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Upaid to Demonstrate m-Commerce Solution at Futurecom in Florianópolis, Brazil
 
  28th October 2002
   
Upaid Demo Will Be Performed with Brazil’s CPM and BCP Telecomunicações
   
  (SÃO PAULO and PARIS – 28 October 2002 – Futurecom) – Upaid, a pioneer of real-time software solutions for pay-as-you-use roaming, data and payment services to mobile operators, service providers and financial institutions, today announced it will be demonstrating its m-Commerce solution, Upaid™ PocketMoney, at Futurecom, to be held in Florianópolis, Brazil, 28-31 October 2002. Upaid will perform the m-Commerce demonstration with its key Latin American partner, CPM, at BCP Telecomunicaçoes’ stand.

Upaid™ PocketMoney is Upaid’s m-Commerce solution for management of small- or large-value purchases using mobile devices. Whether offered on a prepaid or postpaid basis, Upaid™ PocketMoney authorizes end-user m-Commerce transactions in real-time, while rating and controlling purchases across multiple networks, again in real-time.

Increasingly active as players in the m-Commerce value chain, financial service providers represent a key target group for Upaid’s state-of-the-art m-Commerce solution. Upaid’s modular roaming and mobile payment platform is engineered to enable financial service providers, and indeed all wireless service providers, to launch a variety of advanced services from the Upaid Solution Portfolio using the platform’s main account management engine, the Upaid™ TechnoCore, or existing 3rd party systems. The platform’s open interfaces support deployment in any environment, making it a powerful business tool for offering value-added m-Payment and roaming services to mobile end-users. Wireless service providers can choose those applications relevant to their business models and deploy Upaid solutions rapidly and cost-effectively.

About BCP TELECOMUNICAÇÕES

BCP Telecomunicações is a Brazilian mobile operator licensed to operate B Band Mobile services. BCP operates in two concession areas, obtained through a Federal Government public bidding process: Area 1 (São Paulo Metropolitan Area - code 011) and Area 10 (states of Alagoas, Pernambuco, Paraíba, Rio Grande do Norte, Ceará e Piauí).

About CPM

Founded in 1982, CPM is the leading independent IT integrator in Latin America, specializing in custom-made solutions based on client needs and in adding value to the products of the world’s major suppliers. The company’s revenue in 2001 was R$473 million, and major clients include 150 of the 500 largest companies operating in Brazil.

CPM has more than 2,000 professionals working at multiple sites in Brazil, the United States and in Argentina. Shareholders include Banco Bradesco (49%) and international investors lead by Deutsche Bank Capital Partners (51%). CPM’s competencies are Business Intelligence and Content Management, CRM and Contact Center, Infrastructure, Services, Software and Systems, and the Web.

For more information, visit www.cpm.com.br.

About Upaid

Voice went wireless, now data and money go wireless, and the mobile phone becomes the preferred multi-purpose device. Upaid paves the way for the convergence of mobile communications and financial services, through its real-time software solutions for wireless pay-as-you-use roaming and m-Payment services. Upaid enables advanced prepaid voice roaming services to real-time data transactions, multimedia communications to unified payment applications, across multiple data networks and telecom infrastructures (GSM, GPRS, CAMEL, CDMA, TDMA, 3G).

Upaid operates in Europe, Asia and Latin America and holds U.S. patent rights, pending in an additional 46 countries. Upaid™ is a trademark of Upaid Systems, Ltd.

For more information, visit www.upaid.net.




Contact:

George Candon
Coordinator – Marketing Communications
Upaid Systems SAS
Tel.: +33 (0)1 58 36 58 58
George Candon
   
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