The move, to facilitate the expansion of Surecomp's UK receivables management R&D team, customer support, technical support and sales teams, sees the company relocating to Basingstoke.

Located in the highly desirable Thames Valley Triangle, which in recent years has gained an enviable reputation for hosting many of the UK's leading technology and financial organizations, Surecomp's new faculty will boast a state-of-the-art environment.

Explaining the move, Lee Kingshott, General Manager of Surecomp's Receivables Management division remarked "The relocation of our UK R&D center, part of our long-term investment in the development of allFAC, comes at an incredibly exciting time for the company. With many financial institutions committing to our Java J2EE solution, we need to invest now in our infrastructure and our growing pool of professionals to maintain our enviable reputation for customer support and technical excellence."

"In addition to the relocation and the doubling of our UK team, we are also undertaking a substantial recruitment drive at our Beijing R&D center, which together with colleagues from the UK are responsible for the development of allFAC."

Surecomp selected Basingstoke, strategically situated with easy access of Heathrow and Gatwick airports, as well as the regional airports at Southampton and Bournemouth, and offering excellent motorway connections, after a intensive review because it offers a great combination of access, exceptional working environment and a regional pool of highly motivated professionals.

The relocation will take place over the weekend of Friday December 14, 2007.