Striata to Launch Next Generation Interactive PDF Bill and Mobile One-click Payment at FinovateEurope

LONDON, ENGLAND, January 28, 2011

Striata, a leading provider and innovator of email bill presentment and payment solutions, will be launching two new products at *FinovateEurope, which is taking place in London on 01 February 2011 - the Striata's next generation interactive PDF bill solution and mobile one-click payment. Striata's new mobile one-click payment solution is an industry first, bringing one-click eBill payment to the ever growing mobile email market. Furthermore, Striata's next generation interactive PDF bill solution will enable companies to deliver improved marketing capability, whilst enriching their customers' email Billing experience.

"Most banks and large organisations have developed eBilling solutions without user adoption in mind. Striata's 'push' email billing solution focuses on user adoption and continually delivers record-breaking figures of paper turn-off. Our innovative one-click payment solution meets the current and growing demands for mobile payment and our next generation interactive PDF bill solution's enhanced functionality looks and works like a mini-website inside the PDF. It enables navigation, graphing and sorting of itemised entries and authenticated feedback forms," explains Michael Wright, CEO, Striata.

Striata's mobile friendly email bill payment solution enables bill recipients to view how much is owed and conveniently make an instant one-click payment directly from their mobile phone. Payment can be facilitated from any internet enabled device (e.g. Mobile device, webmail, body of email). With Striata mobile one-click payment, there is no need for customers to enter payment details. Payment data is stored with the payment provider, and can only be used to pay a linked bill.

"Striata continues to innovate with a focus on customer convenience through ease of use. The Striata next generation interactive PDF Bill solution delivers an added value experience for the end user, enabling navigation, multiple 'virtual pages'; sorting of data; interactive graphs; grouping of data; animations and videos. This additional functionality assists the biller to drive email billing adoption and paper turn off, which ultimately reduces costs and
DSO (days sales outstanding) while delivering a significant ROI," concludes Wright.

Striata will be presenting a live demo of Striata's new Interactive PDF eBill and introducing mobile one-click payment at FinovateEurope in Feb 2011. Interested in attending? Visit http://www.finovateeurope.com and enter Striata10 as the discount code to receive a 10% discount off your ticket.

*About Finovate

About FinovateEurope: FinovateEurope is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in London, one of the world's premiere financial capitals, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateEurope is organized by Online Financial Innovations. For more information on the event, or to view videos of previous demos, please visit http://www.finovate.com/europe2011.

Striata is a global eDocuments, eBilling and eMarketing software application developer and services specialist.

Striata's Secure eDocument Delivery and Email Bill Presentment & Payment (EBPP) are solution sets that deliver an enhanced customer experience, rapid reduction in operational costs and quicker payments.

Striata revolutionizes the way bills, statements, policies, collection notices, letters, paystubs and other high volume system-generated documents are delivered and paid. Registration requirements are eliminated by emailing feature rich, interactive, encrypted documents directly to the inbox and enabling innovative 1-click electronic payment from within the document itself.