Ottawa company delivers complete mobile money solution t

Etisalat Afghanistan launches "mHawala" Mobile Financial Services
powered by Telepin Software;

Leading mobile operator delivers complete mobile money solution to Afghan consumers

Ottawa, CANADA, December 1 2011 - Telepin Software
<http://www.telepin.com/> , a leading provider of mobile money
transaction platforms, today announced that Etisalat Afghanistan has
commercially launched mHawala, its new Mobile Money Services platform.
Telepin's Cayman Transaction platform will be used by Etisalat
Afghanistan for a full mobile financial services (MFS) offering that
includes central bank cooperation, banking ecosystem participation,
utility merchant involvement, and salary disbursement, which enables
complete mobile banking capabilities and future cross-border money
transfers.

"Mobile density in Afghanistan is currently at 50 percent and is
growing rapidly. However, 95 percent of Afghan's do not have access to
banking infrastructure," said Dr. Ali Asgharzadeh, Chief Commercial
Officer-Enterprise. "This unique market cross-section creates a need
for the investment we are making in Telepin's Cayman platform.  We can
now introduce a much-needed innovative service to the market with
mHawala. We have chosen Telepin because the company is a key leader
and innovator in the mobile money marketplace."

Telepin's Cayman Transaction Platform
<http://www.telepin.com/products.shtml>  plays a key operational role
in the distribution and management of airtime, and will be extended
with subscriber wallets for MFS services.

Etisalat Afghanistan is the first mobile network operator in
Afghanistan to offer this entire range of Mobile Financial Services.
Telepin MFS products provide mobile operators the ability to deliver
robust financial services offering to their subscriber and merchant
customers. Telepin's software plugs seamlessly into existing mobile
infrastructure, leveraging the investments already made in charging
systems, replenishment systems, and value added service delivery
platforms.

"We understand transactions better than any general value-added
services infrastructure vendor and apply this knowledge to
forward-thinking operators such at Etisalat Afghanistan," said Telepin
CEO Vincent Kadar. "Etisalat is responding to the needs of its
customers, and is delivering a best-in-class mobile money solution
that will extend value to its mobile subscribers, merchant networks,
and ecosystem partners. We are pleased to deliver this innovative
solution to the Afghan market with Etisalat."


Telepin MFS solutions enable mobile operators to:

.         Differentiate and extend communications networks to
cooperate with the financial community,

*       Meet subscribers' need for convenience and desire to leverage
mobile
devices for additional capabilities, *  Address merchants' desire to
incorporate mobile commerce as a payment mechanism, and; *
Mitigate
concerns for security, privacy, and reliability.

About Etisalat Afghanistan

Etisalat Afghanistan is a subsidiary of Emirates Telecommunications
Corporation-ETISALAT, the leading telecommunications company based in
the United Arab Emirates.  It began in 1976 and has a presence in 18
countries spanning the Middle East, Africa, South Asia and now in
Afghanistan. The company acquired the fourth GSM license for
Afghanistan in May 2006 and began working in the country since October
2006.  Etisalat Afghanistan is planning to build a state of the art
network that Afghans can be proud of. For more information visit:
www.etisalat.af or www.mhawala.com .

About Telepin Software

Telepin Software is a leading provider of mobile transaction
platforms, delivering mobile operators the most efficient and
cost-effective way to control their distribution network, maximize
revenues from mobile financial services, and drive innovative mobile
financial applications. Telepin's Cayman Transaction Platform enables
a full suite of electronic, transaction-based applications for mobile
subscribers to recharge their mobile airtime without the use of
physical cards or vouchers, facilitate P2P money transfers, allow for
electronic bill payments, and more, using multiple channel interfaces.
Telepin's customer base includes tier-one operators in the Middle
East, Africa, and the Americas. For more information, visit:
<http://www.telepin.com> www.telepin.com or
<http://www.mobilemoneytransactions.com>
www.mobilemoneytransactions.com.

-30-


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Thank you,
Dave



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