Satyam & Tyfone Partner for Mobile Banking & Payments

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Satyam Computer Services Ltd., a global consulting and IT services provider,
announced that it has entered into an alliance with Tyfone, a global provider
of mobile financial services, infrastructure and fully-integrated mobile
payments capabilities.

The alliance combines Satyam's deep domain expertise and system integration
experience with Tyfone's complete mobile financial services infrastructure, and
will provide institutions with enhanced solutions and technology.

Tyfone's technology suite currently encompasses an independent,
issuer-branded solution for secure mobile banking, mobile contactless payments,
mobile retail, mobile remittance, and mobile identity management services,
enabling institutions to communicate quickly with their customers via mobile
phones.

Tyfone's patented technology enables secure, end-to-end
communications and has the adaptability to provide plug-and-play implementation
with current core banking, internet banking, and payment systems.