DUBLIN, Ireland, April 05, 2004 (PRIMEZONE) -- International Turnkey Systems (ITS) Integrates PayWare PrePay into Bahrain's Newest Mobile Telecom Operator, Enabling Secure, Multi-channel Electronic Top-upDublin, Ireland/Dallas, Texas - 5 April, 2004 - Trintech Group Plc (Nasdaq:TTPA)(Prime Standard:TTP), a leading provider of transaction management and payment infrastructure solutions, today announced that MTC-Vodafone (Bahrain), the Kingdom's newest GSM operator, has gone live with Trintech's PayWare PrePay recharge platform. The industry-leading platform was integrated by International Turnkey Solutions (ITS), Trintech's partner in the Middle East and Africa.
Trintech's PayWare PrePay will play an important role in automating MTC-Vodafone's prepaid services 'eeZee' and eeZee Xtra, ensuring a fast, cost-effective, yet secure mobile top-up. PayWare PrePay dramatically reduces the need for scratch cards and increases revenue per customer.
"Our priority as a supplier of mobile phone services in such a fast-moving market is to provide quick, reliable, flexible and yet secure services to our customers," said Khalid Muhtadi, Chief Operations Officer for Customer Care, IT and Billing at MTC-Vodafone Bahrain. "Mobile phone prepaid services are the backbone of our product offering and we are confident that Trintech and ITS have delivered a platform that enables us to provide a more efficient and cost-effective range of top-up services for our customers."
"We are very pleased that MTC-Vodafone (Bahrain), has chosen Trintech and ITS to supply proven prepaid technology," said Eamon Keating, General Manager of Trintech's Retail Division. "Our relationship with ITS has ensured that our first deployment of PayWare PrePay was successful. Our PayWare PrePay platform is ideally suited to the emerging needs of this region as it provides security, flexibility and scalability." "We believe there is a large and growing demand for the types of solutions Trintech provides in the Middle East and North Africa," said Dr. Costas Constantinidis at ITS. "We have extensive experience in the region and the industry and we look forward to a long and fruitful working relationship with Trintech."
About ITS
Incorporated in 1981, International Turnkey Systems (ITS) is a leading IT solutions provider with an established presence in the Middle East and North Africa. ITS offers innovative and total integrated solutions for industries as diverse as Banking and Finance to Telecommunications and the Retail, Government, Oil and Gas sectors to Higher Education. Committed to providing the clients with access to the best-of-breed technology, ITS chooses to partner with leading IT vendors and customize their offerings to suit the regional business requirements. With a resource pool of about 650 plus employees based across 11 offices in the Gulf region, ITS is focused on enhancing the competitive capabilities of the organizations to meet the future challenges.
About MTC-Vodafone
In 2003 MTC extended the Partner Network Agreement with Vodafone into Bahrain, and in collaboration with Bahraini investors, developed and launched the 2nd GSM service together with the leading edge technologies of third generation (3G) and EDGE in the Kingdom. MTC-Vodafone Bahrain now employs 230 people, which under their commitment to Bahrainisation puts them at the 83% level, 7% over their original declared threshold and two years ahead of the agreement with the Bahrain TRA.
Mobile Telecommunications Company (MTC) was founded in 1983 and is perhaps one of the oldest mobile service providers in the world. MTC has a reputation for pioneering new services in the Middle East and constantly seeks to forge partnerships with key global companies to bring the best products and services to the region. MTC is considered to be a very successful, customer focused and ambitious company and has aspirations that fit with the Vodafone strategy for global customer services. Vodafone is keen to provide all of its customers' access to the best services available, whether they are on their home network or roaming.
About Trintech
Trintech is a leading provider of transaction management and payment infrastructure solutions to financial institutions, payment processors, enterprise retailers and network operators globally. Built on 17 years of experience, Trintech's solutions manage each area of the payment transaction cycle from authentication, authorization, settlement, dispute resolution and reconciliation - enabling its customers to reduce transaction costs, eliminate fraud, minimize risk, maximize cashflow and increase profitability. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: +353 1 2074000), in the US at 15851 Dallas Parkway, Suite 855, Addison, TX 75001 (Tel: +1 972 701 9802), and in the UK at 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (Tel: +44 (0) 1707 827000). www.trintech.com.
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