Emida Establishes UAE Office in Dubai

FOOTHILL RANCH, California, August 29, 2013 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, has established a permanent presence in Dubai.

The Emida team reached the decision to expand its presence into this market after identifying the unlimited opportunities in this region.

As a result of a new partnership, Emida has introduced its best-in-class DTU platform into the region. Emida is now supporting its channel partner with their regional plans through the delivery of its payment platform, deployed to sell top-up and other prepaid services.

“We’re proud to announce our presence in the UAE.” said Patrick Neill, VP of International Business Development. “Our presence in Dubai along with our offices in the US, Colombia and Mexico enable us to effectively deliver our services in the best way possible. We view this new office as a stepping stone to new opportunities in an exciting new region.”

Martyn Fricker, VP/GM of Sales, Marketing & International said “We’re excited about this new development in our reach. This opportunity will allow us to work hand-in-hand with our local partners, as well as maintain a strong and well-established presence in the market.”

About Emida

Emida is a leader in the global prepayment and value transfer market, operating in 37 countries throughout North, Central and South America, the Caribbean, Africa, Oceania, the Middle East and Europe. We support a network of more than 54,000 retail points with an annual dollar payment volume in excess of $1.5B, processing more than 240 million annual payment transactions.

Our network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services. Our strategy is to build profitable, robust distribution networks for many prepaid products in targeted operating geographies, and to introduce unique cross border value products between regions. Our payment processing platform provides robust revenue solutions for distributors, ISOs, retailers, carriers and service providers alike.

For more information, or to discuss business opportunities in the UAE please email pneil@emida.net.

Phone: 971 556 033 000

Media contact:

Lisbeth Cabrera Spencer

1 949-860-3559

lcabrera@emida.net