Launch of new 'epXchange' point of sale solution

24 August 2011

Earthport plc

("Earthport" or the "Company")

Launch of new 'epXchange' point of sale solution and announcement of 3 new clients

Earthport plc, the global payments utility, is pleased to announce the launch of 'epXchange', a web-based point-of-sale service enabling the rapid delivery of "desk-top" payments capabilities to its clients' retail locations.

This innovative on-line offering provides immediate access for Earthport clients to a cross-border payments service, removing the time and costs normally associated with a product implementation or in-house development.

Five clients are currently live and using 'epXchange' in the Middle East, of which three are new clients. These clients include Al Fardan Exchange and Al Samhouri Exchange.

Al Fardan Exchange is one of the oldest and leading names in the UAE remittance market and has been a key player in the remittance business for more than 37 years. Established in 1993, Al Samhouri Exchange commenced operations in Amman Jordan, and is now one of the leading FX Houses in the Levant region and continues to expand across Jordan.

All five clients are now live, transacting and generating revenue.

Hank Uberoi, Executive Director of Earthport, said:

"We are seeing an increasing number of new clients realising the benefit of Earthport's payment service. The launch of 'epXchange' is another example of our continued development of innovative new products. There is interest in our point-of-sale products across the world.

"Whilst 'epXchange' has initially been deployed in the Middle East, the service can be delivered on a white label basis around the world. As we continue to evolve our core service we look forward to welcoming many more new clients."

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