Obopay Executive Chairman Carol Realini to Speak at World Economic Forum in Switzerland

REDWOOD CITY, Calif. and DAVOS-KLOSTERS, Switzerland, Jan. 26, 2011 /PRNewswire/ -- Carol Realini, executive chairman and founder of Obopay, Inc., a pioneer in mobile payments, will participate in the World Economic Forum Annual Meeting 2011, an invitation-only meeting of leaders from industry, government, academia, civil society and the media that serves to shape the world agenda and act as a catalyst for solutions to global challenges.  Realini will be part of the Technology Pioneers panel, which will discuss the topic of "Overcoming Challenges As An Entrepreneur," and will participate in the "IdeasLab: Wicked Solutions for Wicked Problems with the Technology Pioneers" presentation and discussion.

"Working on three continents I am able to see first-hand the remarkable changes in banking access and affordability that are taking place," said Realini. "It is important for leaders everywhere to understand the potential of leveraging mobile phones to provide financial services that can empower life and work, especially those who have traditionally been excluded. Collaboration on the part of the world's leaders is a key part of achieving this goal."

The Annual Meeting of the World Economic Forum in Davos-Klosters, Switzerland, provides the opportunity for business, political and academic leaders to rethink the world's systems, and explore strategies and solutions that can have positive transformational implications.  The theme of this year's meeting is "Shared Norms for the New Reality," to reflect the focus of maintaining public trust in leadership, strong economic growth and political stability in an increasingly complex and interconnected world.

For more information about Realini's views on the subject of financial inclusion, visit her blog on the Obopay web site at http://blog.obopay.com/.  Realini will also be covering the World Economic Forum as a contributing blogger for the Huffington Post; which can be followed at http://www.huffingtonpost.com/carol-realini.  For more information about the World Economic Forum, visit http://www.weforum.org/.

About Obopay

Founded in 2005, Obopay, Inc. (www.obopay.com) offers mobile money services that transform any mobile phone into a convenient and easy way to send and receive money, get paid or pay small businesses, top-up accounts, buy via mobile and pay bills. Obopay's mobile money services address the needs of consumers and businesses around the world by providing a service that delivers value, empowers lives and improves opportunity for merchants. Obopay believes the power is in the network and has established partnerships that include Nokia, MasterCard, AT&T, Verizon, Essar, Union Bank of India, Yes Bank in India, Blackberry and Societe Generale. The company's offering enables partner-branded mobile money services that financial services and mobile partners can implement quickly at low deployment cost. Obopay has corporate headquarters in Redwood City, CA and in Mumbai, India.

World Economic Forum

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.

SOURCE Obopay, Inc.