Press release

Valista’s Managed Payments Service Honored in ‘The Stevies’ – The International Business Awards^SM

Valista’s Operator Payment Service Named as Finalist for ‘Best New Product or Service - Telecommunications’

DUBLIN, IRELAND and SAN MATEO, Calif., USA, – July 2^nd 2007 – Valista (www.valista.com), the leading provider of merchandizing, payments, settlement solutions and managed services, accelerating the growth of digital commerce, today announced that its Managed Payments Service has been named as a finalist for a prestigious ‘Stevie’ Award (also known as the International Business Awards) for ‘Best New Product or Service – Telecommunications’.

The International Business Awards are the only global, all-encompassing business awards program honoring great performances in the workplace. Nicknamed ‘the Stevies’ from the Greek word ‘crowned’, the awards will be presented to winners at a gala dinner on September 10th at the Munich Marriott Hotel in Germany. This will mark the first time the IBA banquet will be held outside the U.S.A.

John Lowry, CEO of Valista said, “I am delighted that the company has been named as a finalist for an International Business award and we look forward to furthering our presence in global markets as we continue to grow, offering innovative managed services to customers worldwide.”

98 Stevie Award winners have been selected from more than 1,000 nominations received from companies and individuals in more than 30 countries. Companies from all over the world are eligible to compete in The International Business Awards, and can enter in any of more than 40 categories from Best Multinational Company and Best New Product to Best Corporate Social Responsibility Program and Best Executive.

“Entries to the IBAs grew 40% this year and that illustrates the increasing importance of The International Business Awards worldwide,” said Michael Gallagher, President of The Stevie Awards, presenters of the IBAs.

Notes to editors:
For more information, please contact:

Valista®
Jennifer Cakir
Marketing Manager
Tel: +353-1-276-4511
Fax: +353-1-276-4533
Email: marketing@valista.com

About Valista® Ltd.
Valista is a global leader in the provision of multi-channel merchandizing, payments and settlement solutions, accelerating and automating digital commerce. It provides a unique suite of solutions accelerating the adoption of digital content and enables the digital lifestyle by ensuring that consumers can purchase and pay for content over any channel, using any payment instrument.

Valista understands the requirements of the evolving digital content marketplace enabling increased brand awareness, customer satisfaction and incremental revenue streams for its customers. The company enables mobile, broadband and cable operators, ISPs, aggregators, media and entertainment companies to support the entire commerce ecosystem including end-to-end transaction management, multiple payment options; advanced settlement; subscriptions, bundling, discounting, promotions and loyalty programs. Valista offers a wide range of implementation options, deploying best of breed application software, assisting with analysis, design and integration or delivering a complete managed service.

Valista’s commerce solutions and managed services have been proven across the globe in real world implementations by leading innovators such as America Online, Cricket, Vodafone UK, NTT DoCoMo, France Telecom's w-HA, Orange, 3, mBlox, Hong Kong CSL and GTECH. For more information, please visit: www.valista.com

About The Stevie Awards
Hailed as “the business world’s own Oscars” by the New York Post (April 27, 2005), Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Selling Power Sales Excellence Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com

Valista, ‘accelerating commerce’, ‘new ways to purchase with multiple ways to pay’, ‘payments software enabling the purchase of premium services’, ‘Valista Plus’, PaymentsPlus’, ‘OffersPlus’, ‘SettlementPlus’ are registered trademarks and trademarks of Valista Limited. All other trademarks and registered trademarks referenced in this document are the property of their respective owners.

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