Luxembourg, September 10, 2013 – Τhe world's leading Compliance & Enforcement Solution of INTRASOFT International, ESKORT has been selected by the Moroccan Ministry of Finance to play a key role in the government's drive to reinforce its risk management capabilities, improve compliance and increase public revenue – a basic priority during these times of financial crisis. 

 The project in Morocco is the latest success for the ESKORT solution, adding to the recent successes in the U.S. and Lithuania, two projects of EUR 1.3 million in total value- that INTRASOFT International successfully completed for the Michigan Department of Revenue and the Lithuanian Ministry of Finance respectively. Today the long list of ESKORT projects numbers more than 40 installations in 25 countries in 5 continents.

 The ESKORT project in Morocco -with a value of EUR 0.5 million- is based on the ESKORT Risk Analysis/Selection System, which will enhance  the Moroccan Tax Department's ability to identify and select high-risk taxpayers for investigation. This will greatly support the Moroccan Government's drive to improve tax compliance and increase revenue.

 Gartner, the international IT research and advisory company, lists INTRASOFT International as one of the leading providers worldwide of Tax Compliance Solutions for Government Revenue Agencies. The ESKORT Compliance & Enforcement Solution, which has been developed and enhanced in close collaboration with a number of Revenue Authorities throughout the world, is an integrated suite of systems providing support for all main compliance processes of a Revenue Agency. Using data from the Agency's existing IT systems, as well as other relevant data, the ESKORT solution leverages the Agency's own expert business knowledge combined with advanced risk analysis methods, to identify relevant high risk targets for investigation.

 Recently, in order to better serve the diverse needs of the global markets, the ESKORT Compliance & Enforcement Solution has been expanded into new dynamic fields of application, such as in social security to strengthen the audit mechanism of benefits provision of governmental agencies and in the banking and financial sector, for risk management, anti-money laundering (AML), anti-fraud and audit purposes.

Mr. Athanasios Kotsis, CEO, INTRASOFT International commented: “Due to the global economic crisis, it is now an imperative and a basic priority for all governments globally to effectively address issues of non-compliance resulting in the loss of public revenues. The ESKORT Compliance & Enforcement Solution of INTRASOFT International is an extremely valuable tool in their hands, supporting their efforts to enhance their audit capabilities, improve compliance and increase public revenue.”

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About INTRASOFT International

INTRASOFT International is a leading European IT Solutions and Services Group with strong international presence, offering innovative and added-value solutions of the highest quality to a wide range of international and national public and private organisations. The company employs more than 1,600 highly-skilled professionals, representing over 20 different nationalities and mastering more than 18 languages. With headquarters in Luxembourg, INTRASOFT International operates through its operational branches, subsidiaries and offices in Belgium, Bulgaria, Denmark, Cyprus, Greece, Jordan, Moldova, Morocco, Romania, Palestine, the Philippines, Saudi Arabia, the UK, the USA and Yemen. More than 500 organizations in over 70 countries worldwide (Institutions and Agencies of the European Union, National Government Organizations, Public Agencies, Financial Institutions, Telecommunication Organizations, and Private Enterprises) have chosen the company's services and solutions to fulfil their business needs. INTRASOFT International is a subsidiary of the ASE-listed INTRACOM Holdings, one of the largest multinational technology groups in SE Europe, with more than 35 years of experience.

For more information, please visit: www.intrasoft-intl.com

Information for Press only

Kalliopi Chioti, Communications & Corporate Social Responsibility Manager

INTRASOFT International

Tel. +30 210 6679076, E-mail: Kalliopi.Chioti@intrasoft-intl.com