Wameja Di Regulatory News (WJA)

21 Dec 2005 07:00

eServGlobal Limited21 December 2005 eServGlobal Provides First Half Outlook. Sydney 21 December, 2005 eServGlobal Limited (LSE: ESG & ASX: ESV), a worldwide supplier of independentand flexible telecommunications Value Added Services for Messaging and Chargingsolutions, today announced a revised sales outlook for the half year ending 31Dec, 2005. Group revenue for the half is expected to total A$35million, up fromA$17.446millon in the corresponding period of the previous year. Thecontribution from the original eServGlobal business operation to this revenue isexpected to be A$20million, a growth of 14.6% over the previous correspondingperiod. EBITDA (Earnings Before Interest, Taxation, Depreciation, Amortisation) isexpected to be A$5million, excluding costs associated with the acquisition ofFerma SA. This compares to an EBITDA of A$1.887million (before AIM listingcosts) for the previous corresponding period. eServGlobal's Executive Chairman, Mr Ian Buddery, said, "Delays to anticipatedmajor contracts have deferred some planned revenue into the second half, howeverthis was balanced by a stronger than expected contribution from the Fermaoperation, acquired in November. The second half revenue forecast is wellqualified for both parts of the business and we have confidence in reachingA$100million revenue for the full year. Efficiencies gained from theintegration of operations should lift the EBITDA result in line with independentresearch." About eServGlobal eServGlobal (LSE: ESG & ASX:ESV) is an international software and professionalservices company providing telecom service intelligence solutions, using anetwork-independent, open & convergent architecture. eServGlobal offers a full suite of network services, pre-paid mobile re-chargesolutions, end-to-end messaging, NGN (Next Generation Network) services andreal-time convergent charging & billing for all voice & data services. Thesesolutions help telecommunications carriers increase revenue whilst reducingoperating costs and billing every call and message accurately. eServGlobal's software provides an advanced, scalable and open-standards basedservices environment for voice and data, which is suitable for fixed-line andmobile networks, both circuit and packet switched. Over 120 million people, across 50 countries, rely on eServGlobal systems fortheir telecommunications services. More information can be found at: http://www.eservglobal.com Ian BudderyExecutive ChairmaneServGlobal Limited e-mail: info@eservglobal.comphone: +61 2 9364 2700 This information is provided by RNS The company news service from the London Stock Exchange