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January 11, 2008

CyberPlat is the absolute leader in terms of amounts of payments accepted from Beeline subscribers in Kazakhstan

The large cash acceptance outlets network is now at service of the mobile subscribers in Kazakhstan as a result of cooperation between KaR-Tel LLP and CyberPlat. The outlets are the most frequently visited locations — department stores, Kazpost JSC post offices, mobile phone retail stores, self-service kiosks and filling stations.

CyberPlat® payment processing system is historically the first payment processing system in Kazakhstan. The first payments for mobile communication services based on CyberPlat technologies were transacted in April 2006. Throughout the time of CyberPlat operation, the process of paying for mobile communication services in Kazakhstan has become ultimately convenient due to existence of developed infrastructure as well as promptness and ease of payment transaction. Regular payments for mobile communication services through CyberPlat, the e-payment market leader in Kazakhstan, are being transacted within the whole territory of the Republic.

It is noteworthy that successful and high quality performance of CyberPlat® payment processing system has been awarded for the second year in a row by KaR-Tel LLP which is an apparent acknowledgement of CyberPlat leading positions on the Republic of Kazakhstan payment acceptance market. CyberPlat® payment processing system collects over 10% of the total KaR-Tel LLP proceeds in Kazakhstan.

Awarding CyberPlat® payment processing system with the Certificate of Acknowledgment for the best results in terms of amounts of payments accepted is a well-deserved appreciation of CyberPlat contribution to development of mobile communication services market in Kazakhstan.

Rendering services for millions of Beeline subscribers in Kazakhstan is a great responsibility and we are glad that we have been helping our partners to successfully cope with the same during many years" — commented Andrey Gribov, President and CEO, CyberPlat.

CYBERPLAT OJSC is the leading Russian Internet company offering its services in the e-commerce segment, including payment processing and secure on-line document interchange. The company’s product is CyberPlat®, the universal multibank integrated internet-payment system — the absolute leader on the payment acceptance market. Currently the CyberPlat® cash acceptance network consists of over 100 000 points of sale, accepting cash payments for the leading telecoms service providers, pay-TV operators and various other service providers nation-wide, including Beeline, MTS, Megafon, Tele2, NTV-Plus and many others. The total estimated turnover of the system has amounted to 4.74 billion US dollars in 2007. The CyberPlat® electronic payment processing system is the member of GSM Association. BDO Unicom is the official auditor of CyberPlat.

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