Wameja Di Regulatory News (WJA)

23 Apr 2008 08:11

eServGlobal Limited23 April 2008 eServGlobal's Top Up Suite reaches the roof of the world Sydney, 23 April 2008 eServGlobal Limited (LSE: ESG & ASX: ESV), a provider of end-to-end solutions,enabling smart communication and payment services for service providers on anygeneration network, today announces that leading Chinese Telecoms solutionsprovider ZTE has selected its Top Up Suite eRetail and eVoucher solutions toprovide prepaid mobile recharge and voucher management services to NepalTelecom's five million subscribers. eServGlobal's state-of-the-art top-upproduct will provide unified recharging services to Nepal Telecom's GSM, CDMA aswell as PSTN networks. Nepal Telecom, the leading mobile operator in Nepal, will use the eRetail andeVoucher solutions to provide voucher based recharge as well as electronicrecharge for their rapidly-growing client base. eServGlobal's Top Up Suitereduces the cost of transactions while increasing payment opportunities.eVoucher can unify all recharging methods, from any kind of channels using anytype of funding, including voucher recharge codes, electronic funds, cash, bankaccounts or credit cards. To eliminate voucher costs, eRetail enables serviceproviders to manage and expand their distribution network efficiently. The contract with Nepal Telecom is the first signed under a new global frameworkagreement with ZTE to deliver mobile recharge services. "Nepal Telecom is preparing for rapid growth, particularly in the strong prepaidmarket", said Mr. Lok Raj Sharma, Director, Mobile Services Directorate. "Weselected the ZTE/eServGlobal eRetail and eVoucher solution as its range ofinnovative features gives us the flexibility to provide many different rechargemethods to suit our customer needs, and offers the scalability to support ourfuture growth." Laurent Lafarge, Chief Executive Officer of eServGlobal said "We are proud todeliver our mobile recharge solutions with ZTE to Nepal Telecom, who are leadinginnovation in their market. eServGlobal is committed to the Asian market and welook forward to contributing to Nepal Telecom's success." The project will commence immediately and will conclude by December 2008. About Nepal Telecom - www.ntc.net.np Nepal Telecom is the dominant player in the telecommunications sector in Nepaland is committed to provide nation-wide reliable telecommunication service toserve as an impetus to the social, political and economic development of thecountry. Nepal Telecom provides PSTN, national and international long distanceservices, GSM, CDMA, Data and internet services all over the country. With acurrent subscriber base of 1.4M subscribers, the GSM network is growing at arapid pace and Nepal Telecom is working towards more than doubling the GSMnetwork capacity within this year. About ZTE - wwwen.zte.com.cn ZTE, a leading global player in the telecommunications arena has a very largemarket share in the Nepalese telecommunications market. It has been providingthe equipment and services to Nepal Telecom, the national telecom operator, fora variety of projects like GSM, CDMA, WCDMA, national SDH/IP backbone, DSL etc.to name a few. With its state of the art technology and unbeatable services, ZTEis playing an important role in developing the communication infrastructure inNepal. About eServGlobal eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and paymentservices 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. eServGlobal is active in the Southern Asia region, with significant deploymentsin India, Indonesia, Malaysia and Singapore. eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the LondonStock Exchange AIM market (LSE: ESG). In the year to 30 June 2007, eServGlobalreported a net profit before tax of A$9.1 million, up 104% from the previousyear. A dividend of 2 cents per share was paid. More information can be foundat: www.eservglobal.com More information can be found at: www.eservglobal.com Ian Buddery David Poutney / Brent Nabbs / Nick WestlakeExecutive Chairman Numis Securities Limited (NOMAD)eServGlobal Limited Tel: +44(0)20 7260 1000 For further information, please contact:eServGlobal www.eservglobal.comCatherine Jeffcoat, Communications Manager T: +33 1 46 12 77 46Catherine.jeffcoat@eservglobal.com F: +33 1 46 12 77 49 This information is provided by RNS The company news service from the London Stock Exchange