Parkeon & Mobipay Pilot test - Pay with mobile phone in Spain

Depending on the payment amount (under or over 6 Euro), this will be either charged on the user bank card or the mobile operator's contract or pre-pay card.

Pilot test on Parkeon P&D will be held in May 2005 in Tarragona, Spain.

Even more countries can already use the Mobipay licence

Germany, Austria, Belgium, Denmark, Slovenia, Finland, France, Great Britain, Greece, Holland, Ireland, Italy, Latvia, Lithuania, Luxemburg, Morocco, Portugal, Rumania, Sweden and Switzerland already have the patent for the Mobipay service.



Very soon, we hope that in Australia, the Czech Republic, Slovakia, Honduras, the Dominican Republic, Turkey, Uruguay and Venezuela will join the long list of countries who already have the Mobipay patent fully operational, as has been requested by a further 40 more countries.

About Parkeon (website: www.parkeon.com)

Parkeon is a global leading player in the fields of on-street and off-street parking and automated mass-transit ticketing equipment and systems.

Its activities encompass the development, manufacture, installation and maintenance of equipment and systems, as well as related services, including systems management and hosting, which have leveraged a network of twelve data processing centres around the world.

Parkeon is leader of the on-street parking segment with a 58% global maket share. With an installed base of over 130,000 machines, the Company’s parking terminals are a familiar sight in over 3,000 cities across 40 countries. Its Pay & Display systems control over 3 million parking spaces around the world. Parkeon also has an installed base of 3,000 ticket vending machines for heavy and light rail, underground and multimodal transport operators.

Based in Europe (Germany, Italy, Spain, Belgium, the United Kingdom and France (where the Company is headquartered) and the United States, Parkeon employs over 830 people worldwide and generated revenues of €130 million in 2004. The Company’s R&D establishment, production line and quality control centre are in Besançon, France. Its manufacturing facility has an annual production capability of 20,000 Pay & Display units and 1,000 ticket vending machines/access control systems.

Parkeon was formed in November 2003 after the global-leading equity firm, Apax Partners, acquired the parking & ticketing division of Schlumberger. Originally established in 1970, the Company has played a significant role in the development of Pay & Display technology, in which it has over 30 years experience.

About Mobipay International (website: www.mobipay.com)

Mobipay International was founded in December 2000 with the objective of developing and promoting an international mobile payment solution. It is based on a co-operative model between mobile telephone operators and payment means issuers. MOBIPAY leverages existing payment infrastructure and international payment brands being an activator of existing and future payment products (debit, credit, pre-paid, physical and virtual cards, etc.).

At the same time it enables new transaction types opening the market to all the involved parties.

Currently, Mobipay International is jointly owned by the leader in payment format emission and the leader in mobile telephony in Spain: Banco Bilbao Vizcaya Argentaria (BBVA) and Telefónica Móviles.