01.08.2011

Vipera, the specialist provider of mobile financial services, today announces its results for the period ended 30 June 2011.

Vipera, the specialist provider of mobile financial services, today announces its results for the period ended 30 June 2011. 

Financial Overview

·     Revenues in the first six months of 2011 have been 46% higher than the outturn for the whole of 2010

Operational Highlights

·     Mobile banking contract secured with major Thai retail bank

·     Contract secured with leading UK personal loan company  

·     Continued uptake of Vipera's Motif suite of mobile financial services products with ongoing work for major financial services organisations in the Middle East. 

·     Vipera's mobilisation services gaining further traction with government departments and organisations including Dubai police and Qatar's Ministry of Interior

·     Vipera customer and partner, Qatar National Bank was awarded "best e-service solution" at the QITCOM conference 

Commenting on the results Marco Casartelli, Chief Executive of Vipera said

"The first six months of the year have seen significant progress for Vipera. We have further developed our Motif suite of mobile financial services products for financial service and government organisations. Through our partnerships with globally recognised technology companies we have successfully expanded our international presence into key geographic target markets, including Asia and the Far East, with revenues now being secured from these regions.  Our pipeline for tenders remains strong allowing us to look forward with confidence".