We began by building specialty payment and loyalty solutions for closed-user group applications for Retail Petroleum industry and since then we have evolved significantly. The knowledge we gained by working closely with our customers helped us build a variety of retail transaction solutions and value added services to leading banks, oil companies and retailers. Some of these applications have received overwhelming success in the market.

While we take pride in our evolution, especially the trust that we have been able to earn from our customers, we are also aware that the environment for retail transactions is changing fast, and therefore reveals new challenges and opportunities every day. We believe that we will further strengthen our position by continuing to improve our products, continuing to listen to our customers and by staying at frontiers of technology.