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Tharwa Investment Company Selects Marsoft Solutions

Kuwait - 25 September 2011: Tharwa Investment Company announced that it has selected Marsoft solutions which are expected to improve its productivity and provide it with information to help it make investment decisions, and enable the company to enhance its steadily expanding operations.

Making the announcement, Danny Al-Khoury, Tharwa Investment Company 's Vice President Operation said: "Our relationship with Marsoft began during the early incorporation stages of Tharwa back in 2006. We selected Marsoft because it has extensive experience of over 20 years in the field of information technology and programming; having catered for the needs of many major companies in the sectors of banking, investment, real estate and other vital sectors. So, we believe that co-operating with Marsoft will help us to continue achieving its objectives and boosting the growth of its operations."

Al-Khoury went on to indicate that Tharwa Investment Company is strengthening the operational capabilities in order to keep abreast with its competition orientations in local and global markets, hence the company opted Marsoft solutions and systems to enhance the management of its operations so ensure compatibility with the highest technical standards, as well as to improve performance, reduce costs, and allow us to allocate most of our time for more important activities.

From his end, Khaled Al-Arabi, Marsoft's General Manager, expressed his cherishment of the four-year relationship with Tharwa Investment Company ; which he considers to be one of the leading investment companies in Kuwait. "When a company undergoes developmental changes, it is important not to make its customers be negatively affected by such changes. Given that Marsoft solutions have been tested widely, we can assure Tharwa Investment Company the continued development of these solutions and we can ensure their results as well as the protection and privacy of customer data; which is one of our most important priorities," Al-Arabi explained.

"We are aware of the challenges posed by the dynamic nature of the work of funds and investment portfolios, and our products are designed to deal with them directly. Marsoft solutions are effective in terms of asset management and customer relationship management as they are ideally useful in the areas of daily follow-up through specialized reports, including portfolio financial position reports , Fund movement reports and daily market prices reports, as well as disclosure alerts among many other features," Al- Arabi concluded, stressing the importance of continuous updating of Marsoft systems in order to keep up with the regulations of Kuwait's Capital Markets Authority as well as the system of Kuwait Stock Exchange NASDAC.

-Ends-

About Marsoft
Marsoft is a leading Investment and Business Solutions company that was established in Kuwait in 2005. Reputed for developing user-friendly solutions that are able to meet the requirements of the user as soon as possible, Marsoft was the exclusive launcher of the Futures and Options solutions across the Middle East. These solutions are currently used by the Kuwait Stock Exchange. Marsoft provides other solutions for the management of stock records, management of subscriptions via the internet (e.g. the Warba Bank subscription), and management of dividend distributions. Moreover, Marsoft offers professional Investment Solutions focusing on Asset Management Consultancy in addition to Business Solutions such as Investment Analysis, Project Valuation and Feasibility Studies.

About Tharwa Investment Co.
Tharwa Investment Co. is a company specializing in the field of asset management and investment services. Tharwa Investment Co. was founded in 2006 with a paid-up capital of KWD 15 million. The company was established by the synergic efforts of a team of specialized entrepreneurs and highly experienced professionals in the investment industry. Tharwa seeks and hopes to reach a leading position in the investment sector through focusing on asset management services and offering innovative investment products that live up to its clients' aspirations as well as meet their respective goals and purposes.

For more information:
Tharwa Investment Co.
Tel : +965 22243000
Fax : +965 22243099
Mobile: +965 99680222
E-mail: news@tharwa.com

© Press Release 2011