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Author: nabcom Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 250  
Subject: YOOMEDIA MOVES CASHLESS PAYMENTS CAPABILITY Date: 05/01/2007 07:47
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Yoomedia PLC (YOO)
05 January 2007

YOOMEDIA MOVES CASHLESS PAYMENTS CAPABILITY

INTO PARKING SECTOR

YooMedia plc, the AIM-traded interactive media, gaming and mobile entertainment
Company has extended its capability in the mobile payments sector with a deal to
provide multi-channel cashless payments via IVR (interactive voice response) and
web-based solutions for the payment of penalty charge notices.

Once proven in trial, Central Parking System (CPS) plans to roll-out the
YooMedia system to its other local authority customers in the UK and Ireland

Bryn Jenkins, Business Development Director, Services, YooMedia said: 'Both the
IVR and web-based systems are robust and suited to any scenario where payment by
mobile (or landline) phone or online may be desirable. We are already talking
with other organisations, both in the parking sector and elsewhere, who are
interested in the benefits that our cashless payment solutions can provide.'

About Central Parking System

Central Parking System of U.K. Limited is a wholly owned subsidiary of Central
Parking Corporation, the world's largest parking services provider a
$multimillion turnover company listed on the New York stock exchange. We are a
major supplier of standard and bespoke on street and off street parking
enforcement, and car park management together with ancillary services to both
public and private clients within the parking industry. At CPS we are
passionate about parking and we believe that our people are the key to our
continued success.

http://www.investegate.co.uk/Article.aspx?id=200701050700300266P
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