Top left: Mir Nasir, Erum Azhar, Miqdad A Naseer, Abdul Rauf, Nadeem Qureshi, Mohammad Naseer Khan. Bottom left: Faiz ur Rehman, Head of IT Meezan Bank; Ghias Khan, CEO Inbox;
Ariful Islam, COO Meezan Bank Ltd; and Mr. Shoaib Khan, Country Sales Manager IBM

Karachi, February 14th 2008:

An agreement was signed between Meezan Bank and Inbox Business Technologies here on Thursday according to which Inbox will be providing complete end-to-end Technology Infrastructure Products and Services to Meezan. Meezan Bank has acquired the services of Inbox Business Technologies to provide IBM hardware and software in order to run core banking applications. Meezan previously acquired the license for a core banking application from Temenos, a Swiss-based banking software company and sought the services of Inbox as an end-to-end solution provider for deploying the hardware. Inbox will deploy IBM System x, Blade Centre, IBM System p, System Storage, Tivoli Storage Manager as well as Websphere at Meezan. Furthermore, Inbox shall provide extended support for Websphere and Tivoli Storage Manager.

Inbox Business Technologies is an end-to-end solutions company offering Technology Infrastructure, Systems Integration and Outsourcing Solutions with focus on the financial sector, medium and large enterprise, education, government & armed forces. It is a 300 people company with a nationwide sales and support network.

Meezan is the largest Islamic Bank in Pakistan with a network of over a 100 branches. Meezan Bank provides Shariah Compliant Islamic Banking Products and Services to its customers in 31 cities throughout Pakistan.