TMCnet News

Velti: Strong Year For Velti As Mobile Advertising And Marketing Comes Of Age; Velti's Full-Service Technology Platform Brings Mobile Into The Marketing Mix For Global Brands; Provides Operators With a Means To Monetize Services
[March 05, 2008]

Velti: Strong Year For Velti As Mobile Advertising And Marketing Comes Of Age; Velti's Full-Service Technology Platform Brings Mobile Into The Marketing Mix For Global Brands; Provides Operators With a Means To Monetize Services


(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:05032008

London, UK -- Velti, (LSE-AIM: VEL) a mobile marketing and advertising
technology service provider, announced a very successful 2007, with
revenue up 75% on the previous year.

At Mobile World Congress 2008, Velti announced the launch of the latest
version of its Mobile Marketing Platform version 4 (MMP 4.0) along with
significant new customer wins and updates including Johnson & Johnson,
Microsoft, LMVH's Hennessy, Pepsico, Colgate-Plamolive, Ferrero,
Barcardi, MTV, CBS, Vogue Magazine and Mastercard.

"2007 was the year when the mobile channel started to move into the
mainstream advertising and marketing mix," explains Alexandros Moukas,
CEO of Velti. "At Velti, our market-leading full service mobile
technology platform allows clients to manage more than seventy types of
campaign solutions from development through to delivery and measurement.

This holistic approach gives our customers the ability to deploy the
right campaigns for their audiences to the timescales and across the
regions they need."

MMP 4.0 features enhanced advertising and marketing solutions spanning
multiple mediums including mobile communities, games and applications.

Using MMP4.0, advertisers and operators can offer consumers a unique,
personalised mobile marketing experience using loyalty schemes, mobile
coupons, social networks and other interactive activities

Adds Moukas: "The global media industry is looking at mobile marketing
as the next big advertising platform. Velti is continually driving the
market, looking to bring social networking, user generated content and
digital communities into the mobile marketing mix while also enabling
customers to maximise their investment in traditional media spend."

Besides the Version 4.0 launch, Velti is also announcing significant
customer wins and contract extensions. Its work with Johnson & Johnson
for example, includes a mobile advice-based community for
mothers-to-be; in this case Velti MMP was used to design and execute an
integrated mobile marketing and advertising campaign targeting the
Hispanic U.S.

market. In another very interesting mobile campaign, new client
Kellogg's has launched an on-pack short code promotion for instant win
prizes with very successful results.

Moreover, in 2007 Velti has created a number of brand loyalty building
campaigns for major Operators in Europe, such as Orange UK. The leading
UK mobile operator partnered with Velti to launch an online and mobile
music community which offers a priority mobile ticketing notification
and purchasing service. The campaign is aimed at engaging and
developing a direct and interactive relationship with customers,
allowing users to receive notifications regarding their favorite
artists' concerts and reserve tickets via the mobile.

Velti's work with mobile operator MTEL on a short code competition led
to the country's most successful mobile campaign with over 12.5m
messages from a subscriber base of just 4.5m while a Bacardi campaign
for mobile invitations to parties had to close early due to its success.

Finally, in 2007, Velti and the Interpublic Group (NYSE:IPG), one of
the world's leading advertising agencies and marketing services groups,
announced the launch of Ansible, their joint venture which has formed a
dedicated mobile marketing agency. Ansible operates in North America
and Europe, with plans to open full-service offices in Asia and is
using Velti's MMP to offer mobile strategy, creative development and
campaign management, leveraging best-in-class technology and expertise.
Ansible has made excellent progress since its commercial launch in
September 2007, having signed up 5 Fortune-50 customers for mobile
campaigns in North America, Europe and Asia.

"Velti has more than seven years of experience working with mobile
operators and ad agencies," says Velti's COO Chris Kaskavelis. "We have
been around from the start of the industry and have a deep
understanding of our customers, their business practices and customers.
We can show operators a way to monetise new data services. We give ad
agencies another channel to offer their clients and we bring media
companies new channels through which to maximise the revenue from their
intellectual property. But more than that, with our technology and
commitment with R&D, we offer our customers clear line of sight into
the technologies and campaigns that will provide new revenue channels
as the mobile advertising industry develops."

Velti is offering demonstrations of its innovative Mobile Marketing
Platform at its booth 7C86 in Hall 7.

About Velti

Velti's market-leading mobile marketing technology platform, coupled
with its experience in the mobile advertising industry, enables clients
around the world to deliver an extensive range of highly targeted
marketing campaigns. With operations in 16 countries: UK, USA, Greece,
Bulgaria, Cyprus, Philippines, FYR Macedonia, Romania, Bosnia, Turkey,
Ukraine, Armenia, France, Germany, China and Russia, Velti has
implemented projects reaching an estimated 570 million consumers (not
including China, which will go live later in 2008).

Velti's unique Mobile Marketing Platform (version 4.0) manages the full
cycle of planning, execution and monitoring of multiple campaigns
across differing mobile formats and channels, offering customers more
than 70 above and below-the-line mobile marketing and advertising
formats, which can be managed from one user interface.

Velti is a publicly traded company listed on the London Stock Exchange
(AIM), with sustainable growth in revenue and profits. The company is
heavily investing in its customers' future needs, especially in the
mobile advertising and mobile content enablement market. Velti's Board
of Directors is comprised of leading professionals from the United
States and the European business community such as: D. Mann (Former
Group CEO of LogicaCMG plc),, N. Negroponte ( Non-Executive Director of
Motorola, Inc, and MIT Professor & founder of Media Lab),, D. Hobley
(Non-Executive Director of Orange) and J. Goldstein (former Executive
Director and Board Member of Citicorp Investment Bank in London).

CONTACT: Beth Meszaros, Weber Shandwick
Tel: +44 (0)20 7067 0518
WWW: http://www.velti.com

((M2 Communications Ltd disclaims all liability for information
provided within M2 PressWIRE. Data supplied by named party/parties.
Further information on M2 PressWIRE can be obtained at
http://www.presswire.net on the world wide web. Inquiries to
[email protected])).

Copyright ? 2008 M2 Communications Ltd.

[ Back To TMCnet.com's Homepage ]