OCO Oriel Communications Ltd.

[airedale]

OCO: Oriel Communications Ltd.
Is anyone following OCO. The weekly MA's have turned positive and also my weekly MACD indicator. They are involved in credit card and bill payments, and have recently signed an agreement with Chinese banks.
Discl: Holding OCO

[airedale]

Here is an update from Oriel....It is still very much a penny stock, but with potential.....Will it get to a dollar stock? that is a big {t]ask. But it could double and become a two penny stock. Actually if it doubles it will be 3.6 cents.
Discl: Holding OCO

23 February 2005 ASX Code: OCO
UPDATE ON GROWTH STRATEGY IN CHINA
Key Points
• Oriel reconfirms its strategy and focus for the Chinese e-commerce market.
• The BilltoBill technology is welcomed as the first Western style payment solution in China.
• Oriel focuses on targeting industries that are proven to produce large volumes of e-commerce
transactions in areas such as travel, software & hardware, and subscription based industries
(multiplayer online–gaming and downloads).
Asia Pacific is the third largest ecommerce market after North America and Europe but the fastest growing
of all three. Within Asia Pacific, China alone has the potential to overtake the USA as the world’s largest ecommerce
market in 5 years.
There is tremendous opportunity for a Payment Gateway that is exclusively focused on offering a
comprehensive payment solution to the Asia Pacific with China as the cornerstone requirement for “foreign”
corporate merchants. Oriel also expects that large Chinese companies will have a growing need to sell their
products online outside of China.
Oriel’s focus, therefore, is to attract quality merchants who will generate high volume transactions. In return,
Oriel will provide a more advanced and flexible Payment Gateway to these merchants compared with other
online Payment Gateway companies in China, especially in anticipation of the Olympics in Beijing in 2008.
Initially, Oriel is targeting budget airlines planning flights into China from surrounding countries, and
companies who sell subscriptions to online games or software downloads. In conjunction with Chinese
banks, Oriel is developing a solution for such ‘recurring’ transactions using direct debit facilities.
Oriel is fortunate to have secured the services of Mr. Martijn Hovinga who joined Oriel as CEO in October
2004. The expertise and knowledge of the Payment Gateway industry that Mr. Hovinga brings to the
Company has allowed Oriel to introduce a new focus on the target market. Since joining Oriel, Mr. Hovinga
has initiated and extended direct contacts with a number of target industries for the BilltoBill payment
platform. Before joining Oriel, Mr Hovinga was Vice President Business Development at Bibit Global
Payment Services. Over his five years with Bibit, Mr Hovinga established relationships with major ecommerce
merchants and financial institutions worldwide. He successfully developed new geographic
markets and new industries, producing substantial results within eight months of initiating these projects.
While implementing a successful team in the USA in 2003, Mr Hovinga shifted his focus to Asia Pacific. He
established relationships with credit card acquiring banks in the region and providers of alternative, local
payment options, offering merchants from the USA and Europe with access to the fastest growing audience
in the most dynamic region in the world.
Oriel has also appointed Chinese born Yang Lei in January 2005 as their new COO based in Shanghai. Mr
Lei brings to Oriel a valuable combination of western experience and education in management, engineering,
marketing, sales, support as well as a Chinese business approach and close local connections.
The realization that Oriel is uniquely placed, being a western Company with e-commerce payment
capabilities in China, and the relationships that Mr. Hovinga brings to the Company means that Oriel is able
2
to target some of the world’s largest companies who are now entering or planning to access the Chinese
market.
In the USA, Europe and Australia, the main drivers for e-commerce were the Low Cost Airlines making
flights affordable for a wider travel audience, and specific merchants revolutionizing established industries
by selling books or computers online and cutting out the ‘middleman’. Many of those

[airedale]

Announcement from Oriel Communications [OCO] today. They are forming an alliance with Asiapay.
http://stocknessmonster.com/news-item?T=ClCQ2pdYTMXCDBKiiFjxBA&E=ASX&S=OCO&N=236549

Discl: Holding OCO

[airedale]

Another alliance from OCO Oriel Communications today.
Discl: Holding OCO
http://stocknessmonster.com/news-item?S=OCO&E=ASX&N=238511

