world data transactions

WDT | p22

2010 | All rights reserved | Confidential

2010Company Brochure

WDT | p1


WDT IS THE WORLD’S FIRST SUPPLIER OF TURNKEY, END-TO-END, MOBILE MICRO FINANCIAL SERVICES FOR FINANCIAL INSTITUTIONS AND SERVICE PROVIDERS OF ANY KIND

• M.net Ecosystem, WDT’s open and flexible ecosystem, integrates a robust, state-of-the-art, core banking platform, a financial and telecom transactional network and a next-generation, multi-platform, mobile development environment, enabling financial institutions, mobile operators, retailers and other service providers to deliver on-demand mobile remittance, mobile banking, mobile payments and mobile commerce services to its end-users

• In addition, WDT can provide its clients access to regulated Micro Financial Institutions and/or banks in countries where regulated deposit accounts are mandated

• WDT is a Washington D.C. based company, with offices in Buenos Aires, Argentina and in La Paz, Bolivia, founded in 2009 by Oscar Bazoberry, World Data Ventures’ Chairman

WDT | p2


THE COMPANY HAS SET ITSELF AMBITIOUS OBJECTIVES

Create the world’s most comprehensive and profitable mobile micro-financial ecosystem to help financial institutions, mobile operators and service providers develop and deliver end-to-end mobile financial services on an international basis, connecting the bottom-end segments of the income pyramid to a broader economic life

Integrate top-notch micro financial industry players from around the globe to its robust and open Ecosystem to enable service providers of any kind – including financial institutions – to create, manage and operate a large array of turnkey, state-of-the-art, mobile micro-financial services in a fast, easy, flexible and efficient way, maintaining the industry’s highest security standards

Vision

Mission

WDT | p3


WDT’S M.NET ECOSYSTEM TAKES FULL ADVANTAGE OF CONVERGENCE BETWEEN FINANCIAL SERVICES AND WIDESPREAD MOBILE ACCESS TO HELP SERVICE PROVIDERS “BANK THE UNBANKABLE”

* Consultative Group Assisting Poor

Financial institutions, mobile operators, retailers and large service providers have the potential to deliver mobile micro financial services to the bottom end segments of the income pyramid

The provision of these services not only opens new and profitable revenue sources for the above mentioned companies, but also can be a critical stepping stone in connecting these citizens to a broader economic life

In spite of the growth of financial services’ delivery to the poor in the last decade, CGAP’s* experts estimate that nearly three billion poor people around the world lack access to the basic financial services essential for them to manage their precarious lives

At the same time, it is expected that a large portion of these people will gain access to a mobile phone by 2013

WDT | p4


M.NET ENABLES FINANCIAL INSTITUTIONS, MOBILE OPERATORS, RETAILERS AND LARGE SERVICE PROVIDERS TO DELIVER ON-DEMAND MOBILE FINANCIAL SERVICES TO ITS END-USERS

WDT | p5


M.net Remittance enables both service providers (SPs) and financial institutions (FIs) to create, manage and operate a host of remittance products for their customers to access through integrated mobile solutions.

Main SP features: End-users’ main features:Origination and/or termination • remittancesMulti-currency support• Foreign exchange (FX) capability • Totally configurable system, easily • parameterized by non-technical users, suiting specific clients and end-users’ needsInteraction with international correspondents • and partnersCommission management at a national and • international levelMultiple charges for money transfers and • foreign exchange managementPromotion strategies• Deferred payments• Daily execution of clearing between payment • orders and paid orders, and of settlements between party bank accountsSupport for the next generation of ATMs•

Simple registration with debit card • delivery“Always available” account • information (balance, remittance history, details)Remittance tracking • SMS alerts and notifications•

WDT | p6


M.net Bank enables service providers (SPs) and financial institutions (FIs) alike to create, manage and operate a diversity of micro finan-cial products and deliver them to their clients through integrated mobile solutions

Main SP features: End-users’ main features:Totally customizable system, easily • parameterized by non-technicalEasy and flexible integration with clients’ core • systems or online/home banking platformsAvailability of high productivity tools such • as Credit Flow Definition, Loan Simulator, Portfolio Management, Credit Administration, Savings & Deposits Management, Treasury Management Module, etc.Quick creation of new financial products “on • the fly”, employing smart templatesFully auditable system for complete business • management controlMulti-currency management, including non-• monetary units (e.g. prepaid mobile credit minutes)Powerful credit scoring engine• Integration with 3rd party bill payment, • fund transfer and remittances, financial, location and content services as well as credit bureaus

