Press release

Valista nominated for the 2006 World Communication Awards for ‘Best Technology Foresight’

Dublin, Ireland and San Mateo, CA, USA – July 20^th, 2006 Valista – (www.valista.com), the leading provider of merchandizing, payments and settlement solutions accelerating the growth of digital commerce, today announced that Valista has been shortlisted for a World Communication Award in the category of ‘Best Technology Foresight’. One of 9 nominees, the winner will be announced at a gala dinner in the Marriott Hotel, Grosvenor Square, in London on November 9th 2006.

The World Communication Awards recognize the companies and individuals responsible for the innovations, achievements and great new services that are helping to build tomorrows industry. They are open to all communications providers, whether they are traditional carrier, service provider, multimedia content provider or another organization providing a communication service.

According to Raomal Perera, CEO of Valista, "We are delighted to have been nominated for the World Communication Awards 2006 in such an innovative category. Recognition like this from one’s peers means so much more than other kinds of honours. ”

For more information on nominees for this year’s awards, please visit:
http://wca.totaltele.com/Custom_11396.stm

Notes:
For more information, please contact:

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

About Valista®
Valista accelerates the growth of digital commerce with comprehensive merchandizing, payments and settlement solutions. In addition to a licensed software option, Valista offers a managed service providing end-to-end payment processing, merchandizing and revenue settlement. The Valista Plus™ suite of solutions enables mobile, fixed line, cable operators, MVNOs, ISPs, portals, media companies and aggregators to support the entire commerce ecosystem including micro and macro-payments; advanced settlement; multi-merchant bundling, discounting, promotions and loyalty programs.

Valista’s technology and services has been proven globally with innovators including: AOL, Vodafone, NTT DoCoMo, France Telecom's w-HA, Orange, 3, mBlox, Hong Kong CSL, Hutch Sri Lanka, Mobilink, Telcel, and GTECH.

Valista® and ‘accelerating commerce™’ and ‘new ways to purchase with multiple ways to pay™’ ‘payments software enabling the purchase of premium services™’ ‘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.

^ back to top ^