Makeena Corporation

Quadria Group Founded by Payment Industry Leaders - New Force in Payments Launches Makeena Corporation as Global Payments Solution Provider and Integrator

    Kuala Lumpur, Malaysia (ots) - Four leading figures in the payment industry today announced that they have joined forces to create the Quadria Group. Over the next several months, Quadria plans to bring together an integrated group of companies to provide turnkey payment software, integration, processing, CRM, and fraud prevention and detection solutions. Quadria's solutions and services will serve businesses across the entire payment spectrum, including global financial institutions, retailers, and payment processors.

    Led by former Oasis Technology co-founders Ashraf Dimitri and Sunny Siu, Quadria also includes former long-term Oasis principals Jorge Noguera and Tony Horrell. Together, Quadria's executives bring several decades of business and technical expertise in the payments industry, proven management capabilities, and trusted relationships with established payment industry partners. As former members of Oasis' management team, Quadria's founders were responsible for developing the foundation technology for the IST(R) brand of payment products and increasing Oasis' installed footprint in more than 70 countries. Oasis, based in Toronto, is a leading provider of payment products designed for every stage of the payment processing lifecycle, including transaction switching, authorization, interchange, clearing and settlement.

    In late 2002, Quadria launched the first of its payment companies, Makeena Corporation. A full-service solutions provider and system integrator based in Kuala Lumpur, Malaysia, Makeena delivers comprehensive solutions for end-to-end payment processing for any payment type, from any device, at any time. The company's range of solutions includes complete payment processing and management from a wide range of delivery channels, including ATM, POS, Internet and mobile. In addition, Makeena will focus on the expert integration of legacy technology with emerging payment models. This strategy is designed to keep Makeena's customers at the leading edge of payment processing standards while maximizing their return on existing technology investments.

    "With our strong track record in the payments industry, Makeena is uniquely positioned to deliver innovative, proven, and reliable payment solutions to customers around the world," said Ashraf Dimitri, president and CEO of Makeena. "Our access to open systems software that we helped to pioneer, in addition to complementary payment processing services, CRM and fraud prevention applications, gives our solutions the breadth and depth our customers need to meet all of their payment processing requirements. As a single vendor of choice with proven products and services, we are equipped to deliver the most complete integrated solution on the market."

    Makeena is Oasis Technology's registered agent in the Asia-Pacific region, and currently holds a master distributor agreement for Oasis' suite of IST payment products. Makeena currently supports 35 customers running on the Oasis platform, including ABN AMRO, China Construction Bank, FISC, IDBI, and Megalink, and is developing projects for several new customers in the region.

    In addition to Makeena, Quadria plans to selectively acquire new businesses and products that enhance the value proposition and performance of its integrated suite of payment solutions.

    About Quadria Group

    Founded by four payment industry leaders, Quadria Group brings together an integrated group of companies to provide turnkey payment software, integration, processing, CRM, and fraud prevention and detection solutions. Quadria's solution and service companies serve businesses across the entire payment spectrum, including global financial institutions, retailers, and payment processors. The Quadria Group includes Makeena Corporation.

    About Makeena Corporation

    Makeena Corporation is an innovative payment industry solutions provider and system integrator. Working directly with partners, Makeena's integrated solutions provide end-to-end processing of any type of payment, from any type of device, at any time. Makeena understands payment processing. Our expertise in business requirements, payment services and software products means we are able to provide the right components to deliver proven results for our customers. We deliver software, implementation service, integration service to existing systems, and ongoing solution support to a wide range of global customers. Our solutions are open, embracing a wide range of the best products, solutions, platforms, and technology providers. Regardless of the payment solution, Makeena delivers long-term benefits based on the value of our products and services. www.makeena.com.

ots Originaltext: Makeena Corporation
Internet: www.newsaktuell.ch

Contact:
Ashraf Dimitri
Makeena Corporation
Phone:  +1/603/2733-0909
E-Mail: ashraf.dimitri@makeena.com



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