Mobile TV Screenings and Awards at MIPCOM 2006

Europe UK : As the world sees the 2.5 billionth mobile phone connection, Mobile VPT Europe PLC announces the grant of its patent entitled ‘Communication Method and Apparatus Improvement’. The patent encompasses the use of GSM / 3G mobile devices, be they phones, PDA’s or other similar devices for authenticating users and transacting mobile commerce. The patent grant serves to strengthen Mobile VPT Europe’s mission to make its technology ubiquitous across mobile devices and will enable the company to provide consumers with maximum transaction security and authentication while reducing costs through an open mobile transaction network. Mobile phones will be able to operate “chip and pin” transactions from any location, be it a taxi, or a car boot sale, using secure “two factor authentication”. The same technology can be applied across Internet payments, providing a further diverse network and safeguard against identity theft.

“This patent grant fundamentally reinforces the work we have done over the last few years and with it we intend to change the mobile commerce paradigm by changing the way the world moves money – securely and in a non repudiatable way” said Keith Benson, Founder and Executive Chairman.

Central claims of the patent are that any GSM or 3G phone whose core processor receives any user authenticating interrogation signal that is redirected other than to the operator’s SIM card is an embodiment of this European Patent, (publication number EP1068753).

About Mobile VPT Europe PLC: Mobile VPT Europe PLC was incorporated on 2nd August 2006 as a public limited company under the UK Companies Act 1985. With proven products, unique technology, key personnel, patents, patent applications and other intellectual property developed with private investment of more than US$16 million since 1998, Mobile VPT Europe PLC has established its European base to develop and exploit the market, and has listed its stock on the professional emerging markets exchange.

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