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Author: yianis Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 151  
Subject: 724 enters the European mobile operato Date: 3/18/2002 8:18 AM
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http://biz.yahoo.com/bw/020318/182077_1.html
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724 Solutions enters the European mobile operator space with Radiolinja Eesti
LONDON--(BUSINESS WIRE)--March 18, 2002--Radiolinja Eesti, a major mobile communications operator in the Estonian telecommunications market with over 146,600 subscribers, is implementing the 724 Solutions (Nasdaq:SVNX - news; TSE:SVN - news) Platform as a strategic wireless environment, enabling it to achieve its goal of offering a ``wireless lifestyle' service to its customers.

``This is an exciting announcement for 724 Solutions since it marks our first direct sale to a mobile operator in Europe,' commented Chris Erickson, Managing Director, 724 Solutions, EMEA. ``Our work with Radiolinja Eesti demonstrates that we have the solutions that mobile network operators throughout Europe require to help them generate a rapid return on investment.'

In addition to the delivery of wireless application protocol (WAP), short message service (SMS) and hypertext transfer protocol (HTTP)-based services, Radiolinja Eesti plans to introduce the 724 Solutions Platform in conjunction with its general packet radio services (GPRS) launch to high-end users. This launch underscores the company's commitment to offer a high quality communication service based on meeting the needs of the customer.

The adoption of the 724 Solutions Platform will enable Radiolinja Eesti to enhance the range of services that it offers to its existing consumer market. From m-banking to m-commerce, the robust and scalable infrastructure and solutions offered by 724 Solutions ensures that Radiolinja Eesti's customers will benefit from the wireless revolution.

To continue its market development, Radiolinja Eesti is also utilizing 724 Solutions' technology to offer a range of services to the corporate user. According to a recent study by the Meta Group, wireless and mobile transactions are forecast to account for nearly 20 percent of business-to-business transaction volume and 25 percent of business-to-consumer traffic by 2003.

``The power of this technology in enhancing our relationships with both customers and employees is what cemented our decision to work with 724 Solutions,' commented Sami Seppanen, Managing Director, Radiolinja Eesti. ``The simple integration of the solution also means we can deliver the benefits of these services very quickly.'

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