[airedale]

Another alliance from OCO today.21st September
2005 MEDIA RELEASE ASX Code: OCO
CHINESE MERCHANT ENGAGES BILLTOBILL PAYMENT SOLUTION
The Directors of Oriel Communications Limited (“Oriel”) are pleased to advise that its
100% subsidiary, BilltoBill Limited, has executed a contract with a reputable Shanghai
based company which operates in the entertainment industry in China.
The company, whose name cannot be released at this time, will add on-line ticket sales via
the internet as an additional distribution channel to their existing over the counter ticket
sales operation. More information regarding this new client company and their activities
will be released to the market in the near future.
BilltoBill has completed integration of the BilltoBill payment system with the company’s
website and both parties are very pleased with the relationship and the opportunity to
assist the growth of their respective businesses.
The signing of this merchant adds a second significant client for BilltoBill. In June 2005,
Oriel announced it had signed a contract with Myrice.com, one of China’s top 10 website
portal companies, to act as that company’s preferred payment service provider to
Myrice.com customers.
The BilltoBill payment gateway has been integrated with all Chinese national banks as well
as key regional banks in China that will allow BilltoBill to collect payments from millions of
Chinese customers on behalf of its current and prospective clients.
About BilltoBill
BilltoBill is an international payment solutions company with its fully licensed Chinese
subsidiary operating in Shanghai, China.
BilltoBill is a payment solution provider, specializing in flexible payment options, providing
payment solutions to online merchants in China.
The BilltoBill service enables merchants to sell goods online through its flexible payment
platform. These payment options include international credit cards, proprietary debit and
credit cards and cash payments in China through all Chinese national banks and key
regional banks.
BilltoBill is owned by Oriel Communications Limited which is listed on the ASX and has an
office in Melbourne, Australia.
Contact:
Mr. Martijn Hovinga, CEO, martijn.hovinga@billtobill.com cell: 0011 65 96669276

Holding OCO

[airedale]

Another alliance for OCO announced yesterday.

http://stocknessmonster.com/news-item?S=OCO&E=ASX&N=245737.

Currently trading at 1.7 cents

[spock]

And yet another one.
http://stocknessmonster.com/news-item?S=OCO&E=ASX&N=247264.

Could be worthy of a place on the watchlist.

[airedale]

Hi Spock, Shanghai Telecom TTS could be a big customer.

Discl: holding OCO

[spock]

Hi airdale,
Looks like Shanghai Telecom TTS are a relativey new company, but these chinese are highly motivated and switched on. The potential for growth is considerable.

number 1 market vol today

[airedale]

Announcements are thick and fast this week.
http://stocknessmonster.com/news-item?T=-pI26wz5USGqugeiiZ6VZB&E=ASX&S=OCO&N=247435
An agreement with the airline/travel industry partner.

[airedale]

To day's ann has seen OCO trading above 2 cents.

21 December 2005 MEDIA RELEASE ASX Code: OCO
LENOVO CHINA ENGAGES BILLTOBILL PAYMENT SOLUTION
The Directors of Oriel Communications Limited (“Oriel”) are pleased to advise that the company’s wholly owned subsidiary, BilltoBill Limited, has executed a contract to provide online and telephone payment solutions to Lenovo China, part of Lenovo Group Limited, the world’s largest manufacturer of personal computers.
Lenovo, formerly known as Legend, was founded in 1984 as a distributor of IT products. In April 2005, Lenovo acquired IBM's entire global desktop and laptop computer R&D and marketing business at the price of US$1.25 billion. After the transaction, Lenovo became the world’s largest PC manufacturer with an annual revenue exceeding US$13 billion. The company also manufactures and sells products ranging from cellular phones to supercomputers.
China is now the world's second-biggest PC market, with 15.8 million units shipped in 2004 and expected to grow by more than 14 per cent this year and in 2006, according to International Data Corp.
Oriel’s CEO, Martijn Hovinga stated, “This is the most significant transaction that has been executed by BilltoBill and comes after a number of months of negotiations with Lenovo China.”
“We are extremely pleased to be their partner in providing online payment solutions for their Teleweb business and look forward to a strong and rewarding relationship”, he added.
BilltoBill has completed integration of the BilltoBill payment service with Lenovo China’s websites and is commencing on-line sales in January 2006.
BilltoBill is also developing an online telephone payment system for Lenovo China, which is expected to be implemented in the first quarter 2006.
About Oriel
Oriel Communications Ltd is a public company that is incorporated and domiciled in Australia. Our principal line of business is providing payment and related services to companies (merchants) selling in Asia Pacific through the internet and other channels. This service is called BilltoBill and enables our merchants to accept payments from their customers by international credit cards, local proprietary cards and other methods of payment. www.orielcommunications.com.au
Contact:
In China: Mr. Yang Lei, COO, yanglei@billtobill.com.cn Tel: +86-21-5879 5450
Outside China: Mr. Martijn Hovinga, CEO, martijn.hovinga@billtobill.com cell: +65 9666 9276

