Malaysia On Line to Offer World’s First Secure SMS-Based Payments to Mobile Customers

London - 7 November 2007

Broca, the provider of secure advanced messaging technologies, announces today that reseller, Infinite Solutions Limited (ISL), has signed an agreement with Malaysia On Line (MOL) to provide the world’s first secure SMS-based financial transactions to MOL’s customers.

Under the agreement, Broca’s SAMS will be incorporated into Zone, MOL’s mobile portal created by ISL. MOL’s mobile customers will then be able to pay for mobile content through Zone, using MOL’s top up credit card, the Freedom MasterCard. Customers will be able to top up mobile phones, transfer funds in Peer-to-Peer (P2P) transactions, pay for online gaming and video streaming, as well as receive SMS alerts and access MOL’s instant messenger service, ‘Zone Messenger’. Ticketing functionality will also be added next year for GSC Cinemas in Malaysia.

All transactions will be based on Broca’s Secure Advanced Messaging Service (SAMS), which uses patented cyclical encryption technology to ensure that no personal details or financial information can be taken off the handset or intercepted over the air. SAMS is also handset and network independent, ensuring maximum usability.

Ian Price, Managing Director of Broca, commented: “The new agreement for secure credit card transactions with ISL and MOL is the latest endorsement of our unique messaging service, which will facilitate m-commerce in the region. Partnerships such as these will prove invaluable in establishing SAMS as an industry standard.”

Ganesh Kumar Bangah, CEO of MOL, said: “We are extremely confident that this partnership will certainly establish a long-term, mutually beneficial partnership between MOL and Infinite Solutions using Broca’s underlying technology. This forms the basis of MOL’s expansion plans into mobile as well as other countries with its Freedom Card, as well as providing a one stop mobile access point through the MOL Zone, to all of the MOL services benefiting its customers.”

Duncan Ward, CEO of ISL, commented: “We are very excited by the prospect of working closely with MOL who are a progressive company that has concrete expansion plans within Asia and beyond. This new relationship gives us a great partnership to expose the true benefits of this new and leading edge technology. Mobile technologies and social lifestyles adapted via the mobile are becoming the ‘Must Have’s’ for the consumer and this technology does exactly what is needed and what has been long awaited for from the mobile industry.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development