ADAMIND SIGNS AGREEMENT WITH LEADING TELECOM SUPPLIER TO OFFER DEVICE DATABASE
PROVISIONING UPDATE SERVICE
Service is available to all the telecom supplier's current and future MMSC
clients worldwide deploying the Adamind SpireTM Messaging Suite
Adamind Ltd. (LSE: ADA) ('Adamind' or the 'Company'), a global supplier of
software that enables mobile multimedia content and converged communications
services over any device or network, announces that it has signed an agreement
with one of its leading channel partners to offer its device database update
service to the telecom supplier's network infrastructure clients. The service
will be offered globally to all current and future clients of the telecom
supplier deploying the Adamind SpireTM Messaging Suite.
The SpireTM Messaging Suite has been deployed by the telecom supplier in more
than 50 operators' multimedia messaging centres (MMSCs) worldwide, including
top-tier operators in Europe and Asia. For this win, Adamind will receive a set
licensing fee per operator deploying the service. The company expects initially
to generate approximately $250K revenue from this deal, with revenue increasing
throughout the year as more of the customer base deploys this service. This is
the second such deal signed by Adamind this year following a previous deployment
at a European customer.
Yaron Dishon, VP Sales & Channel Development at Adamind said: 'We are delighted
that our channel partner has chosen to further extend our current relationship
by offering our device update service to their entire installed base. The
service will allow operators to confidently provide their end users with a high
quality content experience regardless of new devices introduced in the
marketplace. This will ultimately lead to greater service uptake and generate
additional revenues.'
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