CyberPlat® Distinguished by MegaFon for the Highest Quality of Connected Agents

Moscow, Russia, February 21, 2007 --(PR.com)-- One of the largest Russian cellular communication operators, MegaFon, has awarded CyberPlat® with an honorary diploma for the high quality of services. According to the results of 2006, the CyberPlat® Company has been declared the best “for the highest quality of the connected agents.”

Consequently, the CyberPlat® payment system has once again proved its reliability and is still retaining the leading position in the market of mobile top-up. Earlier, the highest quality of the services rendered by the CyberPlat® Company was marked by the awards of two largest cellular operators, MTS and Beeline.

Today, thousands of subscribers are enjoying the services of CyberPlat®. Over 660 million payments were made through the CyberPlat® payment system in the year 2006 alone. Presently, CyberPlat® is the country’s largest payment system by the volumes of daily processed payments. Advanced technologies, which guarantee high speed and security of transactions as well as comfortable terms of payment acceptance, position CyberPlat® as a very attractive business partner for thousands of Russian companies.

“We have worked in the payment acceptance market for already 8 years,” Andrey Gribov, General Director of the CyberPlat® Company, mentioned. “We are very well known by those who use mobile communication services, commercial television, security alarm systems, and the Internet. Retail energy supply and communal utility services can be paid for via our system. We are satisfied by the growing popularity of the electronic payments, and the high appreciation, on the part of our partners, of the service level ensured by the CyberPlat® Company. I am confident that the honorary diploma, issued by MegaFon, is not the last testimony of the quality of our services. We are constantly expanding our partnership and look ahead to the future with assurance, being set on enlarging our market share.”

CyberPlat.com, Joint Stock Company, is a Russian leading Internet company providing services in e-commerce, including payment processing and secure online document interchange. The Company product is a broad-based multi-banking integrated system of Internet top-up – CyberPlat®. The CyberPlat® electronic payment system is one of the leaders in the top-up market. Currently, the CyberPlat® top-up network comprises over 41,000 outlets accepting top-up payments for the benefit of the leading telecommunications operators – Mobile TeleSystems, Beeline, MegaFon, SkyLink, – satellite and cable television, as well as Internet providers, and many others, throughout the whole country. The total turnover in 2006 exceeded 2,6 billion US dollars.

MegaFon OJSC is the first all-Russia operator of GSM 900/1800 standard. The Company was incorporated in May, 2002. The license coverage of MegaFon OJSC, as well as of its 100%-owned subsidiaries, embraces the entire territory of the Russian Federation with the population of 145 million people.

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