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December 29, 2007

Cyberplat started to sell e-tickets of Aeroflot and a number of largest foreign airlines

The clients of the largest world air carriers such as Aeroflot, British Airways, Alitalia, KLM Royal Dutch Airlines, and Austrian Airlines, Air Canada, LOT, Swiss International Airlines and many other companies can now effect cash payments for the flights and optional services in the sales network of CyberPlat payment system.

Following the strategy of leadership in the electronic payments CyberPlat was the first one in the Russian payment systems market to launch the project on e-tickets payment of the Russian and world leaders in aviation market. The Russian market capacity of tickets sales exceeds $10bln a year and indicates a steady rate of growth of the air companies’ business scope. Payment for the services of air carriers is a new and a very promising trend in the business development of CyberPlat payment system, which has a considerable growth potential, comparable in its capacity to the mobile payment acceptance market.

It will be possible to pay for an e-ticket of Aeroflot Air Company, as well as of the other leaders in the air transportation within CyberPlat payment solution, using all the spectrum of the most popular communication means: cash-in terminals and automated cash registers, computers, mobile phones, as well as ATMs and POS-terminals.

Buying an electronic ticket of Aeroflot Air Company and other largest foreign air companies in the sales network of CyberPlat payment system is an additional convenience for clients, time saving when purchasing an air ticket, a possibility of full employment of the distant channels of reservations and sales, which appear to be the fastest growing segment of the world aviation market.

Unique technological solutions, long-term experience and a widest network of CyberPlat payment acceptance let the passengers of Aeroflot, British Airways, Alitalia, KLM Royal Dutch Airlines, Austrian Airlines, Air Canada, LOT, Swiss International Airlines and many other Air Companies maximally simplify the payment process for the e-tickets. In the nearest time within the project there will arise a possibility to accept payment of the other participant in the Russian market, who will definitely take the advantage of the new means of accepting payments for their services.

CyberPlat payment system highly estimates the electronic tickets market prospects and counts on the considerable growth of this sector in market of accepting payments" — observes Andrey Gribov, President and CEO of CyberPlat Company.

CYBERPLAT OJSC — the leading Russian Internet-company — provides services in the area of electronic commerce, including processing payments and secured document circulation in the online mode. The product of the company is a universal multi-banking integrated system of Internet-payments. CyberPlat is the absolute leader in the payment acceptance market. At present, the CyberPlat® cash acceptance network comprises over 100 000 outlets, accepting cash payments for the leading operators of mobile and landline communication networks, commercial television and various service providers all over the country including Beeline, MTS, MegaFon, TELE2, NTV-Plus and many others. In 2007, the expected total turnover of the system will comprise about 4 billion 700 million US dollars. Over 120 million payments are effected through the CyberPlat® payment system every month. CyberPlat® payment system is a member of the GSM World Association. BDO-Unicon is the official auditor for CyberPlat.

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