Agenda

2. Agenda Products & Solutions Customers & Projects Velti Overview

3. Velti is a leading mobile platforms and services provider… Velti is a leading platforms and services provider enabling mobile marketing, advertising and content delivery as well as value-added services for advertising agencies, media groups, mobile operators and other large enterprises, such as financial institutions and government organizations

4. …with international reach • Velti has offices in London, New York, Boston, Athens and Sofia • Operations in 10 countries • Over 100 corporate clients worldwide • The company employs 200 people, with more than 110 technology staff

5. Recent developments • Velti and IPG, one of the world’s leading organizations of advertising agencies and marketing services companies, have recently formed Ansible, a dedicated mobile marketing company under Interpublic’s Future Marketing Group • Ansible - headquartered in New York and with offices in North America, Europe and Asia - works with brands, agencies and content providers and offers mobile strategy, creative development and campaign management • Velti acquired the assets of Digital Rum, a leading and award winning UK-based provider of mobile promotional solutions that now form the basis of Velti’s UK sales operations • Velti also acquired M-Telecom, the leading independent provider of mobile services in Bulgaria with a 40% market share • Velti opened new offices in New York spearheading its activities in the mobile marketing market

6. Velti has delivered a number of mission-critical projects for leading clients worldwide…

7. …and is allied to major international partners

8. The company is led by a strong executive team {Executive Directors} {Non-Executive Directors} • Alexandros Moukas • Chief Executive Officer • Co-founder of Velti; Previously co-founder and Chief Scientist ofof US start-up FCI (sold to SAP for $51m) • M.Sc. MIT Media Lab & Sloan School of Management, Artificial Intelligence; M.Sc. U. of Edinburgh, Artificial Intelligence • Chris Kaskavelis • Chief Operating Officer • Co-founder of Velti; Previously at TCA Software designing enterprise software systems for Pratt & Whitney, Analog Devices, General Electric and Lucent Technologies • Ph.D. Boston U., Supply Chain Management; B.Sc. Brown University, Electrical Engineering • Menelaos Scouloudis • VP of Sales • Previously was an Engagement Manager with McKinsey & Co, Stamford, New York and Athens, working primarily with large telecommunications companies • MBA Harvard Business School; M.Sc. MIT, Chemical Engineering • Pantelis Papageorgiou • Director of Finance • Previously Group Treasurer for P.N.Gerolymatos Group, Portfolio Manager for Allianz Finance and Auditor for Arthur Andersen • MBA Boston University • David Mann • Non-Executive Chairman • Former CEO of Logica CMG plc • Non-Executive Chairman of Charteris plc and Flomerics Group plc.; Non-Executive Director of Aveva Group plc • Past President of the British Computer Society • Jerry Goldstein • Non-Executive Director • Former Sanwa International plc, London Deputy Chief Executive & Board Member • Former Citicorp Investment Bank Executive Director & Board Member • Former Kidder, Peabody International Managing Director & Board Member • David Hobley • Non-Executive Director • Non-Executive Director of Orange SA, Soneacom SA and Telit Communications plc • 35 years investment banking experience with UBS Warburg and Deutsche Bank • Nicholas Negroponte • Non-Executive Director • Non-Executive Director of Motorola, Inc. • MIT Professor & founder of Media Lab • An "angel investor" for over 40 start-ups, also leads $100 laptop / OLPC non-profit

9. Velti is a well capitalized, profitable company quoted on the London Stock Exchange (AIM) Revenues • Publicly traded on the London Stock Exchange (AIM) since May 2006 • Well capitalized and currently experiencing good growth in both revenue and profits • For its first financial year as a publicly quoted company, Velti has reported revenues of €10.8m, which represents an increase of 122% over the previous year

10. VELTI in the South East Europe area… • Velti has recently acquired M-Telecom, the leading independent provider of mobile value added services in Bulgaria with a 40% market share • The largest customer of VELTI BG (M-Telecom) is MTel, Bulgaria’s leading mobile network operator. • The acquisition of M-Telecom complements Velti’s existing relationship with Globul, Bulgaria’s second largest mobile network operator. • M-Tel and Globul account for approximately 90% of the Bulgarian mobile market. • VELTI BG currently employs 15 persons and is expected to grow to 25 within next year.

