Monitise Regulatory News (MONI)

14 Aug 2007 16:23

Monitise PLC14 August 2007 14 August 2007 MONITISE WELCOMES ROYAL BANK OF SCOTLAND GROUP ANNOUNCEMENT MONILINK Service Builds Strong Momentum with Banks, Operators and Consumers Monitise plc (MONI.L) welcomes the announcements by Royal Bank of Scotland Groupand MONILINK, its joint venture with VocaLink, that Royal Bank of Scotland andNatWest customers will be offered mobile banking services via the MONILINKnetwork. Alongside this news, MONILINK has also announced that all customers can nowaccess their bank account information from their mobile phone handset free ofcharge until the beginning of 2008. Alastair Lukies, Chief Executive of Monitise, commented: "These announcements reflect the strong appetite from both the industry andconsumers for mobile banking services. As anticipated, we are seeing a similartrend to Internet Banking earlier this decade where consumers start using theservice, feel more in control of their finances, tell their friends and itspreads from there. We have already achieved tens of thousands of registeredcustomers, which is a real landmark for the early stages of our UK service and,coupled with the announcement by Royal Bank of Scotland Group, we feel momentumbuilding." About Monitise Monitise plc (MONI.L) is a specialist in mobile banking and payments technology.It has developed the world's first mobile banking ecosystem, which allowsconsumers to perform banking and payment transactions using a single consistentinterface regardless of their choice of mobile operator or bank. With live services in the UK, where it has delivered the MONILINK platform inpartnership with Vocalink, the company is currently working with internationalpartners to deliver similar safe, secure mobile banking services in territoriesworldwide. Partners include Metavante, Sun Microsystems, BT Global Services,HSBC, first direct, Alliance & Leicester, Royal Bank of Scotland, NatWest,Vodafone, Orange, O2, T-Mobile and Hutchison 3G. Contacts: Monitise GroupTel: 020 7868 5200Ben Evetts, Head of Communications Financial DynamicsTel: 020 7831 3113Harriet KeenHaya Chelhot This information is provided by RNS The company news service from the London Stock Exchange