Vesta Corporation Signs Multi-Year Agreement with Cricket Communications

Value-added payments provider to manage all electronic transactions

PORTLAND, Oregon — December 8, 2009 — Vesta Corporation, a global pioneer and leader in electronic payment solutions for wireless operators, today announced that it has been selected by Cricket Communications, Inc. to manage non-cash customer transactions.

Scheduled to launch in spring 2010, Vesta’s payment service will manage customer payments via the phone, Web and in Cricket’s own retail stores. In addition, Vesta is expected to introduce additional services such as text-to-pay and SMS payment solutions for Cricket customers and enable all customer transactions to be completed in a secure, convenient environment.

“We are excited to be partnering with Vesta. Our comprehensive evaluation of wireless payment solutions has validated Vesta’s contribution and collaboration capabilities,” said Dave Truzinski, senior vice president and chief information officer, Cricket Communications. “Our customers will benefit from convenient new payment options and a consistent payment experience across their mobile devices, IVR and Web.”

Vesta’s technology is also fully PCI Data Security Standard (PCI DSS)-compliant. Mandated by leading credit card issuers, PCI compliance assures that requirements for payment data security are being met.

“Having processed hundreds of millions of transactions worldwide, Vesta has earned a reputation for delivering innovative and secure solutions to telecom companies,” said Doug Fieldhouse, Vesta’s president and CEO. “We look forward to extending our expertise to Cricket and its customers for many years to come.”

About Vesta Corporation
Headquartered in Portland, Oregon, with operations in Europe and China, Vesta has been a pioneer and worldwide leader in electronic payment solutions since 1995. Vesta has established long-term, successful relationships with leading international companies including AT&T, Boost Mobile, China Mobile, China Unicom, Meteor Mobile Communications, O2, Sprint, T-Mobile, Tele2, Verizon, Vodafone and Yoigo. For more information, visit www.trustvesta.com.
Media Inquiries, Vesta Corporation

Scott Boucher
Manager, Corporate Communications
info@trustvesta.com
+1 503.790.2500