Multi-channel payments, settlement and service lifecycle management solutions,
accelerating and automating digital commerce

Press release

Valista® nominated for GSM award – Best Mobile Application Developer 2004

Industry recognition for Valista, formed following the merger of Network365 and iPIN

Valista (www.valista.com), the leading provider of payments software for electronic and mobile commerce has been short listed for the GSM Association’s 'Best Mobile Application Developer' Award 2004. This is a major endorsement by the global GSM industry of the company's payments technology – Valista PaymentsPlus™ - and their experience in optimizing the cost of growing the prepaid mobile market with Valista TopupPlus™ - which are both being used by mobile and fixed line operators, ISPs and enterprises worldwide to deliver a range of services to their customers. Key global customers include Vodafone UK, NTT DoCoMo and Taito Corporation in Japan, France Telecom’s w-HA, Orange, Wanadoo, Tiscali and T-Online in France, 3 in eight countries, Hong Kong CSL, General Motors and TODO1 in the Americas, 02 in Europe, Oskar in the Czech Republic and Celltel Lanka in Sri Lanka.

The winner of the award will be announced at the gala 2004 GSM Association Awards dinner on February 24th in Cannes at the Martinez Hotel during the 3GSM World Congress. The host for the 2004 Awards will be announced shortly. Now in their ninth year, the awards recognize excellence and innovation across the wireless communications industry and are open to companies whose products and services support the market for the GSM family of technologies. The awards programme for 2004 includes a stronger emphasis on the consumer and corporate benefits of wireless technology, in order to reflect the more widespread use of the technology.

Valista recently won two Wall Street Journal awards - the overall Gold Award for Business and the Business Finance Award 2003.

“As GSM continues to mature and grow, the versatility and expertise of players across the industry becomes ever more impressive,” said Rob Conway, CEO of the GSM Association and member of its board. “This year, as we celebrate a historic milestone of, the shortlist includes global brands alongside relatively new start-up companies – each contributing to the diversity of products and services available to the world’s one billion GSM users.”

The final round of judging took place earlier this month. An international panel of telecommunications industry specialists debated the merits of the entries. There are six categories for which awards will be presented including, Technology Innovation, Applications & Services, Marketing & Promotion, Mobile in the Community Awards, GSM Association Roll of Honour as well The GSM Association's Chairman's Award. Most of the six main categories have sub-categories and in all 28 separate companies were named as possible winners of awards.

Valista finds itself standing with an impressive mix of multinationals and blue chip candidates such as Vodafone, Omnitel, T-Mobile, Virgin Mobile, Sony Ericsson, O2 and StarHub. Network365 (now Valista, following the merger with iPIN) won the Best Wireless Application Developer Award at the GSM Association Awards 2002.

For more information, please contact:

Valista®
Evanna Kearins
Director, Marketing.
Email: marketing@valista.com

About Valista.
Network365 Ltd., trading as Valista recently announced a planned merger with iPIN. Valista, the emerging combined entity will be a global company with offices in the US, Europe, Asia, Japan and Latin America. The combined subscriber base with access to the Valista product suite exceeds 150 million users with over 1000 merchants utilizing the company’s merchant integration technology. As a result, Valista emerges as the leading provider of payments software for electronic and mobile commerce.

Key customers include:
Vodafone UK, NTT DoCoMo, France Telecom's w-HA, Orange and Wanadoo, 3 in eight countries, General Motors, Hong Kong CSL, Tiscali in France, T-Online France, Taito Corporation in Japan, TODO1 in the Americas, O₂ in Europe, Oskar in the Czech Republic, and Celltel Lanka in Sri Lanka.

Key partners include:
Accenture, Capgemini Ernst and Young, Convergys, Ericsson, Gemplus, HP and IBM. Valista is also an active member of the Mobile Payment Forum.

Valista is also working closely with a number of the Simpay founder organisations.

Products & Technology
Valista’s technology has been proven in real world implementations by leading service providers and corporations across four continents. Valista enables wireless and fixed line operators, ISPs, financial services institutions and enterprises to create new relationships with customers by facilitating the purchase and delivery of digital content, goods and services in a secure and convenient way. Enterprises benefit from higher revenue streams, increased loyalty and reduced costs. Valista’s products support the entire commerce ecosystem and cover the end-to-end business processes including multi-channel ordering, authentication, payment, settlement, service delivery, and post-purchase care.

Valista’s product portfolio includes multi-channel top-up, micro and macro payments, service delivery, user profile management and cash replacement. All Valista products support multiple access channels and payment models, allowing consumers to transact wherever they are, however they pay.

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