Artificial Life wins European banking contract

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Hong Kong based Artificial Life, Inc. (OTC: ALIF), a leading provider of award winning intelligent agent and mobile computing technology, today announced that it has won a contract to develop a pilot application for a major European bank.

Artificial Life, Inc. has been asked to develop a pilot application under sub-contract from MBE (Mercier Business Engineering), BVBA in Brussels, Belgium, for a major Dutch bank. The application is using Artificial Life's Smart Engine(TM) and Smart Bot(TM) technology and interactive video bot technology for an Internet banking application to provide online customer support for small and medium size companies and clients of the bank.

"We are excited about this opportunity and the reviving business from Europe. Our technology is very well suited for these kind of self help/self service Internet and banking applications," said Eberhard Schoeneburg, CEO of Artificial Life, Inc.

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