Spot Systems - Press Release


		Fred Goldman Chief Executive Officer Spot Systems, Inc. 415.982.8150 x216 fredgoldman@spotsystems.com SPOT SYSTEMS PROVIDES FOREIGN EXCHANGE TRADING AND INTERNATIONAL TELLER SOLUTION TO FULTON BANK *FX products will enable the bank to expand its Foreign Exchange Offerings* May 16, 2006 San Francisco, CA - Spot Systems, Inc., a leading provider of foreign exchange and international banking solutions announced that Fulton Bank, located in Lancaster, Pennsylvania, has licensed its Foreign Exchange Trading, International Teller, and Multi-Currency General Ledger Systems. Fulton Bank operates over 82 branches throughout south central Pennsylvania. It is the largest affiliate of Fulton Financial Corporation, a $14.9 billion company headquartered in Lancaster, Pennsylvania. Fulton Bank and its affiliates provide a variety of financial services through their offices in Pennsylvania, Maryland, Delaware, New Jersey and Virginia. The Foreign Exchange Trading System is a real-time system for both the trading floor and the back office. The system produces detailed trading, position and customer outstanding reports for online viewing or printing, as well as performing all required profit and loss accounting. Capabilities also include interfaces to SWIFT, nostro accounting, general ledger and DDA systems. The International Teller System processes foreign currency teller transactions, including banknotes, travelers’ checks, drafts and wires. It produces customer receipts, SWIFT messages, accounting entries, cash drawer balancing reports, and GL and DDA entries. The Multi-Currency General Ledger System works in concert with the Foreign Exchange Trading System and International Teller System to provide full management, accounting, position reporting and control of Nostro and other foreign currency accounts. “With assets of more than $4 billion, Fulton Bank has built a strong reputation of meeting their customers' needs and in going the extra mile to best service them. Their customer orientation is further underscored with their expansion of their foreign exchange offerings”, said Fred Goldman, CEO of Spot Systems. “We are very pleased to welcome the Bank into our growing family of Spot Systems’ Clients.” About Spot Systems San Francisco-based Spot Systems, Inc. is a leading provider of innovative technology designed to facilitate foreign exchange and international banking services. For more than twenty years, Spot Systems has been providing software to the international financial community--sophisticated software that addresses the complexities of foreign exchange trading and accounting for both wholesale and retail transactions. Since the advent of electronic remote issuance, Spot Systems has also been a leader in solutions allowing customers to originate FX contracts, drafts and wires from their own offices. Products include the Foreign Exchange Trading System, a real-time system for both the trading floor and the back-office; the Multi-Currency General Ledger System; the SpotServer, which operates as the real-time request interface between the Internet-based customer and the bank's back-office trading system; the International Teller System; the International Loan/Deposit System; and the eFX Internet Trading System. For more information about Spot Systems and its products, please visit www.spotsystems.com or call 415-982-8150.

Press Releases

Fred Goldman
Chief Executive Officer
                                                                                                                                             Spot Systems, Inc.
                                                                                                                                           415.982.8150 x216
                                                                                                                   fredgoldman@spotsystems.com

SPOT SYSTEMS PROVIDES FOREIGN EXCHANGE TRADING AND

INTERNATIONAL TELLER SOLUTION TO FULTON BANK

FX products will enable the bank to expand its Foreign Exchange Offerings

May 16, 2006

San Francisco, CA - Spot Systems, Inc., a leading provider of foreign exchange and international banking solutions announced that Fulton Bank, located in Lancaster, Pennsylvania, has licensed its Foreign Exchange Trading, International Teller, and Multi-Currency General Ledger Systems.

Fulton Bank operates over 82 branches throughout south central Pennsylvania. It is the largest affiliate of Fulton Financial Corporation, a $14.9 billion company headquartered in Lancaster, Pennsylvania. Fulton Bank and its affiliates provide a variety of financial services through their offices in Pennsylvania, Maryland, Delaware, New Jersey and Virginia.

The Foreign Exchange Trading System is a real-time system for both the trading floor and the back office. The system produces detailed trading, position and customer outstanding reports for online viewing or printing, as well as performing all required profit and loss accounting. Capabilities also include interfaces to SWIFT, nostro accounting, general ledger and DDA systems.

The International Teller System processes foreign currency teller transactions, including banknotes, travelers’ checks, drafts and wires. It produces customer receipts, SWIFT messages, accounting entries, cash drawer balancing reports, and GL and DDA entries.

The Multi-Currency General Ledger System works in concert with the Foreign Exchange Trading System and International Teller System to provide full management, accounting, position reporting and control of Nostro and other foreign currency accounts.

“With assets of more than $4 billion, Fulton Bank has built a strong reputation of meeting their customers' needs and in going the extra mile to best service them. Their customer orientation is further underscored with their expansion of their foreign exchange offerings”, said Fred Goldman, CEO of Spot Systems. “We are very pleased to welcome the Bank into our growing family of Spot Systems’ Clients.”

About Spot Systems

San Francisco-based Spot Systems, Inc. is a leading provider of innovative technology designed to facilitate foreign exchange and international banking services. For more than twenty years, Spot Systems has been providing software to the international financial community--sophisticated software that addresses the complexities of foreign exchange trading and accounting for both wholesale and retail transactions. Since the advent of electronic remote issuance, Spot Systems has also been a leader in solutions allowing customers to originate FX contracts, drafts and wires from their own offices. Products include the Foreign Exchange Trading System, a real-time system for both the trading floor and the back-office; the Multi-Currency General Ledger System; the SpotServer, which operates as the real-time request interface between the Internet-based customer and the bank's back-office trading system; the International Teller System; the International Loan/Deposit System; and the eFX Internet Trading System. For more information about Spot Systems and its products, please visit www.spotsystems.com or call 415-982-8150.