YOO Yoomedia

    YooMedia plc

New Customer Agreement

Remote Parking Payment Contract with Leading Car Park Company

YooMedia plc ("YooMedia" or "the Company"), the interactive media and games
group has, under its partnership agreement with PayChannel, entered into an
agreement with Meteor Parking Limited, part of the GoAhead Group Plc and
Britain's third largest car parks company.

The agreement is to provide remote payment services via a secure cashless
payment service called YooPark. It is expected that through YooPark, the
Company will earn a minimum of 17p per transaction per space and that this
agreement will cover at least 19,000 spaces, all at railway station car parks,
with expected further growth through roll-outs to other Meteor locations.
Whilst the initial deployment and subsequent roll out schedule is yet to be
finalised, the scope of planned deployment of YooPark by Meteor will include
car parks on the Southeastern, West Midlands, and Southern rail franchises.

There are two YooPark products being provided. Using the first, motorists are
able to dispense with the tradition of feeding car park machines with coins.
Instead payment can be tendered using an Interactive Voice Response (IVR)
system without any requirement for prior registration or, if preferred, via
mobile phone text messaging (for those who choose to register). If registering,
the IVR system will retain customers' payment card details for future use so
that these are never transmitted via SMS. Where a ticket has not been displayed
in the windscreen, parking attendants will be able to input the car
registration number into a Wireless Application Protocol (`WAP') application to
check if a valid YooPark payment has been made. Car park users who have not
paid will be issued with a Penalty Charge Notice (PCN). The second YooPark
product being provided allows payment of the PCN via a further IVR service
covered by the same transaction charging scheme as IVR parking. Both products
provide Meteor with full reporting and enquiry facilities and car park users
can request additional services such as SMS Reminders when their YooPark
parking time is about to expire and SMS Receipts for YooPark PCN payments.

YooMedia continues to explore opportunities in the parking and interactive
gaming sectors for its dedicated transaction services.

Neil MacDonald, Managing Director, commented:

"Expanding business activities through different applications of our
proprietary software is the principal focus of the Company. YooPark is a prime
example of what we can achieve.

"I am delighted that Meteor recognises the advantages of our system, which
enables an individual to simply park their car and pay using a mobile phone
while on the train. We believe this system to be at the forefront of the sector
and it has the ability to significantly add to our future profitability."

                                                                 24 August 2007

Enquiries:

YooMedia plc                                  Tel: 020 7462 0870              
                                                                              
Neil MacDonald, Managing Director                                             
                                                                              
Nexus Financial Ltd                           Tel: 020 7451 7050              
                                                                              
Nicholas Nelson/Kathy Boate                   nicholas.nelson@nexusgroup.co.uk
                                                                              
Nominated Advisor - Seymour Pierce Limited    Tel: 020 7107 8000              
                                                                              
Mark Percy/Parimal Kumar                                                      

Note to Editors:

YooMedia plc (www.yoomedia.com) is one of the UK's leading interactive
entertainment content and service providers. It conceives and delivers
interactive content and services with which brands can engage and secure
transactions from their consumer base. This activity takes place across and can
integrate multiple platforms, including interactive television, the web, fixed
and mobile phones. The Company's client base includes broadcasters & content
owners, brand owners and advertisers, gaming operators, and retailers and
service providers.



END

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