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November 24, 2006

CyberPlat® accepts payments for AutoLocator security alarm and search system services

Clients of the Megapage Company can now use the CyberPlat® electronic payment system.

The Megapage Company welcomes the opportunity to offer new service payment opportunities to its clients.

On November 14, 2006, CyberPlat® - the leading Russian payment system - began accepting subscriber payments for the services of the AutoLocator satellite and radio anti-theft alarm system, as well as Internet location. Successful test payments, executed through ION Digital Center, manifested the efficiency and accessibility of this type of financial settlements.

Currently, 44 ION outlets including those situated in Moscow's largest trading centers - GUM, Ashan, Red Whale, Gorbushkin Dvor - are prepared for payment acceptance from AutoLocator's clients. To execute payments, the users of the AutoLocator security alarm and search system only need to know their registration ID. The safety of transactions is guaranteed by the utilization of the parties' digital signatures.

Elena Averianov, Megapage Finance Director, commented on the event: "The Company will continue improving its customer services. Soon, we will begin accepting payments in cellular phone stores - DIXIS, Svyaznoy, Euroset - and at BP petrol stations."

The Executive Director of CYBERPLAT.COM, Vladimir Kuznetsov, remarked: "Now, clients can make payments not only for mobile and wire-line communication, digital television and the Internet, housing and communal services, but for anti-theft alarm systems as well. CyberPlat® continues expanding its product line and assortment of services, perfecting its operation in its constant pursuit of meeting the highest contemporary market standards."

At present, the service is available only to Moscow and the region residents; but in the nearest future, citizens of all Russian territories will be able to take advantage of the CyberPlat® system for paying AutoLocator subscriber fees. The unique AutoLocator security alarm and search systems operate throughout the whole territory of Russia, CIS, the Baltic states, and Europe.

Company Information:

Megapage is a distributor possessing all rights for the implementation and commercial use of bilateral wireless communication in the GPS/GSM object positioning technology. Megapage is one of the first companies which pioneered the market place new to Russia - providing professional security alarm and search services, using high-tech satellite and radio search systems, to the owners of prestigious automobiles. In 2000, Megapage registered the AutoLocator trade mark and offered, under it, the last generation security search systems. Presently, Megapage, collaborates with over 50 leading insurance companies: Alfa Insurance, Rosgosstrakh, ROSNO, RESO-Garantia, NASTA, Ingosstrakh, etc. The equipment can be installed in one of the car service centers, among which there are dealers of the world leading car producers. The regions of Russia have been witnessing the company's active development work: the AutoLocator dealer centers are established and successfully operate in Saint-Petersburg, Novosibirsk, Smolensk, Perm, Novorossiysk, Magnitogorsk, and many other prominent cities.

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