[airedale]

Another partnership announcement from OCO.

1
2 February 2006 MEDIA RELEASE ASX Code: OCO
ORIEL CONTRACTS WITH TRX TO OFFER A COMBINED TRANSACTION PROCESSING AND PAYMENT SOLUTION TO GLOBAL MERCHANTS IN THE TRAVEL INDUSTRY
Key Points
• TRX and ORIEL will coordinate the marketing strategy and execution of the combined solution to existing and potential clients in China;
• TRX will integrate its technologies and services with Oriel’s BilltoBill solution with support from Oriel;
• TRX and Oriel will also explore other opportunities outside China, especially in India.
The Directors of Oriel Communications Limited (“Oriel”) are pleased to announce the signing of a Combined Solution Agreement between Oriel and TRX, Inc., of Atlanta, Georgia, USA, (“TRX”) a leading, independent provider of transaction processing and data integration solutions to the global travel industry.
Working with the world’s largest online and traditional travel agencies, flagship airlines and many others, TRX provides hosted technology and services through five applications: RESX (Online Booking), SELEX (Agent Technology), CORREX (Automated Processing), TRANXACT (Settlement & Exceptions), and DATATRAX (Data Integration). By managing transaction processing and data integration activities on behalf of their clients, TRX enables clients to focus on their customers and core business. TRX has identified and recognized their clients’ needs to extend their offering into Asia, and China PRC in particular.
Susan Hopley, TRX Executive Vice President, Emerging Markets, stated: “Our clients operate in multiple markets throughout the world, and China is currently the fastest growing travel market. Although e-commerce in China is still in its infancy, we are convinced that in the future many more travel and travel-related bookings will be performed online. We need a payment component in order to offer our clients a complete solution while helping them complete their supply chain -- that‘s exactly what Oriel’s BilltoBill payment service enables us to do.”
Through the Oriel partnership, TRX would be able to process a broad range of payment options on behalf of its clients as they expand their services into China, and other rapidly growing travel commerce regions in Asia, especially India.
2
Oriel’s CEO, Martijn Hovinga, stated: “We are very excited about this partnership. Our strategy has always been to focus on the travel industry in China since we knew that this industry generates the majority of on-line e-commerce transactions in North America and Europe. We have been looking for strong partners in this industry already working with leading merchants. The co-operation with TRX makes it easy for their clients to get access to online consumers in China and collect their payments through the BilltoBill payment solution.”
Both parties also intend to explore further joint opportunities outside of China, especially in India where TRX already maintains operations in Bangalore.
About Oriel
Oriel Communications Ltd is a public company that is incorporated and domiciled in Australia. Our principal line of business is providing payment and related services to companies (merchants) selling in Asia Pacific through the internet and other channels. This service is called BilltoBill and enables our merchants to accept payments from their customers by international credit cards, local proprietary cards and other methods of payment. www.orielcommunications.com.au
About TRX, Inc.
TRX (NASDAQ: TRXI) is a leading, independent provider of transaction processing and data integration services to the global travel industry. TRX provides five hosted technology and service offerings: RESX (Online Booking), SELEX (Agent Technology), CORREX (Automated Processing), TRANXACT (Settlement & Exceptions), and DATATRAX (Data Integration). TRX provides each of these solutions individually or as a comprehensive, integrated end-to-end processing suite for travel agencies, travel suppliers, large corporations, credit card issuers, and expense management companies. TRX is headquartered in

[airedale]

Announcement from OCO today shows that Martin Hovinga, company director has been increasing his stake in the company.
Other recent news is that OCO has signed a deal to process ticket sales for the Rolling Stones concert at Shanghai..[amongst other things].

