“LSOFT” was founded in 1995 and is one of the leading companies in the field of software in Armenia. The company is specialized in the application development, integration and support in banking and financial industry. The company developed and integrated banking systems for the Central Bank and large banks of the RA, credit organizations, and pawn-shops as well as for the Ministry of Finance, Treasury of RA and NKR. For system development is used the following tools and programming languages: Builder C++, Visual C++, ColdFusion, HTML, PHP, ASP, Java and DBMS ORACLE, MS SQL Server and MySQL. Lsoft is official business-partner of Oracle in Armenia. Programs are written on Oracle database.