WalterPan LLC has the exclusive rights to NCR’s Bill Payment Solution software for Russia as well as the right to reproduce the kiosk housing in Russia for relates to the solutions and products to enhance economic development and quality of life inlocal use. Short term, this company is focused on the self service and customer support industry. Our first solution will be Bill Payment in utilities. It is also applicable for the Postal service, Banks, mobile phone service and eventually department store credit cards. Longer term, the objective of this business is to grow in a broader spectrum of opportunities for information technology in the Russian Federation as it specifically Russia.

WalterPan supplies kiosk software to OOO SIT, a joint Venture between EcoInvest LLC and Electromashina. Electromashina recently signed a deal to supply bill payment kiosks to ChelyabEnergo, the power company of Chelyabinsk, Russia.

WalterPan has the ability to supply all types of web based kiosks from bill payment solutions to internet portals. By utilizing the world’s largest kiosk supplier, NCR, WalterPan ensures best in class self service solutions for the Russian market. Literacy and homogeneity are the two largest market strengths of the Russian population. In terms of deploying information technology based solutions for use by the general populace, the risks associated with an under-educated user community appear to be minimal. Also, in comparison to India or some of the other emerging markets, Russia has a distinct advantage in that a single language, Russian, predominates. This saves the difficulty and expense associated with regionalizing or localizing IT solutions for various segments of the population.