Paladin Energy and NCS Technology’s Centric

22 October 2009

NCS Technology Inc (Canada) and its wholly owned subsidiary NCS Australia Pty Ltd are pleased to announce the selection of the Centric Mine Production Management System by Paladin Energy Ltd. for its Langer Heinrich Mine in Namibia. Centric is an enterprise solution for acquiring and centralising data related to grade control, mining physicals, conveyance, stockpiling and processing. Centric’s Web based interfaces, client-driven functionality and server-side business logic empowers both site and corporate office to instantly analyse, report and act upon Key Performance Indicators. Centric’s Production Reconciliation Engine allows the instant measure of the overall success of the mining business plan.

‘Paladin Energy is a progressive resource company who is well positioned in the energy sector. Paladin’s decision to include Centric as a component of their company’s information management strategy demonstrates clarity of vision in recognizing the importance of the digital asset. Our partnership with Paladin outlines the strength of our product and our team in Canada and Australia’ says NCS Technology’s CEO, Chris Novak.

'Paladin sees Centric as a key element in its implementation of an integrated Mining Information Reporting system, starting at the Langer Heinrich Mine, with the intention of eventually covering all Paladin operations’ – David Princep, Principal Geologist-Resources, Paladin Energy Ltd. Paladin Energy Ltd, owns and operates the Langer Heinrich Uranium Mine in Namibia and the Kayelekera Uranium Mine in Malawi. Based in Perth, Western Australia, Paladin’s portfolio of projects and holdings are positioning Paladin into a major uranium house.

NCS Technology Inc (Canada) and NCS Australia PTY are global providers of sophisticated products and services for measuring and analysing information related the execution of the mining business plan.

For additional information related to this announcement, please email or visit www.ncstechnology.com

For information on Paladin Energy and the Langer Heinrich Mine visit www.paladinresources.com.au