Motorola Invests in Anam Mobile
BASINGSTOKE, England, June 16 /PRNewswire-FirstCall/ -- Motorola Ventures, the investment arm of Motorola, Inc. and Anam Mobile Ltd. today jointly announced that Motorola has made a strategic investment in Anam, a leading developer of messaging infrastructure products for the mobile telecoms industry. Terms of the investment were not disclosed.
"We are pleased to have this opportunity to invest in Anam Mobile," said John O'Donohue, managing director of Motorola Ventures EMEA. "We recently established a commercial relationship with Anam as well and are excited about the opportunity for our companies to work together. We believe that Anam has the potential to become a leading innovator in the mobile data services sector."
"The messaging market is the most mature consumer-oriented mobile data services market but has been the subject of little genuine service innovation. Anam's Smart Service products are designed to allow operators to secure premium revenue streams by offering services that are relevant and complementary to a seamless mobile life-style," John added.
Gerry McKenna, CEO at Anam Mobile, commented: "Motorola is an ideal partner for Anam and we are eagerly looking forward to working together to deliver innovative wireless data solutions to operators worldwide. Globally, as SMS retail pricing continues to decline, the significance of premium service revenues continues to grow. By offering Smart Services, operators can expand the premium SMS and MMS market with services that have genuine long-term consumer appeal. Our launch pack of Smart Services will guarantee immediate bottom-line impact as well as offering longer-term advantages regarding market differentiation and customer retention."
"The investment will allow Anam to aggressively expand its global reach, whilst also supporting continued expansion and enhancement of the Anam product suite," Gerry added. Existing investors in Anam include Mayfair Venture Capital and Enterprise Ireland.
About Motorola Ventures
Motorola Ventures (MV) is the global, strategic venture capital investment arm of Motorola, Inc. MV actively invests at all stages in developing companies of strategic value to Motorola in order to accelerate access to new technologies, new markets and new talent. For more information: http://www.motorola.com/ventures
Motorola is a Fortune 100 global communications leader that provides seamless mobility products and solutions across broadband, embedded systems and wireless networks. In your home, auto, workplace and all spaces in between, seamless mobility means you can reach the people, things and information you need, anywhere, anytime. Seamless mobility harnesses the power of technology convergence and enables smarter, faster, cost-effective and flexible communication. Motorola had sales of US $31.3 billion in 2004. For more information: http://www.motorola.com/
Anam Mobile provides a complete messaging services solution to mobile operators worldwide, covering core network SMS and MMS delivery platforms and additional service control products. All Anam products have been specifically designed for the modern messaging services environment and reduce total cost of ownership to the operator.
In addition to next-generation SMS & MMS delivery platforms, Anam also supplies the Smart Services Framework, allowing operators to enrich and personalise the subscriber messaging experience. Anam publishes the interface specification to operators, giving them the ability to develop multiple Smart Services of their own. For further information, please visit http://www.anam.com/
MOTOROLA and the stylised M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners.
Photo: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, [email protected]
CONTACT: Patrick Hamilton, +44-1-256-790481,[email protected], Jennifer Weyrauch, +1-847-435-5320,[email protected], both of Motorola; Loughlin O'Nolan of AnamMobile, +353-1-483-0200, [email protected]
Web site: http://www.motorola.com/http://www.motorola.com/ventureshttp://www.anam.com/
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