Sydney: eServGlobal Upgrades First Half Outlook
Sydney, 22 January 2008
eServGlobal has announced updated guidance for the half year ending 31 Dec, 2007.
eServGlobal Limited (LSE: ESG & ASX: ESV), a worldwide supplier of independent and flexible telecommunications Value Added Services for Messaging and Charging solutions, today announced updated guidance for the half year ending 31 Dec, 2007.
The company now expects to report half-year revenue of AUD$91million, representing 22% growth over the corresponding period in 2006. Profit is also expected to significantly increase and the company continues to be debt free.
This revised outlook is subject to the normal independent half year audit review, and may change. The complete half year results will be released on 18 February, 2008.
Mr. Ian Buddery, Executive Chairman of eServGlobal, said “We continue to benefit from growth in telecommunications infrastructure investment in our key markets, particularly the Middle East, where economic conditions are very strong and eServGlobal enjoys long-term relationships with major operators. We have a pipeline of new products and large scale projects in both established and new geographies, all of which contributes to our confidence in the full year outlook and beyond to 2009.”
About eServGlobal
eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and payment solutions for telecommunications service providers operating on all generation networks.
eServGlobal’s innovative solutions help service providers to grow new revenues, reduce churn, and lower costs. In addition, service providers are assured of seamless evolution to new network architectures, such as IMS and beyond.
As payment is crucial, eServGlobal's Charging Suite responds to increasingly sophisticated charging and billing challenges while providing advanced recharge and m-payment solutions. The innovative Retention Suite delivers targeted incentives to increase customer satisfaction and retention. Meeting customer demand for new communication experiences, the eServGlobal Messaging Suite enables reliable delivery of multimedia services such as unified messaging, video blog, SMS, and instant messaging. The Network Suite supplies enhanced personalisation and network optimisation.
Over 80 of the world’s leading service providers, with over 400 million mobile subscribers in more than 50 countries, are taking advantage of eServGlobal’s end-to-end solutions and expertise to quickly deliver revenue-generating services. With 14 offices around the world and staff from 20 different countries, we provide flexible solutions with ongoing product development, based on a deep understanding of our customers’ challenges.
More information can be found at: www.eservglobal.com
Ian Buddery
Executive Chairman
eServGlobal Limited
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