Moneybookers Named Double Award Winners at European Digital Media Top 50 Ceremony

By Prne, Gaea News Network
Sunday, May 17, 2009

LONDON - Moneybookers, one of Europe’s leading online payment systems, today announces that it has been awarded both the Best Execution and the Judges’ Award at the 2009 Media Momentum Awards in London.

The Media Momentum Awards honour the fastest growing digital media companies in Europe. Short-listed companies were invited to present to a judging panel of leading industry figures including Martha Lane-Fox (co-founder of Lastminute.com and CEO of Lucky Voice), Anil Hansjee (Head of M&A at Google Europe), and Seb Bishop (International CEO of RED).

Moneybookers was chosen as winner of the Judges’ Award having impressed the judges with all aspects of the business. In particular, they noted the strength of the management team, high level of execution and vision for future growth.

This high level of execution and vision meant that Moneybookers also won the Best Execution Award. The judges felt that Moneybookers had uniquely positioned itself to capture a large portion of the anticipated strong growth in B2C eCommerce spending.

These awards follow another successful year for Moneybookers, which recently announced record results for 2008 with EUR2.4 billion in transaction volume and profit of EUR18.7 million. The company is confident of successfully building on this growth momentum throughout 2009. Moneybookers currently welcomes 10,000 new users per day and signed up its seven millionth account holder in March.

Nikolai Riesenkampff, co-CEO of Moneybookers, said: “We’re thrilled that Moneybookers has been recognised in this way. The Media Momentum Awards showcase the best in European Digital Media companies and the awards we’ve won are testament to the strong growth we’ve seen across all our markets and the many opportunities that are open to us. We have a strong business strategy in place to grow our business further in order to capitalise on these and are extremely pleased that this has been endorsed by such important figures in our industry.”

Manish Madhvani, partner at GP Bullhound (organisers of the Media Momentum Awards), commented: “The Media Momentum Top 50 league table has become a key barometer for the health of the digital sector and this year’s impressive results reaffirm the importance of the industry to both the UK and EU economy. Competition this year was as tough as ever and for Moneybookers to be honoured is a real achievement. We hope that these awards will provide even greater momentum to our finalists in their respective fields as they continue to develop and grow.”

For further details on the Media Momentum Award winners and past winners, see: www.mediamomentum.co.uk

Notes to editors:

About Moneybookers:

Moneybookers is one of Europe’s largest online payments systems and among the world’s leading eWallet providers, with over seven million account holders. The simple eWallet enables any customer to conveniently and securely pay online without revealing personal financial data, as well as to send and receive money transfers cost-effectively by simply using an email address. Moneybookers’ worldwide payment network offers businesses access to over 60 payment options in over 200 countries with just one integration. Already more than 35,000 merchants use Moneybookers’ payments service, including global partners such as eBay, Skype and Thomas Cook.

Moneybookers was founded in 2001 in London and is regulated by the Financial Services Authority of the United Kingdom.

For more information, see: www.moneybookers.com.

About GP Bullhound

GP Bullhound, Europe’s leading Investment Bank in Technology and Digital Media, has during the period 2006-2008 successfully raised in excess of USD250m to growth companies. With offices in San Francisco and London GP Bullhound takes active part of the local entrepreneurial community, venture market and corporate environment, thus giving expert advice within mergers & acquisition and institutional capital funding. In 2008 GP Bullhound demonstrated growth for the fifth consecutive financial year.

For more information, see: www.gpbullhound.com

For more information, please contact Andy Berry / Dan Bradley / Michelle James at Fishburn Hedges: +44-207-839-4321, moneybookers@fishburn-hedges.co.uk

Source: Moneybookers Ltd

For more information, please contact Andy Berry / Dan Bradley / Michelle James at Fishburn Hedges: +44-207-839-4321, moneybookers at fishburn-hedges.co.uk

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