Last checked at 11 Apr 2012 07:00
Embargoed: 0700hrs, 11 April 2012
EXPANSYS plc
("EXPANSYS" or the "Group")
EXPANSYS.COM enters new high growth markets
EXPANSYS (AIM: XPS), a leading global online retailer of consumer wireless technology and provider of mobile network and eCommerce services and solutions, announces the launch of new consumer websites in fast growth online markets within Asia and the Middle East.
New sites have launched in Thailand, the Philippines, Malaysia, Saudi Arabia, Egypt and Qatar. Each site will be available in the local language, with a refined product proposition tailored for the local market.
This brings the number of own-brand sites operated by EXPANSYS.COM to 51 and extends the EXPANSYS.COM position as the leading online consumer electronics store globally, in terms of direct customer reach. EXPANSYS.COM now operates direct eCommerce stores in 37 of the top 50 online consumer markets worldwide.
The establishment of operations in these markets will also provide a platform for the growth of other EXPANSYS companies.
Anthony Catterson, CEO of EXPANSYS, commented:
"Our unique global infrastructure enables us to expand very efficiently into key strategic markets. The combined online population of the new countries in which we are opening is over 60 million people, and each of the markets has fast online growth characteristics, a young and dynamic consumer base and a love for consumer technology.
Our growth into these markets at this time aligns us even more closely with the world class technology brands that are looking for direct access to consumers in emerging markets, and we look forward to bringing the benefits of our experience in the sector to our new customers and partners alike."
Enquiries:
EXPANSYS plc
Anthony Catterson, CEO
Chris Ogle, CFO Via M: Communications
M:Communications
Nick Miles or Ben Simons
Tel +44 (0)20 7920 2340
miles@mcomgroup.com / simons@mcomgroup.com
Investor relations website: www.EXPANSYS.plc.uk
About EXPANSYS
EXPANSYS (AIM: XPS) is a global online consumer electronics retailer, operating directly in 51 countries, and over 120 countries indirectly, with a vast range of products, and a focused approach to range, service and value for its customers. EXPANSYS has recently begun to develop a strong partner eCommerce business providing multiple services for some of the world's leading brands (inc Vodafone, HTC and Motorola), across large numbers of International markets. The Group includes Data Select Network Solutions (DSNS), the UK market leading network connectivity distributor, selling products on behalf of major network operators and MVNOs. The Group also includes PJ Media, an eCommerce and web services and solutions business with expertise in the multi-channel telecommunications sector, and a number of large international blue chip clients including Vodafone.