Dear reader,

TransferTo will be in Rio de Janeiro, Brazil for the GSMA Mobile Money Summit from May 24th to 27th. We would be pleased to meet you there. We're taking this opportunity to announce two new deployments:

•  Zain Ghana partners with TransferTo for international airtime top-up service

• Shaka Mobile offers TransferTo international airtime transfer service to Diaspora Africans in the US

Kind regards,

Eric Barbier

CEO

Zain Ghana partners with TransferTo™ for international airtime top-up service

Accra, Ghana and Singapore, May 18, 2010 - TransferTo, the global mobile airtime transfer company, today announced that it is joining forces with Zain Ghana, a network within the Zain Group, to offer mobile recharge top-up service to its customers from partner networks abroad in five continents namely Europe, Asia, North and South America and Africa.

With this solution now in place, Ghanaians abroad on partner networks may now recharge the Zain Ghana prepaid mobile service of anyone back home, using only their mobile phone and existing services.  The transaction is processed in real-time through the TransferTo secure platform.  “The collaboration demonstrates  TransferTo continuous focus on network expansion to achieve a global airtime transfer network” said Eric Barbier Chief Executive of TransferTo.

The service will greatly benefit Ghanaian communities and international workers who maintain strong ties with their families and relatives back home.  “Although many Ghanaians send part of their earnings every month directly to the household head, they still lack an appropriate service for sending smaller amounts to the rest of their family” said Philip Sowah Zain Ghana Country Manager. TransferTo™ comes as the perfect solution for giving out airtime recharge as a gift on special occasions such as birthdays, festivals or celebrations.

About Zain
Zain is a leading telecommunications operator across the Middle East and Africa providing mobile voice and data services to 72.5 million active customers as at 31 December 2009. In terms of country footprint, Zain has a commercial presence in 23 countries.

Shaka Mobile offers TransferTo™ international airtime
transfer service to Diaspora Africans in the US

Shaka Mobile, who provides the first prepaid mobile and Mobile Money Transfer service for African immigrants in the US, has signed an agreement with TransferTo™ to launch a
cross-border top-up service.

Diaspora Africans, travelers and foreigners who are using Shaka Mobile prepaid mobile phone and Mobile Money Transfer service in the USA may now recharge the prepaid mobile phone of their relatives back home. To perform an international top-up, the sender simply needs to select by SMS or through Shaka web site the amount denomination and indicate a destination number. Transaction is processed securely and in real-time through TransferTo™ platform.  Both sender and receiver are immediately notified by SMS.

“We are glad to partner with Shaka Mobile offering innovative mobile financial services to African communities in the US market to add international top-up in its mix.  The service has demonstrated high recurrence usage, generated subscriber acquisition opportunities for our partners, and significant contribution to the bottom line.” said Eric Barbier, TransferTo™ CEO.

“International top-up is a natural fit in Shaka’s service portfolio.  Thanks to its coverage in Africa, TransferTo allows Shaka subscribers to send airtime recharges using the balance of their mobile phone or their Shaka Pay account.  The service is a great complement to our financial services such as money remittance” says Dhidha Timona, President of Shaka Mobile.

About Shaka Mobile
Shaka Mobile is the first prepaid mobile services company offering tailored voice plans and mobile money transfer to Diaspora Africans in the US.