Press Release

Major European Online Merchants, Victor Chandler and BETonSPORTS, Sign with NETELLER

NETELLER plc, a leading online money transfer service provider, is pleased to announce the continuing expansion of its European operations with the recent addition of Victor Chandler and BETonSPORTS.co.uk (including Betabet) to its merchant base. These two large and prestigious merchants now accept transactions from NETELLER’s growing worldwide member base.

“NETELLER continues to capitalize on the remarkable growth of the $ 6-billion-per-year i-gaming market by providing trusted, secure and innovative payment services to the largest and best names in the industry,” said Gord Herman, NETELLER’s President and CEO. “Today’s announcement underscores our commitment to leadership in online money transfer services based on offering our members and merchants a trusted, secure and convenient means of transacting with each other.”

Victor Chandler, formed in 1946, is the world’s largest independent sports betting and gaming group with operations in more than 70 countries. “As one of Europe’s most respected bookmakers, we are very pleased to launch the NETELLER payment service to our clients worldwide. NETELLER is a well known and highly regarded global brand in online payments,” said Gill Leivesley, Commercial Director for Victor Chandler.

BETonSPORTS.co.uk (including Betabet) is the newly formed UK subsidiary of BETonSPORTS, one of the world’s largest offshore sportsbooks. In 2004, BETonSPORTS achieved turnover of £26 million with over 33m bets placed, and the firm is preparing for floatation on AIM.  “BETonSPORTS.co.uk’s adoption of NETELLER’s widely used money transfer services is aligned with our commitment to leadership in the sports betting market,” said David Carruthers, President and CEO of BETonSPORTS.

About NEOVIA Financial Plc

Trusted by consumers and merchants in over 160 countries to move and manage billions of dollars each year, NEOVIA Financial Plc (formerly NETELLER Plc) operates the world's leading independent online payments business. Through its Payment Suite, featuring NETELLER®, NETBANX®, Net+™ and 1-PAY™ brands, NEOVIA specialises in providing innovative and instant payment services where money transfer is difficult or risky due to identity, trust, currency exchange, or distance. Being independent has allowed NEOVIA to support thousands of retailers and merchants in many geographies and across multiple industries.

Subsidiary company NETELLER (UK) Limited is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about NEOVIA Financial visit www.neovia.com.

NEOVIA Financial Plc recently changed its corporate identify from NETELLER Plc to better reflect the strength and breadth of its individual product brands. At the same time its ticker symbol changed from NLR to NEO.

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