“ ELECTRONIC MONEY SERVICES SOLUTIONS” INTRODUCING IN COOPERATION WITH PARTNERS

About the Company Financial Services company established in 2004 to focus primarily on providing a platform to offer electronic transactional financial services Remittance License, bonded and insured Partnership with some of the largest corporations in the USA & Internationally First company to offer a multipurpose money services disposable prepaid card, mobile remittance and banking Operations in the USA, Mexico, Jamaica & Bahamas The company has over 10,000 registered customers Summary

Financial Services company established in 2004 to focus primarily on providing a platform to offer electronic transactional financial services

Remittance License, bonded and insured

Partnership with some of the largest corporations in the USA & Internationally

First company to offer a multipurpose money services disposable prepaid card, mobile remittance and banking

Operations in the USA, Mexico, Jamaica & Bahamas

The company has over 10,000 registered customers

Vision To provide a fully integrated electronic money services platform to allow for the movement of funds through multiple channels from point A to point B and to provide the means to facilitate the use of the funds upon arrival at point B. Embodiment

To provide a fully integrated electronic money services platform to allow for the movement of funds through multiple channels from point A to point B and to provide the means to facilitate the use of the funds upon arrival at point B.

CaribPay – Is the Company’s online offering for its money services suite of services via the Internet. The suite of services includes: Person to person money transfer. Prepaid Cards (Visa, MasterCard & TreasureCard) Bill Payment (pay any biller in the USA through the MasterCard RPPS network and billers in other countries. ACH bank to bank transfers between & within banks in the USA, Canada & Mexico. Tap up services allowing customers to recharge prepaid phone accounts in the Caribbean and Latin America. mWorldPay – Is the Company’s universal mobile money services platform for SMS based remote payment and remittance. It allows a registered user to use his/her registered mobile phone as a “Virtual Wallet” to execute all transaction type as offered online at CaribPay or as offered through retail locations using the point of sale TransActPro system. AutositeBill – Is the Company’s merchant payment gateway that allows customers to use their mWorldPay account to pay for goods online in real time at participating merchant locations. TransActPro – Is the Company’s retail point of sale system that offers the company’s money services suite of services at the point of sale through agent locations in the USA, Jamaica, Canada, Peru & Bahamas Channels Executing the Vision

CaribPay

– Is the Company’s online offering for its money services suite of services via the Internet. The suite of services includes:

Person to person money transfer.

Prepaid Cards (Visa, MasterCard & TreasureCard)

Bill Payment (pay any biller in the USA through the MasterCard RPPS network and billers in other countries.

ACH bank to bank transfers between & within banks in the USA, Canada & Mexico.

Tap up services allowing customers to recharge prepaid phone accounts in the Caribbean and Latin America.

mWorldPay

– Is the Company’s universal mobile money services platform for SMS based remote payment and remittance. It allows a registered user to use his/her registered mobile phone as a “Virtual Wallet” to execute all transaction type as offered online at CaribPay or as offered through retail locations using the point of sale TransActPro system.

AutositeBill

– Is the Company’s merchant payment gateway that allows customers to use their mWorldPay account to pay for goods online in real time at participating merchant locations.

TransActPro

– Is the Company’s retail point of sale system that offers the company’s money services suite of services at the point of sale through agent locations in the USA, Jamaica, Canada, Peru & Bahamas

The Multi Channel Strategy CaribPay?

The Multi Channel Strategy CaribPay?

The Multi Channel Strategy mWorldPay?

The Multi Channel Strategy AutositeBill mWorldPay AutositeBill?

The Differentiator The Global Advantage

Case Study Safaricom's innovative products, such the world's first mobile phone money transfer system known as M-Pesa, are expected to further bolster its revenues. Some five million Kenyans now use the service to send money to the most remote villages with no banks. Telecoms analysts say that with only 33 percent of Kenyans holding mobile phones, the potential is still substantial. http://www.reuters.com/articlePrint?articleId=USL2729875420080527 05/28/08 NAIROBI, March 18 (Reuters) - Kenya's leading mobile service provider Safaricom SCOM.NR said on Tuesday that a phone-based money transfer service it launched 11 months ago had handled 9.3 billion Kenya shillings ($145 million) to date. Safaricom started its M-Pesa service in March 2007. Many Kenyans, especially those living in rural areas, have limited access to conventional bank accounts. At the time of the launch, Safaricom had 5.8 million subscribers, compared with about 9.5 million now. Since the launch, the firm has attracted 1.6 million M-Pesa users. "Since the launch of M-Pesa ... 11 months ago, the service has recorded cumulative person-to person transfers of over 9.3 billion shillings," Michael Joseph, Safaricom's chief executive officer, said in a statement. Within the first month, Safaricom had registered over 20,000 M-Pesa customers, well beyond the original business plan. By July, it already had 500 agents and 150,000 customers.

