ProgressSoft Announces Platinum Sponsorship of MMT Global 2011, Dubai

Amman, August 4, 2011

ProgressSoft, the leading provider of Real-time Payment Solutions, announces its Platinum Sponsorship of MMT Global, the world’s largest independent mobile money transfer conference, which is taking place on the 1st and 2nd of Nov 2011 at the Intercontinental Hotel - Dubai Festival City, Dubai.

MMT Global is a renowned venue where key stakeholders from across the entire Mobile Money Transfer ecosystem gather every year. Featuring 40+ top executive presentations and global case studies, MMT conference offers a platform for sharing real-life experiences of MMT practitioners and discussing challenges and opportunities of the industry.

"We are keen to continue innovating in the payments arena and are here to engage in yet another revolution in payment methods and practices. We will change the lives and livelihoods of the financially excluded and will make payment a desired experience", Expressed Mr. Michael Wakileh – CEO, ProgressSoft.

The event also embraces a private exhibition during which selected technology and service providers unravel their latest mobile money offerings. ProgressSoft will be there to present live demonstrations of its Mobile Payment offering, which includes PS-mPay, the contemporary mobile payment solution and PS-mpClear, the mobile payment switch. The solutions are designed to enable banked and unbanked customers to conduct Person2Person, Person2Business, Person2Government and Point-of-Sale (NFC) Payments, in addition to Bill Payments and International Remittances.