7th Feb 2008 07:00
Embargoed Release:07:00hrs Thursday 7 February 2008
iPoint-media plc ("iPoint-media" or "the Company") Major UK mobile operator grants iPoint-media three year contract for video calling services
iPoint-media (AIM:IPNT), a provider of live, interactive video applications and delivery platforms for web, mobile and media, announces that it has secured a three year contract to provide the technology and services for a major UK mobile operator's `Video Answer Phone' service. Based on the success of the service over the past year, the operator awarded iPoint-media with a three year contract to continue supplying the Software as a Service ("SaaS") along with a host of enhanced features.
Under the terms of the new contract, iPoint-media will continue operating Video Answer Phone as a SaaS using one of its European hosting facilities. The packaged solution consists of the specialist web-native software application necessary to provide two-way video calls between mobile devices and IP networks as well as the hardware and software to host the carrier class service. The service provided by iPoint-media is highly scalable and addresses the operator's demand for terminating video call traffic from its own network as well as cross network video calls.
The new contract is valued at several hundred thousand pounds sterling with quarterly fixed payments over three years.
Lee Woodland, iPoint-media Director of Telecom Products commented:
"We are delighted to continue our relationship with one of the UK's leading mobile operators and deliver even greater value to their mobile subscribers. We believe that video is the next big application in mobile telephony and we look forward to working closely with the operator to offer mobile customers even more fun, exciting and compelling video services."
-Ends- For Further Information:iPoint-media plc +(0) 972 544 450 667 Muki Geller +44 (0) 207 330 6800 Clive Garston John East & Partners Limited +44 (0) 207 628 2200 David Worlidge/Bidhi Bhoma
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