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Mobile Clearinghouse Network chooses Windows Azure to support mobile financial services in the cloud

Mobile Clearinghouse Network to launch global hub on Microsoft Corp.'s Windows Azure

Photo www.mchn.com

Photo www.mchn.com

LONDON, May 16, 2012 /PRNewswire/ -- Mobile Clearinghouse Network (MCHN), a Microsoft® Bizspark One member, will make their worldwide mobile hub available on Microsoft Corp.'s Windows Azure cloud platform. MCHN's interoperable hub enables communication between all wireless carriers, mobile payment technologies and mobile devices.

Windows Azure is an open and adaptable cloud platform that enables clients to quickly build, deploy and manage applications across a global network of Microsoft-managed datacenters. Customers can build applications using any language, tool or framework.

MCHN is using Windows Azure in their design due to the Windows Azure's robust and flexible qualities. MCHN's global hub will provide a platform for seamless and interoperable clearing and settlement services for financial institutions, governments and merchants. The availability of the MCHN central hub on Windows Azure will extend the reach of MCHN Mobile Solutions' secure banking and payment application to efficiently serve targeted countries.

"As a global and highly available platform, Windows Azure assures MCHN's ability to facilitate the movement of money effectively in real time and in multiple currencies. This is a great resource for consumers, merchants and financial institutions," said Brian Goldfarb, Director of Windows Azure Product Marketing, at Microsoft. "We are looking forward to working with MCHN on their mobile solutions platform on Windows Azure."

Hani Beshara, CEO of MCHN stated, "MCHN is very confident that Windows Azure is the best cloud platform for our global hub and suite of mobile solutions. We are pleased to have the opportunity to work with Windows Azure and look forward to working with Microsoft as we expand globally."

About Mobile Clearinghouse Network (MCHN)

MCHN is a global hub that provides a central and interoperable platform to facilitate money transfers across all financial institutions, devices, and wireless carriers, while lowering costs and increasing value for banks, governments, merchants, businesses, and consumers.

MCHN Mobile Solutions is a secure mobile commerce solution that enables end-users to perform all of their banking functions, transfer money or make payments anywhere/anytime. The solution is also a white-label platform for MCHN clients to customize to extend their brand and facilitate mobile banking and payments transactions. Clients can easily integrate MCHN Mobile Solutions with their current financial system, adding a highly secure mobile service to attract and retain customers. www.mchn.com

Contacts:

Nanette Sorich of MCHN

Tel.: +1-206-953-8593

nanette.sorich@mchn.com

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