Bangkok, September 11, 2006 – National ITMX Co. Ltd and Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) recently announced that they have entered into a strategic cross border relationship.

Both National ITMX and MEPS have agreed to an arrangement that will facilitate the cross border ATM (automated teller machine) transactions. From October 2006, both Thai and Malaysian travellers will be able to use their ATM cards at participating banks’ ATM through out Malaysia and Thailand respectively.

The agreement was signed by National ITMX Chairman, Mr. Teera Aphaiwongse and MEPS Managing Director, Dato’ Mohd Hata Robani. This strategic relationship will provide an enhanced convenience and security for ATM cardholders who travel to Thailand and Malaysia.

“We are very excited with this collaboration with MEPS. This agreement will provide convenience, for both Thais and Malaysians travelling in Malaysia and Thailand respectively, to make cash withdrawals via ATM,” said Mr. Teera Aphaiwongse.

Visitor arrival statistics recorded for 2005, show that Thailand received close to 2 million visitors from Malaysia, while Malaysia received more than 1.3 million visitors from Thailand.

“This agreement is also a great beginning for both MEPS and ITMX. The ATM cross border link will not only join our two networks physically but will also facilitate exciting new collaborations in the near future such as funds transfer via the ATMs, regional e-Debit or EFTPOS and potentially explore the use of mobile phone as a channel for payments,” said Dato’ Mohd Hata.

This cross-border ATM network is set to grow as more banks participate in this service. Malaysians will be able to use a growing network of more than 10,000 ATMs in Thailand, where they can access their funds for withdrawals. As for the Thais, they can make similar transactions at over 5,900 ATMs in MEPS Shared ATM Network.

Currently, the participating banks are Hong Leong Bank in Malaysia whilst from Thailand are Bangkok Bank, Krungthai Bank, Kasikornbank, Siam Commercial Bank, Krungsri Ayudaya Bank, TMB Bank, Siam City Bank, Bankthai Bank, United Overseas Bank in Thailand. By end of 2006, all local Malaysian banks are expected to offer this service to their customers.