Mobile Money Ventures Named Finalist for 2009 Andrew Seybold Choice Awards

Mobile Money Ventures, LLC (MMV), a leading global solutions provider of the next generation of mobile financial services, announced today that its mobile financial services platform has been named a finalist for the 2009 Andrew Seybold Choice Awards in the Most Innovative Wireless Application category.

The Choice Awards recognize the accomplishments of companies in developing leading-edge technologies, devices, services and applications that impact the acceptance and use of wireless communications by business, consumer and Internet users. MMV’s mobile financial services platform allows consumers to handle all of their financial activities banking, payments, stock trades, tracking and budgeting — on any mobile handset or wireless carrier. While other mobile banking products usually only provide basic features such as account management and payment services, MMV’s platform is a comprehensive solution that can be localized for specific region needs and can include next generation services.

“Mobile banking is a big growth area for wireless and the MMV Mobile Platform provides access to banking services not only from smartphones but from any phone across any network, which will help the market for these services to grow more rapidly,” said Andrew M. Seybold, CEO and Principal Consultant, Andrew Seybold, Inc.

“We are honored to be selected as a finalist for the Andrew Seybold Choice Awards,” said Steve Kietz, CEO of Mobile Money Ventures. “With MMV, financial institutions and carriers can offer their customers a way to manage their banking needs safely and securely from their mobile phones. Rather than provide a single mobile financial application, our solution is comprehensive and includes banking, payments and budgeting tools.”

Winners will be announced at the 19th Annual Andrew Seybold Wireless Dinner, the independent networking and recognition event held annually in conjunction with International CTIA Wireless 2009, which will take place in Las Vegas on April 1.

About Mobile Money Ventures

Mobile Money Ventures, LLC (MMV) is the leading global solution provider of the next generation of mobile financial services applications. Built on the financial services and technology leadership of Citi and SK Telecom, MMV delivers the future of mobile banking with its comprehensive, customizable and secure platform. MMV’s turnkey solution enables financial institutions (FIs), carriers and partners to reduce time to market, leverage new growth opportunities and enhance customer loyalty. MMV is FI and carrier agnostic. Mobile Money Ventures is headquartered in San Francisco, California. For more details, visit www.mmventures.net .

About Andrew Seybold, Inc.

Andrew Seybold, Inc. is dedicated to solving client challenges through strategic consulting, client-specific research and analysis, publications, speaking engagements and educational programs. Company founder Andrew M. Seybold and his partners provide deep technology and business expertise, proven best practices and long-established relationships with industry leaders. Mr. Seybold is highly regarded for his COMMENTARY e-newsletter and the Andrew Seybold Wireless University. For more information visit www.andrewseybold.com .