Aepona, Bango Announce Partnership

Leading Mobile Billing and Analytics Provider is Aepona's Launch Partner for its Application Ecosystem Program

BARCELONA, Spain, February 14, 2011 - Aepona today launched its Application Ecosystem Program by
announcing a partnership with Bango, the leading global provider of billing
and analytics services for mobile content and applications.

Aepona's Application Ecosystem Partner program is designed to
connect in-market applications and developer communities to Aepona's Mobile
Operator customers, creating immediate new revenue sources for operators. The
program provides content providers and application developer communities with
increased reach and easy access to advanced direct-to-mobile billing
capabilities and other mobile network enablers, via Aepona's Universal
Service Platform (USP) deployed within the operators' networks.

For operators deploying the USP, the program provides
immediate access to applications and services that utilize the operator's
billing and network capabilities, creating a new revenue stream and
increasing choice for their customers. The Bango partnership allows Aepona to
deliver day-one revenues to operators by bringing a large, vibrant community
of mobile application and content providers.

"Bango's relationship with Aepona creates significant benefits
for our mobile content and application partners," said Anil Malhotra, SVP
Marketing & Alliances of Bango. "We've been highly impressed with the
sophisticated carrier billing features, reliability and performance which
become available when Aepona's solution is present in the network - we can
connect with the operator in as little as 2-3 days. The Bango-enabled mobile
community includes leading games publishers, music and media companies along
with the latest innovations in digital media. This partnership opens up new
direct-to-mobile payment channels that greatly extend their market reach."

"Operators have been turning to Aepona to help them kick-start
their Network as a Service initiatives or grow their existing programs to the
next level," said Kevin Wagner, Aepona's Senior VP of Business Development.
"By partnering with Bango, we are not only providing a full mobile payments
solution to operators delivering next-generation functionality for mobile web
and application payments, we are also connecting our operator customers to an
instant source of revenue, bringing applications to their network that help
them to monetize their billing and network assets. We are delighted to have
Bango as the launch partner for our Application Ecosystem program and look
forward to realizing the full potential of our relationship."

Aepona and Bango are particularly focussed on business
development opportunities with operators in North America, Europe and Latin
America in support of operators increasing adoption of open network APIs,
especially to drive mobile commerce revenues.

About Aepona

Aepona is a pioneer and global market leader in bringing
Mobile Intelligence to Cloud Computing. For more than a decade, Aepona has
been supplying state-of-the-art, Telco-grade software products to the global
communications industry. Our products have been deployed with over 25 mobile
operators and service providers across North America, EMEA and Asia,
processing in excess of 1.2 billion network and payment transactions per
month and enabling more than $1 billion in annual revenues for service
providers, mobile operators, application partners and content providers.

Aepona provides the software engine that powers the
convergence of open mobile networks, mobile cloud computing, on-demand
enterprise solutions, and web & mobile applications, opening up new
low-friction commercial channels between multiple diverse industries and
vertical market segments. Aepona's solution, when deployed either by Mobile
Operators or cross-network Mobile Cloud Providers, makes it easy for
enterprise solution providers and web or mobile application developers to
turbo-charge and bill for a wide variety of applications and services,
enriching them with powerful mobile network features and intelligence -
available on-demand via the mobile cloud.

Aepona is also the technology provider for the GSMA's OneAPI
initiative. For more information, visit www.aepona.com.

About Bango

Bango provides the technology that powers commerce for businesses
targeting the growing market of internet enabled mobile phone users.

Bango's products collect payment from mobile users for on-line content
and services, and provide accurate analytics for mobile marketing campaigns
and sites.

The world's leading brands plus thousands of smaller content
providers and developers use Bango products to run their mobile businesses.

www.aepona.com

For further information contact: Michael Crossey, Vice President Marketing, Aepona, E: michael.crossey at aepona.com T: +44-7734-318210