Mobile banking project

28 January 2013

 VIPERA PLC

("VIPERA" or "THE COMPANY")

Vipera awarded mobile banking project with Italian retail bank, in conjunction with leading professional services firm

Vipera, the specialist provider of mobile financial services, today announces that it has won a mobile banking contract to provide Motif, the Company's mobile banking platform, to one of the most modern and rapidly growing retail banks in Italy. This contract has been won through a cooperation agreement between Vipera and the Italy office of a leading multinational professional services firm.

The project is based on Motif, Vipera's flexible and extensive mobile banking platform, which will allow the bank to offer its customers full access to their bank account details enabling them to make credit card and utility bill payments and to instantly transfer funds anywhere in the world. The project plan calls for a rapid roll-out with implementation in the early part of 2013 and offers the bank a path to further functionality available within the Motif suite.

This bank was one of the first to launch a mobile banking application and this switch to investing in Motif represents its second generation implementation, opting now for a fully structured platform.

Commenting on the contract win Marco Casartelli, Chief Executive of Vipera said "this contract demonstrates how Vipera continues to develop its position in the international financial services markets. We are able to deliver our highly recognised product offering to leading institutions. We look forward to assisting the bank in developing critical mobile services for its customers."

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Notes to Editors

Vipera is an international mobile commerce provider with a focus on the European and Middle Eastern markets, where it has established itself as the preferred partner of national banks and global technology businesses.

 Vipera provides software and services to banks and financial institutions to enable mobile access to personal financial services. Additionally Vipera's software enables Government and corporate entities to allow their services and consumer transactions to take place on mobile platforms.

 Vipera is ideally placed to leverage its significant success to date and seize further share of this market, buoyed by the growth of smart phones, forecast by 2013 to grow to 977 million users and in revenue from $71bn to $862 billion.

 Vipera's headquarters are in Milan and it listed on the London Stock Exchange (AIM: VIP.L). For further information, please visit www.vipera.com