Case Study Can These Startups Beat Paypal? Stacey Higginbotham , Friday, September 26, 2008 at 6:29 AM PT Comments (24) D espite the acceptance of credit cards and services like PayPal, the issue of getting money from one person to another online still offers opportunities for innovation. Venture firms are continuing to fund startups that hope to offer better ways to pay online , while the growth of Software as a Service in the enterprise has led to a need for new tools in corporate billing management. Further out, buying items over a mobile phone presents a multibillion-dollar opportunity — if someone can make it easy. Despite the early-mover advantage PayPal has, and the presence of rival offerings from Internet giant Google, there are plenty of retailers who only accept credit cards for online purchases. That eliminates their ability to sell to those without credit and those concerned with security online. There are a few ways rival online payment services can find success against PayPal, wrote Jim Friedland, an analyst at Cowan & Co. earlier this week, citing a few examples: providing a neutral independent platform (PayPal is owned by web retailer eBay), extending credit to shoppers, and offering lower transaction fees.

Case Study And startups are still searching for other opportunities online. Just last week online bill pay startup eBillMe raised $12 million from Canaan Partners and New Celtic Ventures . The company offers vendors an alternative to credit cards by allowing shoppers to receive a bill at their online banking portal. This allows shoppers to avoid putting their personal information on the merchant’s site and allows for a cash, rather than credit, transaction. But online sales are no longer limited to the PC. U.S. consumers are starting to use their mobile phones to make purchases, and this could be a growing market in the years to come . But there are challenges ahead. Bigger players such as PayPal and credit card companies already offer mobile-payment products, and the current U.S. market for mobile-pay services is still small. Only 1.5 percent of U.S. consumers have ever used their mobile phones to make a payment, but almost 50 percent are aware that they can do so, according to a survey released this week . The research, commissioned by financial firm Mercatus, predicts that with better services and customer education the percentage of people who will make payments from their mobile phones is likely to grow in five years to 15 percent among those ages 18-30.

Case Study The growing use of smartphones and shopping sites optimized for mobiles require payment options that are easier than keying in a 16-digit credit card number. Startups such as angel-backed Billing Revolution and Zong , which launched earlier this month after raising more than $12 million in venture capital, are tackling the problem of buying on your mobile phone. Zong sends purchase information to carriers, who then bill the subscriber for their purchases, and Billing Revolution offers a mobile credit card processing platform. In April, Obopay scored $20 million for its money-transfer-via-mobile efforts . While the opportunity in mobile is still just cresting the horizon, enterprise customers provide an immediate opportunity for startups seeking to streamline transactions. In March, two startups offering an online billing platform for companies delivering Software-as-a-Service (SaaS) products raised money. Zuora brought in $6.5 million in first round funding led by Benchmark Capital for its platform. Rival Vindicia announced a $5.6 million round led by DCM and Leader Ventures.

mWorldPay Mobile process Current Company Deployment The Model

mWorldPay Mobile process Current Company Deployment The Model

mWorldPay Transactions CPB = Balance inquiry M2M = Money transfer from one mWorldPay account to another mWorldPay account The user performs a money transfer transaction from his/her mWorldPay account to another registered user’s mWorldPay account. MP = Mobile payment at affiliated retailers The user performs a money transfer payment from his/her mWorldPay account to pay for goods/service purchased at the point of sale. M2R = Direct to Bank Account/Cash pick up at Retail Locations for remittances originating Nationally and or Internationally The mobile user receive an sms notification as a remittance and performs the instruction (M2R) to deposit the cash directly to any bank account and or pick up cash at any participating agent location. Current Company Deployment The Model

CPB = Balance inquiry

M2M = Money transfer from one mWorldPay account to another mWorldPay account

The user performs a money transfer transaction from his/her mWorldPay account to another registered user’s mWorldPay account.

MP = Mobile payment at affiliated retailers

The user performs a money transfer payment from his/her mWorldPay account to pay for goods/service purchased at the point of sale.

M2R = Direct to Bank Account/Cash pick up at Retail Locations for remittances originating Nationally and or Internationally

The mobile user receive an sms notification as a remittance and performs the instruction (M2R) to deposit the cash directly to any bank account and or pick up cash at any participating agent location.

TUP = Top up servicies User may send Top Up minutes directly unto prepaid cellular phones to recharge accounts BP = Bill payment of registered services User may pay public services like; water, phone, utilities, cable, etc using the registered mobile phone to initiate the payment A2A = Transfer from same user mWorldPay account to same user mWorldPay account but from one currency type to another currency type. Each mWorldPay user is setup with the option to have dual currency (primary and secondary) accounts and the user is able to move funds to and from one account type to the other. ACT = Account reload from a TreasureCard The mWorldPay registered user transfers the value of the pre-denominated one time use TreasureCard to his/her mWorldPay account . mWorldPay Transactions Current Company Deployment The Model

TUP = Top up servicies

User may send Top Up minutes directly unto prepaid cellular phones to recharge accounts

BP = Bill payment of registered services

User may pay public services like; water, phone, utilities, cable, etc using the registered mobile phone to initiate the payment

A2A = Transfer from same user mWorldPay account to same user mWorldPay account but from one currency type to another currency type.

