FOR IMMEDIATE RELEASE

Peldec Decision Systems Announces Record Growth in New License Sales for the First Half of 2006

New York, NY - July 12, 2006 -- In its second consecutive year of accelerated growth, Peldec Decision Systems, a leading provider of credit risk management software solutions, today announced record growth in new license sales. Revenues attributed to the sale of new product licenses grew 96% in the first and second quarters of 2006 compared to the same period last year. The company attributes these results to the introduction of the fifth generation of its products as well as strong demand for credit risk management solutions in an effort to comply with the Basel II regulatory guidelines.

"The strength of the first two quarters of 2006 demonstrates our ability to cost-effectively deliver state-of-the-art commercial lending solutions to banks of all sizes," said Orren Peled, Founder and CEO, Peldec Decision Systems. "We are well positioned to deliver a record year, not only in terms of new license sales, but the expansion of our product suite and growth in the market."