Trading Update

13 September 2012

VIPERA PLC

("VIPERA" or "THE COMPANY")

Trading update

Vipera, the specialist provider of mobile financial software services, today gives the following update:

In June 2012, the Company announced that it had signed its largest sale to date, to an Italian business outside the banking sector that was anticipated to contribute revenues of £1.5million over three years. The customer, as well as being one of the world's top 10 gaming companies, has a network of 45,000 outlets in Italy which enable members of the public to access and process a range of transaction services including payment of utility bills and money transfers. Our customer is thus well placed to make good use of our Motif mobile financial services platform.

Since this announcement considerable progress has been made in conjunction with the customer in implementing the project and we are pleased to announce that we now anticipate billing this customer some £500,000 of project revenues during the current financial year.

-Ends-

Notes to Editors

Vipera is an international mobile commerce provider with a focus on the European and Middle Eastern markets, where it has established itself as the preferred partner of national banks and global technology businesses.

Vipera provides software and services to banks and financial institutions to enable mobile access to personal financial services. Additionally Vipera's software enables Government and corporate entities to allow their services and consumer transactions to take place on mobile platforms.

Vipera is ideally placed to leverage its significant success to date and seize further share of this market, buoyed by the growth of smart phones, forecast by 2013 to grow to 977 million users and in revenue from $71bn to $862 billion.

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