Emida Wins Contract from The Bahamas Telecommunications Company

FOOTHILL RANCH, California, 16 August 2010 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, has announced it has been contracted by The Bahamas Telecommunications Company (BTC) to provide prepaid mobile recharge services.

“We are delighted to be partnering with BTC, the premier telecommunications provider serving The Bahamas. This adds another major carrier to our significant coverage in the Caribbean. We look forward to establishing great services for BTC customers and anticipate tremendous take-up in real-time prepaid recharge” stated Dennis Andrews, Emida’s CEO.

“Emida was a clear winner of our open tender process and we are excited at the prospect of working with a regional and global market leader in prepaid recharge services,” said Marlon Johnson, BTC VP for Marketing & Sales. “We are confident this announcement will lead to better services for our customers.”

About Emida

Emida is a leader in the global prepayment and value transfer market, operating in 36 countries throughout North, Central and South America, the Extended Caribbean, Africa, Asia, Oceania, the Middle East and Europe. Emida’s POSA network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services including prepaid wireless, prepaid long distance, direct top-up, stored value cards, bill payment, mobile wallet services and more. The Emida network includes more than 46,000 retail points with an annualized dollar payment volume of $1.4B, processing more than 180 million annualized payment transactions. For more information, please visit www.emida.net, www.emidaespanol.net or email info@emida.net.

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MEDIA CONTACT:

Martyn Fricker
Emida
949-699-1401 x 1322
mfricker@emida.net