Ver 1.01

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Scope

• Virtual Money, Certificates• Couponing• Micropayments• Pre Load Money• Micro Credits• Money Transfers

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Features

• Accesible by Mobile Phones and Internet• Global Scope• Mobile Operator Independent• Covers any kind of transaction:

– Person to Person– Merchant to Person– Merchant to Merchant

• Pull and Push Advertisement and Services

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Access

• The User, Person or Merchant can access the system by Internet or by an application loaded in his mobile phone.

• Every User has an unique PEDY# number and PEDYPIN

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Mobile Applications

• Personal and Merchant Applications can also:– Check User Certificates– Bring Certificates, as prices for consumptions– Redeem Certificates, as partial or total payments

for goods and services

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Push Advertisement

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Web Streaming

Web Browsing

Messages

Web site

Pull Services

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Phone´s Menu

PEDYCash ask for PIN

Pull Services Menu

Universal Near Field Communication

• Any bluetooth enabled phone running the Application can pay only touching a special pad.– Public Transportation– Stores– Tolls– Theatres– etc

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Provisioning

• The User, Person or Merchant can get the mobile apllication in several ways:– By Viral accepted propagation: Bluetooth from a

mobile phone with the Personal or Merchant Applications.

– Sending an SMS to a special number and receiving an SMS push with the download address and download and install it.

– Asking in the web page to receive the SMS push.

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Installation by web

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SMS

Demo Web Site

Mobile Phone Menu

Internet Money (Paypal)

• Any allowed Internet Service can act as a Person or Merchant by a Server to Server interface :– Check User Certificates– Bring Certificates, as prices for consumptions– Redeem Certificates, as partial or total payments

for goods and services

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Person to Person

Business:

Amount:

Product:

10456

$ 50.00

305Accept

Sending PartySending Party/ Customer/ Customer

Receiving PartyReceiving Party/ Merchant/ Merchant

Information:Information:PEDY#: PEDY#: 1045610456Product/Service Ref: Product/Service Ref: 305305Certificates: $ Certificates: $ 5050

Transaction:# 746474Sept,1, 2005, 18:00Customer: 65438 John Doe

Product: 305$ 50.00

APPROVED

Transaction:# 746474Sept, 1, 2005 18:00Supplier: 10456Product: 305$ 50APPROVED

System Name

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Features Vast Capillarity

Uses any standard already operating mobile phone Very Low Cost infrastructure

Very Low Capex, initial investment The mobile phones are already deployed and owned by the users

Very low Opex, operative expenses Only SMS and mobile Internet, paid by the user’s side

Very Fast implementation. Use of standard mobile phones that are already deployed and owned by the users

Low Cost Business Model No fees to 3rd party networks when working with bank’s own accounts and cards.

New Market segments Mobility. Delivery, Logistics, Direct Sales, Prepaid Card, Remittances, etc Low Cost transactions Micropayments.

No geographic boundaries enables new market segments like international money transfer and remittances Mobile Operator independent.

Doesn’t need any special deal with the Mobile Operators The Platform is a Virtual Money System and Switch capable of operating stand alone prepaid or virtual

money or Certificates.

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Mobile Application Features• Easy download and installation

– Easy user enrollment by web

– Easily downloaded• By Data, OTA, from a Greeting SMS or entering the Application’s URL• By Bluetooth• Installed in the SIM Card

• Security– Signed by Verisign, trusted by the phones and difficult to be tampered

– Uses Cellular Phone Digital Signature taking several parameters from the mobile device

– Uses Token based encryption in order to use a different encryption key for every customer and transaction

– Uses Sitekey in order to avoid phishing

• Communications– Uses primary Data communications, GPRS/EDGE/UMTS, etc

– Fallbacks automatically from to SMS when data is not available.

