EXPLORER CORPORATION HOLDINGS LIMITED - PRESS RELE
Share code : EPL
ISIN : ZAE000039970
CONCLUSION OF TECHNOLOGY AGREEMENT
The directors of Explorer Corporation Holdings Limited ("Explorer") are pleased
to announce the successful conclusion of an agreement between Explorer Financial
Services (Pty) Limited, a wholly owned subsidiary, and Protector Group Holdings
(Pty) Limited ("Protector"), a group company of Glenrand M.I.B Limited.
Under the agreement, Protector will become the first medical administration
company to make use of Explorer`s SmartCard technology for the purposes of
administration and fraud reduction in South Africa.
Protector will use the SmartCard technology for the roll-out if its Passport
loyalty programme to facilitate financial services, risk and claims management,
loyalty and membership administration and other applications.
Ends
ISSUED FOR: Explorer Corporation Holdings Limited
CONTACT : Yousef Bazian 011 784 0120
FAX NO: : 011 783 8412
E-MAIL : angelas@sxploercorp.com
ISSUED BY : TISH STEWART PR ASSOCIATES
CONTACT : Tish Stewart 011 325 4195 Cell: 082 443 6399
FAX NO : 011 325 4199
E-MAIL : Tish@tspr.co.za
DATE : 07 February 2003
Date: 07/02/2003 04:51:00 PM Produced by the JSE SENS Department
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