RNS Number : 3412Z
  Earthport PLC
  18 July 2008
   

    18th July 2008
      
    Earthport plc ("Earthport" or the "Company")

            Agreement with TransSend (Conister Financial Group Plc)

    Earthport plc, (EPO.L), the global payments utility, is pleased to announce that it has signed a contract with TransSend, a leading
prepaid card provider. TransSend provides businesses with payment solutions that easily integrate into their existing payment processes to
produce highly controllable, cost-effective ways of moving funds and creating new revenue opportunities. Prepaid card programmes can be
tailored to meet a company's specific needs.

    TransSend is the prepaid card division of Conister Financial Group (CFG.L) and works in partnership with its issuing bank Conister Trust
Ltd, a principal member of MasterCard. This close relationship between programme manager and bank gives TransSend a strong competitive edge
in delivering robust, secure and commercially successful card programmes. TransSend was the first company in Europe to receive MasterCard
approval to offer a prepaid card to the non-US online gaming sector.

    The integration process between Earthport and TransSend is at an advanced stage and both Companies believe that the first transactions
will be processed imminently. Earthport will provide global card - loading and unloading, together with global payments and remittances. 

    Under this agreement subsequent projects include:

    *     Affiliate Commission Payments for the Leisure Industry
    *     Payroll and remittance solutions for the Middle East region with major Corporates and Financial Institutions

    TransSend, whose cards use the global ATM infrastructure, will be integrated to Earthport's utility. As card issuer, TransSend uses and
operates MasterCard branded card programmes.

    James Bergman, Chief Executive Officer, Earthport, said: "This is another important client win for Earthport. Financial services
companies are becoming the major sector of our client base. This continues to underline our progress in the execution of our strategy. We
look forward to working with TransSend to maximise our opportunities together."

    Richard Jones, CEO of TransSend, said: "Earthport's combination of solid industry experience, country coverage and the ability to scale
very quickly to meet our growth plans made them the ideal partner for us. This partnership will significantly enhance our prepaid offering
to all our clients, allowing an individual to quickly and securely top up their prepaid account from the many countries that Earthport
supports."

     -Ends-


    Press enquiries:
 Earthport plc
 Mike Harrison, Executive        +44 (0)20 7220 9700
 Chairman       
 James Bergman, Chief Executive
 Officer

 Dawnay, Day Investment Banking
 Adam Pollock    
 Nick Lovering
                                 +44 (0)20 7630 4100
       Financial Dynamics
 Jonathon Brill / Alex Beagley/  +44 (0)20 7831 3113
        Laura Proudlock


    About Earthport 
    Earthport (www.earthport.com) specialises in the international transactional marketplace by providing a highly secure, high volume
global collection and payment capability. It has been making national and international payments and collections since 1998. 

    Earthport own, provide and host an international money movement platform called the Universal Payments Network. Using this platform,
Earthport makes secure, low cost international bank payments and collections worldwide.
                           

                   



This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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