.:Egypttrust:.

CAIRO, Egypt – 8 December 2009 – Egypt Trust, a Digital Signature and Information provider today announced an agreement to launch Mobile ID service pilots in Egypt. Vodafone Egypt, the Egyptian subsidiary of the world’s leading international mobile communications group, provides the SIM cards, connectivity and secure messaging for the pilot. The Mobile ID service is delivered in co-operation with Professional Services & Integrated Solutions “ProSIS”.

At the first stage of the launch, the Mobile ID service platform is offered to selected Egyptian service providers. The providers were chosen by analyzing customers’ interests and prioritizing banking, governmental and brokering segments. Kicking off in early 2010, the first service pilots run for three months. The installation of Mobile ID platform began in November.

“Complete security and ease-of-use are challenging to combine and ideally Mobile ID should be usable anywhere, anytime. Safe use requires secure authentication,” explained Yahia Al-Atfy, Chairman, Egypt Trust. “Mobile ID is a simple, easy to use solution for proving your identity and obtaining easy access to your accounts. The user doesn´t have to remember separate passwords, just one PIN code is enough.” “The Mobile ID pilot will be launched in Egypt with a number of service providers,” explained Mahmoud Swedan, CEO, ProSIS. “Initially, Mobile ID can be used to access and confirm transactions in cardless ATM’s and online stock trading services.”

Mobile ID users are able to securely log in to online services, sign documents and confirm transactions by using their mobile phones. As people typically have their mobile phones with them at all times, a legally binding digital signature is easily done regardless of time or place.

“The Egyptian authentication market is expected to grow rapidly in the coming years. The government aims to develop governmental services with e-Services in order to increase Egypt’s competitiveness, Currently, The Mobile ID is used in a variety of services throughout the world, including mobile banking and payments, governmental services, e-commerce and m-commerce applications, along with enterprise access management. Mobile ID enables various digital self-services such as mobile payments, banking and money transfer, which is very convenient especially for people living in scattered settlement areas.

“More and more customers in the Middle East and Africa browse the internet with their mobile phones. As mobile authentication is secure, legally binding and easy to use, we expect to see rapid growth in mobile signing,” said Mohamed Wahba, Payment Platforms Marketing Senior Manager of Vodafone, “Mobile ID is easier than sending an SMS, and it enables multiple users, profiles or roles in one device. The latter is important when considering eg. communities which share one mobile device.” The Mobile ID can be used for all services that require personal authentication, identification or a legally binding signature. It is based on Wireless Public Key Infrastructure (WPKI). This solutions are used by operators, banks, enterprises, public sector, e-commerce and other service providers throughout the world.