Press Releases

NewNet Communication Technologies announces Secure Transaction Cloud (STC) Payment Solution on AWS Marketplace with AWS CloudHSM

Read original article here: http://www.prweb.com/releases/2017/10/prweb14809868.htm#!

CHICAGO (PRWEB) OCTOBER 17, 2017 – NewNet Communication Technologies, global provider of secure transaction transport systems, today announced a secure payment transport and acquiring solution for Amazon Web Services (AWS). NewNet’s new Secure Transaction Cloud (STC)solution with AWS CloudHSM launched on AWS Marketplace and is designed to provide payment providers with a secure cloud payment handling application vital for transporting high volumes of transactions.

NewNet’s STC solution is a comprehensive cloud-based secure payment acquiring and transport application with advanced data security, point-to-point encryption and tokenization for facilitating the end-to-end security of payment transactions. NewNet’s STC solution runs on AWS and is backed by AWS CloudHSM. STC is now available on AWS Marketplace for trial, allowing customers to experience its security payment transaction routing and aggregation capabilities.

With AWS CloudHSM’s advanced encryption and hardware security capabilities, NewNet’s STC gives customers a cloud payment application for scalable, resilient and high-speed payment handling.

Now available on AWS Marketplace, NewNet’s STC payment application solution is designed to allow for faster modernization while lowering risk for a broad spectrum of payment ecosystem participants, including acquirers, processors, payment service providers, transaction network service providers, merchant service providers, retail chains, mobile network operators and telecommunication companies, banks, financial institutions and other fin-tech providers in the payment transaction domain.

“With a cloud-based payment transport and acquiring application, NewNet’s STC solution enables the payment transaction acquiring and processing industry with one of the most innovative and advanced payment applications in a high security cloud for seamless migration and significant economic value,” said Devarajan Puthupparambil, Head of NewNet’s Secure Transactions Division. “The virtualized payment and security functions of STC operating on AWS provide high security for payment transactions, with AWS CloudHSM FIPS 140-2 Level 3 compliant platform enabling crypto operations including encryptions using long length keys to be handled completely within hardware security boundaries. This new delivery platform allows NewNet to extend its payment gateway technology to new and existing customer segments.”

“The new CloudHSM service from AWS improves security and simplifies high-availability for our customers while also lowering cost,” said Eric Docktor, Director of AWS Cryptography at Amazon Web Services, Inc. “We are excited to see NewNet take advantage of these capabilities to build a fully cloud-native payments solution that gives their customers high-volume, low-latency payment processing.”

NewNet’s STC solution offers virtual networks functions (VNF) based virtualized secure payment applications with a broad range of VNF for payment transaction routing and added security, including:

TLS, IPsec, SSH;
HTTPS;
ISO8583, TPDU, VISA, XML based transaction protocols;
Enhanced security with point to point encryption (P2PE), and tokenization;
Multiple host interfaces;
Advanced management and reporting; and
Load balancing.

NewNet’s STC supports a variety of payment methods including internet payments, mobile payments, wallet payments, POS/POI based transactions, and all forms of ecommerce and commerce payments with PCI standard compliant security. The platform is priced based on usage, with a software as a service (SaaS) model.

For more information, please contact traxcominfo@newnet.com

ABOUT NEWNET COMMUNICATION TECHNOLOGIES

NewNet is one of the premier global providers of next generation mobile technology solutions offering over 25 years of expertise across four businesses: mobile messaging, payment security, interactive voice communications and broadband wireless. Dedicated to innovation, NewNet provides operators and enterprises with a broad range of solutions that are designed to optimize global communication opportunities. NewNet solutions are available in a variety of applications including on-site, hosted, cloud and managed solutions. For more information about NewNet, visit http://www.newnet.com.

NewNet named as one of the 20 Most Promising Tech Solution Providers for Telecom Industry 2016 by CIOReview

FREMONT, CA—July 7, 2016— NewNet Communication Technologies, a global leader in providing innovative solutions for Telecommunication providers, mobile operators and enterprises, has been ranked as one of the 20 Most Promising Tech Solution Providers for Telecom Industry 2016 by CIOReview.

“It’s a great honor to rank NewNet for its continuous progress in delivering excellent products that enables telecommunication companies to harness more data and offer better services,” said Jeevan George, Managing Editor, CIOReview. “NewNet’s innovation and technologies helps enterprises to grow and achieve business goals, while being flexible enough to evolve in the telecommunications arena.”

NewNet is included in the ranking list based on its achievement in enabling global communication through innovative telecom solutions. Its products include Access Points, Access Service Network Gateways, CPE Devices, Network Management, Connectivity Service Networks and Services. It is an expertise in deploying WiMax utility solutions across all types of terrain to create an optimized network for the most remote customers. Mobile Network Operator’s (MNO’s), Mobile Virtual Network Operators (MVNO’s), Telecommunication carriers and enterprises around the world utilize NewNet Mobile Communication solutions to enable subscribers with SMS, MMS and Rich Communication services. Worldwide Interoperability for Microwave Access (WiMax), a wireless networking technology based on the 802.16e standard that enables high speed data and voice transfer over long distances.

About NewNet Communication Technologies
NewNet is a premier global provider of next generation mobile technology solutions offering over 25 years of expertise across four businesses: Mobile Messaging, Secure Transactions, Interactive Voice Communications and Broadband Wireless. Dedicated to innovation, NewNet provides operators and enterprises with a broad range of solutions that optimize global communication opportunities. NewNet solutions are available in a variety of applications including on-site, hosted, cloud and managed solutions. For more information about NewNet and its businesses, visit www.newnet.com.

About CIOReview
Published from Fremont, California, CIOReview is a print magazine that explores and understands the plethora of ways adopted by firms to execute the smooth functioning of their businesses. A distinguished panel comprising of CEOs, CIOs, IT VPs including CIOReview editorial board finalized the “20 Most Promising Tech Solution Providers for Telecom Industry 2016” in the U.S. and shortlisted the best vendors and consultants. For more info: http://www.cioreview.com/

NewNet Total Control STG System to Drive Secure Transaction Transport for Cube Payment

Cube Payment selects NewNet for secure multi-protocol payment transaction transport with PCI compliance and improved performance

Chicago, IL April 04, 2016 — Cube Payment, Singapore has selected NewNet Communication Technologies Total Control STG Dial systems for secure transaction transport of their Dial POS transactions in Singapore. Total Control STG enables Cube Payment to support merchants throughout Singapore who rely on telephony-based POS systems to complete transactions. Total Control STG consolidates transaction protocol handling, transaction routing, high speed download, multiprotocol support and network routing within a single secure system.

Total Control STG transports millions of transactions per day as a high density transaction processing gateway that uniquely links dial-up POS transaction data with authorization servers supporting TPDU, ISO8583 and custom transaction protocols. As a result, Cube Payment is able to optimize transaction throughput and improve security with a return on investment enhanced by Total Control STG’s high density performance. NewNet Secure Transaction’s global services team contributed to a rapid Cube Payment deployment including on-site training to ensure success.

“Cube Payment selected NewNet solution to enhance its Managed Services capability and service offering by enabling high performance and secured transactions for our dial-up POS customers,” said Benjamin Chua, Head, Technology & Operations of Cube Payment. “NewNet’s expertise in offering state of the art, leading edge payment solution enabled us to cost effectively achieve our system rollout and service deliveries with improved transaction transport security, reliability and performance.”

“Total Control STG’s PCI security, performance and reliability improves Cube Payment’s ability to cost-effectively transport Point of Sales (POS) transactions for merchants throughout Singapore”, said T.K. Cheung, President of NewNet’s Secure Transactions Division. “NewNet’s service and support contributed significantly toward delivering a successful implementation within targeted timelines.”

About Cube Payment Services
Cube Payment is a leading payment solutions and service provider in Singapore that offers unparalleled expertise and commitment across its businesses: Payment Terminal Support Services, Innovative Solutions and Managed Services on its enterprise-grade PCI-DSS certified infrastructure. Cube Payment’s Managed Services hosted a variety of solutions, including high-performance transaction gateway, digital receipt storage, batch file processing and terminal management system. For more information, visit http://www.cubepayment.com.

About NewNet Communication Technologies Secure Transactions
NewNet Communication Technologies’ Secure Transaction offerings includes Dial and IP transaction transport systems consisting of Total Control STG and AG1000 along with the latest TransKrypt™ Point-to-Point Encryption (P2PE) payment security for terminal line encryption and tokenization. These solutions offer secure payment transactions for ecommerce, mcommerce, and mobile payments.

Media Contact:
Steve Chirokas
Vice President, Marketing
steve.chirokas@newnet.com
(781) 929-0015

Globokas Selects NewNet Communication Technologies Secure Payment Transaction Solutions

Globokas deploys NewNet’s AG1000 Secure Transaction Solution to Enhance POS Data Transport Performance and Security

Chicago, IL July 14, 2015 — Globokas, a subsidiary of GTV GlobokasNet LLC., recently selected NewNet Communication Technologies AccessGuard 1000 (AG1000) for secure transaction transport of their IP POS, HTTP transactions, and TLS transactions. The AG1000 upgrades Globokas’s payment processing with high performance IP-based transport for Point of Sale systems along with enhanced network management.

The AG1000 provides best in class security with TLS 1.2 support for mobile and broadband IP payment transaction transport and routing. Traditional IP POS transactions along with HTTPS transactions for e-commerce and m-commerce payments are covered within a single device. This combination ensures the ability to meet current requirements as well as the emerging transaction needs of tomorrow, thus safeguarding payment system infrastructure investments.
“The AG1000 provides Globokas with POS transport security and capacity to better serve our customers now and into the future,” said Jorge Ríos, CIO of Globokas. “The exceptional service and support provided by NewNet in deploying the AG1000 allowed us to rapidly transition from a legacy system with a cost effective solution that enhances throughput and management.”

The AG1000 offers a powerful range of transaction transport, protocol handling, advanced security, network routing and internet payment handling in a compact rack mount, installed within secure network facilities. These features enable Globokas to offer integrated services for IP, GPRS, and Wireless POS together with e-commerce transactions with a unified and easy to manage system. Load balancing and hardware security acceleration functions work to ensure performance under all traffic conditions.