[airedale]

More news from OCO11 May 2006 MEDIA RELEASE ASX Code: OCO
WORLD TRAVELLERS NETWORK (WTN) SIGNS PAYMENT
AGREEMENT FOR ONLINE PAYMENT IN CHINA PRC
Key Points
• World Travellers Network Inc (WTN), headquartered in San Jose, USA, is a leading
online B2B distributor of China inbound hospitality products and services;
• BilltoBill signs agreement with WTN to process online payments in China PRC,
using local debit and credit cards.
The Directors of Oriel Communications Limited (“Oriel”) are pleased to announce the
signing of a Payment Services Agreement between Oriel’s Chinese subsidiary, BilltoBill,
and World Travellers Network (WTN, website: http://www.world-travelers.net),
headquartered in San Jose, USA. WTN is a leading online B2B distributor of China
inbound hospitality products and services. WTN uses its e-travel platform – a centralized
multi-channel marketing, distribution and reservation system - to distribute its hospitality
services through major electronic distribution channels.
Oriel’s COO, Yang Lei, said “We are very pleased that World Travellers Network has
agreed to become a customer of BilltoBill. This supports our growth strategy of diversifying
our customer portfolio into the Business to Business (B2B) area in the lucrative travel
sector".
WTN's CEO, Dr. Frank Zheng, said: "It was an easy decision for WTN: BilltoBill offered us
the most flexible payment solution and their staff are the most customer focussed. We look
forward to developing a strong and professional relationship".
With its merchant hotel network, WTN has a supplier base of 2000+ hotels throughout
China and maintains exclusive international distribution agreements with 1000+ member
hotels (five-, four- and three-star properties) in 228 locations worldwide. WTN provides
travel agencies, Fortune 1000 corporate companies, MICE (Meetings, Incentives,
Conferences, and Exhibitions) organizers and FIT (Free Individual Traveler) worldwide
with a variety of hospitality services such as lodging, transportation, business travel
packages, tour packages and MICE packages.
About Oriel (ASX:OCO)
Oriel Communications Ltd is a public company incorporated and domiciled in Australia.
Our principal line of business is providing payment and related services to companies
(merchants) selling in Asia Pacific through the internet and other channels. This service is
called BilltoBill and enables our merchants to accept payments from their customers by
international credit cards, local proprietary cards and other methods of payment.
www.orielcommunications.com.au
Contact
In China: Mr. Yang Lei, COO, yanglei@billtobill.com.cn Tel: +86-21-5879 5450
Outside China: Mr. Martijn Hovinga, CEO, martijn.hovinga@billtobill.com Tel: Asia +65
96669276,
North America +1 773 8284522, or Europe +44 20 7933499

Discl: Holding OCO

[airedale]

This is the third of three positive announcements this month.

http://sa.iguana2.com/cache/89c030bb04d25672ee5328b2c1837090/ASX-OCO-255443.pdf

Asian Airline to engage Bill-to-Bill for payment solution.

[airedale]

Oriel announce a deal with Singapore Airlines.


http://sa.iguana2.com/cache/0526a05f92040a800e15dc8c5c358e8f/ASX-OCO-256583.pdf

Discl Holding OCO

[airedale]

Trading halt for OCO. A deal with Microsoft was recently announced. Don't know if there is a connection.

[steve fleming]

quote:Originally posted by airedale

Trading halt for OCO. A deal with Microsoft was recently announced. Don't know if there is a connection.




Hi Airedale,

i think OCO must have broken some sort of record for the number of price sensitive announcements released in a 2 week period...they just keep pumping them out!

i held OCO prior to the curent CEO coming on board...he has definitely helped take OCO to the next level....has OCO given any projections as to future profitability/cash flows??

cheers

[airedale]

Hi Steve, no financials yet since the last financial year. But when the shares consolidated Martin Hovinga said that the company's financial position would support the higher share price.
Lets hope that is correct.
There has been a real flood of announcements this year.

