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Chairman's Address to AGM

7th Nov 2007 07:00

eServGlobal Limited07 November 2007 Sydney 7 November, 2007 eServGlobal Limited 2007 Annual General Meeting : Chairman's Address Ladies and Gentlemen, I am very proud to report our achievements in the 2007 Financial Year, a year ofgrowth, consolidation and preparation for the future. Our current revenue forecast for the first half of the 2008 year is above planand we expect an excellent full year result, with growth in every area. We are delighted with the rapid progress we are making on so many fronts. Wehave a committed executive team with global experience. We have a wellconsidered business plan that will maintain our growth path. We have a productplan that will extend our lead in key areas. We have an operations plan that isimproving the scalability and flexibility of the business. Our share price and trading volumes show steady improvement, due to what webelieve to be increasing market awareness of our success and new researchcoverage, most recently from BBY Limited in Australia. We continue to engagewith new investment institutions and welcome new shareholders to the register.We continue to enjoy the support of our long term major shareholders. eServGlobal today enjoys recognition and respect in the global telecomsindustry. We have people of immense skill and dedication, technology thatunderpins some of the largest and fastest growing mobile networks and we are avital provider to our many customers and partners. We commit ourselves togrowth and to building shareholder value. I will now ask our Chief Executive, Laurent Lafarge, to address you. Ian BudderyExecutive Chairman About eServGlobal eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and paymentsolutions 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. More information can be found at: http://www.eservglobal.com Cautionary statements Statements in this document expressing the beliefs and expectations ofmanagement regarding future performance are "forward-looking statements" withinthe meaning of the United States Private Securities Litigation Reform Act of1995. These statements are based on management's expectations as of the date ofthis document and are subject to uncertainty and changes in circumstances.Actual results may differ materially from these expectations due to risks anduncertainties including, but not limited to, uncertainty in communicationsspending, the implementation of the Company's strategic repositioning and marketacceptance of the Company's new solutions strategy, six-monthly fluctuations infinancial results, the Company's ability to exploit fully the value of itstechnology and its strategic partnerships and alliances, the availability ofproducts from product component vendors and other risks. In addition, whilemanagement may elect to update forward-looking statements at some point in thefuture, management specifically disclaims any obligation to do so, even if itsestimates change. Any reference to our website in this press release is notintended to incorporate the contents thereof into this press release or anyother public announcement. This information is provided by RNS The company news service from the London Stock Exchange

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