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MobiClear, Inc. Signs Licensing Agreement with two Greek banks
MobiClear, Inc. (OTCBB: MBIR - Deutsche Borse: B3CA, http://www.mobiclear.com) has signed a three-year licensing agreement with Lakonian Bank, Ltd. and Cooperative Bank of Lakonia and Peloponnisos for the use of their proprietary platform products of Personal Identification Verification solutions.
MobiClear’s extensive product portfolio will provide an added security measure for banking customers through the use of their mobile phones. Lakonian Bank, Ltd. and Cooperative Bank of Lakonia and Peloponnisos have selected MobiClear Card Security, Internet Banking Security, On/Off Card Security, and 3G Video Banking as solutions for their consumers. The three year agreement forecasts at least $1,200,000 in revenues for MobiClear, Inc.
“This agreement marks a great step for the MobiClear community, with the evolution of our Card Security and On/Off Security products, as well as the first use of MobiClear’s 3G Video Banking and MobiClear Internet Banking Security to propel our product into the Greek market,” said Anders Ericsson, CEO of Mobiclear. “We are thrilled to ensure added protection for Internet users, as well as in-person and online purchases. This agreement facilitates a great partnership in Greece, and starts our initial movement to spread throughout Europe. We look forward to our evolvement as a company and our future growth together.”
Dimosthenis Limperopoulous, CEO and President of Lakonian Trust Ltd. stated, “I am confident our partnership agreement with MobiClear will create a safer and more effective service for our customer base. We have carefully chosen the most ideal and necessary MobiClear products that fit our client needs, further our business model, and extend market potential. It is with great pleasure that we have initiated this relationship, and look forward to our partnership together.”