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August 18, 2004

Turnover of CyberPlat® universal payment system from cellular, satellite TV and provider services in the first half of 2004 reached $ 186 mln.

For reference - CyberPlat® yearly turnover in 2003 was $ 162 mln, including $ 159.3 mln from cellular, satellite TV and provider service payments.

Overall number of CyberPlat® payment outlets is growing constantly. The number of operators using the system has also grown. E.g. Instant money adding to clients' accounts is now available for Rostelecom, MGTS, MTU-Intel and DIVO TV.

In the first half of 2004 significant attention was paid to CyberPlat® development in the regions. Thus, cooperation has been established with global networks, operating on regional markets, including store networks: MIR and SPAR, Sibneft gas station network, Svyaznoy, Dixis and Euroset dealer networks, as well as with Jackpot gambling system.

Due to simple solutions and user interface, as well as high security level, CyberPlat® provides easy and fast connection of new regional dealers - says Deputy Chairman of the Board of "Platina" Bank, Executive Director of OJSC CyberPlat®.Com Vladimir Kuznetsov - "this year we have added payment outlets in Ekaterinburg, Bashkortostan, Povolzhye, Central region and a number of other regions in the Russian Federation. By the end of 2004 we are planning to provide payment receipt in all regions of Russia".

The number of online stores using CyberPlat® for payments with plastic cards of major international payment systems has also grown significantly - from 220 to 260. And the number of products and services offered by these stores has reached almost 1.5 mln.

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