(Hong Kong, 11 July 2001) Conduit Software (www.conduitsoftware.com) announced today that it has signed a partnership agreement with CommVerge Solutions (www.commverge.com).
Conduit Software and CommVerge Solutions will work together in this newly-formed partnership to marry CommVerge's strong position as a leading System Integrator in the Asia Pacific marketplace with Conduit Software's suite of cutting-edge wireless solutions. This relationship will give Conduit Software the opportunity to market their range of carrier solutions across Asian in partnership with an established, experienced leader in the integration of technology and business solutions for Service Providers. Among the Conduit Software products available for distribution are the suite of Mobi products (including Mobi Bill and Mobi Stats), industry-leading solutions in the Directory Assistance field (including Nouveau Workstation, SMS-DA? and WAP-DA?) as well as their range of wireless business solutions.
Speaking at the announcement, Shane Buckley, Chief Executive Officer Conduit Software, said, "We are delighted to have this opportunity to enter the Asian market with one of the region's key Network Architects. Both companies are focused on bringing leading technology to the market within the telecommunications sector and I feel that this partnership will complement our expertise in this area."
Shane Buckley noted, "The current surge in mobile penetration across the region will undoubtedly bring with it an increased demand for wireless services. I am pleased to say that Conduit Software is at the forefront of developments in this area."
Edmund Wei, Chief Executive Officer of CommVerge Solutions, noted, "We are pleased to team up with Conduit to provide state-of-the-art wireless solutions to our customers. Our partnership has once again demonstrated CommVerge's commitment to provide the highest quality of services to customers, offering the most advanced technology to them."
About Conduit Software:
Conduit Software founded in 1997, is a wholly owned subsidiary of Conduit plc (Neuer -YCD, Bloomberg - YCD GR, Reuters - CONDq.DE). Conduit Software provides one-stop integrated solutions for service providers and telecom enabling mobile users to access information from multiple sources. It also specialises in providing turnkey wireless solutions across all business sectors and providing user-friendly and practical applications for leading-edge mobile technology. Conduit Software's mission is to be the leader in information access for both fixed and mobile users through quicker, simpler and more practical applications for businesses. For further information, please visit www.conduitsoftware.com.
About CommVerge Solutions
CommVerge Solutions is a unique integrator of technology and business solutions serving Telecommunications Service Providers throughout Asia. Founded in June 1999, CommVerge has grown rapidly with offices in Beijing, Shanghai, Hong Kong, Brunei Darussalam, Singapore, Kuala Lumpur, Manila, Taipei, Bangkok, Seoul, and Silicon Valley (San Jose, California). CommVerge currently has a team of over 240 telecommunications professionals and continues to expand rapidly.
CommVerge is focused on the Service Provider market - existing and new Service Providers (ILECs & CLECs), Cable TV Operators, Internet Service Providers (ISPs), Application Service Providers (ASPs), and Content Service Providers (CSPs). The mission of CommVerge is to assist their customers in maximizing value and reducing risk by developing integrated solutions designed from top down to realize business, technical and operational objectives. CommVerge's team of professionals assist service providers in reviewing new business models, defining next-generation service offerings, developing a budget and network design before qualifying, selecting and implementing best-of-breed products from an array of vendor solutions. For more information, please visit the CommVerge Solutions website at www.commverge.com.
Notes to Editors
Conduit plc listed on the Frankfurt Neuer Markt on 30th June, 2000 and Irish Stock Exchange technology market ITEQ? on 6th April 2001.
Conduit's core business is as an information service provider. The company currently operates call centres in Dublin, Cardiff, Biel and Vienna and provides directory assistance services to clients in the UK, Ireland, Switzerland and Austria.
In Ireland, Conduit operates the independent 11 850 directory assistance number which has achieved widespread brand recognition throughout Ireland. In addition, Conduit operates directory assistance for Esat Telecom and Esat Digifone in Ireland. In the UK Conduit provides UK directory assistance for Orange and Telewest. The company also provides directory assistance services to clients in Austria, and Switzerland and has launched its own independent 11 88 11 directory assistance number in Austria and 18 50 in Switzerland.
The company has over 1300 employees including a specialist software development subsidiary called Conduit Software.
Through Conduit Software, the company provides enabling technologies to information service providers. The company specialises in the development of value added services for mobile operators and information service providers with expertise in call centre solutions, mobile messaging and information access technologies.
Bloomberg - YCD GR
Reuters - COND DE
For further information on Conduit Software, please contact
Shane Buckley, CEO +1-8190060
Winnie Brennan, Marketing Manager +1-8190060
Mark Buckley, Investor Relations Officer +1-8190060
Conduit Software
Conduit House
Eastpoint Business Park
Dublin 3, Ireland
www.conduitsoftware.com
software@conduitsoftware.com
For further information on CommVerge Solutions, please contact
Annie Loi, Marketing Communications Manager 2820 6725
CommVerge Solutions
Suite 6401, 64/F
Central Plaza
Wanchai, Hong Kong
www.commverge.com