT DAR EL TECHNOLOGIA
Dar el Technologia is specialized in telecom and Internet infrastructure projects and web technologies. Dar el Technologia is run by a team of experts from the Internet and banking industry with experiences from top companies and institutions around the world including IBM, Stanford University, and Applied Material. They have a global presence with emphasis in the Middle East, Africa, and southeast Asia, with clients including Batelco Jordan, Oman Mobile, and Qatar Telecom (Qtel). Dar el Technologia is based in Bahrain and was incorporated in 2006. For more information, please visit www.dareltech.com.
