With Blackstone's expertise in the energy industry and Pageonce's leading position in mobile bill payments, the partnership will extend Pageonce to utility companies.

The Pageonce solution helps utilities launch mobile applications at very low cost, drive electronic bill payment, accelerate conversions to paperless statements, and deliver smart meter data such as energy use and outage alerts. With a 5-star rating, the Pageonce smartphone application already has more than 7 million registered users and was named one of Apple's Best of 2010 and 2011 and an Android 2011 Editor's Choice.

"Many utilities are beginning to think about a mobile bill payment option for their customers, and they are looking for ways to deliver more capabilities, increased choice, higher value, and more frequent interaction for an overall enhanced customer experience," says David Mysona, CEO of Blackstone Technology Group. "The Pageonce solution allows utilities to integrate with the market leading personal finance app that their customers are already accessing daily, with minimal IT costs and effort."

"We're excited to partner with Blackstone Technology Group," says Guy Goldstein, CEO of Pageonce. "Blackstone's extensive expertise and relationships within the energy and utility sector allow us to expand into this market."