11. Why we consider doing business in FYROM… • FYROM is currently very attractive for new businesses due to taxation issues and fast start-up procedures • EU programmes will bring considerable funding in FYROM within the next 3-4 years. These will benefit the companies that are already established in the region. • Stable environment political and financial • Availability of skilled IT professionals with business mentality and orientation • Very good telecommunications infrastructure (fast internet already available) • Low start-up and operations cost • FYROM could be used as the base to host and provide services in other neighboring countries (Montenegro, Kossovo, Bosnia, Slovenia, Croatia, etc.)

12. Agenda Customers & Projects Products & Solutions Velti Overview

13. VELTI services span in 3 major business areas… • Online and/or mobile customer/citizen service • Enterprise portals • Electronic bill presentment and payment • e-Marketing • Online Auctions e-Government Services • Business process automation • Document management Solutions for Financial Services • Messaging services • Mobile content organization and delivery • Content rendering and optimization • Wide variety of ASP applications Mobile Value-Added Services and Content Delivery

14. More in detail • Online and/or mobile customer citizen service • Enterprise portals • Electronic bill presentment and payment • e-Marketing • On-line Auctions e-Government Services • Business process automation • Document management Solutions for Financial Services • Messaging services • Mobile content organization and delivery • Content rendering and optimization • Wide variety of ASP applications Mobile Value-Added Services and Content Delivery

15. Velti offers government agencies a wide variety of online services that increase citizen satisfaction • The Velti Customer Lifecycle Management (CLM) is a turnkey solution offering a wide variety of functionalities for the successful and cost-effective citizen relationship management. Velti CLM is comprised of 5 independent service modules: • Velti Enterprise Information Portals (EIP): a cutting-edge solution that integrates an organization’s knowledge-base and all related applications into a single user-customizable environment • Electronic Bill Presentment and Payment (EBPP): allows organizations and customers to pay bills electronically, access and analyze their account information and schedule automatic payments • E-Marketing: provides marketers with a powerful tool to reach prospective clients and analyze their customers’ behaviors through the tracking of their preferences, purchases and frequency of contact • Velti Insight: a powerful business intelligence solution that collects, filters and organizes log information from different sources, enabling decision-makers to address issues and make optimal decisions • Velti Identity Management: a centralized access-management system that enables organizations to securely and efficiently manage user-access across all accounts and resources through a single automated process

16. More in detail • Online and/or mobile customer/citizen service • Enterprise portals • Electronic bill presentment and payment • e-Marketing • Online Auctions e-Government Services • Business process automation • Document management Solutions for Financial Services • Messaging services • Mobile content organization and delivery • Content rendering and optimization • Wide variety of ASP applications Mobile Value-Added Services and Content Delivery

17. Through the use of the Velti BPM, Velti enables business process automation • Velti enables government agencies to simplify and manage business processes through the use of the Velti Business Process Management (BPM) System, which allows them to: • Define people / roles and rules • Design and automate processes • Monitor results and in turn optimize existing processes • BPM integrates with various external systems and databases allowing IT to respond fast and accurately to functional changes • A typical Business Process Management project can be deployed in just 2-3 months from a highly-qualified professional team with extensive business, consulting and technical experience

18. The Velti Document Management system enables electronic document management • The Velti Document Management System (DMS) is an end-to-end solution that allows organizations to efficiently organize, distribute and archive all types of documents (text, image, drawings, video, sound, etc) in electronic format. DMS: • Automatically updates and keeps track of all new document versions • Performs fast and successful document searches • Archives and recovers documents from multiple storage environments (database, file-system, FTP servers) • Assures document confidentiality • Connects to all external document processing devices such as scanners, fax servers, email accounts, etc • Document management automation can • be applied in the following areas: • Procurement • Legal • Human Resources • DMS can be integrated with various IT systems • as well as with the Velti BPM

