SRM Technologies announces SRM Mobile Wallet

SRM Mobile Wallet is the next generation mobile banking module from SRM Technologies. As an established banking solutions provider, SRM Technologies continues to demonstrate its innovation as a leader in the mobile revolution by expanding the banking services banks can provide to their customers.

SRM Mobile™, SRM Technologies’ mobile banking solution, runs on the browser on your mobile device (WAP), and can include SMS Banking, a text messaging banking interface. Through SRM Mobile™, a banking customer can perform simple transactions such as looking up his or her account balance, transferring money from one account to another, or paying bills.

SRM Mobile Wallet adds another level of capability for the banking customer, the ability to pay for goods and services with a mobile phone.

Read the Press Release

SRM Technologies selected for BAI Innovation Moments

SRM Mobile Wallet highlighted by BAI as one of the most innovative products

Las Vegas — November 14, 2007 — Today at the BAI Retail Delivery Conference & Expo, SRM Technologies, a leading global provider of software services to banks, was highlighted as an innovator in mobile banking software. During the morning’s general session, SRM Mobile Wallet, an advanced mobile payments software application, was showcased in a video vignette intended to highlight innovative ideas and products that will drive the banking industry in the years to come. SRM Mobile Wallet enables users of cell phones or other mobile devices to pay for goods and services using the contactless payment systems already in place at over 45,000 U.S. merchants. Utilizing NFC (Near Field Communication) enabled mobile devices, SRM Mobile Wallet electronically stores credit, debit and/or gift card credentials on the phone, and securely transmits the card details to the NFC contactless reader. SRM Mobile Wallet brings new functionality to SRM Mobile TM, the company’s mobile banking platform, and helps to secure SRM Technologies’ leadership position in delivering innovative solutions to banks.

About SRM Technologies, Inc.

SRM Technologies, Inc. is a leading, global provider of software development services specializing in application software development, systems integration, web services, mobile banking, technology consulting and project management services to banks around the globe. Founded in 1998, the company has grown to over 450 software professionals and has offices around the world.

For more information, please contact:

contact@srmtechnologies.com

For more information on SRM Mobile™:

http://www.srmtechnologies.com/banking/mobile.html