Contract for new product

VIPERA PLC

("VIPERA" or "THE COMPANY")

Vipera - New product contract

Vipera, the specialist provider of mobile financial services, announces today that together with Codd&Date srl has executed a new banking sector project, leveraging Vipera technology.

IfItalia, a part of BNP Paribas Group, has launched a brand-new mobile service in Italy. IfiMobile enables Ifitalia customers to monitor the status of their factoring operations and receive information for managing the relationship and operability with different counterparties.

Ifitalia specializes in providing factoring products for companies in all sectors. The BNP Paribas Group company buys trade receivables from businesses, providing them with financial and administrative services and credit underwriting services. With a distinguished past, Ifitalia was the first factoring company to be established in Italy, with a history that spans nearly 50 years.

IfiMobile enables customers to:

• Check the balance of their credit lines and movements of all current accounts;

• Check the outcome of the latest transactions involving the supply of credit;

• Check the debit situation on the credit line granted;

• Check and verify functionality of outstanding via the use of the ceiling to the debtor;

• Receive notifications of credit limit revocations;

• Have control over all transactions involving the transfer of credit by viewing the return receipts.

Commenting on this contract, Vipera Chief Executive Officer Marco Casartelli said: "This has been a welcome joint effort with our new subsidiary, Codd & Date srl, and takes our Motif platform beyond applications for retail customers. This particular service is pioneering and we are seeing a lot of interest from the banking sector for this and other digital services leveraging Vipera technology."

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Notes to Editors

Vipera provides software, primarily through its Motif platform, to enable mobile access to personal financial services. Additionally, it provides consultancy and other services to banks and financial institutions,

Vipera's software enables Banks, Government and other corporate entities to allow their services and consumer transactions to take place on mobile platforms. All products within the Motif suite share market leading security models, a consumer friendly interface and support for different devices and languages.

Vipera's headquarters are in Milan and it listed on the London Stock Exchange (AIM: VIP.L). For further information, please visit www.vipera.com