Each mWorldPay user is setup with the option to have dual currency (primary and secondary) accounts and the user is able to move funds to and from one account type to the other.

ACT = Account reload from a TreasureCard

The mWorldPay registered user transfers the value of the pre-denominated one time use TreasureCard to his/her mWorldPay account .

The Model

TreasureCom against the Competition The Value Proposition Services/Channels TreasureCom Western Union PayPal OboPay Person to Person Money Transfer Retail Online Mobile Yes Yes Yes Yes Yes Pilot No Yes No No Yes Yes Merchant Payment Retail Online Mobile Yes Yes Yes No No No Yes No Yes No No Pilot Bill Payment Retail Online Mobile Yes Yes Yes Yes Yes No No No No No No No Prepaid Card Yes* Yes Yes Yes Load/Reload Channels Retail Online Mobile Yes Yes Yes Yes Yes No No Yes No No Yes No

Person to Person Money Transfer

Retail

Online

Mobile

Merchant Payment

Retail

Online

Mobile

Bill Payment

Retail

Online

Mobile

Load/Reload Channels

Retail

Online

Mobile

Proposal - Partner with TreasureCom to Launch Mobile Remittance and Payment System across Latin America & the Caribbean Vodafone, Safaricom and Western Union announced in December 2008 that they will partner to pilot a cross-border Mobile Money Transfer (MMT) service between the U.K. and Kenya. This service will enable customers to send cross-border remittances from select locations directly to Safaricom mobile subscribers in Kenya generally in minutes. The initiative uses Western Union’s trusted global “hub” for processing cross-border remittances. It builds on the success of M-PESA, a mobile money transfer service in Kenya offered by Vodafone and sister company Safaricom. Reference Case

Vodafone, Safaricom and Western Union announced in December 2008 that they will partner to pilot a cross-border Mobile Money Transfer (MMT) service between the U.K. and Kenya. This service will enable customers to send cross-border remittances from select locations directly to Safaricom mobile subscribers in Kenya generally in minutes.

The initiative uses Western Union’s trusted global “hub” for processing cross-border remittances. It builds on the success of M-PESA, a mobile money transfer service in Kenya offered by Vodafone and sister company Safaricom.

Proposal - Partner with TreasureCom to Launch Mobile Remittance and Payment System across Latin America and the Caribbean Reference Case M-PESA, Launched in March 2007, now has over 5,000,000 registered users and almost 5,000 registered outlets. It has transferred almost Sh60 billion since it started. In September, 2008 M-PESA transferred Sh9.61 billion and in October reportedly over Sh10 billion. Safaricom's stated revenue for SMS, Data and M-PESA in its half year accounts released last month was Sh 3.75 billion. Reportedly around Sh925 million of that was generated by the M-PESA business.

M-PESA, Launched in March 2007, now has over 5,000,000 registered users and almost 5,000 registered outlets. It has transferred almost Sh60 billion since it started. In September, 2008 M-PESA transferred Sh9.61 billion and in October reportedly over Sh10 billion.

Safaricom's stated revenue for SMS, Data and M-PESA in its half year accounts released last month was Sh 3.75 billion. Reportedly around Sh925 million of that was generated by the M-PESA business.

Proposal - Partner with TreasureCom to Launch Mobile Remittance and Payment System across Latin America and the Caribbean Notes: Currently TreasureCom through its network of 100+ Retail agents within the USA provides mobile TOP UP services within the USA to over 16 countries in the Caribbean & Latin America. In addition to bill payment money transfer and other services. TreasureCom received in September 2008 explicit approval from the Central Bank of one Latin American country to offer the mWorldPay services in that country. TreasureCom received in January 2009 explicit approval from the Central Bank in one Caribbean Country to offer the mWorldPay services in that country. TreasureCom has began rolling out its Mobile Payment and Mobile Remittance services within the USA TreasureCom has completed pilot testing in both these two mentioned countries and is set to officially launch the mobile money transfer and mobile payment in April of 2009 in these two mentioned countries.

Notes:

Currently TreasureCom through its network of 100+ Retail agents within the USA provides mobile TOP UP services within the USA to over 16 countries in the Caribbean & Latin America. In addition to bill payment money transfer and other services.

TreasureCom received in September 2008 explicit approval from the Central Bank of one Latin American country to offer the mWorldPay services in that country.

TreasureCom received in January 2009 explicit approval from the Central Bank in one Caribbean Country to offer the mWorldPay services in that country.

TreasureCom has began rolling out its Mobile Payment and Mobile Remittance services within the USA

TreasureCom has completed pilot testing in both these two mentioned countries and is set to officially launch the mobile money transfer and mobile payment in April of 2009 in these two mentioned countries.