Mobile Clearinghouse Network Awarded Microsoft® BizSpark One Status

SEATTLE, Feb. 29, 2012 /PRNewswire/ -- Mobile Clearinghouse Network (MCHN) announced that it has been chosen to join the Microsoft BizSpark One program. The program identifies a small number of high-potential companies from Microsoft BizSpark, comprised of more than 45,000 startups from over 100 countries around the world. MCHN develops mobile products that integrate directly with a financial institution, business or government's existing infrastructure and enables the interoperability between all mobile payment technologies, wireless carriers and devices.

MCHN Mobile Solutions, a division of MCHN, is an interoperable, white label commerce application. The Mobile Solutions suite of services has proprietary technology enabling end-users to transform the use of their mobile phone for secure banking, payment functions, customer service, chat and money transfers 24 hours a day - 7 days a week. As a member of the Microsoft® BizSpark One program, MCHN is using the Microsoft® Security Development Lifecycle (SDL) to ensure that MCHN Mobile Solutions is offering optimized security.

"The BizSpark One program is comprised of some of the strongest startups in the industry with the biggest potential for continued success," said Mark Relph, Senior Director of the Emerging Business Team at Microsoft. "We think MCHN has a great potential to serve the 5.9 billion mobile phone subscribers worldwide and is poised for success in the mobile banking space. We look forward to continuing to work with them through their growth and development."

Hani Beshara, CEO of MCHN stated, "We are honored to be a member of the Microsoft® BizSpark One program and look forward to utilizing all of their services. "

About Mobile Clearinghouse Network (MCHN)
MCHN is a global hub that enables interoperability between all financial institutions, banks, payment technologies and wireless carriers. Several channels including mobile phone, WAP, USSD, SMS and Chat can be connected to the MCHN hub via a comprehensive web service interface to move money effectively in real time and in multiple currencies.

MCHN Mobile Solutions is a secure mobile commerce solution that enables end-users to perform all of their banking functions, transfer money or make payments anywhere/anytime.  The solution is also a white-label platform for MCHN clients to customize to extend their brand and facilitate mobile banking and payments transactions. Clients can easily integrate MCHN Mobile Solutions with their current financial system, adding a highly secure mobile service to attract and retain customers. Visit www.mchn.com for more information.

About Microsoft BizSpark
Microsoft BizSpark is a global program that helps software startups succeed. With more than 45,000 startups from 100 countries in the program and a global network of 2,300 BizSpark partners, Microsoft provides great business value to young technology companies around the world. The program provides a wide range of Microsoft technology, technical and business expertise, and enhanced market visibility. More information is available at http://www.microsoft.com/bizspark.       

SOURCE Mobile Clearinghouse Network