SMART and Roamware Partner to Deliver a Global Mobile Money Transfer Environment

- Innovative Products and Services to Benefit International Migrant Workers

Smart Communications, Inc. (SMART), the leading wireless services provider in the Philippines announced today that it will partner with Roamware, a leading US-based roaming services provider, to create a

SMART and Roamware sealed a Memorandum of Understanding (MoU), agreeing to leverage existing network infrastructure, resources, expertise and international reach, to make Mobile Money Transfers available to mobile operators and financial institutions around the world.

SMART developed its Smart Services Hub, a global financial and telecommunications services solution, based on the proven capabilities and features of its award winning Smart Money electronic financial services

"We are pleased to combine SMART's wide network of bank and fulfillment partners with Roamware's global reach and technology to develop an alternative mobile remittance corridor that is reliable and convenient," said Orlando B. Vea, SMART Chief Wireless Services Advisor. "We are confident that our Mobile Money Transfer service will become a primary remittance channel for overseas migrant worker customers sending money to their loved ones all over the world," Vea added.

"Our relationship with SMART will enable us to further demonstrate our own vast experience in deploying innovative, secure and reliable solutions to the global mobile operator community," said Bobby

The total current volume of international monetary remittances is around US $300 billion, and is expected to triple by 2010. With over 60% of the global population in possession of mobile phones, SMART and Roamware's offering promises to benefit millions of migrant workers, who can remit money to family members and friends back home, with just a few clicks on their mobile phones. In addition, a whole host of additional financial transfer products and services will be accessible to subscribers, thereby enabling

About SMART

Smart Communications, Inc. is the Philippines' leading wireless services provider with 34.2M subscribers as of end-Sept. 2008. SMART offers world-first wireless data services - Smart Money, Smart Load, Smart

About Roamware

Roamware Inc. is the leading provider of voice and data roaming solutions that enhance the roaming experience for users in more than 130 countries worldwide. Roamware's product portfolio consists of over 30

Contacts:

Roamware

Mr Deep BASU

[email protected]

SMART

Mr J Magno

[email protected]

SOURCE: Roamware, Inc.

--Distributed by AsiaNet ( www.asianetnews.net )--

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