19. More in detail • Online and/or mobile customer/citizen service • Enterprise portals • Electronic bill presentment and payment • e-Marketing • Online Auctions e-Government Services • Business process automation • Document management Solutions for Financial Services • Messaging services • Mobile content organization and delivery • Content rendering and optimization • Wide variety of ASP applications Mobile Value-Added Services and Content Delivery

20. In the mobile services area Velti serves 3 major client groups… Mobile Operators • Mobile Marketing and Advertising • Mobile Applications • Content Solutions • Messaging Solutions • On-line Mobile Self-Service Automation • Application Service Provider Solutions Advertising Agencies & Enterprises Media Groups

21. … and provides advanced mobile services that lead to successful and measurable results Velti Offering for the Mobile Market • Advertising Agencies & Enterprises • Mobile Marketing and Advertising solutions enabling the planning, management, and monitoring of multiple mobile campaigns • Mobile Operators • Software provider for value-added services • Managed services and operation of portals with revenue-share • Mobile marketing, advertising and promotion • Media Groups • Content delivery through the mobile channel • Mobile Marketing and Advertising • Customer base monetization

22. Velti’sMobile Marketing Platform enables the execution ofmobile marketing campaigns in three simple stages Planning Stage Execution Stage The client identifies overallobjectives,thebudget, thetarget segments, thetime frameand the campaignspecific activities(marketing & advertising) Reporting Stage For each mobile activity selected, suitableinventoryis reserved, campaignactivitiesare initiated, andvisualsof the final offering are provided Advancedreportingfeatures allow the user to view resultsand keep trackof all running campaigns, with comprehensive business intelligence tools and adashboard that providesnear real-timeinformation

23. Velti’s innovative applications enable the delivery of a wide variety of campaigns that add value to the end consumer… Virtual Reality Ad-funded Content Competitions/ Treasure Hunt m-Commerce Proximity Marketing User Generated Content

24. …while its platforms extend mobile marketing to any delivery channel Mobile TV Text/Picture Messaging Interactive Voice Video Response Mobile Downloadable Apps Interactive Screens Mobile Marketing Platform WAP Bluecasting WEB

25. Why Mobile Government? Over1 billion mobile devices are expected to be sold within 2007,compared to 200 m. computers and 200 m. TV sets (1) In 2011 the mobile subscribers are expected to grow to 3.9 billions (56% of the universal population) (2) Access to m-Government services is offered anytime and toanyplace Citizens are currentlyfamiliarizedwith using mobile devices, especially the SMS services Efficient and effective way of direct communication with the citizens Government Institutions are “close” to the citizen (1) Oppenheimer, (2) Informa Telecoms and Media, (3) Teelcom magazine – issue 22

26. m-Government Services Types Mobile Portals User Authentication Services Push - Notifications Pull SMS services that are activated by the end user. Subcription to a specific service, newsletter and notification service.It usually involves sending an SMS message to a predefined number. “Mobile” web sites that are accessible from mobile devices and offer the capability to the citizen to be introduced to various content and to navigate through various areas. SMS messages that are sent to citizens.Automated notifications with useful information, announcements. Invitations to the public to visit WAP sites, as well as to participate in polls and votings. Services that provide user authentication by sending via SMS user identification information

27. M-Government Services at a glance Ministry ofPublic Order Ministry of Education …Being experienced with managing content for mobile devices and with message services, VELTI provides government institutions the suitable mechanisms for delivering the necessary information through multiple channels … Ministry of Defense Ministry of Transportation M-Government Media Content Delivery (MCD) Several Organizations for example Civil Service Insurance Institutions Messaging Service Management (MSM) Local Authorities Employment