“NewNet’s exceptional combination of payment transaction network technology and experienced customer support ensured integration with existing systems and rapid deployment for Globokas,” said T.K. Cheung, President of NewNet’s Secure Transactions Division. “The AG1000 provides additional insight into performance metrics, significantly upgrades POS transaction transport performance, and allows Globokas to incrementally expand their network as they grow.”

About Globokas
GLOBOKAS PERU SAC. is a subsidiary of GTV GlobokasNet LLC., which is headquartered in Maryland, U.S.A. It was founded in Peru, in 2007, to extend the presence and coverage of financial and business institutions at the national level.. To learn more, visit http://www.globokas.net/home.html

Media Contact:
Steve Chirokas
Vice President, Marketing
steve.chirokas@newnet.com
(781) 929-0015

Paysys Selects NewNet Communication Technologies Secure Payment Transaction Solutions

Paysys deploys NewNet’s AG1000 Secure Transaction Solution To Ensure Data Confidentiality and Safety

Lombard, IL March 25, 2015 — Paysys (M) Sdn Bhd, Malaysia’s home-grown information communication technology expert in the payment card industry, recently selected NewNet Communication Technologies AccessGuard 1000 (AG1000) for secure transaction transport within the Malaysian market. This system will enable the ability to offer new payment routing options with emerging smart devices for e-commerce/m-commerce transactions.
The AG1000 Mobile and Broadband IP Payment Transaction Transport and Routing system provides the highest degree of security to ensure transaction data confidentiality and safety, and improves the efficiency of transaction switching. The solution transports high volumes of IP-based payment requests and authorizations generated from IP POS, Web clients, mobile POS, smart terminal device, and internet based payment terminal devices.

“NewNet’s Secure Transaction Solutions will transport Paysys SSL based IP transactions with load balancing utilizing an integrated system solution delivering the highest levels of security as required by the payment industry,” said T.K. Cheung, President of NewNet’s Secure Transactions Division. “The AG1000 uniquely consolidates HTTPS & SSL transaction routing, SSL acceleration, and load balancing within a single system, providing exceptional scalability within a footprint that optimizes reliability and efficiency.”

As a partner of NewNet Communication Technologies, Paysys will offer NewNet’s Dial, IP transaction transport systems consisting of Total Control STG and AG1000 along with the latest TransKrypt™ Point-to-Point Encryption (P2PE) payment security for terminal line encryption and tokenization.
“The solution from NewNet Communication Technologies makes our Payment Processing Gateway PCI Compliant and provides better throughput & reliability for our customers” says Indran Candiah, Managing Director, Paysys (M) Sdn Bhd.

Interested in learning more about NewNet’s Secure Transaction solutions? Book a meeting with our team at ETA’s Transact 15 in San Francisco, California March 31 – April 5, 2015.

About Paysys (M) Sdn Bhd
Paysys (M) Sdn Bhd is a Malaysian Company involved in supply, maintenance and software development regionally for electronic draft capture and related Banking terminals. It is primarily involved with software implementations for the Credit Card industry and Wireless Gateway connectivity.

NewNet Launches New Payment Security Solution – TransKrypt^™ P2PE with Tokenization

Arlington Heights, IL November 3, 2014 — NewNet Communication Technologies, a global provider of next generation technology with expertise in secure transaction solutions, announced today the launch of its new payment security solution TransKrypt^™; a comprehensive point-to-point and tokenization solution that ensures complete payment data security for P2PE environments.
TransKrypt^™ Point-to-Point Encryption (P2PE) security solution for Terminal Line Encryption and Tokenization allows merchants to limit their PCI compliance scope and reduce risk liabilities. TransKrypt^™ P2PE provides acquirers, processors, financial institutions and network service providers with high-speed encryption and decryption capabilities to ensure the protection of customers’ sensitive transaction data.

“TransKrypt^™ is another shining example of the NewNet Secure Transaction Business Unit’s commitment to providing our global customers with innovative payment security solutions as payment technology evolves” said T.K. Cheung, President of NewNet’s Secure Transaction Processing Division. “With multiple data breaches reported annually, a comprehensive P2PE and Tokenization security solution is vital for securing card sensitive data and significantly reducing the risk of multi-million dollar skimming data breaches”

With TransKrypt^™ P2PE capabilities for Terminal Line Encryption and Tokenization, organizations can ensure protection from transaction security threats by streamlining the end-to-end payment security process.

Based on ANSI X9.24 standards and specified DUKPT mechanisms, TransKrypt^™ P2PE security solution offers complete support for strong encryption such as AES and 3DES. TransKrypt^™ P2PE utilizes FIPS 140-2 Level 3 certified HSM solution to securely store sensitive data and provide high speed encryption and decryption capabilities.

TransKrypt^™ P2PE works seamlessly with NewNet’s existing Secure Transaction Portfolio solutions, processing 20% of all global payment transactions, including the AccessGuard (AG1000) and Total Control STG. The PCI compliant AG1000 and Total Control STG solutions enable fast transaction processing of transaction authorizations and process millions of IP-based transactions per hour.

Want to discuss more about TransKrypt^™ P2PE with Tokenization Security Solution and see a live demonstration of AccessGuard and Total Control STG system ? Visit us at CARTES SECURE CONNEXIONS 2014 in Paris, November 4-6 in Booth 4H019.

About NewNet Communication Technologies
NewNet is a premier global provider of next generation mobile technology solutions offering over 25 years of expertise across four businesses: Mobile Messaging, Payment Security, Interactive Voice Communications and Broadband Wireless. Dedicated to innovation, NewNet provides operators and enterprises with a broad range of solutions that optimize global communication opportunities. NewNet solutions are available in a variety of applications including on-site, hosted, cloud and managed solutions.

For more information about NewNet and its businesses, visit www.newnet.com. Keep up with NewNet news by following NewNet’s Twitter feed at www.twitter.com/NNCT

PAX Technology, Inc. Signs OEM Agreement With NewNet Communication Technologies

Arlington Heights, IL March 28, 2014 – NewNet Communication Technologies LLC, a leading global provider of innovative solutions for next generation mobile, fixed line networks, messaging and transaction processing, announced that PAX Technology , Inc. has signed a North American OEM agreement for NewNet’s Secure Transaction products and solutions.

PAX Technology Inc. (PAX), a leading global provider of electronic payment terminals, will begin to expand their already impressive North American portfolio through NewNet’s Secure Transaction Transport AccessGuard 1000 and the Total Control Secure Transaction Gateway solutions.
“NewNet Secure Transactions is pleased to be a partner of PAX Technology in providing secure transaction transport networking products to PAX’s expanding portfolio in North America” says TK Cheung, President of NewNet Secure Transactions unit. “This will enable PAX’s customers to deploy a complete end-to-end and secure payment solution”.

“NewNet’s extensive network product portfolio provides the same security and reliability that PAX values in its products,” said Andy Chau, president and CEO of PAX Technology, Inc. “Keeping payment transactions secure is the top priority for both PAX and NewNet making our companies a perfect fit to be working together.”
Security is handled with paramount importance on all NewNet Secure Transaction products, services and applications. The NewNet AccessGuard 1000 and Total Control Secure Transaction Gateway solutions provide the highest level of security needed for encrypting sensitive data and enabling safe, reliable transaction transport over several network types. “NewNet Secure Transaction products and solutions are fully compliant to PCI DSS guidelines and ensure the highest level of security for transactions” stated TK.

PAX will be showcasing POS terminals and solutions at the ETA Transact 14 in Las Vegas, Nevada. Visit booth #436 from April 8-10th to learn more about PAX payment solutions.

About PAX (www.pax.us)
PAX is one of the fastest growing POS terminal manufacturers in the world. PAX has been serving the global retail marketplace for over ten years and has distribution in over fifty countries shipping over 6 million terminals worldwide in recent years. PAX offers a complete line of products and services supported by extensive R&D capabilities. In addition to a most competitive pricing model, quality assurance is the company’s top priority which enables PAX to have a strong advantage in the marketplace.

About NewNet Communication Technologies
Headquartered in Arlington Heights, IL, NewNet is a recognized leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transaction processing. NewNet Communication Technologies is a part of the Skyview Capital LLC, portfolio of companies. For further information, please visit newnet.com or skyviewcapital.com.

Spire Payments signs worldwide master distribution agreement with NewNet Communication Technologies

Arlington Heights, IL November 26, 2013 – NewNet Communication Technologies LLC and Spire Payments have entered a distribution agreement for NewNet’s Traxcom Secure Solutions products and services enabling Spire to offer these products and services in all geographies except North America. NewNet is a global leader in mobility technologies with a primary focus in messaging, signalling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transactions, Interactive Voice Response (IVR), and mobile real- time charging and rating.

As Spire Payments continues its geographical expansion it is often asked by prospects and customers to advise on or recommend third party network and routing solutions that are compatible with Spire Payments devices. The TraxcomSecure network lends itself perfectly to the integration of next generation payment solutions such as mobile POS, where a number of different devices such as smartphones and tablets need to be integrated into the existing trusted and secure payments processing environment. This networking functionality provides a good strategic match for Spire Payments’ entire range of POS devices – including the PosMate SmartTM mobile POS unit.

NewNet also delivers the fundamental security capabilities needed to enable safe and reliable transport of financial transactions, security verification, or any data which requires high levels of industry standard data encryption over many network types. Besides traditional payments the Secure Transaction products opens up new opportunities for Spire Payments, especially in the area of MNOs, hospitality and healthcare verticals.

“Given the breadth of our experience in the electronics payment space, our customers have been looking to Spire to build a strong portfolio of payment solutions and to recommend third party secure payment routing and processing platforms. NewNet has a well-deserved reputation for quality and reliability, so we are extremely pleased to be able to offer the Traxcom Total Control and Access Guard products to our customers as part of a complete offering” stated Kazem Aminaee, CEO of Spire Payments.

TK Cheung, President of NewNet Traxcom Secure Transactions unit, stated, “The NewNet Secure Transaction partnership will enable Spire Payments to offer to its customers a complete end-to-end solution for all payment transactions including mobile, EMV, contact and contactless, and represents a win-win opportunity for both parties.”

The NewNet Traxcom Secure solution is being demonstrated at the industry leading Cartes Secure Connections Event during November 19-21 2013 show in Paris, France.

