Wameja Di Regulatory News (WJA)

22 Jan 2008 07:19

eServGlobal Limited22 January 2008 Sydney 22 January, 2008: eServGlobal Upgrades First Half Outlook. eServGlobal Limited (LSE: ESG & ASX: ESV), a worldwide supplier of independentand flexible telecommunications Value Added Services for Messaging and Chargingsolutions, today announced updated guidance for the half year ending 31 Dec,2007. The company now expects to report half-year revenue of AUD$91million,representing 22% growth over the corresponding period in 2006. Profit is alsoexpected to significantly increase and the company continues to be debt free. This revised outlook is subject to the normal independent half year auditreview, and may change. The complete half year results will be released on 18February, 2008. Mr. Ian Buddery, Executive Chairman of eServGlobal, said "We continue to benefitfrom growth in telecommunications infrastructure investment in our key markets,particularly the Middle East, where economic conditions are very strong andeServGlobal enjoys long-term relationships with major operators. We have apipeline of new products and large scale projects in both established and newgeographies, all of which contributes to our confidence in the full year outlookand beyond to 2009." About eServGlobal eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and paymentsolutions for telecommunications service providers operating on all generationnetworks. eServGlobal's innovative solutions help service providers to grow new revenues,reduce churn, and lower costs. In addition, service providers are assured ofseamless evolution to new network architectures, such as IMS and beyond. As payment is crucial, eServGlobal's Charging Suite responds to increasinglysophisticated charging and billing challenges while providing advanced rechargeand m-payment solutions. The innovative Retention Suite delivers targetedincentives to increase customer satisfaction and retention. Meeting customerdemand for new communication experiences, the eServGlobal Messaging Suiteenables reliable delivery of multimedia services such as unified messaging,video blog, SMS, and instant messaging. The Network Suite supplies enhancedpersonalisation and network optimisation. Over 80 of the world's leading service providers, with over 400 million mobilesubscribers in more than 50 countries, are taking advantage of eServGlobal'send-to-end solutions and expertise to quickly deliver revenue-generatingservices. With 14 offices around the world and staff from 20 differentcountries, we provide flexible solutions with ongoing product development, basedon a deep understanding of our customers' challenges. More information can be found at: www.eservglobal.com Ian Buddery David Poutney Executive Chairman Numis Securities Limited (NOMAD) eServGlobal Limited Tel: +44 (0)20 7260 1000 This information is provided by RNS The company news service from the London Stock Exchange