Digital wallet specialist CardMobili chosen as key technology partner for Portugal’s prime mobile network operator.

Porto, Portugal and London, UK: 17th September 2013– CardMobili, a leading provider of advanced digital wallet solutions, announces that it has been selected by Portugal Telecom as the key technology partner to enable the mobile network operator’s digital wallet service.  As part of the multi-year agreement, CardMobili will take a primary role in the implementation of Portugal Telecom’s digital wallet, providing e-commerce value-added services via its established technology platform, majoring on digital loyalty, offers and coupons.

This contract highlights CardMobili’s proven technology and expertise as a powerful enabler of the digital wallet experience.  Commenting on the partnership, Tiago Silva Lopes, Director at Portugal Telecom, said:

“CardMobili has been firmly established as a leading innovator in the loyalty space for a number of years, and is one of the most experienced players in this rapidly evolving market.  We see them as a natural and logical choice of partner, helping to accelerate our time-to-market as well as providing us with a wholly optimised digital wallet service that exactly meets our requirements.  This will deliver tangible benefits - greater convenience and increased opportunities for interaction for our users, as well as an important new revenue stream and a new consumer channel for Portugal Telecom.”

CardMobili’s e-commerce products will be fully integrated with Portugal Telecom’s range of innovative services, designed to benefit merchants and many thousands of users.  Commenting on the contract’s scope, Helena Leite, CardMobili’s CEO, said:

“This is an exciting development, with Portugal Telecom launching the first truly complete digital wallet service to the Portuguese market.  We are delighted to be partnering this innovative launch, adding the extensive knowledge and experience we have gained from our own service users, combined with our proven technology platform.  Our focus is on transforming the way consumers and organisations interact, representing a unique combination of business expertise and state-of-the-art technology, which are essential to supporting the deployment of strategic digital wallets and delivering true commercial value.  We have already established an excellent relationship with Portugal Telecom’s team and will be working closely together to deliver an unparalleled digital wallet experience. “

An early pioneer in the digital wallet space, CardMobili launched its first mobile service in 2009.  Its expertise and proven technology has subsequently contributed to successful service roll-outs for numerous clients, across integration into existing mobile commerce programmes, such as loyalty and rewards, as well as completely new service launches.  Continuous developments to CardMobili’s platform have strengthened its market position, and are enabling the company to partner with leading global mobile network operators, financial institutions, utilities companies and retail merchants, as a core technology provider.

About CardMobili

CardMobili has been innovating in the digital wallet sector for a number of years, making the company one of the most experienced players in this rapidly evolving market.  Partnering with leading global mobile network operators and retail brands, CardMobili’s technology and solutions have provided the platform for numerous successful roll-outs, helping to unlock important new revenue streams and dynamically enhancing the customer experience.

From mobile loyalty and rewards schemes, to advanced mobile commerce deployments – CardMobili is firmly established as the partner of choice.  The company’s solutions combine the tools, the expertise, and the support to realise the strategic digital wallet vision and deliver tangible commercial value.  More information about CardMobili is available at:

About PT

Portugal Telecom is a global telecommunications operator with more than 102 million clients worldwide. In Portugal, where it holds a leading position in the markets in which operates, PT provides a wide portfolio of telecoms, multimedia and IT and fixed and mobile services, including broadband access, voice and television, acting in all segments of the telecommunications sector: personal, residential, enterprise solutions and wholesale. Portugal Telecom assumes itself as the leading Portuguese telecoms operator with a wide and solid international presence, particularly in Brazil and Africa. PT has a diversified business portfolio in which quality and innovation are key aspects, aiming at positioning PT as a leading edge operator in the international arena.

Portugal Telecom is listed on the Euronext and New York Stock Exchange, through a full listing of its ADR program, and is present in the reference Portuguese index and in the benchmark sustainability indexes, DJ Sustainability and FTSE4GOOD.Information about the company is available in Reuters via the code PTC.LS and PT and in Bloomberg via the code PTC PL.

For further information, please contact:

Georgina Garrett/Simon Axford Jones

Garrett Axford Ltd        

Tel:     +44 (0)1903 854900

Fax:    +44 (0)1903 854901