Wameja Di Regulatory News (WJA)

24 Jul 2007 07:00

eServGlobal Limited24 July 2007 Sydney 24 July, 2007 eServGlobal confirms 2007 guidance. eServGlobal Limited (ASX:ESV & LSE:ESG), a supplier of advanced real-timeCharging and Messaging solutions to leading telecommunications carriersworldwide, today announced updated revenue guidance for the year ending 30 June2007. Revenue is expected to be at or above $153million and EBITDA (Earnings BeforeInterest, Taxation, Depreciation, Amortisation) at or above $18.5million. The above figures are subject to the completion of the audit of the 2007accounts, which is in progress now. Final results will be announced on 22ndAugust, 2007. "We are delighted with the results achieved in FY07 and we are confident ofcontinuing growth in 2008." said Mr. Ian Buddery, CEO & Chairman of eServGlobal. About eServGlobal eServGlobal produces software systems which connect telecommunications networkswith the charging, billing and payments worlds. Telecoms carriers use oursoftware so that they can provide and charge for phone calls, value-addedservices and advanced messaging in real time. We link the communications andfinancial aspects of telephony, instantly. We enable telephone companies to not just grow, but to grow profitably andefficiently, preserving their investment as network technology evolves. Over 80 of the world's leading carriers in more than 50 countries useeServGlobal's advanced solutions and expertise to successfully address theirbusiness challenges and to manage over 160 million subscribers. eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the LondonStock Exchange AIM market (LSE: ESG). More information can be found at:www.eservglobal.com Ian BudderyChief Executive Officer and ChairmaneServGlobal Limitede-mail: info@eservglobal.comphone: +61 2 9364 2700 This information is provided by RNS The company news service from the London Stock Exchange