28. We partner with Government Organizations throughout the process to deliver successful experiences… Planning Phase Execution Phase Reporting Phase Design of Business Plan Gov. Organization / Velti meeting Requirements gathering Velti defines the specifications of the services Velti implements the services Veltiimproves the services if necessary Velti monitors the efficiency of the services Cooperation aiming at the optimized m-Government Immediateresultsfor the citizens and the public administration

29. Why partner with Velti Flexible Technology Platforms Platforms that adapt to changingmarket dynamics and focus onfunctionality, ease of use,rapid launch, scalability, andpowerful BI tools asdeterminants of quality Products A broader, moretechnically advanced, innovative and qualityoriented product linethan those of our competitors The Velti Competitive Advantage Extensive Working Relationships Extensive working relationships with Operators, Partners and Content Providers around the globe that ensure a successful execution of all campaigns as well as accurate revenue reconciliation for all forms of charging (e.g. SMS, MMS, and WAP) Cost Containment Velti’s solutions supportany network architecture, deviceportfolio, or content strategy

30. Agenda Products & Solutions Customers & Projects Velti Overview

31. Velti has delivered several projects to leading companies worldwide (1/5) • Vodafone Live! • Content Management System • Messaging Service Manager • Digital Rights Management • Self-Service Portal • Q-Telecom • On-Deck Portal • Management of all value-added services • Content aggregation and syndication • Personalized promotions and • cross-selling • TIM Plus • Multi-access, value-added WAP Portal • Content Management and rendering for 2.5G and 3G devices • Managed services of portal content 24x7 • Mo Mad (MVNO) • Multi-access WAP portal for teenagers emphasizing music, games, ringtones, sports and mobile TV streaming services • Promotion and cross-selling management • Orange UK • “gigsandtours” • Ticket priority notification & purchasing service • Orange users receive notifications for gigs of selected bands and artists • Registered users are also provided with designated allocation of tickets before tickets go on sale to the general public • ArmenTel • Content Management System • Mobile Service Manager • Managed services of multilingual portal content 24x7 • Strategy and promotion management

32. Velti has delivered several projects to leading companies worldwide (2/5) • Phone Bling • Mobile Downloads Portal • Flexibility in billing and charging schemes • SMS charging both mobile-terminating and mobile-originating, Paypal, VISA • Connectivity and carrier approval from 95% of US carriers • Instant white-label site creation for other brands • Vodafone • Vodafone Online • Comprehensive self-service portal including: • e-billing • e-care • e-shop • Hennessy • The Art of Mixing • Campaign promoting and supporting independent musicians • Micro-site where visitors view biographies, download tracks and vote their favorite bands • Registrants received text notification regarding new bands and music • Argos • Text & Take Home • Service allowing customers to quickly find and reserve products out of the Argos catalogue through their mobile device • Users are notified once products become available and they can reserve them for up to 3 days • Customers receive a text reservation code which they display in the store upon collection • BAA • Airport Information & Breaking News Mobile i-mode Site • i-mode site providing static airport information such as directions to the airport, terminal information, arrival & departure updates, etc • Site updated every 10 min • Content managed from feed provided by BAA • “Rate It”: a loyalty tool for building up • mobile communities - Online database of • opinions, ratings and reviews • User-generated content • Users create and manage their own categories or vote on existing ones • Get rating results via SMS, at sports events, movie theaters, bookstores, etc

