ViVOtech and ZAPA Technology announce partnership for Retail & Payment managed TSM services in Europe

Barcelona, Spain – February 16th 2010 -- Silicon Valley-based ViVOtech, the leading end-to-end enabler of next generation mobile payments, loyalty, and marketing solutions, announced today that Zapa Technology has been selected as ViVOtech’s preferred partner for managed Trusted Service Manager (TSM) services in Europe.

Zapa Technology has already built a significant merchant customer base in Europe offering managed services for mobile loyalty, coupons, and payments using the ViVOplatform and ViVOapps software – enabling retailers to deliver instant rewards and savings to their customers at the time of purchase.  Zapa offers a clear growth path from today’s NFC (Near Field Communication) sticker based solutions for existing phones through to future handsets with integrated NFC technology as it becomes available in the marketplace. “We are delighted to enable Zapa Technology with the full suite of ViVOtech’s end-to-end mobile commerce solution, ViVOplatform and ViVOapps, which is helping Zapa to successfully roll out one of Europe’s largest-ever mobile loyalty and payment programs to over 100,000 of its contactless Zapa Tag cardholders,” said Mohammad Khan, President & Founder of ViVOtech. “ViVOtech believes in offering easy-to-use and highly intuitive mobile software solutions for the consumer. Using ViVOtech’s mobile commerce software and patented over-the-air (OTA) provisioning platform the Zapa commercial service will enable consumers to download their loyalty or payment card or coupon to their phones when they want it – in just seconds.” Zapa’s CEO John Nagle added “Zapa Technology has focused on executing commercial NFC programs.  Having ViVOtech as a partner has enabled us to leverage a best of breed platform that Retailers, Banks and MNO’s can depend on.  ViVOtech selecting Zapa as its preferred partner to host TSM services to 3rd parties endorses our strategic focus on execution, building compelling retailer and consumer propositions.”

About ViVOtech ViVOtech (www.vivotech.com) is the leading end-to-end enabler of next generation mobile payments, loyalty, and marketing solutions. ViVOtech provides Near Field Communication (NFC) mobile payment solutions, mobile marketing and loyalty applications software, Over-The-Air (OTA) provisioning infrastructure software, NFC smart posters, and contactless terminals. ViVOtech’s products are used by most prominent retailers all over the globe; the company has shipped over 600,000 contactless and NFC payment terminals to more than 35 countries. In 2009, ViVOtech received the prestigious Frost and Sullivan North American Smart Cards Product Line Strategy of the Year Award. ViVOtech’s investors include Citi, First Data Corporation, Motorola Ventures, NCR, and Nokia Growth Partners.

About ZAPA Technology

ZAPA Technology has established itself as one of the leading providers of secure, fully-managed NFC solutions in Europe and is expanding its roll out of a retail NFC infrastructure to enable consumer NFC services today.  Clients range from an entire towns, which have implemented a community loyalty scheme to boost consumer spending in the local economy, to leading nationwide retail chains.

ZAPA Technology is headquartered in Dublin, Ireland, with operations in Ireland, Belgium and Germany and has plans to extend its operations to other territories in the near future. The Management Team includes senior personnel from the European retail and online & mobile payment and transaction processing industries, with vast experience in establishing and managing loyalty, gift, prepayment and top up solutions.

www.zapatechnology.com

For more information contact:

ViVOtech
Kristin Miller   SS|PR
ph: +1 719 634 8292
This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Nuala Buttner
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Q4 Public Relations
Tel: + 353 1 475 1444 / + 353 85 1744275