TIDMARTA

RNS Number : 6008Y

Artilium PLC

02 December 2014

Artilium plc

('Artilium' or the 'Company')

Artilium signs new MVNO agreement with Billi for its mobile and fixed telecom enablement services

Artilium plc (LSE/AIM: ARTA), the AIM quoted provider of innovative telecommunication software and solutions, announces that it has, through its subsidiary United Telecom, signed a 5 year contract with the MVNO Billi (www.billi.be) for the Belgian market. Artilium will provide mobile and fixed line services and support in Belgium to Billi. The Company expects the contract to provide approximately EUR500,000 of additional revenue per year for the duration of the contract.

Billi currently has 4,500 mobile subscribers and more than 12,000 users for fixed line services. These users will all be migrated to Artilium services. This new agreement will enable Billi to further grow its business in Belgium with a turn-key solution that enables MVNO's to run their own brand, thereby saving time and costs.

There are now over 50 MVNO's using services provided on the ARTA(R) platform of Artilium. Currently 13 MVNO's are also supported by United Telecom for billing and customer service. Revenues for services to MVNO's are generated on a per user basis.

For further information please contact:

 
 Artilium PLC:                           +32 (0)50230300 
 Bart Weijermars - Chief Executive 
  Officer 
 
 FinnCap Ltd 
  Stuart Andrews 
  Scott Mathieson 
  Joanna Weaving (corporate broking)     +44 (0)20 7220 0500

About Artilium

Artilium is a demonstrated leader in the development of next generation communication technologies. Artilium's strategy focuses on supporting its customers to successfully grow their business by providing flexible, cost effective and innovative solutions.

Artilium's innovation-driven strategy empowers telecom operators around the globe to face the tremendous challenges ahead. We combine next-generation technology with traditional telecom environments to create exciting new business opportunities for our customers. This ensures that our customers are able to keep up with rapidly evolving market demands while simultaneously growing their businesses.

ARTA(R) is the real-time Authentication, Authorization and Accounting (AAA) software that brings a full suite of new functionalities to telecom Operators and virtual Operators. Thanks to ARTA(R) value-added services portfolio, including for instance AAA of voice, text and data services, VoIP, 3G and 4G compliance, mobile payments and location-based services, our partners are more than ready to meet future customer needs.

Today, multiple renowned national and international telecommunication companies rely on Artilium to deliver voice, text and data services to about 1.5 Million end users every day.

Artilium's "Pay-As-You-Grow" model allows us to scale our solutions to the exact needs of our customers. As a latest innovation, Artilium offers its product suite from the Cloud as a PAAS (Platform As A Service), yielding ARTA's scalability, flexibility and proven stability.

Artilium PLC is a publicly listed software company on the London Stock Exchange (LSE/AIM: ARTA).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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