Jadarah International for Technology Solutions – JITS, will be the exclusive distribution partner for Accumulates mobile payment, mobile banking and mobile security solutions in the MENA region.

Stockholm, Sweden – May 19, 2010. The Swedish mobile technology leader Accumulate has signed a partnership with Jadarah International for Technology Solutions - JITS. The partnership includes that Jadarah will act as Accumulates exclusive distribution partner in the Middle East/North Africa region (MENA) and market Accumulates mobile security platform Mobile Everywhere for mobile payments and mobile security to customers in the region.

“Mobility, mobiles and usable mobile services is of greatest interest in our region. The partnership with Accumulate will give our customers the opportunity for best in class mobile payment, mobile banking and security products,” says Fouzan AbdulJawad, CEO of Jadarah International for Technology Solutions.

The partnership means that Jadarah, with the mobile platform from Accumulate, now can offer the following services and products to its customers:

• Mobile payments (POS, person-to-person, online, vending machines, etc.)
• Mobile banking (information and transaction services)
• Secure credit card payments
• Secure login
• Information services (ex. balance, transaction history, membership points)

“We are very glad for the partnership with Jadarah International for Technology Solutions. With JITS great knowledge, ability and capabilities in the region; and with our mobile technology and products and services, we hope to soon have many and interesting projects in the region,” says Stefan Hultberg, CEO of Accumulate.

More information

Stefan Hultberg, +46 70 350 5704, stefan.hultberg@accumulate.se.

Mohamed Bahamid, +966 5 0468 8987 / +966 5 0053 1001, mohamed.bahmaid@jadarah.net.

About Jadarah Group

Jadarah International for Technology Solutions ( JITS in short) is an ICT Solutions company and has exclusive representations for international and leading technology providers that are providing a state-of-the-art and patented, secure Mobile and Internet enabled technologies and solutions. JITS focusing on offering solutions for secure financial and mobile payments transactions and processing technologies; secure social/community networking, content management, and mobile marketing technologies. JITS has its own representation in Saudi Arabia (HQ), Egypt, Syria and United Arab Emirates (UAE).