Marcelo De Lima Press Release

Silicon Valley Entrepreneur Marcelo De Lima to Manage Marketing Activities for ViVOtech.

Los Altos, CA, April 25, 2001--- ViVOtech, Inc, the industry leader in providing mobile wallet solutions to simplify the usage of credit cards at the existing 21 million physical merchants, has added Marcelo De Lima, Silicon Valley entrepreneur, and experienced marketing professional to it's Team as the new Director of Marketing. De Lima will manage all marketing activities for company, having the challenge to create the communication strategy as innovative as the revolutionary ViVOtech solution, which completely changes the way consumers use credit and charge cards.

'As ViVOtech continues its fast-paced expansion and leadership position in the payment solutions market, Mr. De Lima will be a great asset for the company with his previous experience in marketing for high-growth start-ups.' said Jorge Fernandes, CEO of the company.

Mr. De Lima held marketing and business development management positions for two start-ups in the Valley. In 2000 he was co-founder of Amniventure.com, being responsible for all marketing activities for this accelerator of high-tech companies, In 1998-99 Marcelo was marketer for Qool.com, online auction site that uses an innovative micro payments system to create a loyalty program game with users.

'ViVOtech appears to me as one of the most promising new technology companies, based on excellent competitive advantages that not only include an extremely innovative business model, a clear first-to-market advantage, but specially a powerful patented solution developed by some of the best minds in the Valley.' said Mr. De Lima 'and I look forward to communicate to world how its products will change they way people make transactions online and offline…'

Before coming to the Valley Mr. De Lima was part of the marketing team at Philip Morris where he helped bootstrap the newly formed Key Accounts Management division in Brazil. He also held project management positions at Promon, one of Latin America's leading Telecommunication Service Provider. He holds a Marketing certificate from UC Berkeley and a Business Degree from Universidade de Sao Paulo (Brazil).

About ViVOtech, Inc.
"We turn cell phones into consumer payment devices."

ViVOtech makes both hardware and software to facilitate anytime anywhere commerce using mobile devices. ViVOtech is focused on the physical merchant transaction, where over 21 million merchants worldwide generate in excess of two trillion dollars in yearly transactions.

For More Information Contact:
Marcelo Lima, ViVOtech, Inc.
Phone: (650) 776-7109
mlima@vivotech.com