About Spire Payments

Transaction.Interaction.Convergence
In a world of converging technologies in which e-commerce, mobile commerce, and social networks cross over into traditional electronic payment, Spire Payments applies its thirty years of expertise to bring to market innovative, highly secure and future proof devices and solutions that promote seamless payment transactions to all end-points around a user experience that is both interactive and rewarding. Spire Payments, the fastest growing European POS solutions provider, is one of the original pioneers to develop world-class secure electronic payment solutions – from fixed, portable and mobile payment solutions to PIN pads and unattended terminals for integration with cash register systems and self-service kiosks

Serving market segments ranging from the financial and retail to hospitality and transportation and with offices in Spain, the UK, the Czech Republic, Dubai and Hong Kong, Spire Payments is a forward-looking alternative to traditional payment terminal suppliers. With some of the world’s top financial and retail organisations among its customers, the Spire Payments team will always be at the forefront of progress in electronic payments.

NewNet’s AccessGuard 1000 Enables Mobile and Broadband Payments for Middle Eastern Mobile Network Operator, Mobily

Arlington Heights, IL October 21, 2013 — NewNet Communication Technologies LLC along with their reseller, Innovative Solutions, today announced that Mobily has implemented NewNet’s AccessGuard secure broadband and mobile payment platform to fulfill payment transactions for mobile and broadband payments. A wholly-owned portfolio Company of Skyview Capital, NewNet is a global leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transactions, Interactive Voice Response (IVR), and mobile real-time charging and rating.

NewNet’s AccessGuard system provides a solid solution for Mobily to offer Point Of Sale (POS) payment services, SSL IP services for HTTP and internet payment devices. The Access Guard solution provides Mobily with the highest level of performance reliability and PCI DSS standards compliance for security.

Mobily, a major mobile service provider in the Kingdom of Saudi Arabia, will be able to maintain their growth while meeting the unique data communications needs of high volume transaction customers through NewNet’s AccessGuard secure broadband and mobile payment platform. With the NewNet AccessGuard platform, Mobily can now provide enhanced mobile payment services with the highest levels of security and reliability to meet the growing demand for mobile payment services.

PJ Louis, CEO of NewNet, stated, “Our reseller, Innovative Solutions was a key partner in delivering our AccessGuard secure broadband and mobile payment platform to Mobily. Our AccessGuard solution provides Mobily with the advanced mobile payment solutions necessary to implement first rate next-generation wireless services, and carry out high volume, secure transactions for their customer base.” The implementation of the AccessGuard solution was quick, and simple, enhancing Mobily’s existing mobile network with improved service deployment and security from NewNet.

Skyview Capital Builds Portfolio to Enable Telecom and Software Growth

By Rachel Ramsey, TMCnet Web Editor

Despite the gloomy economy for the past few years, there are some industries that have seen immense growth, innovation and development. Take telecom, for example. More than $80 billion in telecommunications and cable transactions have been completed this year, including ones from DISH, SoftBank, Vodafone andVerizon (News – Alert).

“Companies are looking to grow through acquisition as demand slows for wireless and Internet services, and they’re seeking scale so they can afford to build the high-speed networks necessary for the latest mobile and video offerings,” a recentBloomberg (News – Alert) article said.

Skyview Capital, a privately held investment firm that specializes in the acquisition and continuous management of mission-critical enterprises, has built an expertise in carve-out transactions, particularly in the telecom and software sectors, and is actively looking for additional businesses to invest in.

This year, Skyview has definitely kept itself busy. In July it acquired the Mimio online education business from Newell Rubbermaid, which offers interactive teaching technologies to increase effectiveness and engagement in K–12 classrooms. It also acquired Interact Inc. earlier this year, a provider of interactive voices response (IVR) platforms and hosted IVR systems to help improve global communications, and the Tekelec (News – Alert) Mobile Messaging business.
Alex Soltani, chairman of Skyview Capital, said, “Skyview Capital has built up a strong reputation, performing carve out and buyout transactions. We have a team of operating professionals, who work with the management teams to stabilize and grow the acquired businesses.”

In addition to 2013’s acquisitions, Skyview’s current and previous portfolio includes Aserdiv, Collins Communications, Fastech Integrated Solutions (News – Alert), NewNet Communication Technologies, Ixilix, Solvport, PAS Technologies and Transcend Communications (News – Alert). Skyview was recently honored by The Los Angeles Business Journal as one of the Top-25 LA-based private equity firms.

“At Skyview, we strive to create long-term sustainable value within the enterprises we acquire, by providing them the highest level of financial resources and operational acumen necessary to realize and achieve their full business potential. Our investment principles are driven strictly by growth – organic growth, growth through acquisition, and specifically growth through our partnerships with talented executives,” Soltani said.

For more information, visit www.skyviewcapital.com

NewNet Communication Technologies Traxcom Products Ensure Security in Transaction Processes

By Rachel Ramsey, TMCnet Web Editor

The proliferation of mobile devices has led to improved app development, features and capabilities. Think about how many different things you can accomplish from your smartphone or tablet alone – using GPS, sharing via social media, checking e-mail and making banking transactions or purchasing something online are not impossible feats. In fact, a recent U.S. Federal Reserve study found nearly 21 percent of mobile phone users have used mobile banking in the past year, and a Juniper Research (News–Alert) report predicts mobile commerce transactions to exceed $3.2 trillion by 2017. The rise in payment transactions means mobile device and network providers need to be prepared to offer high levels of security, safety and data confidentiality.

NewNet (News – Alert) Communications, a provider of solutions for next-generation mobile, fixed line networks, messaging and transaction processing, offers Traxcomsecure transaction processing solutions to provide a high degree of security to ensure data confidentiality and safety, and improve the efficiency of operations.

TMC (News – Alert) recently caught up with NewNet’s T.K. Cheung, SVP and GM of Secure Transaction Processing Division, to discuss the solutions, how they help set NewNet apart in the industry from competitors, what prompted NewNet to offerPCI (News – Alert) compliance with Traxcom and what’s in store for NewNet in the future.

The Traxcom solutions have facilitated secure, high-speed payments transaction aggregation from millions of POS/ATM/payment terminals and switching and routing of these transactions with high security to backend Financial Authorization Servers for more than 24 years. They target a variety of customers, including transaction acquirers, payment processors, banks, retailers, financial institutions, payment service providers, payment aggregators, transaction network service providers, fixed and mobile telecommunication network providers, Independent Sales Organizations (ISOs).

“We deliver secure payment transaction routing services for the legacy Dial POS terminals, now popular broadband and mobile payment terminals and fast emerging mobile smart POS and NFC Mobile Wallet transactions,” Cheung explained.

The Traxcom product portfolio includes the Total Control Secure Transaction Gateway (STG) Dial Payment processing system, which delivers a specialized suite that enables fast transaction processing of credit card authorizations, debit card fund transfers and health benefit authorizations, and AccessGuard 1000 Mobile and Broadband IP Payment Processing gateways, which are designed to process high volumes of IP-based authorization and payment queries generated from a “smart card” terminal device, and internet based payment terminal devices.

“Speed, security, stability and system availability are the key requirements of payment transaction systems and these hold the key parameters of NewNet Traxcom products as proven in the industry with our deployments with Tier 1 Acquirers, Processors, Wireline Carriers, MNOs (Mobile Network Operators) etc.,” said Cheung. “Security is the most critical aspect of payment transactions and having been in this business and working with some of the largest Tier 1 Acquirers, processor and carriers globally, we have remained in the forefront of offering most advance security for payment routing solutions with latest cryptographic methodologies.”

“NewNet’s Secure Transactions Business Unit provides mission-critical solutions to allow carriers and financial institutions to securely process electronic payment Transactions globally. As new point of sale (POS) payment platforms arise, there will be increased opportunities for NewNet’s Secure Transactions products and services. We are seeing traction domestically as these new digital payment platforms proliferate and as acquirers and ISOs seek innovative, customer-focused suppliers. We also see enormous growth in demand in emerging markets, which are experiencing rapid increases in credit card penetration and volumes,” said Matt Thompson, SVP corporate development, NewNet Communication Technologies
NewNet has integrated transaction processing, security handling, load balancing and network routing into a single system, thereby enabling customers to avoid the need for separate systems for each of the different functions.

“Our systems enable the customers to offer new payment solutions on emerging client/terminal devices by still connecting to existing authorization servers, thus bridging the future with present day systems,” said Cheung.

Traxcom and PCI Compliance

The Payment Card Industry (PCI) Data Security Standard represents a common set of industry standards to ensure the safe handling of sensitive payment card data information. These standards are founded by global payment brands – American Express, Discover Financial Services, JCB International, MasterCard (News – Alert)Worldwide and Visa Inc. – and have industry-wide participation from the payment industry ecosystem players comprising of banks, acquirers, processors, merchants, system providers, application developers and more. The PCI Security Standard council is responsible for the development, management, education and awareness of the PCI Security Standards, which cover the security requirements associated with multiple aspects of the payment industry.

NewNet serves a major role in the payment ecosystem. NewNet delivers market payment solutions that offer a true understanding of core payment functionalities, technology edge and far sighted vision which attempts to meet the following:

Enables the masses to make seamless payment transactions from mobile devices for card and non-card alternative payments
Offer integrated solutions for tokenization, data encryption, certificate management solutions for enhanced security of transactions
Advance commerce solutions for content streaming to POS devices which are touch points to consumers while in the middle of transaction authorization process
Provide innovative payment routing solution that avoids the need to store credit/debit card data or customer information on mobile devices for payment purposes
Work with financial institutions to offer payment processing systems that prevents the transfer of sensitive card data across public networks benefiting acquirers, processors, carrier and banks
Offer multicurrency and dynamic currency conversion solutions coupled with payment switching and routing
Ensure increased revenues for all entities in payment ecosystem by enabling faster, secure and reliable means of payment handling for e-commerce and m-commerce transactions

Putting Traxcom to Use
Point-of-sale (POS) acquirers and processors deploy NewNet’s Traxcom solutions for aggregating dial, broadband/mobile IP POS transaction from the merchant locations, utilize the multiple protocols supported on TC STG and AG1000 systems to handle a variety of transaction types, routes the transactions to the specific hosts depending on the transactions with high speed and security. They also collect transaction session data records for statistics, traffic reporting etc. to enhance their transaction management capabilities.

