31st May 2006 11:22
eServGlobal Limited31 May 2006 Sydney 31 May, 2006 eServGlobal outlooks substantial revenue growth. eServGlobal Limited (ASX:ESV & LSE:ESG), a worldwide supplier of independent andflexible telecommunications Value Added Services for Messaging and Chargingsolutions, today announced revenue guidance for the current fiscal year, ending30 June 2006. Strong sales and delivery activity in the second half is currently forecast toproduce a revenue achievement above AUD$93million, representing 140% growth overthe FY05 revenue achievement of AUD$38.8million and reflecting the larger sizeof the company following the acquisition of Ferma SA in November 2005. Corresponding growth in EBITDA (Earnings Before Interest, Taxation, Depreciationand Amortisation) is expected, excluding costs associated with the Fermaacquisition. There are a number of assumptions included in the forecast, particularly inregard to external project dependencies not fully under the control ofeServGlobal, which may reduce or increase the final result. We will advise themarket if any significant changes occur. "Our technology leadership in real-time charging and convergent billing,together with our customers' positive response to new technology areas such asIMS, have underpinned our growth this year." said Mr Ian Buddery, ExecutiveChairman of eServGlobal. "Major new customer wins in developing countries have been a highlight of theyear, together with the strong subscriber growth being recorded by many users ofour re-charge, messaging and network services solutions. We are confident ofcontinuing growth conditions going into our 2007 fiscal year." About eServGlobal eServGlobal (LSE: ESG & ASX:ESV) specializes in enhanced multimediacommunication services and real-time multi-networks control solutions. Oursystems enable Service Providers to maximize today's proven revenue streamswhilst ensuring service continuity and new revenue opportunities when evolvingto next generation networks. eServGlobal solutions are designed for use in all types of networks from fixedto mobile to NGN/IMS. eServGlobal provides cost-effective and reliablemultimedia messaging delivery from voice to video mail; from SMS routing,antispam control and value-added services to instant messaging and presenceservices. eServGlobal delivers the most advanced prepaid top-up methods andreal-time rating enabling innovative marketing and prepaid-postpaid convergence Headquartered in Sydney, eServGlobal has operations in 15 countries worldwide.More than 75 Service Providers in over 50 countries are taking advantage of ouradvanced solutions and multi-network expertise to successfully address theirbusiness challenges. More information can be found at: http://www.eservglobal.com 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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