Sybase has consistently made inroads in the mCommerce arena

With this acquisition Sybase continues to bolster its UnwiredEnterprise strategy by extending its leading mobile infrastructure to mobilepayments. Sybase will now provide mobile operators, financial institutions and merchantswith a full suite of mobile payment solutions enabling their customers toundertake person-to-person remittances, make payments for goods and services,top-up mobile airtime and pay bills from a mobile device, in both developed andemerging markets. "Mobile payments are an increasingly critical part of mobile computing, a corecomponent of our Unwired Enterprise strategy," said Marty Beard, president ofSybase 365. "The sheer number of people with access to a mobile phone in bothdeveloped and emerging markets around the world, means the mobile device has thepotential to become a dominant vehicle for consumers to connect and transactconveniently, anytime, anywhere, fueling the mobile economy. This acquisitionextends our offerings and capabilities to enable this mobile economy." A privately held company founded in 1999 and headquartered in Raunheim, Germany,paybox will be integrated into Sybase 365, a wholly-owned subsidiary of Sybase,Inc. As a provider of the broadest mobile commerce offering, paybox also bringsSybase a proven track record and a solid customer base. Sybase is already a leader in mobile technology, global operator connectivity tomore than 700 mobile operators, and has a long history in delivering missioncritical systems to financial institutions.

Combined with payboxs capabilitiesand expertise in mobile payments, Sybase extends its leadership and globalmCommerce footprint. With this acquisition, Sybase empowers mobile operators,financial institutions and merchants to quickly launch mobile commerce servicesto their customers in both emerging and developed markets around the world. "This acquisition is a natural progression of the partnership agreement signedbetween the two companies in Q4 last year. paybox and Sybase share the samevision for mobile commerce that is in line with where the market is headed andwhat customers are demanding from their mobile phones," said Eckhard Ortwein,CEO paybox. "By combining mobile messaging and mobile payments offerings, itwill be difficult for any competitor to match our mobile commerce services." Sybase has consistently made inroads in the mCommerce arena. For the pastseveral years, the company has provided remote mobile payments via SMS, MMS andWAP to content providers and brands, for digital mobile content and services,charged directly to the subscribers bill via their mobile operator.

In October,2007 the company launched Sybase mBanking 365 - an innovative suite of productsfor the financial industry enabling banks to interact with customers inreal-time through mobile alerts, two-way banking services, out-of-bandauthentication, and marketing campaigns. Sybase does not expect this acquisition to have a material impact on 2009financial results. To watch Sybase 365 president Marty Beard discuss the acquisition, click here. Notes to Editors: mCommerce is a significant new way of conducting banking, payments andtransactions over a mobile device. A full suite of mCommerce services will drivesix key applications: (1) Remote mobile commerce - payment of goods and services via the mobile. (2) Mobile Airtime TopUp (3) Mobile banking - these are existing applications.