[steve fleming]

quote:Originally posted by airedale

Hi Steve, no financials yet since the last financial year. But when the shares consolidated Martin Hovinga said that the company's financial position would support the higher share price.
Lets hope that is correct.
There has been a real flood of announcements this year.


Hi Airedale, I sold out of OCO a couple of years ago when it looked like it was going nowhere. However the recent quality announcements with the likes of Microsoft have renewed my interest...will be watching closely to see if the annoucements can flow through to the bottom line...fingers crossed!

[BehemothEagle]

looks promising

[airedale]

http://sa.iguana2.com/cache/1b1f657a23442872c253bbd91ba46fa2/ASX-OCO-261351.pdf

Press release from OCO.

They seek to acquire Value Chain International and former Infosys chief Ananda Rao will join the combined entity.

[airedale]

Press release from OCO today.They have signed an agreement with Cathay Pacific. CP will use their bill-to-bill payment system.
http://sa.iguana2.com/cache/197eb6e51d94d152a67572538edf7207/ASX-OCO-265877.pdf

[airedale]

Todays ASX Ann from OCO.

ORIEL / BILLTOBILL - MARKET UPDATE
Key Points
• Oriel forecast rapid revenue growth in 2007, up to 30 times the 2006 transaction volume;
• Growth expected from recent signing of significant merchants.
Melbourne, 21st February 2007. Oriel Communications Ltd. (Oriel”) is pleased to provide a market update
report on the progress of the BilltoBill payment solution in China and also the new functional offering to merchant
clients, namely the BizztoBizz Accelerator.
The BilltoBill payment solution has witnessed very strong volume growth performance in recent months with the
average monthly volume across January and February being almost 6 times the average monthly volume in 2006.
The increased growth is a result of several new merchants going ‘live’, autonomous growth from existing
merchants and an increase in the average transaction value.
For calendar year 2007, BilltoBill expects to achieve transaction volumes of up to 30 times the volume achieved in
2006. This forecast is based on sharp increases in transaction volume from existing clients (e.g. Cathay Pacific),
new signed merchants going ‘live’ (e.g. Dragonair and Singapore Airlines) and new merchants currently in the
pipeline, especially in the travel, ticketing and insurance industries.
Commenting on the growth, Oriel’s CEO Martijn Hovinga said: “Over the last two years, we have established all the
components of a solid foundation for the future. We are now reaching a turning point where consumers and
merchants alike are gaining confidence with our system and our excellent customer service levels at both ends.
Our strategy of focussing on quality customers, personal service and industry recognition is starting to pay off.
It is apparent that with the signing of customers of the calibre of Lenovo China and Cathay Pacific, to name but
two, we are well on the way to achieving our strategic objective of becoming a pre-eminent payment company for
the region” he added.
Other factors that are expected to contribute to the accelerated growth are:
• BilltoBill will complete the development of an interface with a major credit card acquiring bank in China in
March. This will provide our merchants with a more sophisticated credit card fraud detection capability,
resulting in a higher success rate for Visa and MasterCard transactions combined with a lower exposure to
fraudulent transactions; and
• The number of bank card holders with Chinese banks who have registered for internet banking using a
special token, known in China as the ‘USB key’, is growing fast. USB key holders are not subject to limits on
transaction amounts when they use their debit card online.
The BizztoBizz Accelerator is BilltoBill’s unique solution for the enormous business-to-business market in China. In
August 2006, Oriel announced the launch of the BizztoBizz Accelerator to improve the cashflow and accuracy of
transactions processed between merchants and product resellers when distributing products in the business-tobusiness
market segment.
Having completed extensive ‘live’ testing of the new service, BilltoBill expects to deliver this product to three
merchants in 2007.
Forecast 2007 growth excludes any sales proceeds from the BizztoBizz Accelerator however progress of this very
exciting product offering will be provided once transactions have commenced.
About Oriel (ASX: OCO)
Oriel Communications Ltd is a public company, incorporated and domiciled in Australia. Oriel's principal line of
business is providing payment and related services to companies (merchants) in Asia Pacific. In the business to
business space Oriel offers a new service called “BizztoBizz Accelerator”. The BilltoBill business to consumer
service is an outsourced payment gateway for helping merchants to accept payments through multiple methods,
such as credit cards, local debit cards and bank transfers. www.orielcommunications.com.au
Contact
In China: Mr. Yang Lei, COO, yanglei@billtobill.com.cn Tel: +86-21-5879 5450
Outside China: Mr. Martijn Hovinga, CEO, martijn.ho