33. Velti has delivered several projects to leading companies worldwide (3/5) • “Break the Da Vinci Code” Vodafone Live! • Leveraged the launch of the new movie by engaging Vodafone subscribers through quiz games • Cross-sell relevant content and promote Vodafone Live! portal • “Football-Mania 2006” • World Cup SMS Contest for ArmenTel • Massively engage wireless subscribers in the hottest sports event of the year • Associate carrier name with FIFA World Cup, through cross-media interaction and prize redemption • EKO Gas Company • SMS Contest • Loyalty, coupon redemption via SMS • Over 2m unique codes printed and distributed at gas stations • Cross-media participation (via SMS and website) • Hello!: “Style Awards 2005” SMS Voting • 2-month long playoffs-style awards between female celebrities • Vote count very close to total readership of magazine • “Play and Win IT” • Branded SMS contest for PC World • Magazine • Developed various point-scheme systems with probes (double point offers, bring-a-friend, holiday special bonus, double magazine enrollment) • More than 50 prizes awarded to contestants • “Metro FIFA World Cup 2006” • SMS Contest for “Metro” Newspaper • Loyalty and point-scheme system • Associate biggest free daily newspaper with hottest sports event of the year • Partnership with Philips, a FIFA World Cup Official Sponsor for awarding of prizes

34. Velti has delivered several projects to leading companies worldwide (4/5) • Status Magazine • WAP Site • On-deck WAP site for Greece’s most popular men’s magazine • Several thematic content categories, frequently updated based on information derived from actual magazine • Customized content according to user’s preference • Q-Telecom • “Q-Kisses” SMS Contest • Thematic SMS contest on the occasion of St. Valentine’s day • Almost 180,000 messages in a 3-week period with a penetration rate of 6,4% • Daily awarding of prizes and final draw for big winners • ArmenTel • “Treasure Hunt” SMS Contest • Biggest and most successful SMS contest ever conducted for ArmentTel • Penetration rate exceeded 11% of customer base • A total of 8,000 prizes were awarded during the 90-day contest period • 7MERES TV • WAP Site • Branded WAP site for Greece’s #1 TV guide • Easy-to-use WAP site allowing users to browse according to their own preferences • Variety of thematic categories updated constantly with content from actual magazine • Athinorama • WAP Site • Branded WAP site for Athens’ leading city guide • Tailor-made content specifically for mobile use; several thematic sections and weekly updated content • Highly-successful presence in all Greek carriers’ portals • ArmenTel • SMS-based Dating Service • Most successful ArmenTel SMS value- added service • Photo-dating and detailed user • profiling • Run promotions to increase usage

35. Velti has delivered several projects to leading companies worldwide (5/5) • Student Advantage • Mobile Solution offering: • Coupons • Vendor searches • Membership enrollment and renewal • Student Advantage subscription services • CBS {MaxPreps} (ESPN Partner) • Complete Mobile Strategy and Content Portal • including : • Downloads & sports alerts • CoachCaster, Interactive SMS Campaign • Filtered user-generated high school content • WAP Site, FlashCast Site, MMS, Video • OTE • Number Portability • Automation of processes including: • Handling in/our port requests • Notifications processing • Management of Intelligent Network (IN) switching • High volume of transactions: thousands of number portability requests processed • SMS Sweepstakes Competition New England Country Music Festival for Greater Media’s WKLB Country 99.5 radio station • 50,000 in attendance • Built e-mail database • 1-day implementation • Drew participants to join WKLB VIP Club

36. Velti BG developed the Disney Mobile Content Portal for M-Tel’s Vodafone Live! The Disney-branded mobile contentis aimed at maximizing customer satisfaction and increasing revenues The Disney Portal is promoted bybanners and ticketsat Vodafone Live! ‘s home page M-Tel registeredover 1,500 downloadsduring the first 2 weeks of the portal’s operation and expects a30% increase in 2007

37. Velti BG developed three mobile “Fresh” content and entertainment sites for GloBul’s i-mode portal Fresh Tones,Fresh Wallpapersand Fresh Games, have already registered10,000i-mode subscribers since the portal’s launch 8 months ago. Velti BG launched later on, the 4thFresh Funcontent site which includes entertainment services such as horoscopes, tests, taro readings, etc. Velti BG is scheduled to develop and operate, as of June 2007,i-mode sitesfor Bulgaria’smost popular magazines(Grazia, Maxi, Joy, etc) incooperation with leading local media groups.