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  Press Release

Mosaic Software first to market with PayPoint

* Prepay electronic top-ups enabled for UK’s 4 mobile
network operators

London, 5th November 2001 - Mosaic Software, global
electronic funds transfer (EFT) solutions for consumer-
generated software transactions announced today that its
Postilion, EFT transaction platform, has been implemented by
PayPoint, one of the first UK companies to offer instant
electronic top-ups for mobile phones.

The announcement today, extends the PayPoint Pre-Pay “top-
up” offering to all four major mobile network operators in
the UK; Vodafone, Orange, BT Cellnet and One2One. With over
8,000 locations across the UK, PayPoint is the UK’s leading
branded national network for collecting payments ‘over the
counter’. Since the introduction of pre-pay mobile phones
in the UK four years ago, the process for the consumer
topping up their accounts has improved dramatically and this
latest development gives consumers increased accessibility
to the networks.

PayPoint uses Postilion PrePay, a Windows based application,
to drive all mobile prepay transactions acquired through
their network. At the point of acquiring the transaction
Postilion PrePay communicates to the mobile network to
ensure the correct top up is allocated to the consumers
account.

Paul Woodward, Project Manager at PayPoint, comments,
“Postilion PrePay has yet again enabled us to respond
effectively to market trends and client requirements with a
solution that improves both the consumers and our agents
lives.”

“Our reputation is built around the quality of our
technology and our ability to quickly and efficiently
deliver systems for our customers. We are delighted to
know that Mosaic Software can positively impact business and
at the same time improve consumer choice,” said Stevi
Lowmass, General Manager of Mosaic Software in Europe.

-Ends-

About Mosaic Software
Mosaic Software is a leading edge provider of electronic
funds transfer (EFT) software for consumer-generated
electronic transactions, and is the market leader for web-
enabled ATM and prepay software solutions. The company is
held by strategic partners GE Equity and Comparex Holdings,
and Mosaic Software management. With offices in the UK, the
US, South Africa and Australia, Mosaic Software has a strong
global presence.

The company is firmly established in the financial services
industry and its EFT solutions drive operations in a large
number of multinational companies and industry leaders
around the globe. Clients include financial institutions,
retailers, Internet service providers, card issuers, telcos,
data processing service providers and some of the foremost
players in the emerging online industry.

Mosaic Software’s European clients include Retail Decisions
(ReD), Transaction Network Services, Royal Sun Alliance, GE,
and Ashburn UAB. International clients include American
Express and 7-Eleven.

For further information please see Mosaic Software

About PayPoint
PayPoint is the UK’s leading branded national network for
collecting payments ‘over the counter’. There are over
8,000 PayPoint outlets located in newsagents, convenience
stores, supermarkets, forecourts and off-licences across the
UK. Over 2 million customers use PayPoint regularly every
week with over £1 billion worth of payments collected each
year on behalf of over 180 major Client companies including,
BT, British Gas, London Electricity, ScottishPower,
Vodafone, Orange, BT Cellnet, One2One, NTL, and Telewest.

PayPoint information can be obtained by e-mail at
enquiries@paypoint.co.uk or by accessing the Web site at
PayPoint



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