Arius A.D. (“Arius” or the “Company”) is an innovator and leader in providing electronic payment solutions. Founded in Belgrade, Serbia in 1995, Arius has become the leading card payment software company in the Western Balkan Region (“WBR,” consisting of Serbia, Montenegro, Bosnia and Herzegovina, and Macedonia), whose client base has grown to represent 25% of the WBR electronic payment market. In contrast to its competitors, Arius is the only transaction processing company to offer clients an integrated solution in a single software product for both equipment and back office needs. It is also one of only a few software companies to offer its entire product range with the latest Java platform, which allows for scalability, security, and interoperability, offering a robust and highly flexible low-cost system that is ideal for emerging market clients. The Company provides its clients with an in-house payment solution that is both tailored to meet individual needs and standardized for seamless integration with large networks, such as Visa and Mastercard.