The solutions empower MNOs or wireline/broadband telcos to derive new sources of revenue and have a major role in the payment ecosystem, including one or more of the several possible services of mobile/broadband/dial transaction acquiring, mobile/broadband/dial POS transaction transport as a VAS and mobile NFC wallet payment transaction routing.

“We have a clear vision for the payment industry for today and tomorrow as we stay ahead of the technology curve and move along the path breaking changes in the areas for new payment options, new devices with advanced service capabilities and security enhancements and strive to bring those benefits in our products to the market as quick as the market can adopt,” Cheung said.

NewNet Communication Technologies Expands Sales Team to Grow Secure Transaction Solutions

By Rachel Ramsey, TMCnet Web Editor

Every day, the number of features, functions and capabilities on mobile devices continues to expand. One of the most common uses of these mobile devices, whether it’s a smartphone, tablet or laptop, is for financial purposes. Mobile banking, wallets and payments have become prominent-use cases in today’s on-the-go world, which require very secure solutions.

NewNet (News – Alert) Communication Technologies is a provider of mobility technologies focusing on messaging, signaling, wireless broadband, consumer Internet, multimedia content delivery, mobile advertising, secure transactions, interactive voice response (IVR) and mobile real-time charging and rating. The company hired four additional regional sales directors to its global sales team in the past six months in an effort to grow its secure transaction solutions for mobile payments, e-banking, transaction acquirers, payment processing, retailers, educational networks, NFC, mobile wallets and service providers.

“The NewNet Secure Transactions division offers a highly secure IP, dial, and mobile payment transaction switching router utilizing the latest technologies with high-performance dual crypto processors, extensive network management features, CDR analysis and reporting,” said TK Cheung, SVP and general manager, in a statement.
NewNet’s Traxcom AccessGuard portfolio is a suite of secure, high-performance, carrier-grade transaction processing gateway solutions. It enables mobile carriers, payment processors and acquirers, and financial application providers to expand traditional payment transaction services into the mobile universe and deliver new innovative services on smartphones, Bluetooth-enabled devices and apps.

Matt Thompson, NewNet SVP of marketing, said, “We are very excited to supplement our Secure Transactions’ division Regional Sales team. We have compelling products which can uniquely serve the growing needs of telecom and financial services providers in established and emerging markets. NewNet is able to leverage its deep knowledge of financial processing routers to deliver innovative solutions to our customers. The global electronic payments business is evolving rapidly and NewNet is at the forefront.”

NewNet also provides cloud-based voice broadcasting and outbound IVR solutions that offer flexibility in providing high-quality customer service, lower costs and a vehicle for alternative marketing campaigns to gain customer retention. It acquired hosted IVR platform Nimblevox by Interact earlier this year.

NewNet Communication Technologies Expands Global Sales Team to Grow Secure Transaction Router Business

Arlington Heights, IL July 8, 2013 - NewNet Communication Technologies, LLC, a wholly-owned Portfolio Company of Skyview Capital, and a global leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer Internet, multimedia content delivery, mobile advertising, secure transactions, Interactive Voice Response (IVR), and mobile real-time charging and rating, is pleased to announce the hire of four additional regional Sales Directors to their Global Sales team.

The addition of the Total Control compact IP transaction accelerator and Total Control Gateway to NewNet’s robust secure transaction portfolio provide enhanced transaction processing and security, and currently processes billions of transactions worldwide. TK Cheung, SVP and General Manager, says, “The NewNet Secure Transactions division offers a highly secure IP, dial, and mobile payment transaction switching router utilizing the latest technologies with high-performance dual crypto processors, extensive network management features, CDR analysis and reporting.” NewNet looks to expand their global reach of providing proven secure transaction solutions for Mobile payments, e-banking, transaction acquirers, payment processing, retailers, educational networks, NFC, mobile wallets and service providers. The latest enhancements to NewNet’s secure transaction portfolio provide unparalleled transaction routing, direct forwarding, enhanced encryption, and integrated payments, all on a PCI DSS industry standard security compliant system. Matt Thompson, NewNet SVP of Marketing, says “We are very excited to supplement our Secure Transactions’ division Regional Sales team. We have compelling products which can uniquely serve the growing needs of telecom and financial services providers in established and emerging markets. NewNet is able to leverage its deep knowledge of financial processing routers to deliver innovative solutions to our customers. The global electronic payments business is evolving rapidly and NewNet is at the forefront.”

As part of their global expansion goals, NewNet has added four new Regional Sales Directors to their team over the past 6 months. Edison Lima joined the NewNet team as the Regional Sales Director for Latin America after previous roles at Getnet and Hypercom. Mr. Lima brings over 20 years’ experience in corporate sales specializing in large contracts in the area of transaction processing and means of payment.
Dave Holman joined NewNet as the Regional Sales Director for North America after previous roles as the VP of Sales and Business Development for PayCommerce and EZIC, VP of Sales and Operations at Fast Transact, VP of Sales at Century Payments, and President of Foundation Merchant Services. Mr. Holman brings over 35 years of Sales Management experience at a senior level, and has brokered deals with the World’s two largest IBO companies as well as the largest professional sports brand in the World.

Tony Timpano joined NewNet as the Regional Sales Director for the EMEA region after previous roles at Hypercom and Ingenico. Mr. Timpano brings over 30 years of experience in computing and telecommunication sales and service, providing transaction process systems for fortune 500 companies as well as ISO’s throughout North America and abroad.

David Neo joined NewNet as the Regional Sales Director for APAC after previous roles at Verifone, Hypercom, and Vivotech. Mr. Neo brings over 30 years of experience, along with an extensive background in electronic funds transfer or transaction processing, mobile payments, smart cards, contactless RFID/ NFC payments, debit and credit cards.

“The continued growth of our secure transactions business, along with the addition of our Total Control, and Total Control Gateway solutions demonstrate our unrelenting commitment to excellence, as well as make us an attractive Network Access Control solution for financial services companies, processors, acquirers, and electronic payments companies.” said P.J. Louis, CEO of NewNet. “By adding experienced and highly respected professionals to our Global Sales team, we will remain well-positioned to handle the fast-pace growth we expect throughout 2013 and beyond.”

NewNet Communication Technologies to Partner with PCI Security Standards Council to Improve Payment Data Security Worldwide

As Council’s newest Participating Organization, NewNet Communication Technologies to contribute to the development of PCI Security Standards

Arlington Heights, IL April 16, 2013 — NewNet Communication Technologies, LLC, a wholly-owned Portfolio Company of Skyview Capital, announced today that it has joined the PCI Security Standards Council as a new Participating Organization. NewNet is a global leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transactions, Interactive Voice Response (IVR), and mobile real-time charging and rating. NewNet will work with the Council to achieve and improve payment data security worldwide through the ongoing development of the PCI Security Standards, including the Payment Card Industry Data Security Standard (PCI DSS), PIN Transaction Security (PTS) requirements and the Payment Application Data Security Standard (PA-DSS).

Endorsed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the PCI Security Standards require merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data protection. To enhance payment data security globally while embracing new technologies as they are developed, the Council relies on involvement of those across the payments processing chain, from merchants and service providers to payment device manufacturers and software developers, financial institutions and processors.

As a Participating Organization, NewNet adds its voice to the standards setting process and will receive previews of drafts of standards and supporting materials in order to provide feedback to shape their final versions, as well as engage a growing community of more than 600 organizations united to improve payment security.
NewNet will also have the opportunity to recommend new initiatives for consideration to the PCI Security Standards Council, participate in exclusive webinars and question and answer sessions with Council representatives, and review and discuss new versions of the PCI Security Standards while sharing cross-sector experiences and best practices at the annual Community Meetings.

“In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against network security threats and data breaches,” said Bob Russo, General Manager of the PCI Security Standards Council. “By joining as a Participating Organization, NewNet demonstrates they are playing an active part in mitigating the threats and improving the security of the payment chain globally by driving the security standards to higher levels of adoption and strength.”

NewNet’s CEO, PJ Louis, said: “We are pleased to become a Participating Organization member of the PCI Security Standards Council. “As a member NewNet will play a direct role in the ongoing development of PCI standards while providing the highest levels of security for our TraxcomSecure transaction processing product line.”

About the PCI Security Standards Council
The PCI Security Standards Council is an open, global forum that is responsible for the development, management, education and awareness of the PCI Data Security Standard (PCI DSS) and other standards that increase payment data security. Founded in 2006 by the major payment card brands American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the Council has more than 600 Participating Organizations representing merchants, banks, processors and vendors worldwide. To learn more about playing a part in securing payment card data globally, please visit: pcisecuritystandards.org

Connect with the PCI Council on LinkedIn: http://www.linkedin.com/company/pci-security-standards-council Join the conversation on Twitter: http://twitter.com/#!/PCISSC

PCI Security Standards Council
Laura K Johnson, Ella Nevill
781-876-6250
press@pcisecuritystandards.org

NewNet Communication Technologies Appoints T.K. Cheung as Senior Vice President and GM of Secure Transactions Business Unit

Arlington Heights, IL February 4, 2013 — NewNet Communication Technologies, LLC, a global leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transactions has appointed T.K. Cheung as SVP and GM Secure Transactions business unit. In this role, Cheung is responsible for overseeing all activities related to sales, products, services and support for the secure transaction switching product lines, reporting to PJ Louis, CEO of NewNet Communication Technologies.

“I am pleased to welcome T.K. Cheung to lead the Secure Transactions business in NewNet” Louis said. “His extensive industry knowledge and global experience will definitely help expand NewNet’s Secure Transactions business across the world.”

Cheung has over 30 years of experience in the electronic payments and telecommunications industries with proven track record in P&L management, process analysis and re-engineering in a global arena. He has played instrumental roles in releasing revenue-generating products and acquiring customers.

Cheung has held a number of international and US-based positions for Hypercom, Equinox and American Express. Most recently, Cheung was Senior Vice President of Research & Development at Equinox Payments, subsequent to the acquisition and divestiture of Hypercom USA by VeriFone, Inc. During his 19 years’ at Hypercom Corporation, Cheung held a variety of leadership roles covering business development, product management and engineering in the US and Asia, including Vice President of Global Quality & Security and Managing Director for Asia Pacific. Before joining Hypercom Corporation, T.K. took up several important technical roles at American Express in Hong Kong and the United Kingdom.

