Monitise Regulatory News (MONI)

10 Jul 2007 15:42

Monitise PLC10 July 2007 For further information: Ben Evetts Harriet Keen/Haya ChelhotMonitise Plc Financial Dynamics020 7868 5106 020 7831 3113ben.evetts@monitise.com 10 July, 2007 MONITISE PLC WELCOMES VODAFONE UK ANNOUCEMENT Monitise plc ("Monitise"; LSE: MONI.L) welcomes an announcement made by VodafoneUK that Vodafone UK customers will now have access to their finances, free ofcharge*, directly from Vodafone Internet On Your Mobile, over the MONILINKmobile banking network. The MONILINK mobile banking network, which is a joint venture between Monitiseplc and VocaLink, the transaction specialists behind the UK's ATM network,provides mobile banking services in the UK. The service allows customers of theUK's leading banks, including HSBC, first direct, Alliance & Leicester and, fromlater this summer, Royal Bank of Scotland, NatWest and Ulster Bank in NorthernIreland, to check their balance, request a mini-statement and even top-up theiror their friends'/family's 'pay as you talk' mobile phones. Vodafone UK customers can now register their bank or building society accountfor MONILINK mobile banking directly from the Vodafone Internet On Your Mobilehome page. Once registered, customers are able to connect to their accountusing a secure application stored on their mobile. On accessing MONILINK, thecustomer is prompted to enter a unique passcode, registered with their bank orbuilding society, before secure access is granted to their account. Al Russell, Head of Mobile Internet at Vodafone said: "With the launch ofVodafone Internet On Your Mobile we want to give customers access to all theservices they see as essential, in the palm of their hand. Banking is one ofthe most important services that our customers use and by partnering with theMONILINK network we can ensure that all of our customers are able to accesstheir bank accounts on the move, whenever they wish." The MONILINK service has been developed by Monitise, a specialist in mobilebanking technology, and VocaLink, the transaction specialists behind the UK'sATM network, processing over eight billion transactions per year including 15per cent of Europe's automated payments. Monitise is currently working withpartners across the world, including Metavante in the United States andT-Systems in Germany, to create a single mobile banking and payments ecosystemfor the global population. Alastair Lukies, CEO of MONILINK added: "The mobile phone is the world'spersonal communications device and it's only natural that consumers want to useit as the 'remote control' to essential services. Vodafone's commitment toproviding mobile banking services is a great step in ensuring that financialprovision in the UK is as convenient and accessible as possible." * Valid until the end of 2007 ENDS About Monitise Monitise plc (MONI.L) is a specialist in mobile banking technology. It hasdeveloped the world's first mobile banking ecosystem, which allows consumers toperform banking and payment transactions using a single consistent interfaceregardless of their choice of mobile operator or bank. With live services in the UK, where it has delivered the MONILINK network inpartnership with VocaLINK, the company is currently working with internationalpartners to deliver similar safe, secure mobile banking services in territoriesworldwide. Current partners include VocaLINK Interchange Network, Metavante, SunMicrosystems, BT Global Services, HSBC, first direct, Alliance & Leicester,Royal Bank of Scotland, NatWest, Vodafone, Orange, O2, T-Mobile and Hutchison3G. Monitise was recognised as a "Technology Pioneer" by the World Economic Forum in2006; 'Mobile Innovation of the Year' by The Banker Magazine in 2007 and;awarded the Innovation in Messaging award 2007 by the Mobile MessagingAssociation. About Vodafone Vodafone UK has 17.4 million customers and is part of the world's leadinginternational mobile telecommunications Group, offering a wide range of voiceand data communications. The company is committed to providing mobile solutionsthat allow both consumer and business customers to make the most of now. Inaddition, Vodafone connects customers across the globe with roaming agreementsworldwide. It provides 3G roaming in 29 countries and offers great roaming valuewith Vodafone Passport. On June 6 2007 Vodafone launched Vodafone MobileInternet. For more information, please visit www.vodafone.co.uk. This information is provided by RNS The company news service from the London Stock Exchange