Investors

According to a study by research firm Ovum, the growth in global subscribers is forecast to grow at a compound annual rate of 7.4% over five years. For the emerging markets and Asia, where eServGlobal is strongly positioned, the compound annual growth rates are forecast to be 10% and 9% respectively. They also predict that global teledensity will increase to 80% by the end of 2013.

eServGlobal specializes in mobile payment and value added services. While we currently provide these services on both a modular and integrated basis, we also provide both the Mobile Money and Promotions/Retention solutions on a "Software as a Service" (SaaS) basis.

Chief Executive Officer, Richard Mathews, said "From the evidence of increased activity that emerged at the Mobile World congress in Barcelona, it feels to us that the global telecommunications market is starting to recover from the economic downturn of 2008/2009. While the global financial crisis hit operators and suppliers to the telecom industry hard, the growth in subscribers has continued unabated. eServGlobal is well placed to benefit from this recovery as we are able to offer solutions to operators that maximize their revenues now while continuing to develop and deliver new value added services and products. We are excited about the world of Mobile Money as our current portfolio of products in combination with the HomeSend platform gives us an early lead in mobile centric international remittance."