The Revere Group, an NTT DATA Company Acquires Chicago-Based mPayy, Inc.

The Revere Group, an NTT DATA Company Acquires Chicago-Based mPayy, Inc.

Merger supports Revere’s expansion in the Financial Services Industry and enhances overall offerings

Chicago, Illinois – June 14, 2011 – The Revere Group, an NTT DATA Company and leading global business and IT consultancy firm, is pleased to announce the acquisition of mPayy, Inc. mPayy, Inc, a privately held financial services technology company that specializes in electronic and NFC payment, will continue its place of operation at The Revere Group’s corporate headquarters located in Chicago, Ill. The merger is another step in Revere’s expansion strategy to better service global financial services companies. Currently The Revere Group’s financial services practice offers strategic planning consulting, business intelligence solutions, and leading edge offerings in the interactive, social media and mobile banking marketplace.

“Becoming a part of The Revere Group and the NTT DATA family of companies provides us with a platform to accelerate growth and reach new markets faster. In addition to our solid service offerings in electronic and NFC payment, we are now positioned to offer a holistic solution and full range of payment related services to our clients by leveraging Revere’s and NTT DATA’s expertise and capability in Interactive, Business Intelligence, Operational Efficiency, and Managed Hosting IT Services,” states Conrad Sheehan, founder and CEO of mPayy. “We look forward to leveraging existing relationships and strengthening the Revere and NTT DATA brand.”

“This acquisition supports the goal of continuing to expand our presence in the financial services industry and the public sector. mPayy’s growth, reputation and service offerings are particularly complementary to Revere,” states Michael Parks, Revere’s CEO. “We are pleased to welcome mPayy, Inc. and its team members as a part of The Revere Group.”

Michael Horne, Revere’s National Financial Services Practice Leader added, “mPayy, will expand our offerings within Financial Services and the Public Sector to include robust Open Fare Payments, Mobile & NFC Payments, Micro-Payments, stored value payments and other leading-edge transaction processing capabilities. This new capability will allow Revere to provide direct payment related solutions as well as help our financial services clients as they explore new ways to provide payment related services to their customers.”

About mPayy

Founded in 2008,mPayy is a secure online, mobile and NFC payment platform that enables merchant and bill payment processing for any sized business or organization.

About The Revere Group

The Revere Group, an NTT DATA Company is a leading global business and IT solutions consultancy that specializes in assisting high performing mid-tier and fast growing companies. Revere provides industry, process and technology expertise with a proven service approach—Think, Build, Source—to pave the way for your success. Revere focuses on three business challenges to increase business agility and bottom line results: Interactive , Operational Efficiency and Managed Services . Founded in 1991 and headquartered in Chicago, The Revere Group has regional offices in Boston, Charlotte, Denver, Los Angeles, Milwaukee and Orlando. As a trusted advisor to its clients, The Revere Group is committed to improving its clients’ business and IT alignment. For more information visit: www.reveregroup.com .

About NTT DATA

NTT DATA is a quoted subsidiary of Nippon Telegraph and Telephone Corporation (“NTT”). It offers a broad range of IT services including consulting, systems integration and IT outsourcing. NTT DATA, which was ranked 7th in the IT services market and has approximately 39,000 employees and posted total revenues of approx. JPY 1.1 trillion (USD 13.7 billion). Since 2005, NTT DATA has taken steps to develop its international business model, including the acquisitions on a global scope. NTT DATA has been actively pursuing IT partnership strategies for IT innovation with client companies to progressively expand its customer base and acquire development resources. For more information visit: www.nttdata.co.jp/en/

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