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Techno Brain Wins New Contract from Ethiopian Airlines Employees' Thrift and Credit and Cooperative Society (EALES & CCS)

12-22-2010 10:41 AM CET | IT, New Media & Software

Press release from: Techno Brain

Addis Ababa, Ethiopia: Techno Brain, a leading IT solutions provider in the East, Central and Southern Africa, announced today that it has been awarded a new contract from the Ethiopian Airlines Employees’ Thrift and Credit and Cooperative Society Ltd (EALES & CCS) for the supply & installation of a Credit Union System.

Under the contract, Techno Brain will install a credit union system comprising of various modules like Accounting Package, Loan Processing, Savings, Deposits & Shares Processing, HR Management & several other advanced functionalities to support the major functions of EALES & CCS.

Congratulating the team on this success, Manoj Shanker, CEO, Techno Brain Group, said, “This project win will reinforce our market position in Ethiopia. Globally, Techno Brain’s ability to offer cost effective solutions, coupled with a strong focus on international standards of excellence in quality and timely delivery is the hallmark of our success.” He also added, “Our business will continue to grow rapidly as we build a strong client base through successful project delivery.”

Further to this, Mekonnen Tesfaye, Country Representative, Techno Brain Ethiopia added, “Although this is the first project within cooperative employee association, this robust system can be a model for other requirements. The solution is basically a centralized, online, real-time and electronic core banking solution where members can have access to their information and get various services online via WEB, SMS, ATM, etc. & also the system will be fully integrated with the airline ERP.”

About Ethiopian Airlines Employees’ Thrift and Credit and Cooperative Society Ltd (EALES & CCS)

Ethiopian Airlines Thrift and Credit and Cooperative Society, established in 1964, is one of the largest cooperative societies in Ethiopia. As its core business the society encourages employees of Ethiopian Airlines to save a minor percentage of their monthly income as a compulsory membership contribution through its saving account services and also grants loans at a minor interest rate to all its members. Since its establishment, EALES & CCS has pioneered the activities of the cooperatives exhibiting a significant milestone.

About Techno Brain

Techno Brain, established in 1997, is a leading and Africa’s preferred IT Solutions provider. With having global presence in Africa, USA and India, Techno Brain provides industry best solutions to Governments, NGOs, large Private Organizations and several other verticals across the globe. Techno Brain’s major offerings include products like Human Resources & Payroll Management System, Project Monitoring and Evaluation System, Integrated Financial Management System, Airport Revenue Management System, Multi-modal Biometric System; and IT Solutions like e-Governance, Secure Credentials, Management Information Systems, and Point Solutions.

Visit our website for more: http://www.technobraingroup.com

"H.No. 8-2-293/82/A/796/B,
II Floor, S.V. Square,
Road No. 36, Jubilee Hills,
Hyderabad – 500003"

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