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eBIZ.mobility unveils RMG™ payment gateway at Telecom Israel 2004 Exhibition

Jerusalem, Israel, 19 October, 2004
eBIZ.mobility LTD, will unveil its unique RMG™ payment gateway at the Telecom Israel 2004 exhibition http://www.telecom-israel.com 8-11 November, 2004 at the Tel Aviv Fairgrounds.

The RMG payment gateway is the leading M-commerce roaming solution for Premium Digital Content such as news, sports, videos, games, and ringtones; and Mobile Proximity Payment.

Using eBIZ.mobility's RMG payment gateway, that enables roaming between different countries as well as interworking between different mobile payment methods, mobile network operators and contactless payment service providers such as transportation authorities can establish the mobile handset as the emerging fast and secure universal payment medium for micropayments.

The RMG payment gateway is the only roaming technology that inter-works across both network centric systems for digital downloads and non-network centric systems like contactless IC cards. At the same time, it functions as a proxy within existing processes and trusted technologies to transparently effect a mobile handset-based transaction. As an objective third party platform for cross-border authentication and authorization per-transaction, the RMG payment gateway creates a level playing field for all market players to avoid having terms dictated to them by their competitors.

The Bi-Annual Telecom Israel Exhibition and Conference is the most focused effort to bring together the Israeli telecom industry with global players for the benefit of business development. The Exhibition and Conference attract visitors and delegations from all over the world.

Eric Benhamou of 3Com, Neil Ransom of Alcatel, Anthony Maher of Alvarion, and Sam Arditi of Intel, among many leading experts in the field of Telecommunication, will give plenary lectures at the TELECOM ISRAEL 2004. Other major companies like Yahoo, Nortel Systems, AOL, France Telecom, Siemens, Telia Sonera, Cisco, Cegetel SFR, Huawei, Singtel, Motorola and DoCoMo will present and participate in this event.

Israel is considered to be a leader in Information Technology and Telecommunication Technology development, and there will be special representation by Israeli start-up companies. The joining of market giants with start-up entrepreneurs promises an innovative and exciting program.

eBIZ.mobility is the developer of the patent pending M-Commerce RMG Roaming Mediation Gateway payment gateway that enables mobile network operators and service providers to increase revenue by providing a trusted real-time inter-operator solution for roaming mobile payments and premium digital content. By routing purchase requests, authentication information, and payment authorizations between networks in real-time, the RMG payment gateway provides the ability to manage risk on a per-transaction basis. As a result, service providers no longer need to turn away 40-60% commissions on digital content and up to 5% commissions on proximity payments from up to 10% of transactions (as per European Telecommunications Standards Institute roaming figures).

For more information contact:
Lisa Samin, Samin PR
Telephone: +972 (2) 671 0901
saminpr@netvision.net.il
eBIZ.mobility LTD
+972 2 999 3881
info@ebizmobility.com
http://www.ebizmobility.com

™ M-Commerce Roaming Mediation Gateway is a Trademark of eBIZ.mobility LTD.

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