ESG Eservglobal Limited

RNS Number:7825R
eServGlobal Limited
23 February 2007





    eServGlobal Announces Acquisition of Assets of Empower Interactive Group
                                    Limited.

Sydney 23 February, 2007

eServGlobal Limited (ASX: ESV and LSE: ESG), a worldwide supplier of
telecommunications Value Added Services solutions for Messaging and Charging,
today announced the acquisition of the assets of Empower Interactive Group
Limited (EIG).

EIG supplied mobile messaging solutions to telecommunications operators around
the world, its clients including 7 operators in one of the world's largest
Mobile Communications groups and also several major carriers in South East Asia.
Products developed and supported by EIG included a Messaging Service and
Delivery Platform which enables the delivery and charging of 3rd party content
and applications via SMS and MMS; and a Message Storage & Retry system for SMS
and MMS.

Founded in 2000 and financed by Venture Capital, EIG did not reach
profitability.  It achieved audited turnover of #9,098,845 in the year
to 31 December 2005 and a loss after tax and finance costs of #2,762,953.  
Contracted maintenance revenue in 2005 was above #900,000.  Losses increased 
in 2006 and the company was placed into administration on 24 November, 2006.

eServGlobal has paid #500,000 for the assets of EIG.  These assets
include intellectual property, source code, computer equipment, customer
contracts and approximately #300,000 of current receivables.

eServGlobal's Executive Chairman and CEO, Mr Ian Buddery, said, "Empower has a
product suite which is complementary to eServGlobal's messaging offering and we
share many important customers. However, they employed over 120 staff in the UK,
a cost base inappropriate for the scale of their revenue.  We expect to employ a
small number of the former engineering staff but otherwise absorb the sales,
product development and customer support activities into our existing
organisation.  We intend to further develop the products and support the
customers.  We expect that the cost of the acquisition to be fully recovered
within one year and that the products and services acquired will produce ongoing
profit and positive cashflow."

About eServGlobal

eServGlobal (LSE: ESG & ASX: ESV) solutions enables Service Providers to
maximize today's proven revenue streams whilst ensuring service continuity and
new revenue opportunities when evolving to next generation networks. Over 75 of
the world's leading telco's are taking advantage of eServGlobal's advanced
solutions and expertise to successfully address their business challenges and to
manage over 120 million mobile subscribers.

As a global solutions provider, eServGlobal helps Carriers and Service Providers
by providing turnkey solutions and enabling Multimedia Intelligent Services
built on a network-independent, open and real-time architecture.

All products are designed for fixed, mobile and NGN/IMS infrastructure:
ChargingMax (Prepay to Convergent Charging), Top UP Suite (Voucher to E-Retailer
Management), M@ilis (SMS Call Notify to Voice&Video Mail), MessageMax (from SMS
Direct Routing to SMS Anti-Fraud), Mobility Suite (Location-based & Presence
Services) and INMax (VPN, Number Portability, Service Numbers, etc).

More information can be found at: www.eservglobal.com


Ian Buddery
Executive Chairman
eServGlobal Limited


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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