July 2008 - First RS2 BankWORKS Web contract signed in Middle East

Following the successful implementation of the bankWORKS WEB release in various countries in Europe, RS2 Software p.l.c. has recently signed the first bankWORKS WEB contract with one of its existing clients in the Middle East. This contract underlines RS2's commitment to continuously upgrade its systems with new cutting edge technology, and clients' confidence in RS2's new technology developments.

June 2008 - RS2 IPO fully subscribed

RS2 Software p.l.c. is pleased to announce that it has decided to close the subscription lists immediately upon reaching the 12,500,000 shares threshold established under the Combined Offering.

June 2008 - RS2 announces oversubscription of pre-placement exercise

RS2 Software p.l.c. announces that it has successfully attracted subscriptions in excess of the threshold of 50% of the Combined Offering during the pre-placement stage.

June 2008 - RS2 signs Eur600,000 contract with New York firm

RS2 Software p.l.c. has signed a Eur600,000 contract with Transworks LLC of New York. Transworks LLC is an independent sales organisation which facilitates the card transaction process and acts as an intermediary between banks and retailers, and will be processing more than 400 million transactions per year. This falls in line with RS2's current expansion plans to further penetrate the US market and to enhance its potential for growth.

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BankWORKS is a flexible modular high-end web based payment solutions software designed to meet present and future business needs in the international payment industry. BankWORKS?, as one of the leading edge products supports all aspects of card issuing and acquiring services needed by financial organizations or retailers to operate as professional players in the card market. BankWORKS? is built on open architecture, taking full advantage of new technology and business opportunities offered by Smart Cards, e-Commerce, Internet and Mobile-Banking.

Resulting from this business approach, RS2 Software PLC's solutions are focused on a suite of product modules.