Snap MyLife, Inc. Selects PayOne for Mobile Carrier Billing

PRINCETON, N.J. (March 12, 2012) – Snap MyLife, developer of consumer cloud-service applications for mobile devices and other Internet-enabled consumer electronics, offers customers the simplest way to pay for its digital services.

PayOne AnyPhone gives Snap MyLife subscribers the option to pay for services with a mobile, landline or broadband account via any connected device. No credit card or sensitive financial information is required. AnyPhone allows four billion consumers to securely participate in the digital economy, with vendor-branded checkout capability.

“PayOne is the only carrier billing partner in the market with an offering that covers the on-the-go mobile lifestyles of our customers with an easy way to make mobile payments,” said Omar Ferrer, Vice President of Snap MyLife.

“From carrier billed mobile payments for content and subscriptions purchased directly from a connected TV, PayOne is providing us with the tools necessary to help monetize and grow our business in a rapid and efficient manner.”

Snap MyLife’s award-winning product portfolio includes Snap™, Snap MyLife, Snap Sync™, Snap Music™ and Snap Secure™.  Consumer appetite for cloud-service applications is very strong, and the company has more than 500,000 monthly paying subscribers, and is experiencing rapid growth as it expands into international markets.

About Snap MyLife:

Snap MyLife, Inc. is a fast-growing developer of consumer cloud-service applications for mobile devices and other Internet-enabled consumer electronics. Its applications under the Snap™, Snap MyLife®, Snap Sync™, Snap Music™ and Snap Secure™ brands allow consumers to leverage cloud-services with simple, yet powerful applications for content sharing, messaging, editing, streaming, backup and synchronization, as well as device and content security across virtually all consumer electronics device categories. Snap MyLife is headquartered in Princeton, N.J., with offices globally, and is backed by Edison Ventures and Sycamore Ventures. For more information, visit www.snapmylifeinc.com.

About PayOne:

PayOne is the global leader in mobile payments and carrier billing, making it easy and convenient for consumers to charge digital purchases from any connected device to their mobile, broadband or home phone bills.  Digital merchants, publishers and content providers have leveraged PayOne’s carrier network of more than 1200 telecom operators in 80 countries – reaching over 4 billion consumers and 10 billion connected devices – to generate more than $5 billion in new incremental revenue.  PayOne’s ability to deliver the highest monetization for its merchants and its first rate customer service have earned the company the lowest client churn rate in the business.  Previously called PaymentOne, PayOne is profitable, privately held, and is based in the Silicon Valley