MobilityOne Limited
10 September 2007
MobilityOne Limited
('MobilityOne' or 'the Company')
Agreement to expand ticketing services
MobilityOne Limited ('MobilityOne') is pleased to announce that its wholly-owned
subsidiary, MobilityOne Sdn Bhd ('MobilityOne Malaysia') has signed an agreement
with Strategic Benchmark Sdn Bhd ('SBSB'), whereby MobilityOne Malaysia will
provide services in relation to payment solutions for a range of products and
services distributed by SBSB, such as ticketing for specific events.
This agreement with SBSB will enable MobilityOne Malaysia to broaden its range
of products and services offered through its technology platform and to gain
access to more markets to broaden its source of revenue. Under the terms of the
contract, MobilityOne will earn an agreed commission per transaction using its
payment solution platform.
Hussian @ Rizal Bin A. Rahaman, Chief Executive Officer of MobilityOne,
commented:
'The collaboration with another established products and services provider in
Malaysia will allow us to further expand and diversify our range of products and
services available on our platform. This is our additional e-ticketing product
in addition to our existing F1 e-tickets and buses e-tickets. The agreement is
in line with our strategy of adding to the portfolio of products available using
our services which, in turn, we believe will continue to increase the usage of
our payment infrastructure throughout Malaysia and in any future geographical
markets.'
ends
For further information, please contact:
MobilityOne 020 7936 9605
Hussian @ Rizal Bin A. Rahaman, CEO
Seah Boon Chin
HB Corporate 020 7510 8600
Luke Cairns
Rachel Kane
Jim McGeever
Threadneedle Communications 020 7936 9605
Graham Herring
Josh Royton
About MobilityOne
MobilityOne is the holding company of an established group of companies
('Group') based in Malaysia in the business of providing e-commerce
infrastructure payment solutions and platforms through their proprietary
technology solutions, which are marketed under the brands MoCS(TM) and
ABOSSE(TM).
The Group has developed an end-to-end e-commerce solution which connects various
service providers across several industries such as banking, telecommunication
and transportation through multiple distribution devices such as EDC terminals,
short messaging services, Automated Teller Machine, and Internet banking.
The group's technology platform is flexible, scalable and has been designed to
facilitate cash, debit card and credit card transactions (according to the
device) from multiple devices while controlling and monitoring the distribution
of different products and services.
For more information, please refer to our website at
http://www.mobilityone.com.my
About SBSB
SBSB is a ticketing solutions provider which has a focus in the express bus
industry, theatre ticketing and other seating specific events.
This information is provided by RNS
The company news service from the London Stock Exchange
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