About NewNet Communication Technologies
Headquartered in Arlington Heights, IL, NewNet is a recognized leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transactions. NewNet Communication Technologies is a part of the Skyview Capital LLC, portfolio of companies. Skyview Capital, LLC, is a private investment firm that specializes in the acquisition and management of companies across multiple sectors of technology, telecommunications, services, and niche manufacturing. For further information, please visit www.newnet.com

NewNet Communication Technologies Launches Conexus Partner Program

Arlington Heights, IL February 1, 2013.— NewNet Communication Technologies, LLC, a global leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transaction processing launched the NewNet Conexus Partner Program today. This partner program is designed to accelerate and grow NewNet Conexus Partners sales and revenue.

NewNet Conexus Partner Program is a flexible, benefits rich channel partner program offered by NewNet Communication Technologies to facilitate collective success for NewNet and NewNet partners. This multi-tiered program helps NewNet partners take advantage of new opportunities and niche solutions in the communication market and generate revenue potential by leveraging NewNet’s innovative secure transaction processing and mobile messaging platforms. Focused on mutual success, the NewNet Conexus Partner Program rewards NewNet partners for their expertise in key technologies and local markets with attractive incentives, innovative products, comprehensive training, as well as professional sales and marketing support. NewNet is committed to supporting our NewNet channel partners every step of the way to success and offer a partner program that is built on value, innovation and commitment.

“Our partners are our priority” emphasizes PJ Louis, CEO of NewNet Communication Technologies. “We truly believe that value-added resellers, system integrators, and OEM partners are critical to NewNet’s success. In return, NewNet partners will receive great incentives, huge support and the rich resources they need to sell and implement NewNet solutions. We are confident that NewNet’s best-of-breed partner management models will bring a mutual success to NewNet and NewNet partners.”

About NewNet Communication Technologies
Headquartered in Arlington Heights, IL, NewNet is a recognized leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transaction processing. NewNet Communication Technologies is a part of the Skyview Capital LLC, portfolio of companies. Skyview Capital, LLC, is a private investment firm that specializes in the acquisition and management of companies across multiple sectors of technology, telecommunications, services, and niche manufacturing. For further information, please visit www.newnet.com

NewNet Communication Technologies Introduces the Total Control Secure Transaction Gateway-dial

The Next Generation Dial Access Payment Transaction Switching and Routing Gateway
Arlington Heights, IL October 16, 2012.— NewNet Communication Technologies, LLC, a global leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transaction processing launched today at the Electronic Transaction Association’s (ETA) Strategic Leadership Forum a new Total Control product: Secure Transaction Gateway-dial (STGd), NewNet’s next generation solution for carrier class transaction network service providers. Leveraging the widely deployed Total Control platform, the Total Control STGd offers a small form factor dial, IP and X.25 payment transaction switching and routing powerhouse with great emphasis on performance, scalability and security.

Running on an industry standard rack server, the STGd system is designed with the best of breed features: carrier grade processing with the latest Intel Dual-Core Sandy Bridge processors, advanced TI DSPs, an industry grade real time Linux operating system, and a high density of E1/T1s per server. The mighty punch of the Total Control STGd is packed in a power efficient, small footprint 1U form factor and it is linearly scalable to thousands of DS0s. Beneath the surface lies the feature rich and secure computing application framework capable of virtualization, logical segregation, load balancing across modem spans and authorization servers.

Integrating with network management, monitoring, configuration handling, statistics, billing, and reporting applications, the Total Control STGd system expands the opportunities for customers to avail new generation application services.

Total Control STGd exceeds PCI compliance requirements and brings in unparalleled mechanisms to guarantee that the market leading platform continues to push the envelope to keep your data safe. Intelligent fail safe mechanisms ensure that configurations can only be applied if they are standards compliant, eliminating security risks before they emerge. By offering the latest security protection mechanisms and hardened encryption capabilities, advanced key algorithms and key exchange methods, the Total Control STGd builds a strong foundation for payment transaction processing.

“Total Control STGd is small, powerful, green and extremely secure” emphasizes Roger Pavane, Executive Vice President Sales & Marketing of NewNet Communication Technologies “with options to evolve into Modem Over IP and SIP based packet data network interfaces for data offloading from PSTN networks for faster and cost efficient modes of transactions, Total Control STGd ensures that your investment remains future proof.”

About NewNet Communication Technologies
Headquartered in Arlington Heights, IL, NewNet is a recognized leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer internet, multimedia content delivery, mobile advertising, and secure transaction processing. NewNet Communication Technologies is a part of the Skyview Capital LLC, portfolio of companies. Skyview Capital, LLC, is a private investment firm that specializes in the acquisition and management of companies across multiple sectors of technology, telecommunications, services, and niche manufacturing. For further information, please visit www.newnet.com

NETS Selects NewNet Solution

Singapore based NETS upgrades to NewNet’s high density Total Control 1000 system for delivery of secure payment services
Arlington Heights, IL – July. 13 , 2012 – NewNet Communication Technologies announced today that NETS (Network for Electronic Transfers Singapore), Singapore’s largest payment, distribution and financial transaction processing services company, selected NewNet’s industry leading TraxcomSecure Total Control 1000 secure payment gateway platform for the expansion and upgrade of its payments transaction processing network. NewNet Communication Technologies is a recognized leader in secure transaction processing, mobile multimedia content delivery and wireless network infrastructure solutions.

NETS is Singapore’s largest merchant acquirer and has the largest terminal base in the country. Worldwide adoption of e-commerce and m-commerce payments is fully under way and the Asia region is at the forefront of this growth. JP Morgan has predicted that the Asian retail e-commerce market excluding travel will double from about US$156 billion in 2010 to US$323 billion by 2013. The Singapore online shopping market size is set to explode from about Sg$1.1 billion in 2010 to Sg$4.4 billion by 2015. NETS has selected and deployed the NewNet Total Control 1000 dial gateway solution to address the increased network capacity needs.

“We are delighted to be a key component in the growth of the NETS network,” said Mary Lynch, Director of Marketing and Sales Alignment “According to a Yankee group report some of the most enthusiastic adopters of e-commerce and m-commerce are in Asia, with the market projected to grow over 70% and over 69% of the respondents indicated that they favored the use of a mobile phone for payment transactions. This kind of an innovative early adoption environment is where NewNet excels, because our solution delivers the highest standards of availability, reliability, security and performance necessary to drive the rapid use of advanced payment transaction services. The selection of our solution by NETS is a validation of our ability to help our customers evolve their service offerings to keep pace with their growth and capacity needs.”

The NewNet Total Control 1000 Trax 2.5 system offers a market-leading solution for dial-based carrier class transaction network services to service providers, merchant acquirers and payment processors. The recently enhanced payments platform provides specialized software to enable faster transaction processing of credit card and debit card authorizations, fund transfers, and health and other electronic benefits transfers. The high-density TC1000 platform speeds transaction times with features such as Fast Connect, and supports transaction protocols such as VISA I/II, ISO 8583, TPDU and several custom protocols.

The NewNet AccessGuard 1000 platform provides the required end-to-end security features for mobile and broadband payment transaction processing, including SSL acceleration and offloading, digital certificates, and state-of-the-art DUKPT powered encryption and decryption. Secure connectivity to host processor systems is provided using IPsec. The AccessGuard portfolio of products supports a broad variety of industry standards and vendor-proprietary payment protocols, including Visa I/II, ISO 8583 and TPDU, enabling interoperability between client protocols and host processor protocols. Innovative applications and services such as mobile wallet, Smart Cash and mobile money transfers can be delivered using the AccessGuard platforms.

About NewNet Communication Technologies, LLC
NewNet Communication Technologies, LLC, is a leading provider of innovative solutions for next generation mobile and fixed line networks. NewNet enables global telecom operators and equipment manufacturers to rapidly develop and deploy cutting edge, revenue-generating applications that deliver feature-rich, value added services. Recognized as a trusted leader in the carrier applications market for over 20 years, NewNet has been synonymous with telecom product excellence and development expertise. The company is committed to providing unparalleled service to its customers. With installations in major carrier networks in over 70 countries, NewNet’s product offerings include: The WiMAX end to end wireless broadband product portfolio; TraxcomSecure electronic transaction processing solutions, which deliver services such as mobile payments, e-banking, and e-commerce; Mercury, the industry’s most complete purpose-built, mobile multimedia content delivery platform; and the Total Control PDSN platform, which provides economic delivery of premium mobile data services in CDMA networks. Other products include Distributed7, the world’s first standards-based signalling platform, and a short message service center (SMSC), which has been deployed in more than 200 wireless networks worldwide. The company is headquartered in the USA, with sales and support teams located around the world. NewNet is a wholly owned portfolio company of Los Angeles based private investment firm Skyview Capital LLC., Skyview Capital specializes in the acquisition and strategic management of mission-critical, industry-leading businesses in services and technology.

For more information, visit:
www.newnet.com
www.skyviewcapital.com

Elavon Leverages NewNet Payment Processing Solutions in South America

Leading global acquirer deploys NewNet’s Total Control 1000 Dial Transaction Gateway

Shelton, CT – April 4, 2012 – Elavon, a leading global merchant acquirer, has selected NewNet ‘s proven, market leading transaction processing solution for its operation in the fast growing Brazilian payments market. Recognized as one of the top ten payment acquirers in the world, Elavon announced today that it has deployed NewNet’s TraxcomSecure® Total Control 1000 (TC1000) Dial Transaction Gateway platform as the centerpiece of its state-of-the-art payments processing network in Brazil.

NewNet’s TC1000 system will be deployed in multiple locations to meet the capacity and performance requirements of Elavon’s network in Brazil. This high-speed transaction network has the capability to handle several million transactions per year and will enable Elavon to deliver innovative payment solutions for secure point-of-sale devices. Brazil is experiencing robust growth in consumption and credit volume. NewNet payment systems will help Elavon to compete in this fast growing market that demands scale, experience, service quality and innovation.