Account information (balance, • transaction history, details)Transaction search with various • filtersBill payment• Fund transfer• Access to Visa and MasterCard • networkATM & Branch or POS locator• SMS alerts• Automated customer service•

WDT | p7


M.net Wallet is a cutting-edge, all-embracing mobile payments solution for financial institutions (FIs) and service providers (SPs) to enable their end-users, banked and unbanked, to perform payments, purchases, credit top-up and other services

M.net Wallet is built upon TX.net, WDT’s transaction network, which integrates the mobile end-user solutions with financial institutions, mobile network operators, payment and credit card processors, retailers and merchantsTX.net powerful platform can handle millions of transactions per day, meeting the highest concurrent processing demandsBy deploying M.net Wallet solution, SPs can access local and international issuing and acquiring processors, agent networks and regulated accounts

End-users’ main features:

Account information (balance, • transaction history, details)Transaction search with various • filtersBill payment• National and international • remittances (in currency or gift cards)P2P or associated debit card • merchant purchases

Prepaid credit reload and mobile-to-• mobile top-upSMS alerts• Management of frequent buyer loyalty • programsAdministration of retailers mobile • coupons and gift cardsPurchase of mobile tickets for events, • movies and theatresBrowse location and mapping of stores • and retailers using different filters

WDT | p8


M.net Store enables retailers and stores to boost revenues by mobilizing their businesses, adding new products and services to their portfolio, accepting mobile payments and increasing customer purchase frequency and amount

The solution allows retailers to create, manage and operate the following services with the security of non-cash handling:

Accept P2P mobile payments• Accept debit or credit card payments utilizing a POS • mobile payment processorRe-sale mobile financial, telecom and other digital • services (e.g. prepaid mobile credit, bill payment, virtual accounts’ cash-in/cash-out, micro-loans, gift cards, etc.)Launch a mobile store for apps and digital goods• Issuing of mobile coupons marketing campaigns• Queue management with mobile ordering and paying • aheadLaunch and manage customer loyalty programs•

WDT | p9


THE M.NET ECOSYSTEM EMBODIES THREE CONSTITUENT PLATFORMS…

Specialized, robust, • core banking platform serving as the Ecosystem’s back-office

Developed by WDT in association with Microsoft, this platform not only meets all • micro finance industry’s requirements but has also been extensively tested by Innova (a World Data Ventures’ company) in several MFIs in the US and in Latin America

Next-generation, • multi-platform, mobile development environment providing end-users access to M.net’s services through text messages, mobile web and applications

APPS.net provides the Ecosystem’s clients with • totally customizable, standard, end-user mobile solutions and with a powerful rapid application development tool for them to create their own mobile solutions

APPS.net is a • fully open environment decoupled from the core banking platform, enabling a fast and easy integration with third parties’ mobile environments

• Financial and telecom transactional network delivering payment and telecom switching capabilities to the Ecosystem

• This state-of-the-art switching fabric supports financial instruments such as debit cards (co-endorsed by VISA and/or MasterCard), merchant POS services, ATM networks, agent loading networks, as well as different delivery protocols such as SMS, USSD and GPRS

WDT | p10


AND HAS THE ABILITY TO INTEGRATE HUNDREDS OF STRATEGIC PARTNERS AND ASSOCIATE COMPANIES FOR MAXIMIZING THE POTENTIAL FOR JOINT VALUE CREATION

Mobile Micro Financial Ecosystem Augmented Ecosystem

On Premise Deployment or Secure Link

End User

Payment Processors

Retailers

Point-of-sales Networks

Content Providers

FIs & Financial Service Providers

Mobile Operators& Gateways

Mobile DevelopmentEnvironment

Secure Wireless Link

Banking Payments MicroLoans

Shopping& Top-ups

P2P LBSCredit / Debit

Coupons& Tickets

Gift CardsLoyaltyAlerts

Remittances

Back-OfficeDevelopmentEnvironment

Financial & Telecom Network Processors

CorporateParameters

Users &Security

Credits & Loans

Savings& Deposits

Money Transfer

SMS & AlertsEngine

Secure Link

Core Banking Back-Office Services

Clients’ Core Systems and UIs

WDT | p11


WDT’S ECOSYSTEM PROVIDES CLIENTS AND PARTNERS THE ABILITY TO CREATE AND FULLY CUSTOMIZE MOBILE END-USER AND CORE BANKING BACK-OFFICE SOLUTIONS

