2nd Jun 2005 09:22
eServGlobal Limited02 June 2005 ASX/LSE RELEASE 2 June, 2005 eServGlobal outlooks 30% revenue growth & announces new customer win. eServGlobal Limited (ASX:ESV & LSE:ESG), a specialised supplier of large-scaleIntelligent Networking (IN) software and services to internationaltelecommunications carriers, today announced revenue guidance for the currentfiscal year, ending 30 June 2005. Continuing sales and delivery momentum in the second half is expected to producean excellent revenue achievement, currently forecast at over AUD$37million,representing 30% growth over the FY04 revenue achievement of AUD$28.95million.Strong growth is expected in EBITDA (Earnings Before Interest, Taxation,Depreciation and Amortisation) and PAT (Profit After Tax) results, withcontinuing strong cash reserves. The Company also announced today that Primus Telecom has selected eServGlobal'sIN Product Suite for the deployment of new value-added services in Australia,including toll-free (1800/13) services, as well as capabilities for a largesuite of additional enhanced services & features. "This success is being achieved at the same time as we set the foundation for asimilar growth performance in the 2006 fiscal year," said Mr Ian Buddery,Executive Chairman of eServGlobal. "We are delighted to welcome Primus to thegrowing family of eServGlobal IN installations, as the market continues toendorse our product and technology strategy. Apart from our large IN installedbase, our Next-generation Messaging solution is now deployed in seven carriersworldwide and is typically carrying over 80% of their SMS traffic. OurConvergent Real-time Billing solution is serving over 20 million subscribersacross four major carriers and remains the only proven large-scale solution forboth GSM and CDMA mobile networks. "Market conditions in the global telecommunications industry, leading into FY06,continue to be positive and we are seeing significant investments in newtechnology throughout our installed base. These investments will enablecarriers to offer innovative new subscriber services, from eServGlobal, acrossany network, with flexible billing arrangements and lower delivery cost. Thisis our core vision, our core benefit to the industry and the core driver ofvalue for our shareholders." About eServGlobal eServGlobal Limited (ASX:ESV & LSE:ESG) provides independent and flexiblenetwork intelligence systems to telecommunications carriers worldwide,specialising in large-scale, high performance Intelligent Network (IN)environments, supporting voice and data services, for fixed-line, mobile and IPcarriers. eServGlobal's solutions provide more capacity with more function, at lower costand enable customers to drive subscriber revenue whilst reducing the cost toserve. Headquartered in Sydney, Australia, eServGlobal has operations in the UK,Belgium, the Netherlands, Poland, Indonesia, New Zealand and India. Moreinformation can be found at: http://www.eservglobal.com About Primus Telecom Primus Telecom is Australia's fourth largest fixed-line telecommunicationscarrier. The Company offers a comprehensive range of voice, data, Internet andweb hosting products, servicing both residential and business sectors. ThePrimus network offers nationwide coverage through its own backbone network withfacilities in 66 cities across Australia. The network enables the Company toprovide nationwide long distance services and local call Internet access. Primusoperates its own fibre network in the five major capital cities, delivering arange of business direct-connect services including ISDN, frame relay, ATM,telephone line and Broadband DSL, as well as telephone line and broadband DSLservices direct to residential customers. Global connectivity is providedthrough an extensive voice, IP, wireless and ATM network operated by the parentcompany, United States-based Primus Telecommunications Group, Incorporated(NASDAQ: PRTL). Primus Australia news and information are available at theCompany's Web site at www.primustel.com.au For more information, contact: Ian Buddery Executive Chairman eServGlobal Limited e-mail: [email protected] phone: +61 2 9364 2700 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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