[airedale]

ASIAN ONLINE TRAVEL PORTAL AGODA SIGNS
PAYMENT SERVICES AGREEMENT
TO FACILITATE ONLINE PAYMENTS IN CHINA
Key Points
• LEADING ASIAN ONLINE TRAVEL PORTAL TO ENGAGE BILLTOBILL
• BILLTOBILL CONTNUES TO STRENGTHEN POSITION IN TRAVEL INDUSTRY
Melbourne, 5th March 2007. The Directors of Oriel Communications Ltd. are pleased to advise that
BilltoBill continues to strengthen its position as a leading provider of payment services to the travel industry.
BilltoBill has entered into an agreement with AGODA, a leading online travel agency with entities in
Singapore and Thailand, to provide payment services to travellers from Mainland China. With the BilltoBill
alliance, AGODA clients in China can utilise their debit cards when purchasing travel products from
AGODA.
Oriel’s Chief Executive Officer, Martijn Hovinga explained that the partnership agreement was significant for
two reasons. “Firstly, AGODA has extended their service to debit card holders. This is important as whilst
there are only 20 million credit cards in China there are nearly a billion debit cards. Our client was determined
not to miss out on this massive group of debit card holders. Secondly, this is the first signing of an Asian
travel portal based outside China. Clearly AGODA see BilltoBill as a significant partner for entry into the
China market”.
Integration to the BilltoBill payment service has commenced directly after signing.
Oriel’s directors are delighted that BilltoBill is further strengthening its leadership in the online travel and
airline industry, the most important and fastest growing online industry in China.
About Oriel Communications Ltd. (ASX: OCO)
Oriel Communications Ltd is a public company, incorporated and domiciled in Australia. Oriel's principal
line of business is providing payment and related services to companies (merchants) in Asia Pacific. In the
business to business space Oriel offers a new service called “BizztoBizz Accelerator”. The BilltoBill business
to consumer service is an outsourced payment gateway for helping merchants to accept payments through
multiple methods, such as credit cards, local debit cards and bank transfers.
www.orielcommunications.com.au
Contact
In China: Mr. Yang Lei, COO, yanglei@billtobill.com.cn Tel: +86-21-5879 5450
Outside China: Mr. Martijn Hovinga, CEO, martijn.hovinga@billtobill.com Tel: Australia 03 9018 5431, Asia
+65 96669276, North America (773) 8284522, or Europe +44 20 7933499

[airedale]

Oriel debt free.