Have access to a fully-web IDE with hundreds of built-in functions and properties and a drag-and-drop interface builder

One of the market’s fastest and most time and cost efficient mobile applications’ development tools WDT’s Development

Environment is a next-generation rapid

application development tool enabling third-party

developers to easily create end-to-end mobile

banking, payments, remittances, top-ups, loyalty, coupons & gift cards, tickets, location

and any other micro financial solutions

Avoid both the need to master the different mobile platforms’ programming languages and to directly interface with complex APIs

Overcome mobile device limitations and burdensome portability requirements

Can create multi-platform applications – supporting J2ME, Symbian, Blackberry, iPhone, Android and Windows Mobile – using only WDT’s proprietary, easy-to-use, code base

Create a single application and provide a unique access to mobile phones’ features and data, such as screen size, camera, contacts, GPS and keyboard

Have a powerful Back-Office Development Environment, that can be easily customized by non-technological users to create new core modules, products and services, operating flows, etc., creating a completely tailored core banking solution

Back-office developers… Mobile developers…

WDT | p12


CLIENTS CAN LEVERAGE THEIR SERVICES AND PRODUCT OFFERINGS THROUGH WDT’S MOBILE MICRO FINANCIAL ECOSYSTEM AND GAIN ACCESS TO THE FOLLOWING ADVANTAGES (1/2)

Integrated Product One-stop-shop, integrating all mobile modes (application, text messages and mobile web) in a unique solution, combining them creatively to offer a superior user experience

Full device coverageReach every existing mobile device regardless of brand, model and operator, not only by providing text message and mobile web access but also by employing multi-platform, high porting applications supporting Java, iPhone, Blackberry, Windows Mobile, Symbian and Android

Delivery OptionsAccess to the most comprehensive delivery network (e.g. download from client’s web and/or WAP sites, inbound SMS short codes or outbound SMS campaigns, deployment of Bluetooth antennas in strategic locations, etc.) for maximizing mobile applications’ end-user penetration

Comprehensive end-to-end solution

WDT is the first company in the market to provide its clients with mobile micro financial services’ complete value chain

Speed to market Fully parameterized solutions enabling clients to launch mobile micro financial services in less than one month

Customization Customization of clients’ mobile UIs (including look & feel, features and user flow) and back-office platform, meeting their businesses and end-users’ specific needs

Seamless Updates Automatic and seamless update without end-user burdensome processes

WDT | p13


Development Platform

Open platform providing developers and clients easy-to-use back-office and mobile application development tools for adding new features to existent solutions or creating new multi-platform applications and services

On-premise or Fully Outsourced

Adaptation to clients’ existent technological equipment, investment possibilities and/or security requirements by deploying the Ecosystem’s services in WDT’s own datacenters or on clients’ premises

Security

The Ecosystem’s solutions have the market’s highest security levels, including:Multi-factor authentication• Advanced encryption standards (communications via HTTP and 3DES 192-bit and AES • 256-bit encryption)PCI compliance• Application lock-out on lost phones by user or customer service reps• Device session timeout• No personal data stored on devices•

CLIENTS CAN LEVERAGE THEIR SERVICES AND PRODUCT OFFERINGS THROUGH WDT’S MOBILE MICRO FINANCIAL ECOSYSTEM AND GAIN ACCESS TO THE FOLLOWING ADVANTAGES (2/2)

WDT | p14


WDT ADDRESSES THE DISPARITIES IN CLIENTS’ BUSINESS GOAL AND BUDGETS BY OFFERING THEM FLEXIBLE BUSINESS MODELS TAILORED TO THEIR SPECIFIC NEEDS

Software asa Service(SaaS)

Description Benefits

Enterprise Solution

The entire platform is deployed as a • hosted service in a secure environment in WDT’s premises and accessed over a secure data link

Clients subscribe to the platform by paying • a fixed or variable monthly fee based on the number and type of services hired and on the amount of value transactions processed

This monthly fee includes all support and • maintenance tasks, seamless updates and upgrades and related services

Reduced infrastructure, • installation costs, administration overhead

Solution to relevant • IT issues such as scale, performance, uptime, disaster recovery and maintenance

Full ownership•

Totally customizable•

Retained perpetual license • with no impact in P&L

No cost increase with • end-user growth

The platform is delivered under an • unlimited license, allowing clients to install the software on their premises equipment and to use it in perpetuity

The license value will vary according to the • number and type of services required and to the number of the platform’s end-users

The license includes a one year support and • maintenance fee

WDT | p15


WDT IS CURRENTLY DEVELOPING A VARIETY OF SOLUTIONS (INTEGRATED ECOSYSTEM AND DECOUPLED M.NET AND APPS.NET) IN DIFFERENT COUNTRIES AND FOR DIVERSE CLIENTS (1/3)

Cyberplat(Mexico)

Monedero(Argentina)

Cyberplat is a Russian company offering an integrated broad-based multibank in-• ternet payment system. In Mexico, Cyberplat has a large cash acceptance net-work providing payment services, mobile prepaid credit top-up, ticket sales, etc.

