| Xiam Technologies Sees Record Revenue Growth with major new Operator deal
7th February 2007
DUBLIN 07 February 2007. Xiam Technologies, pioneers in the area of Mobile Content Marketing solutions for Mobile Operators, have announced record growth in the year to December 2006. Revenues are up dramatically on the previous year following the strong performance of their award winning MPOS software in the market for content marketing solutions. The software has just been purchased by a Tier 1 UK Operator in a major deal under which Xiam will provide one-to-one content recommendations across the entire Operator’s portal.
Chief Executive Colm Healy said: "We had a strong revenue performance across the board during 2006. We have seen revenue more than double year-on-year with growth across all our product lines. We are especially pleased with the contribution from our MPOS Mobile Content Marketing software, driven by a number of significant deals including one with a Tier 1 Operator in the UK.
MPOS continues to generate strong interest among new and existing customers since its launch in February 2005. Taking into account a number of key wins during Q4 2006, we are now well positioned to deliver similar revenue growth in 2007. The strength of our order book, the quality of our partners and the continued demand from operators for revenue generating applications underpin our growth expectations for the coming year."
Mobile Content Marketing
Xiam has signed a multi-year agreement with a major Tier 1 Operator for the provision of the MPOS content discovery and real time recommendations system, to be used as the foundation for intelligent retailing on their portal. MPOS will enable customers to proactively discover innovative and exciting content that is relevant to their own individual interests and tastes using MPOS’ intelligent recommendations technology.
This will enable customers to enjoy a genuine real-time individualized content retailing experience as they interact with the portal. Xiam's solution will enable next generation personalization for users, introducing them to previously unexplored categories, undiscovered services and new and innovative content.
Colm Healy explains, “Working with one of the world’s premier telecommunication providers who have been instrumental in driving adoption of new content and services underlines our confidence in the MPOS mobile content marketing solution. MPOS will intelligently select promotions or recommendations specifically tailored to the individual subscriber, their device and their location within the portal. Xiam’s approach concentrates on making it easy for each individual user to find the things that they want to consume. Helping the customer to get to the right content at the right time is vital in providing a meaningful portal experience.”
Xiam’s solution will provide a number of real-time retailing techniques from pre- and post-purchase recommendations and promotions to cross category content bundles which will enable customers to purchase content across different content silos irrespective of their location on the portal. MPOS provides the capability to deliver a unique personalised recommendations page for each subscriber. This drives content discovery and simplifies navigation by linking together different but related content formats. For example, a user could access music tracks, video and wall papers from the same genre/artist/mood from a single mobile page.
About Xiam
Xiam is a leading provider of software solutions for the marketing, management and delivery of content services. Xiam's software helps mobile operators to manage the retailing process of profiling, cataloguing, promoting and delivering content services to all channels on a mobile device.
MPOS is Xiam’s approach to mobile retailing. It helps mobile operators with a complex mix of services and a diverse subscriber base, to proactively promote the uptake of premium services by providing a unified view, advanced profiling and intelligent recommendations.
Xiam's customers include leading mobile operators such as Vodafone, O2, Telenor, Rogers AT&T Wireless and Globe Telecom. The company has been widely recognised as a leading innovator in mobile data and was a GSM Association award winner in both 2003 and 2004. Xiam, which is privately held, was founded in 1999 and is headquartered in Dublin, Ireland.
For more information please contact:
Martin Clancy
Marketing Communications Manager
Xiam Technologies Limited
Block S
East Point Business Park
Dublin 3, Ireland
T. +353 1 4832000
F. +353 1 4932001
E. press.relations@xiam.com
W. www.xiam.com
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