“We are glad to be building our operations in Brazil together with NewNet payment platforms,” said Sergio Pironato, I.T. Director at Elavon, Brazil. “We have great confidence that the efficiency, security, and performance of NewNet’s market leading payment processing systems will enable us to deliver innovative and superior m-commerce and e-commerce payments services in Brazil.”

NewNet’s payment processing product portfolio includes dial, broadband and mobile payment solutions on the TC1000 and AccessGuard platforms. These solutions enable mobile and wireline carriers, payment processors and acquirers, and financial application providers to expand traditional payment transaction services into the mobile and broadband universe. Carriers can deliver new and innovative payments services on mobile phones, Bluetooth-enabled devices, NFC equipped mobiles, tablets, and other mobile devices with card readers.

“Elavon is a highly successful world leader in the transaction processing arena, and NewNet has a strong history of network support with Elavon in North America and Europe. We are delighted that they have selected us as they expand into Brazil, one of the fastest growing payment processing markets. This market is also a key focus and investment opportunity for NewNet,” said P.J. Louis, NewNet Interim CEO. “The highly secure high density TC1000 solution inter-operates with Point of Sale devices from any manufacturer. NewNet provides a proven platform, with coveted economies of scale, and the highest standards of availability, reliability, security and performance. Our payment transaction customers require this kind of innovative performance and value the expansion capabilities of NewNet’s platform.”

The NewNet Total Control 1000 Trax 2.5 system offers the market-leading solution for dial-based carrier class transaction network services to service providers, merchant acquirers and payment processors. This dial transaction gateway provides specialized software to enable faster transaction processing of credit card and debit card authorizations, fund transfers, and health and other electronic benefits transfers. The high-density TC1000 platform speeds transaction times with features such as Fast Connect, and supports transaction protocols such as VISA I/II, ISO 8583, TPDU and several custom protocols.

The NewNet AccessGuard platform provides the required end-to-end security features for mobile and broadband payment transaction processing, including SSL acceleration and offloading, digital certificates, and state-of-the-art DUKPT powered encryption and decryption. Secure connectivity to host processor systems is provided using IPsec. The AccessGuard portfolio of products supports a broad variety of industry standards and vendor-proprietary payment protocols, including Visa I/II, ISO 8583 and TPDU, enabling interoperability between client protocols and host processor protocols. Innovative applications and carrier services such as mobile wallet, Smart Cash and mobile money transfers can be delivered using the AccessGuard platforms.

NewNet will be showcasing and demonstrating its mobile payment solutions portfolio at the upcoming ETA (Electronic Transaction Association) Trade Show, to be held in Las Vegas April 17-19, booth 1200.

About Elavon
Elavon’s Global Acquiring Solutions organization is a part of U.S. Bancorp (NYSE: USB) and provides end-to-end payment processing services to more than one million merchants in the United States, Europe, Canada, Mexico, Puerto Rico and Brazil. Elavon markets solutions including credit and debit card processing, electronic check services, gift cards, dynamic currency conversion, multi-currency support, and cross-border acquiring through multiple alliance channels including financial institutions, trade associations and third party sales agents. Elavon’s suite of solutions is tailored to meet the needs of merchants in specialized markets such as small business, retail, hospitality/T&E, health care, education and the public sector. Elavon Brazil is a joint venture between Elavon and Credicard created to offer a full suite of payment solutions to the Brazilian marketplace.

About NewNet Communication Technologies, LLC
NewNet Communication Technologies, LLC is a leading provider of innovative solutions for next generation mobile and fixed line networks. NewNet enables global telecom operators and equipment manufacturers to rapidly develop and deploy cutting edge, revenue-generating applications that deliver feature-rich, value added services. Recognized as a trusted leader in the carrier applications market for over 20 years, NewNet has been synonymous with telecom product excellence and development expertise. The company is committed to providing unparalleled service to its customers. With installations in major carrier networks in over 70 countries, NewNet’s product offerings include: The WiMAX end to end wireless broadband product portfolio; TraxcomSecure® electronic transaction processing solutions, which deliver services such as mobile payments, e-banking, and e-commerce; Mercury, the industry’s most complete purpose-built, mobile multimedia content delivery platform; and the Total Control PDSN platform, which provides economic delivery of premium mobile data services in CDMA networks. Other products include Distributed7, the world’s first standards-based signaling platform, and a short message service center (SMSC), which has been deployed in more than 200 wireless networks worldwide. The company is headquartered in the USA, with sales and support teams located around the world. For more information, visit www.newnet.com

NewNet Launches TraxcomSecure® AccessGuard 1000 Enhanced Mobile Broadband Payments Gateway

Expands Portfolio with Highly Secure and Highly Scalable Payment Gateway Solution
—Integrated gateway with Transaction Security, Protocol Processing and Transaction Routing
—Supports SSL based transport encryption as well end to end data encryption
—High performance and Highly scalable

Shelton, CT – April 13, 2012 – NewNet Communication Technologies, a recognized leader in secure transaction processing and wireless network infrastructure, today announced a powerful new addition to its field proven and widely deployed AccessGuard mobile and broadband payment processing product portfolio. The state-of –the-art AccessGuard 1000 (AG1000) platform provides customers enhanced security, performance and scalability to deliver advanced payment and financial processing services and address the explosive growth of mobile and broadband financial transactions globally.

The AG1000 product is delivered on off the shelf Intel based servers running Linux in a compact 1U or 2U form factor. The inclusion of specialized hardware accelerators on the server platforms enables the AG1000 to scale to very high rates of simultaneous transactions processed. The AG1000 inherits all the capabilities of the AccessGuard portfolio to deliver field proven support for a broad range of transaction protocols, flexible transaction routing, ease of management and superior analytics and reporting with the integration of the AccessView reporting server.

“Globally, mobile payment transactions continue to grow and portend a much lesser need for cash in the near future,” said Amy Cravens, Senior Analyst of Mobile Payments, NPD / In Stat. “With transactions projected to exceed $636 billion in 2016, having a system like the AccessGuard 1000 that can scale to meet increasing demand is a high priority for carriers and payment acquirers.”

The ubiquitous availability of mobile devices has spurred advances in NFC technology and the availability of mobile wallet solutions from a broad swath of players in the payments market. The industry recognizes the opportunity to further simplify the electronic payments process and enable the adoption of stored value mobile prepaid transactions worldwide by consumers. Providing secure transport of these mobile based transactions as well as enhanced security for the end to end data increases the safety and in turn the adoption of these technologies.

“The launch of the AG1000 platform demonstrates our commitment to solidify and grow our global leadership position in the payments processing and financial transactions market,” said P.J. Louis, NewNet Interim CEO. “The AG1000 platform provides a high performance, highly secure and scalable solution and enables our customers to deliver advanced and innovative services to exploit the growth in the payments market. The TraxcomSecure product portfolio, with the addition of the AG1000, provides a robust solution set for our customers to accommodate this growth and achieve their financial goals.”

NewNet will present a comprehensive demonstration of the TraxcomSecure® product suite at the ETA (Electronic Transaction Association) exposition in Las Vegas, April 17-19, 2012 exhibiting in stand 1200. The demonstrations will illustrate how the AccessGuard platforms provide end-to-end contactless payment solutions utilizing smart phones and Bluetooth swipe devices.

Skyband Upgrades Secure Payment Network with NewNet Solution

Skyband deploys NewNet’s Total Control 1000 & AccessGuard 500 systems for delivery of secure dial, internet and GPRS payment services

Shelton, CT – Jan 24, 2012 – NewNet Communication Technologies announced today that Skyband, the leading merchant acquiring service provider in Saudi Arabia, and one of the top end-to-end payment service solution providers in the Middle East, has upgraded its state of the art payments processing network with NewNet’s TraxcomSecure® portfolio of dial, IP and mobile payment products. NewNet Communication Technologies is a recognized leader in secure transaction processing, mobile multimedia content delivery and wireless network infrastructure solutions.

NewNet’s payment processing product portfolio provides secure transaction processing across dial, broadband and mobile access technologies with its Total Control 1000 (TC1000) and AccessGuard (AG) platforms. The TC1000 and the AG500 systems will be deployed at several points of presence to meet the capacity and performance requirements of Skyband’s expanding payments network. This high-speed transaction network has the capability to handle several million transactions and will enable Skyband to deliver innovative payment solutions. In the fast growing Middle Eastern countries increased card usage has driven a surge in electronic payment transactions. NewNet’s payment platforms will help Skyband compete in a growing market that demands scale, experience, service, quality and innovation.

“Strong growth in our payment transaction business prompted us to seek a vendor with a proven track record who can help us plan for the future, as well as accommodate our immediate needs. We are very pleased to partner with NewNet to upgrade our payments network infrastructure,” said Osman Oueida, Executive Vice President at Skyband. “We believe that the efficiency, security, and performance offered by NewNet’s market leading payment processing systems will enable us to deliver advanced and superior m-commerce and e-commerce payment services through our network. This upgrade complements our growth objectives to offer our service capabilities in the broader Middle East market, including our NFC (near field communications) initiatives. We are especially pleased with the deployment speed and the world class support we have received from NewNet.”

“As a fast adopter of advanced mobile technologies, with keen market interest in newer payment technologies, the high growth Middle East market is a vital focus of investment opportunity for NewNet,” said Ron Pyles, President and CEO at NewNet. “We are very delighted to work with a leading payment services provider such as Skyband as they expand their services and presence in the region. We can interoperate with point-of-sale devices from any manufacturer, and our high density TC1000 and AG500 solutions provide customers a robust and proven platform. The solution set delivers the highest standards of availability, reliability, security and performance necessary to drive the rapid adoption of advanced payment transaction services.”

The NewNet TC1000 Trax 2.5 System offers a market-leading solution for dial-based carrier class transaction network services to service providers, merchant acquirers and payment processors. The recently enhanced payments platform provides specialized software to allow faster transaction processing of credit card and debit card authorizations, fund transfers, and health and other electronic benefits transfers. The high-density TC1000 platform speeds transaction times with features such as Fast Connect, and supports transaction protocols such as VISA I/II, ISO 8583, TPDU and several custom protocols.