WDT is developing a • prepaid virtual deposit account service for Cyberplat’s eventual customers combined with a mobile wallet application for accessing the company’s services from their mobile phone

The application will have attractive additional features such as • store location and mobile coupons

Monedero is a • NFC prepaid card for making micro-payments in public transport, drugstores, toll-booths, and other stores

When WDT approached Monedero, the company had two main objectives: (i) • achieve dramatic growth in the number of stores accepting payments with Monede-ro without incurring in large-scale CAPEX for high-cost NFC terminals; and (ii) in-creasing user transaction frequency and average transaction amount

WDT is currently developing a • customized mobile POS payment processor for making a fast and cost-efficient deployment in stores and, in parallel, is integrat-ing the NFC card with a mobile wallet application for enabling users to pay bills, purchase products, transfer money to other users, locate nearby stores, etc.

WDT | p16



Banco Nacional de Fomento(Paraguay)

CooperativaUniversitaria(Paraguay)

OMLA(Brazil and Argentina)

At BNF, Paraguay’s national development bank, WDT is implementing its • mobile banking and mobile wallet applications to enable the Bank’s customers to manage their bank accounts and active products, cutting down servicing costs, and to pay for their purchases at selected stores and merchants using their mobile phones

At the same time, WDT is working with the point-of-sale network to deploy its • mobile POS payment processor solution

Cooperativa Universitaria is a Paraguayan • credit union with more than 70,000 clients, offering deposit accounts, loans and other financial services

WDT is currently developing a customized and integrated• mobile banking and mobile wallet application for Cooperativa Universitaria’s clients to gain access to its products and services using their mobile phones

WDT is also creating a • mobile customer loyalty program to include later in the application

OMLA’s executives have been in the Micro Financial arena for over 20 years with • an incredible success track record and have forged a reputation to be the world leaders in using technology to optimize MFIs’ operation and administration

OMLA hired • WDT’s Ecosystem for powering its MFIs’ Latin American deployment

WDT | p17



This type of company is very common in Argentina where • users contact its call-center to ask for a cab to fetch them at a determined location. Corporations usually have a current account in one of these private taxi companies for its employees to travel with charge to the company’s account

WDT is developing a • mobile wallet application by which users can contact their preferred taxi company to ask for a cab and pay, when arriving at destination, with charge to their Monedero cards

Corporate users, instead, would pay for the taxi service using the mobile application • but charging their employers’ current account

In a second phase, users would be able to • link the application with their credit cards for paying their taxis with charge to them

PRODEM, one of Bolivia’s largest MFIs (Micro Financial Institutions), has been using the previous M.net version since its inception and is currently upgrading it to the next generation Core Banking platform for servicing over 100 branches and approximately 500,000 clients

DSA is a US-based financial service provider implementing WDT’s Ecosystem for the creation of a global network of remittance operators and payors

Private taxi service companies(Argentina)

PRODEM(Bolivia)

DSA(US)

WDT | p18


THE COMPANY IS ACTIVELY LOOKING FOR NEW ECOSYSTEM MEMBERS FOR ENHANCING ITS JOINT VALUE PROPOSITION, ENLARGE ITS BUSINESS SCOPE AND BOOST COMBINED REVENUES

Ecosystem’s members can • jointly create new mobile services and co-market them to maximize customer adoptionAdditionally, members can • drive value from:- Leveraging economies of

scale by sharing one platform worldwide

- Reducing CAPEX and OPEX requirements by sharing infrastructure and operational resources (e.g. call centers)