ORIEL COMMUNICATIONS MARKET UPDATE
BILLTOBILL PAYMENT SOLUTIONS CHINA
Key Points
• BILLTOBILL GROSS REVENUES ACCELERATE
• NEW MERCHANT SIGNINGS.
• COMPETITIVE LANDSCAPE IS CHANGING
• ORIEL DEBT FREE
Melbourne, 2 April 2007. The Directors of Oriel Communications Ltd. (“Oriel”) advise that
BilltoBill‘s growth rate has shifted into a much higher gear than that which was anticipated by
the company.
BilltoBill’s gross revenues in March 2007 almost doubled compared to February, 2007. For
April, 2007, Billtobill expects a further doubling of transactions compared to March, 2007 on the
basis that a number of new merchant partners will start transaction processing.
In addition we are pleased to announce the signing of new merchants in the gaming (nongambling)
space, namely sancogame.com and XJZ.com.cn, as well as other merchants selling
consumer goods including hopebuy.com and netmart.com.
In addition, our pipeline with quality merchants has strengthened of late and we expect to enter
into further relationships in April, 2007 which if significant will be announced to the market at the
relevant time.
Oriel believes that common sense is returning to the market and competitors are commencing
to charge realistic pricing rates for their services. Previously it was common practice for our
competitors to offer below cost price to gain market share, whereas we now see a change
towards more rational business behaviour; we anticipate that this will assist BilltoBill to maintain
its prices and to grow revenues over time. For an example of this behaviour, please refer to:
http://www.auctionbytes.com/cab/abn/y07/m03/i19/s02.
We are also pleased to advise that following the recent capital raising the convertible note from
November, 2005 has been repaid in full and that Oriel is once again debt free.
Oriels’ Chief Executive Officer, Martijn Hovinga, commented today:” There have been a number
of very positive developments for Oriel over the past three months. As a team we are more
determined than ever to achieve our goal of being a pre-eminent payment services provider to
quality merchants in the region.”
About Oriel Communications Ltd. (ASX: OCO)
Oriel Communications Ltd is a public company, incorporated and domiciled in Australia. Oriel's
principal line of business is providing payment and related services to companies (merchants) in
Asia Pacific. In the business to business space Oriel offers a new service called “BizztoBizz
Accelerator”. The BilltoBill business to consumer service is an outsourced payment gateway for
helping merchants to accept payments through multiple methods, such as credit cards, local
debit cards and bank transfers. www.orielcommunications.com.au
Contact
In China: Mr. Yang Lei, COO, yanglei@billtobill.com.cn Tel: +86-21-5879 5450
Outside China: Mr. Martijn Hovinga, CEO, martijn.hovinga@billtobill.com Tel: Australia
03 9018 5431, Asia +65 96669276, North America (773) 8284522, or Europe +44 20 7933499

[airedale]

OCO announces increased growth:

ORIEL COMMUNICATIONS MAY 2007
MARKET UPDATE
BILLTOBILL PAYMENT SOLUTIONS CHINA
Key Points
• BILLTOBILL EXCEEDS EXPECTED GROWTH IN GROSS REVENUES
• DRAGONAIR COMMENCES ‘LIVE ‘ TRANSACTIONS
• EXCITING NEW PRODUCT EXTENSION APPEALS TO CHINESE CULTURE
Melbourne, 2nd May 2007. The Directors of Oriel Communications Ltd. (“Oriel”) advise that
BilltoBill continues to generate rapid growth in gross revenues.
BilltoBill’s gross revenues in April 2007 more than doubled those achieved in March 2007. For
the remainder of the 2007 calendar year, BilltoBill conservatively estimates an average month to
month growth rate of gross revenues of between 28% and 38%.
Over the calendar year 2007, this would result in total gross revenues of between 30 and 46
million RMB from its business to consumer payment service only.
BilltoBill is also pleased to announce that Dragonair, a full subsidiary of Cathay Pacific Airways,
has commenced ‘live’ transaction processing through the BilltoBill service. Quoting from their
press announcement dated April 17th, “Dragonair has revamped its website
(www.dragonair.com) with a new look and additional online services for customers, and now
offers online booking for the first time. The online booking services are available for flights
departing from four destinations – Hong Kong; Beijing, Shanghai, and Xiamen – with more to be
added later.”
BilltoBill is currently processing debit and credit card transactions for Dragonair flights from
cities in mainland China.
In addition, BilltoBill has completed the development of a ‘hosted call centre service’ that will
soon be launched into the China market. This service will allow existing and new merchants to
sell products and services through their call centres. Their call centre agents can enter
transaction and card information online in an application hosted by BilltoBill. In addition to its
transaction charges, BilltoBill will also invoice development and ongoing hosting fees. Sales
through the call centre appeals to the cultural needs of many Chinese to establish personal
contact when making a purchase.
Oriel’s Chief Executive Officer, Martijn Hovinga, commented today: “We have quietly and
consistently built the fundamentals of our payment service. I am excited to see substantial and
ongoing progress.”
About Oriel Communications Ltd. (ASX: OCO)
Oriel Communications Ltd is a public company, incorporated and domiciled in Australia. Oriel's
principal line of business is providing payment and related services to companies (merchants) in
Asia Pacific. In the business to business space Oriel offers the “BizztoBizz Accelerator”. The
BilltoBill business to consumer service is an outsourced payment gateway for helping
merchants to accept payments through multiple methods, such as credit cards, local debit cards
and bank transfers. www.orielcommunications.com.au
Contact
In China: Mr. Yang Lei, COO, yanglei@billtobill.com.cn Tel: +86-21-5879 5450
Outside China: Mr. Martijn Hovinga, CEO, martijn.hovinga@billtobill.com Tel: Australia
03 9018 5431, Asia +65 96669276, North America (773) 8284522, or Europe +44 20 7933499

[airedale]

Looks like OCO is attracting some attention.