– On any communications channel, data or SMS uses the same encryption and security levels

• Minimal Mobile Terminal requirements, only the Java Virtual Machine with at least MIDP 2.0 y CLDL 1.0

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General Overview

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Internet

Mobile ApplicationStandard Mobile Phones

•Encrypted•Token based•IP based, only fallback to SMS

• Self Virtual Account System• Transaction Switching• Routing to Other Entities Banks

Card NetworkProcessors

Private Label Cards

Remittances

Mobile Networks

Multiple Communications ProtocolsISO8583, Proprietary, etc

Mobile Networks

Mobile Operator Independent Global Service

Multiple Functionality• C2C• B2C• B2B

3rd Party 3rd Party Web Web

ContentContent

Internet money like Paypal to pay to 3rd party, like any other Merchant

Strengths

• Proven Global Vision and Entrepreneurship in Business and Technology

• Experienced Board and Staff Team• Multicultural• Low Cost R&D&O in LATAM

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BackgroundR&D and Operations

interWAVE SA

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Main Features

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D&B D-U-N-S: 97-481-1291

Our Continuous Production Cycle:• Vision in Feasible IT and Business innovative projects• Project ‘s in house R&D and Business Model incubation• Worldwide companies establishment with local Partners • Permanent Low Cost R&D and Operations for the companies

Our Strength:• Proven Vision capability through several successful spin offs• Proven Leading Edge R&D, the references includes NASA• Low Cost and very Scalable R&D and Operations facilities in LATAM• 20+ years in the IT Market• Seasoned Management Team• Multi Cultural , International experience

Vision -> Incubation -> Company -> Operation

About Us With a background on R&D on Artificial Intelligence/Expert Systems, our first

company was established in 1982 as a Software Development company and full IT outsourcing provider for several markets, like Newspapers, Banks, Stock Brokers, Hospitals, Insurance Companies, Radio Networks, Distributors, Retailers, etc.

Later, we applied the vision about upcoming opportunities relating Business and Technology in developing the technology and establishing several domestic and overseas companies with local partners.

Among others, the most remarkable milestones are: Development and Provision of VoIP conferencing and interface technology to NASA, in use

at the IVoDS system, linking the International Space Station (IIS) and the Space Shuttle to the earth based stations,

FreeCall, a VoIP PC to Phone system (like Skype out) to Web.de at Germany, EU Integrated Wireless Services (Triple Play) to InterWave Europe (IWE) at Monza, Italy, EU. Mobile Transactions systems for cellular phones to GTI, Inc, Florida, USA, including

MoviPOS, Peer to Peer and Micropayments. R&D and Operations facilities located in Argentina, South America, where have local

access to a huge and high skilled Technical Human Resources market at a very convenient cost.

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References, VoIP Group - IVoDS

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ReferencesVoIP Group – year 2000, FreeCall (like Skype

Out)

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Integrated Wireless Services

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Integrated Wireless Services• Functionality

– Complete Wireless Telco Solution for Telephony, Broadband Internet, IPTV, Surveillance, GPS Tracking, etc.

– Fixed and mobile services

• Free spectrum based, no authorizations or license fees.

• Uses Non proprietary equipment based.– Standard, off the shelf locally manufactured

equipment is used

• Modular, integrates and mixes several standard technologies

– Multi Standard 802.a/b/g/N, WiFi, WiMax, etc– Multi band, 900M/2.4G/5.4G, etc– Can be easily modular upgradeable because the

technology evolves very fast

• Highly integrated hardware and intelligent software operation, the system continuously changes the operation parameters in order to maintain the Quality Of Service.

– Bandwidth control, sip proxy, filtering, web proxy, billing, provisioning, etc

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Political, Social, Economy Breakthrough technology lowers cost entry barrier to the business to a

regional level Solves social local regional interests that the big central companies

doesn’t take care of, for example giving services to places where the central companies doesn’t, or giving fast response to the local residential and corporative customers demands and needs

Diminishes the Digital Divide Creates new local companies The local consumer spending in services goes lo local companies Creates new local workplaces, specially for young people Doesn’t need authorization or licenses for the frequencies or operation

from the central government, no delays, no costs, no political tradeoffs, etc

The network of created Local Companies can manage their connectivity, tariffs, etc, independently

Can create synergy with other local or regional companies, like surveillance, railroads, etc

Business Model In this scenario of fast changing and evolving technology and customers

needs, the partnership between IWE and the local partner warranties fast innovation and response and alignment of interests

Complete turnkey solution provided, implementation and maintenance The Local Partner can focus on politics and business and provide sales,

management, and funding Business and Technical Models already Proven, operational and working

ReferencesMobile Terminal for Intelligent Cards

Buenos Aires Subway System

Contact Less Intelligent Cards. POS Hardware and Software R&D and manufacturing. Implemented at the Buenos Aires Subway system.

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Projects, C3I2Defense

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