- Increasing efficiency by using the Ecosystem

Micro financial services

Payment processors

WDT strongly believes in the exciting business opportunities that could be generated by actively

partnering with micro financial industry’s key

players

Point-of-sale networks

Mobile solutions and apps

Service bureaus

Technologies

Mobile devices

Communication networks

WDT | p19


WDT’S MANAGEMENT TEAM BRINGS A DEPTH OF EXPERTISE IN THE IT, TELECOM AND MOBILE SOLUTIONS INDUSTRIES TO PROVIDE THE HIGHEST QUALITY MOBILE MICRO FINANCIAL SERVICES (1/3)

Mr. Bazoberry is World Data Transactions’ Chief Executive Officer and • Chairman. Mr. Bazoberry has over 30 years of experience managing leading technology strategies in the US and abroad. As the company’s CEO, he is laying the groundwork for WDT’s continued growth, creating revenue generation opportunities and optimizing operating efficiency, and leading WDT’s global expansion effortsMr. Bazoberry’s abilities for leveraging telecom and IT to optimize and • globalize management and operational processes, anticipate technological cycles and turn around operations, have created over a billion dollars in value for his clients and shareholdersHe has served as a strategic advisor to corporate boards of high ranking US • and foreign government organizations, as well as participated in regional summits such as the l Summit of the Americas and other regional diplomatic summits and gatheringsMr. Bazoberry is also a Partner and CEO with World Data Ventures•

Mr. Dick is WDT’s Chief Operating Officer and also serves as Executive Vice • President at World Data VenturesThroughout his career, Mr. Dick has overseen the business development and • operational efforts of the World Data Group’s companies, including Comsat International. He has played a critical role in the strategic refocusing of these companies, maximizing revenues and expanding market shareMr. Dick has been active in assisting and advising telecom and technological • companies with capital funding, forging of strategic alliances, corporate re-capitalization, M&As and investment banking services

Oscar BazoberryCEO

Robert M. DickCOO

WDT | p20



Mr. Nano is a Partner and Sr. Vice President of Business Development with • World Data Transactions, responsible for achieving the company’s revenue and commercial expansion objectives. Mr. Nano brings to WDT more than 15 years of entrepreneur experience in the IT and Mobile industries.Mr. Nano is also a Partner and CEO with CodaMation, a leading, Argentine-• based, mobile solutions company with operations in Latin America’s largest markets, US and Spain.Prior to joining CodaMation, he bought a minority stake in Tecnologías del • Sur, a software factory dedicated to the provision of IT solutions to US companies, where he acted as Chief Operating Officer.Previously, in 1999, Mr. Nano co-founded e-Solutions, a business intelligence • solutions and web-tools start-up where he served as New Business and Alliance Manager.While working at e-Solutions, he co-founded Nadisa, one of Argentina’s • biggest wholesale food and beverages distributor, where he maintains an advisory role.At the outset of his career, Mr. Nano held various Business Analyst positions • with Land Rover Argentina and Banco de Crédito Argentino (today BBVA).

Mr. Alvarez is WDT’s Chief Technological Officer. He has over 20 years of • experience in the international telecom and IT industryMr. Alvarez has lead implementations and consulting on IP networking and • services infrastructure throughout Latin America, the Middle East and Africa, for regional and local telecom companiesIn the US, he has provided IT consulting, integration and management services • for corporations and government entitiesHis background also includes work in systems analysis, software development • and database designMr. Alvarez is also Chief Network Officer at World Data Ventures •

Federico NanoSr. VP BusinessDevelopment

Bayardo AlvarezCTO

WDT | p21



Mr. Bouzas is WDT’s VP of Strategic Planning and is responsible for maximizing • the company’s overall strategic value. Mr. Bouzas has more than 10 years of corporate strategic planning experience in a variety of industries.Mr. Bouzas is also a Strategic Marketing Manager with CodaMation, a • leading, Argentine-based, mobile solutions company with operations in Latin America’s largest markets, US and Spain.Prior to joining CodaMation, he was Planning & Control Manager for Grupo • Sidus, one of Argentina’s most important pharmaceutical and retail pharmacy companies.Mr. Bouzas previously served as CEO at Trinario and Factora, two Argentine-• based call centers specialized in debt recovery and sales of products and services, respectively.While working at Trinario and Factora, he was a Partner with Trice Investment, • an investment banking boutique with operations in Latin America.Prior to these roles, Mr. Bouzas held different strategic, planning and • marketing positions with Grupo Telefónica, both in Argentina and Spain.Mr. Bouzas earned his BS degree in Economics from Universidad Católica • Argentina and his MBA from ESIC, Madrid

Francisco BouzasVP Strategic Planning

WDT | p23


www.wdtecosystem.com

world data transactions

Economy & Finance