SlaterLabs Etude™ Software sets new world performance records at HP’s European Benchmarking Centre.

Benchmark conducted by a joint team from HP, Microsoft, EDS and SlaterLabs

GENEVA - 17 July 2007 - SlaterLabs Inc. today announced the results of a series of significant mission critical transaction processing benchmark tests designed to determine the performance, reliability and scalability of the Etude™ System, the first universal banking application built entirely on Microsoft’s .NET Framework.

These results have established a number of new world records for banking application software performance. Etude achieved a staggering 7,129 business transactions per second throughput over a sustained business day period without dip or failure; more than 69,000 database batches per second throughput over the same business day period; and less than .045 second response time for all transactions throughout all periods.

EDS and SlaterLabs Building Global Partnership

Partnership to cover marketing, sales and professional support services for the SlaterLabs family of Etude based offerings: Etude™, the Etude Programme™ and Etude- Virtuoso™

LONDON - 12 July 2007 - SlaterLabs Inc. and EDS, the leading global technology services company, today announced they are building a global partnership for joint marketing, sales and professional support services for The Etude Programme™ and SlaterLabs innovative, fully Internet delivered Etude-Virtuoso™ Banking System. Etude-Virtuoso™ allows customers to evaluate on-line, purchase, implement and upgrade Etude™ entirely over the internet – a major breakthrough in the sale and delivery of mission critical banking systems.

SlaterLabs responds to major market interest by launching the first Internet-based delivery and maintenance programme for banking software.

SlaterLabs announces Etude-Virtuoso™ and senior appointments in Europe & United Arab Emirates

GENEVA - 11 July 2007 - SlaterLabs Inc., today announced a number of major company milestones, directly responding to increased demand for next-generation banking software renewal and replacement solutions by introducing Etude-Virtuoso™, an innovative programme for customers to evaluate, purchase, implement and continuously upgrade their banking software entirely over the Internet.

The company is also announcing the opening of new offices in Dubai and Geneva; the appointment of two key senior management positions; and the formation of an Advisory Board in preparation of the Company’s NASDAQ Direct Public Offering (DPO) early next year.

Bank J.Van Breda & Co. Signs Agreement With SlaterLabs to Help Achieve More Flexible Core Banking

LONDON - 9 May 2007 - Bank J.Van Breda & Co Joins The Etude Programme for Core Banking Applications. SlaterLabs Inc. announces the signing of a long-term agreement with Bank J.Van Breda & Co. to join its Etude Programme - the world's first core banking application built entirely on Microsoft .NET.

Commenting on the deal, Bank Van Breda's CEO, Mr Carlo Henriksen said: "We selected SlaterLabs as our core banking system development partner after an extensive search of the market. None of the established core banking packages came close to our criteria and we see great potential in the collaborative approach pioneered by SlaterLabs. In addition, they have very talented staff and a strong track record in banking system development. The Etude Programme also offers us commercial flexibility and multiple deployment options."

SlaterLabs™ to Build Next-Generation Core Banking System Entirely on Windows Platform and Microsoft .NET

LONDON - 1 June 2006 - SlaterLabs™ Inc and Microsoft Corp today announced that SlaterLabs™ will use Microsoft® technologies to develop and deliver the first end-to-end core banking system built entirely using the Microsoft Windows® platform and Microsoft .NET. To be known as The Etude™ Programme (Etude™), the Microsoft-based core banking system will enable retail banks to replace their existing legacy or bespoke core banking platforms with a reliable and flexible system that has enhanced business functionality and can be swapped out module by module. Etude™ will also be able to be implemented with minimal risk and at significantly lower total cost of ownership.