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Upaid and CPM Form Strategic Alliance
  6th February 2002
New Partnership to Focus on m-Commerce and Prepaid Roaming Markets in Latin America
  (PARIS and SÃO PAULO – February 5, 2002) – Upaid, a pioneer of real-time software solutions for next-generation pay-as-you-use voice, data and payment services to mobile operators, service providers and financial institutions, and CPM, a leader in the independent integration of information technology offering infrastructure, business intelligence, systems, professional services, CRM/Contact Center and web technologies, announce the signing of a Strategic Alliance. Under the terms of the new Alliance, CPM will serve as one of Upaid’s marketing and sales partners in Latin America, offering pre-sales, integration, support and customization services to new Upaid customers. The partnership will enable Upaid and CPM to pool resources to market and sell Upaid software solutions, including Upaid’s m-Commerce, prepaid roaming and prepaid account recharge solutions (Upaid™ PocketMoney and Upaid™ OnTheMove, Upaid™ GateWay) to mobile operators and financial services organizations across Latin America.

Eliseo Breda, Systems Director of CPM, stated: "As a systems integrator and full service provider, we need to find partners that increase our solution offerings and bring value to our customers. Because of the company’s very strong position as a player in the telecom and payments solution markets and its industry-unique prepaid roaming and m-Commerce solutions, Upaid fits perfectly with our strategy.”

Luiz Wolf, Managing Director of Upaid Brasil, commented: “We are looking forward to working with CPM, whose reputation as an international systems integration company is unrivaled in Latin America and beyond. CPM will be invaluable in making Upaid™ OnTheMove and Upaid™ PocketMoney the standard for enabling real-time authorized prepaid roaming and m-Commerce across Latin America.”

Upaid’s real-time rating and settlement management solutions were engineered for markets like Latin America, typically characterized by a high percentage of prepaid wireless end-users and a solid, world-class electronic banking infrastructure. Upaid has pioneered multiple software solutions that interact with the Upaidä TechnoCore, a convergent platform that authorizes, rates and manages the settlement of multiple transactions, in multiple currencies, across multiple networks in real-time.

Upaid and CPM will begin targeting wireless operators, banks and service providers in Brazil and then expand into Argentina, Chile and other countries in Latin America.

About CPM

Founded in 1982, CPM is a leader in the independent integration of technology in Latin America, specializing in custom-made solutions based on client needs and also in adding value to the products of the world’s major suppliers. The company’s revenue in 2001 was R$ 473 millions and major clients are 200 of the 500 largest companies operating in Brazil.

CPM has more than 2,500 professionals working at multiple sites in Brazil, the United States and in Argentina. The shareholders include Bradesco Bank (49%) and international investors lead by Deutsche Bank Capital Partners (51%). CPM’s competencies are Business Information Systems, Customer Relationship Management and Contact Center, Technological Infrastructure Integration, Systems Integration and Development, Professional Services and Web Technologies. For more information, visit www.cpm.com.br.

About Upaid

Upaid is a leading-edge communications software company providing state-of-the-art real-time software solutions for advanced mobile pay-as-you-use services. The company pioneered and continues to innovate a mobile application platform and software technology for prepaid and real-time-authorized voice and data communications, information, entertainment, commerce and payment services. Upaid’s software engine, the Upaid™ TechnoCore, is 2G/2.5G-based, engineered for 3G evolution and builds the foundation for next-generation pay-as-you-use services.

Upaid enables from simple prepaid voice telephony to advanced prepaid roaming services, from real-time authorized data communications to m-wallet applications. The company’s market making is focused on GSM, GPRS, CDMA, TDMA & next-generation mobile operators, wireless service providers, carrier settlement & clearing houses, financial service providers and bank-telco ventures. Upaid’s Solution Portfolio enables wireless service providers of any type to expand prepaid & real-time authorized service portfolios in order to satisfy the increasing service demand of sophisticated mobile end-users.

The company has operations and authorized agents in Europe, India, the Americas, the Middle East and Asia. Upaid™ is a trademark of Upaid Systems, Ltd. For more information, visit www.upaid.net.


Mary Carol Harris
VP, Corporate Communications
Upaid Systems, Ltd.
Tel.: +33 (0)1 58 36 58 58
Mary Carol Harris

Luiz Wolf
Managing Director
Upaid Brasil, Ltda.
Tel.: +55 11 5908 5677
Luiz Wolf

Eliseo Breda
Systems Director
Tel.: +55 11 3908 8345
Eliseo Breda

Fernando Gemi
Product Manager
Tel.: +55 11 3908 8365
Fernando Gemi

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