Tyfone to Present the Future of Mobile Financial Services to
Mobey Forum Members in New York City

Portland, Ore. May 20, 2008: Tyfone, a global provider of mobile financial services infrastructure and fully-integrated mobile payments capabilities, today announced that company President & CEO, Tom Spitzer will present to the Mobey Forum at its upcoming meeting in New York City on May 23, 2008.  Mr. Spitzer will offer his vision on engineering the future through innovations in mobility.

Mobey Forum (www.mobeyforum.org) is a non-profit, global, financial industry-driven forum, whose mission is to encourage the use of technology in mobile financial services (MFS).  The organization offers members a neutral platform to discuss their MFS challenges and further its mission through cross-industry collaboration, experience sharing and cooperation with relevant stakeholders.  Mobey Forum is a well-established, global organization with over 40 members, each being an important participant in the mobile financial services ecosystem. Mobey Forum membership encompasses leading financial institutions and mobile handset manufacturers, telecom operators as well as technology vendors.

“As the world moves rapidly towards a day when virtually every aspect of our lives will merge in some form with our mobile devices, the ability to conduct mobile banking transactions and pay for almost everything with the wave of our phones will be a given,” said Mr. Spitzer.  “All of us at Tyfone are honored by the opportunity to share our perspective on this societal transformation, and how Tyfone will help to create the future of mobile financial services.”

Tyfone is the only provider of mobile financial services infrastructure that encompasses a comprehensive mobile banking solution along with contactless mobile payment capabilities and fully integrated security features.  Thanks to Tyfone’s one-of-a-kind innovation, the universe of NFC-capable mobile phones will be dramatically expanded as a result of patent-pending breakthroughs that combine an NFC chip, a miniature antenna, and security/authentication features on Flash memory card that works in any standard mobile phone memory slot.  

About Tyfone:
Tyfone connects money and mobility via a highly secure, scalable and flexible mobile financial services infrastructure that is tailored to meet the evolving needs of financial institutions and their customers. With its modular design and experienced professional services team, Tyfone is uniquely qualified to deliver issuer-centric solutions that offer turnkey mobile banking services and fully integrated contactless payments capabilities. With its patent-pending memory card technology, Tyfone enables device- and carrier-independent mobile services under the issuer’s own brand, setting the stage for our customers to define the future of money and mobility. To discover why Tyfone is becoming the partner of choice for mobile technologies to the world’s leading financial institutions & financial technology providers, please visit www.tyfone.com.

Contacts:

Carol Grunberg
Director of Marketing
Tyfone, Inc.
ph: +1 503 546 9364
carol.grunberg@tyfone.com

Susan Donahue
Skyya Communications
ph: +1 646 454 9378
susan.donahue@skyya.com