July 29th, 2005

Dear PicPay Members,

Effective today, VAT has been notified that PicPay has concluded their relationship with VAT.

PicPay ATM Debit Cards.
The VAT-PicPay Debit Card Program has been terminated. You will no longer be able to access ATM’s, your SpeedyWalletâ„¢ account or VAT Customer Service. If you have a balance on your PicPay Debit Card greater than $15.00, please contact [email protected] for a refund.

Banquecard ATM Debit Cards.
For those PicPay Members that have sent in an application for a Prepaid Banquecard ATM Card, VAT is in the process of refunding the $35.00 Banquecard Fee to each applicant. For any questions regarding a refund, please contact [email protected].

Please Note
VAT will NOT be developing a PicPay SpeedyWalletâ„¢ Payment Platform for PicPay Members, nor will we be processing payments for PicPay Members.

For any questions regarding any of the above issues, please contact PicPay Customer Service.

PicPay Customer Service Numbers & Email Addresses

Telephone
011-606-850-0876
011-606-850-0473
011-606-850-0462

Email
[email protected]
[email protected]
[email protected]

Lastly, VAT has enjoyed the short relationship that we have had with PicPay Members. We appreciate the opportunity to service you and wish you well.

Regards,

The Management
Virtual Automated Technologies, Inc.
Portland, Oregon