The NewNet AccessGuard platforms provide the required end-to-end security features for mobile and broadband internet payment transaction processing, including SSL acceleration and offloading, digital certificates, and state-of- the-art DUKPT powered encryption and decryption. IPsec provides secure connectivity to host processor systems. The AccessGuard Product Portfolio supports a broad variety of industry standards and vendor-proprietary payment protocols, including Visa I/II, ISO 8583 and TPDU, enabling interoperability between client protocols and host processor protocols. Innovative applications and services such as NFC payments, mobile wallet, Smart Cash and mobile money transfers can be delivered using the AccessGuard platforms.

NewNet will be showcasing and demonstrating its mobile payment solutions portfolio at the upcoming Mobile World Congress, to be held in Barcelona from February 27 to March 1, in Hall1 Booth 1D19.

About Skyband
Skyband is a member of the Saudi Inteltec Group and is one of the first VSAT service providers in the Kingdom of Saudi Arabia under the license received from the Communication and Information Technology Commission (CITC). Skyband operates VSAT Services, a Network Operation Center and Data Center Managed Services in the Kingdom of Saudi Arabia and offers the latest satellite and VSAT communication technologies for data, voice and video transmission. The Skyband network allows high speed, reliable, robust, cost-effective, scalable and secured communication across the Kingdom and can be availed by all industry segments. Skyband provides end-to-end payment processing services to a significant proportion of merchants in Saudi Arabia. Skyband offers payment services over Dial, IP and Mobile payment devices and terminals and are leaders in the technology area in the region. Skyband designs, delivers and manages customized network solutions for Branch Connectivity. These solutions can be any of the following: (point-to-point, point-to-multipoint, and multipoint-to- multipoint), GSM network and backhauls (cell-on-wheels), ATM and net banking connectivity, mobile ATMs, business continuity planning, Data Center Managed Services (co-location hosting, network-security-storage management, etc.), Network Managed Services, internet access over VSAT carrier, ERP connectivity solutions, video-conferencing, and multicast e-learning solutions.

About NewNet Communication Technologies, LLC
NewNet Communication Technologies, LLC is a leading provider of innovative solutions for next generation mobile and fixed line networks. NewNet enables global telecom operators and equipment manufacturers to rapidly develop and deploy cutting edge, revenue-generating applications that deliver feature-rich, value added services. Recognized as a trusted leader in the carrier applications market for over 20 years, NewNet has been synonymous with telecom product excellence and development expertise. The company is committed to providing unparalleled service to its customers. With installations in major carrier networks in over 70 countries, NewNet’s product offerings include: The WiMAX end to end wireless broadband product portfolio; TraxcomSecure® electronic transaction processing solutions, which deliver services such as mobile payments, e-banking, and e-commerce; Mercury, the industry’s most complete purpose-built, mobile multimedia content delivery platform; and the Total Control PDSN platform, which provides economic delivery of premium mobile data services in CDMA networks. Other products include Distributed7, the world’s first standards-based signalling platform, and a short message service center (SMSC), which has been deployed in more than 200 wireless networks worldwide. The company is headquartered in the USA, with sales and support teams located around the world. For more information, visit www.newnet.com

Cielo Deploys Nationwide Secure Payments Network with NewNet

NewNet Total Control 1000 systems chosen to implement high performance and highly secure payments transaction-processing network

Shelton, CT – August 16, 2011 – Cielo S.A. (BM&FBOVESPA: CIEL3/OTC: CIOXY), the leading merchant acquirer and payment processor in Brazil and one of the top five payment processors in the world, announced today that it has selected NewNet’s TraxcomSecure® Total Control 1000 (TC1000) Secure Transaction Processing platform for the nationwide rollout of its next generation payments processing network. NewNet Communication Technologies, a Skyview Capital portfolio company, is a recognized leader in secure transaction processing, mobile multimedia content delivery and wireless network infrastructure.

Spread nationwide, Cielo’s transaction network Points-of-Presence (POP’s) are located in 14 states in Brazil. NewNet’s TC1000 systems will be deployed in multiple locations at each POP to meet the high capacity, throughput and performance requirements of Cielo’s network. This high-speed transaction network has the capability to handle several billion transactions per year and will enable Cielo to further strengthen its leadership position in merchant acquiring and payment transaction processing.

“After a rigorous market analysis we have selected NewNet as our partner to build out our payments service offering”, said Paulo Guzzo, IT and Operations Vice-President at Cielo. “We believe that the efficiency, security and performance offered by NewNet will enable us to offer innovative and superior m-commerce and e-commerce payments services”, complements Guzzo.

NewNet’s payment processing product portfolio includes dial, broadband and mobile payment solutions on the TC1000 and AccessGuard platforms. These solutions enable mobile and wireline carriers, payment processors and acquirers, and financial application providers to expand traditional payment transaction services into the mobile and broadband universe. Carriers can deliver new and innovative payment services on mobile phones, Bluetooth-enabled devices, NFC equipped mobiles, tablets, and other mobile devices with card readers.

“As one of the leading world economies and fastest growing telecom markets, the Brazilian market is a key focus and investment opportunity for NewNet,” said Ron Pyles, President and CEO at NewNet. “We are very excited to work with Cielo to help implement their new nationwide payment transaction network with the highly secure and high density TC1000 solution. With the ability to interoperate with Point of Sale devices from any manufacturer, NewNet provides customers a robust platform, with the highest standards of availability, reliability, security and performance which are required to deliver new and innovative payments transaction services.”

The NewNet Total Control 1000 Trax 2.5 system offers the market-leading solution for dial-based carrier class transaction network services to service providers, merchant acquirers and payment processors. The recently enhanced payments platform provides specialized software to enable faster transaction processing of credit card and debit card authorizations, fund transfers, and health and other electronic benefit transfers. The high-density TC1000 platform speeds transaction times with features such as Fast Connect, and supports transaction protocols such as VISA I/II, ISO 8583, TPDU as well as several custom protocols.

The NewNet AccessGuard platform provides the required end-to-end security features for mobile and broadband payment transaction processing, including SSL acceleration and offloading, digital certificates, and state-of-the-art DUKPT powered encryption and decryption. Secure connectivity to host processor systems is provided using IPsec. The AccessGuard portfolio of products supports a broad variety of industry standards and vendor-proprietary payment protocols, including Visa I/II, ISO 8583 and TPDU, enabling interoperability between client protocols and host processor protocols. Innovative applications and carrier
services such as mobile wallet, Smart Cash and mobile money transfers can be delivered using the AccessGuard platforms.

About Cielo S.A.
Cielo S.A, (BM&FBOVESPA: CIEL3/OTC: CIOXY), is the leading merchant acquirer and payment processor in Brazil, engaged in merchant affiliations, and management of the card acceptance network, as well as the capture, transmission, processing and settlement of credit and debit card transactions. In a country of continental dimensions, Cielo has the largest distribution and is present in 98,8% of Brazilian cities. It has more than 1 million affiliated merchants. In addition, Cielo develops and offers services to monitor, capture and process electronic transactions for companies such as the most internationally accepted brands, Visa, MasterCard, American Express and Diners, as well as Japan Credit Bureau (JCB) and Elo. In 2011, Cielo will complete a decade in the vouchers segment and leads the market of meals out of the home. The Company’s vouchers portfolio includes Visa Vale, Ticket, Sodexo, Sorocred, Policard, Good Card, Bônus CBA, Cabal Vale, Verocheque and Sapore Beneficios. Its cutting-edge technology network enables it to operate with an availability rate of 99.995%.

About NewNet Communication Technologies, LLC
NewNet Communication Technologies, LLC is a leading provider of innovative solutions for next generation mobile and fixed line networks. NewNet enables global telecom operators and equipment manufacturers to rapidly develop and deploy cutting edge, revenue-generating applications that deliver feature-rich, value added services. Recognized as a trusted leader in the carrier applications market for over 20 years, NewNet has been synonymous with telecom product excellence and development expertise. The company is committed to providing unparalleled service to its customers. With installations in major carrier networks in over 70 countries, NewNet’s product offerings include: The WiMAX end to end wireless broadband product portfolio; TraxcomSecure® electronic transaction processing solutions, which deliver services such as mobile payments, e-banking, and e-commerce; Mercury, the industry’s most complete purpose-built, mobile multimedia content delivery platform; and the Total Control PDSN platform, which provides economic delivery of premium mobile data services in CDMA networks. Other products include Distributed7, the world’s first standards-based signalling platform, and a short message service center (SMSC), which has been deployed in more than 200 wireless networks worldwide. The company is headquartered in the USA, with sales and support teams located around the world. For more information, visit www.newnet.com

NewNet and Perceptive Development to Showcase Secure Mobile Payments Demonstration At the 2011 GSMA-Mobile World Congress

Innovators Collaborate to Deliver End-To-End, Standards Based Mobile Payments Solutions

Shelton, CT – February 10, 2011 – NewNet Communication Technologies, LLC and Perceptive Development, Inc., today announced a joint collaboration to demonstrate an end-to-end secure mobile payment solution at the GSMA Mobile World Congress in Barcelona, Spain on February 14 -17.

The ubiquitous availability of mobile connectivity has spurred many ground-breaking applications and services. Mobile payment solutions are now fundamentally changing the way that payment transactions and services are being deployed. Many large credit card companies, payment acquirers and processing banks, mobile carriers, and a host of innovative new entrants are creating new ways to drive a number of easy to use solutions to the marketplace. A critical component to broad market acceptance and the successful proliferation of mobile commerce and transaction services is the promise to ensure secure access, confidentiality and privacy.

NewNet’s secure access Traxcom products process over 1.5 billion transactions a month and provide secure connectivity that enables the delivery of legacy transaction payment services and brand new services such as mobile payments, e-banking, and e-commerce. Integrated, next generation encryption technology such as the Derived Unique Key Payment Transaction (DUKPT) ensures data confidentiality and safety, and enables carriers to expand current services and enter new markets such as healthcare.

The Perceptive Development FlexTransact portfolio of mobile payment products and software services for mobile solutions are available on a broad variety of smart phone platforms including Apple iPhone®, and Google Android. FlexTransact solutions provide a highly secure, easy to deploy and easy to use credit card payment client solution to meet the growing demand in the marketplace.