ORIEL COMMUNICATIONS RECEIVES STRATEGIC
INVESTMENT PROPOSAL FROM FCP BRENCORP
Key Points
• BOARD CONSIDERS PROPOSAL FROM FCP BRENCORP TO TAKE CONTROL
OF ORIEL VIA A SCHEME OF ARRANGEMENT
• FCP BRENCORP TO MAKE A SUBSTANTIAL INVESTMENT IN ORIEL
• MAJOR GROWTH PROSPECTS ANTICIPATED FOR BILLTOBILL ARISING
FROM THE TRANSACTION
Melbourne, 21 June, 2007. The Directors of Oriel Communications Ltd. (Oriel) (ASX:
OCO) advise that they have received a proposal from FCP Brencorp (FCP) for FCP to
take control of Oriel via a scheme of arrangement (“Proposal”).
When first advised of the Proposal, the Company’s securities were placed in trading halt
on Thursday 14th June, 2007 and voluntarily suspended from trading on Monday 18th
June, 2007. Following receipt of final terms, FCP has given Directors an open offer
period to consider and evaluate the Proposal in an effort to secure a favourable outcome
for Oriel shareholders.
In an initial response, the Directors believe the reputation that FCP would bring to Oriel
could potentially add significant value to the Company and its future operations.
FCP Brencorp is a direct investment company that is jointly owned by First Capital
Partners Limited (FCPL) and the Brencorp Group of companies. FCP Brencorp’s focus is
investing in companies that are Asian based with a predominant focus on China, as well
as a number of Australian companies that have products or services that can be used as a
core platform to expand into China or other Asian growth markets.
FCPL is a boutique investment banking company that specializes in M&A and direct
investments, principally based in Hong Kong and Shanghai and is well-known for a
number of high profile M&A transactions.
The Brencorp Group of companies is an established investment group that has been
involved in a number of high profile and well-known transactions in Australia.
Under the terms of the Proposal, FCP will take a significant shareholder stake in Oriel,
following execution of a subscription agreement, for FCP to invest and secure a 75%
equity interest in the Company, at a share value to be agreed, subject to shareholder and
regulatory approval. Oriel shall also seek shareholder approval to change its name to
“FCPB Investments Limited”.
Subsequent to the strategic investment, FCPB Investments Limited shall act as a primary
investment vehicle for FCP Brencorp and associated ventures in Australia. Its investment
strategy shall focus on investments in China and Asia in the following areas:
1) Financial Services
2) Logistics and Transportation
3) Retail and Leisure
4) Other high growth opportunities in China and Asia
In order to execute such strategy, FCP will assist FCPB Investments Limited to raise funds
of approximately AUD $100 million to AUD $200 million for its investment pipeline in
China, Asia and Australia.
Regarding Oriel’s subsidiary in China, BilltoBill:
#56256;#56451; FCP will bring strategic benefits through its network and a number of related
investments in the payment sector, such as Oncard (ASX:ONC) and Customers
(ASX:CUS);
#56256;#56451; FCP shall provide additional funding to BilltoBill through FCPB Investments Limited
to further accelerate its dynamic growth; and
#56256;#56451; FCP intends to continue with the current executive management team.
Acceptance of the Proposal is subject to a favourable recommendation by the Board and,
if approved, regulatory and shareholder approval at a General Meeting of Shareholders
which is proposed for August, 2007.
Oriel also reports that it has raised $1,000,000 from the placement of 20 million ordinary
shares at 5 cents per share to sophisticated investors who are existing shareholders in the
Company. Equity raised will be used to fund the due diligence undertaken on the
Proposal, complete the necessary regulatory requirements and provide additional working
capital. FCP is fully aware of this placement which does not affect the terms of the
Proposal.
About FCP Brencorp
FCP Brencorp is a jointly