Sydney – 4th February 2008:  Northern Arch has today announced the signing of The Hal Group to its list of 42™ clients. 42 is Northern Arch’s end-to-end lease management and finance system. The Hal Group will use 42 to manage and maintain the entire transaction lifecycle – from contract introduction, through end of term and asset disposal – for their complete product suite.

The Hal Group Pty Ltd conducted an extensive system selection process involving a number of global suppliers and was impressed with Northern Arch’s professional presentation, knowledge of the industry, and commitment to the needs of financiers globally.

Guy Francis-Vella, Group IT Manager at The Hal Group, said “We had a preference to deal with a global supplier, with a local presence that could assist us with a complete overhaul of our business, greater certainty and efficiency in our operations, and a supplier with whom we could build a long term relationship and be sure of support and assistance.”

“The need for better risk management and improved self-servicing capabilities, will be met by 42 through the benefit of a single database for the entire transaction lifecycle. This will result in better reporting, better analysis, greater automation of credit decisions and greater cost efficiency, while enhancing our customers’ experience. With global demands for greater efficiency and increased competition, our desire to build closer relationships with clients will be supported by 42, allowing us to have clients service themselves. 42 also supports custom origination processes, enabling us to tailor our client programs to suit specific business workflow requirements.”

Campbell Clout, Business Development Manager, Northern Arch said “HAL Group will use 42’s end-to-end capabilities, ensuring that they gain leverage from the technology advantages of a web-based, intuitive and configurable application, opening their business to global partners during the business’s expansion into new and existing markets. The Hal Group has significant projected growth plans and the team at Northern Arch look forward to assisting them to achieve these targets and their project goals during the implementation of 42.”

About The Hal Group Pty Ltd (www.halgroup.com.au)

The Hal Group is a wholly owned and independent Australian organisation, established in 1993, which comprises complementary business enterprises; Technology Leasing Limited and Hal Data Services Pty Ltd.

Technology Leasing’s expertise is providing operating lease (rental) finance solutions to diverse market segments – consumers, small businesses, corporates, specialist industries and government – across assorted equipment asset classes and industry sectors.

Hal Data Services is Australia’s largest independent reseller of new, current and end-of-life IT hardware.