“The mobile payments market is growing rapidly and we are excited to host this demonstration of the AccessGuard Platform based, end-to-end solution together with client side product suppliers such as Perceptive Development to deliver the promise of secure, high performance broadband and mobile payment solutions,” said Prasad Kallur, NewNet’s Executive Vice President for Business Development.
“We are very excited to team with NewNet to demonstrate this end-to-end secure mobile payment solution,” said Jim Medeiros, CEO at Perceptive Development. “Our expertise in developing secure payment processing solutions, coupled with NewNet’s payment processing platforms, provides a wonderful opportunity for us to combine efforts. We look to continue to enhance and broaden our relationship with NewNet as this important market evolves.”

The Derived Unique Key Payment Transaction (DUKPT) data encryption enables mobile devices with add-on transaction processing devices, such as magnetic strip card readers, smart card devices and NFC enabled Point of Sale devices, to work together with the AccessGuard Platforms to deliver a highly secure end-to-end mobile payments solution.

NewNet will demonstrate the joint solution and provide briefings at the Mobile World Congress in Barcelona on February 14-17. New Net will be in Hall 1 – Stand 1G03.

About NewNet Communication Technologies, LLC
NewNet Communication Technologies, LLC is a leading provider of innovative solutions for next generation mobile and fixed line networks. NewNet enables global telecom operators and equipment manufacturers to rapidly develop and deploy cutting edge, revenue-generating applications that deliver feature-rich, value added services. Recognized as a trusted leader in the carrier applications market for over 20 years, NewNet has been synonymous with telecom product excellence and development expertise. The company is committed to providing unparalleled service to its customers. With installations in major carrier networks in over 70 countries, NewNet’s product offerings include: The WiMAX end to end wireless broadband product portfolio; TraxcomSecure® electronic transaction processing solutions, which deliver services such as mobile payments, e-banking, and e-commerce; Mercury, the industry’s most complete purpose-built, mobile multimedia content delivery platform; and the Total Control PDSN platform, which provides economic delivery of premium mobile data services in CDMA networks. Other products include Distributed7, the world’s first standards-based signalling platform, and a short message service center (SMSC), which has been deployed in more than 200 wireless networks worldwide. The company is headquartered in the USA, with sales and support teams located around the world. For more information, visit www.newnet.com

NewNet Launches Traxcom All-IP Secure Transaction Platforms

Industry Leading Security and Performance AccessGuard Platforms to Drive Contactless Payments

Shelton, CT – February 7, 2011 – NewNet Communication Technologies, a Skyview Capital portfolio company and a recognized leader in mobile multimedia content delivery, secure transaction processing and wireless network infrastructure, today announced the launch of its Traxcom AccessGuard portfolio, a suite of extremely secure, high performance, carrier grade transaction processing gateway solutions. The AccessGuard product suite enables mobile carriers, payment processors and acquirers, and financial application providers to expand traditional payment transaction services into the mobile universe and deliver new innovative services on smart phones, Bluetooth enabled devices, and with smart phone applications such as Smart Checks, e-Wallet, Smart Cash and mobile money transfers.

The AccessGuard platforms are fully compliant with Payment Card Interconnect Digital Security Standards (PCI-DSS) and the Derived Unique Key Payment Transaction (DUKPT) cryptography standards. They are designed to deliver the required end-to-end security features including SSL acceleration and offloading, digital certificates, and state-of-the-art DUKPT powered encryption and decryption for client applications. Secure connectivity to host processor systems is provided using IPsec. The AccessGuard portfolio of products support a broad variety of industry standards and vendor proprietary payment protocols including Visa I/II, ISO 8583 and TPDU, enabling interoperability between client protocols and host processor protocols. It provides intelligent routing of transactions to host processing platforms, and supports load balancing and geo-redundant operations.

“The launch of the AccessGuard platforms demonstrates our strong support and commitment to the recently acquired Traxcom business,” said Ron Pyles, President and CEO of NewNet. “Mobile carriers are exploring new services and applications to drive revenue and growth. Our Traxcom product family and our innovative Mercury mobile multimedia content delivery platform are very well positioned to help our customers achieve their financial goals.”

“Globally, mobile payment transactions will exceed $1 trillion by 2014,” said Prasad Kallur, NewNet’s Executive Vice President for Business Development. “Ubiquitous availability of mobile connectivity and the advent of a broad range of smart devices and advanced feature phones will enable customers to deliver new secure transaction services for mobile applications such as payments, banking, money transfers and document exchange by utilizing the versatile feature sets offered by the AccessGuard platforms.”

NewNet will present comprehensive demonstrations of the Traxcom product suite at the Mobile World Congress in Barcelona on February 14-17, 2011. Live demonstrations will illustrate how the AccessGuard platforms provide end-to-end contactless payment solutions utilizing smart phones and Bluetooth swipe devices. NewNet will be in stand 1G03 in Hall 1.

About NewNet Communication Technologies, LLC
NewNet Communication Technologies, LLC is a leading provider of innovative solutions for next generation mobile and fixed line networks. NewNet enables global telecom operators and equipment manufacturers to rapidly develop and deploy cutting edge, revenue-generating applications that deliver feature-rich, value added services. Recognized as a trusted leader in the carrier applications market for over 20 years, NewNet has been synonymous with telecom product excellence and development expertise. The company is committed to providing unparalleled service to its customers. With installations in major carrier networks in over 70 countries, NewNet’s product offerings include: The WiMAX end to end wireless broadband product portfolio; TraxcomSecure® electronic transaction processing solutions, which deliver services such as mobile payments, e-banking, and e-commerce; Mercury, the industry’s most complete purpose-built, mobile multimedia content delivery platform; and the Total Control PDSN platform, which provides economic delivery of premium mobile data services in CDMA networks. Other products include Distributed7, the world’s first standards-based signalling platform, and a short message service center (SMSC), which has been deployed in more than 200 wireless networks worldwide. The company is headquartered in the USA, with sales and support teams located around the world. For more information, visit www.newnet.com

NewNet Communication Technologies Completes Acquisition of Traxcom Technologies

Enhanced Product Portfolio for Secure e-Commerce and m-Commerce

SHELTON, CT and Schaumburg, IL – USA – January 31, 2011 – NewNet Communication Technologies, a Skyview Capital portfolio company and leading provider of mobile messaging and signaling infrastructure solutions for wireless, IP and wireline networks, today announced the acquisition of Traxcom Technologies, a global leader in secure transaction processing platforms and advanced encryption technologies. Traxcom, also a Skyview company, will benefit from NewNet’s globally deployed engineering, support and sales organizations.

Processing over 1.5 billion transactions a month, the Traxcom Secure Access product suite provides secure connectivity that enables the delivery of services such as mobile payments, e-banking, and e- commerce. Integrated, next generation encryption technology ensures data confidentiality and safety, enabling carriers to expand current services and enter new markets such as healthcare. All Traxcom platforms are modular and conform to open standards. The platforms support a wide range of end-user payment options including mobile phones, ATMs, Near Field Communication terminals, Point of Sale stations at retail locations, and PC/Netbook/Tablet based applications.

Ron Pyles, President and CEO of NewNet said, “Mobile connectivity has revolutionized the lives of people globally and we are pleased to have provided enabling technologies to hundreds of customers over the past two decades. The addition of the robust Traxcom product line enhances NewNet’s ability to expand our contributions, empowering our global customers to deliver new innovative services and develop new revenue opportunities. Traxcom complements our recently acquired Mercury mobile multimedia content delivery platform and application family.”

Prasad Kallur, NewNet’s Executive Vice President for Business Development added, “Mobile payments are currently growing at a triple digit rate and, according to a recent industry report, are expected to reach $1.1 trillion globally by 2014. With the addition of Traxcom’s industry leading solutions and the soon to be announced next generation Secure Access products, NewNet will be poised to expand its role in this important space. With the evolution of m-commerce and the expanding need for the delivery of secure transaction services, our new products will address the high priority needs of existing and new Traxcom and NewNet customers.”
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“The shift of our growing Traxcom business to NewNet is aligned with our plan to expand NewNet into a global powerhouse” said Alex Soltani, Chairman and CEO of Skyview Capital. “Ron and his team have built an amazing organization that is responding to the needs of a rapidly expanding customer list that includes major carriers as well as infrastructure and application providers that support them. In this environment, Traxcom will be able to take its next major leap in revenue growth, expand customer support capabilities and accelerate the development of market leading products and services.”

All current Traxcom employees will remain with the business. Traxcom’s General Manager, Angela Ledford, will become NewNet’s Executive Vice President for Operations.

NewNet will demonstrate the existing Traxcom product suite, and provide briefings on next generation products, at the Mobile World Congress being held in Barcelona on February 14-17. NewNet will be in stand 1G03 in Hall 1.

About NewNet Communication Technologies, LLC
Headquartered in Shelton, Connecticut, NewNet Communication Technologies, LLC, is a recognized leader in providing innovative multimedia content delivery and analysis platforms, wireless network infrastructure, and signaling solutions for wireless, IP and wireline networks. NewNet’s robust, scalable telecom signaling platforms have enabled the rapid development and deployment of over 4, 000 carrier grade, revenue generating applications worldwide. NewNet, a pioneer in messaging systems has deployed messaging platforms to mobile operators in over 60 countries. For nearly two decades, NewNet has been synonymous with signaling platform excellence and is committed to providing unparalleled service to its customers. For more information, visit www.newnet.com.

About Traxcom Technologies, LLC
Traxcom Technologies, LLC, is a recognized global leader in secure transaction processing products and technologies. Originated in 1989 under the initial ownership of US Robotics, Traxcom has developed and delivered a broad portfolio of innovative merchant payment processing products, enabling secure transactions processing for Dial to x.25, Dial to IP, and IP to IP network configurations. Traxcom’s flag ship product, the Total Control 1000 has been deployed by Tier 1 carriers in nearly 60 counties, processing more than 1.5 billion secure transactions per month. The Access Guard 500 is an industry leading, next generation platform servicing IP networks. Traxcom products are backed by 24 x 7 global support, with in-region service centers providing optimal service to its customers.

About Skyview Capital, LLC
Skyview Capital, LLC, is a private investment firm headquartered in Beverly Hills, California, which specializes in the acquisition and management of “systems – critical” businesses in the areas of technology, telecommunications, business services, and niche manufacturing. By leveraging its operational capabilities and financial strength, Skyview systematically enhances the long-term value of the companies it acquires. For more information, visit www.skyviewcapital.com.

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