Wameja Di Regulatory News (WJA)

31 Oct 2007 10:46

eServGlobal Limited31 October 2007 Sydney 31 October, 2007: 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 revenue guidance for the half year ending 31 Dec,2007. Chief Executive, Laurent Lafarge, states that "Continuing sales and deliverygrowth in 2007 is forecast to produce a half-year revenue achievement aboveAUD$90million, representing 21% growth over the corresponding period in 2006.EBITDA margin is expected to improve also, as a result of continuing operationalimprovements and the success of our product strategy." There are a number of assumptions included in the forecast, particularly inregard to external project dependencies not fully under the control ofeServGlobal, which may reduce or increase the first half result. We willadvise the market if any significant changes occur. Mr. Ian Buddery, Executive Chairman of eServGlobal, said "Our technologyleadership in mobile charging and messaging and continuing subscriber growth inour major markets, is producing growth ahead of our business plan. We aredelighted to announce this upgrade and we are confident of maintaining a strongperformance in 2008." 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 BudderyExecutive ChairmaneServGlobal Limited This information is provided by RNS The company news service from the London Stock Exchange