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NEW TELECOM SERVICE LAUNCED IN IRAQ

BAGHDAD, Iraq - Iraqna, the primary mobile phone operator in Baghdad and central Iraq, has launched a pre-paid service cellphone service to make a broad range of telecommunications services more accessible to the country's low-income population.
 
Iraqna launched its network last month in Baghdad, but restricted it to full subscriptions that require customers to pay a deposit of $650, far beyond the means of most in the country.
 
Orascom telecom of Egypt has a majority stake in Iraqna, one of three companies licensed to operate in Iraq. Asia Cell is covering northern Iraq and Atheer Telecom the south.
 
CALIFORNIA SOFTWARE WINS FDIC CONTRACT

IRVINE - California Software, a developer of loan production software for banks, credit unions and consumer lending institutions, has won a contract with the Federal Deposit Insurance Corporation (FDIC).

Specific terms of the contract were not disclosed, but its value has been estimated to be in the mid-six figures.

In addition to its Orange County headquarters, California Software  maintains offices in Illinois, Georgia, Virginia, Northern Ireland, France, Italy, Germany, Argentina and Singapore.

The company claims over 100,000 installations in 56 countries where its products are marketed under the brand names BABY, Unibol, INFINITE and LPS.

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