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| Geodesic, Sybase 365 in deal to offer mobile messaging services worldwide |
| Announcement / Corporate Oct 10, 2009, 14:35 IST |
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Partnership Brings Innovative Messaging Solutions to 800 Global Operators
Geodesic Limited (BSE: 503699, NSE: GEODESIC), a leading provider of award-winning mobile and desktop solutions for instant messaging, VoIP and Internet radio, today announced it has partnered with Sybase 365, a subsidiary of Sybase, Inc. (NYSE: SY), the global leader in mobile messaging services, to extend the breadth of Geodesic’s service portfolio and to further expand its large global user base.
“Geodesic was looking for a partner who could deliver high quality, cost-effective messaging services with the broadest worldwide coverage,” said Arvind Venkateswaran, Geodesic’s senior vice president and general manager. “After looking at several options, we identified Sybase 365 as a proven mobile platform provider with the most extensive, private-operator-grade network for mobile messaging available. This partnership will enable Geodesic to extend its offering throughout Asia, Europe and beyond, bringing its mobile communication services to a significant number of new customers.”
Geodesic’s leading mobile messaging solutions provide deep collaboration across the Internet, wireless devices and platforms. Leveraging Sybase 365’s unrivalled global SMS, MMS and GRX interoperability and reach to 800 mobile operators, Geodesic will be able to reliably deliver its services to hundreds of customers around the world.
“Sybase 365 is pleased to partner with Geodesic to expand its capabilities, bringing applications to market that leverage growing smart phone usage to make it more productive and cost-effective through unparalleled mobile messaging reach to mobile users around the world,” said Matthew Tonkin, senior sales director, Asia, Sybase 365.
Mobile messaging is a fast growing industry, generating revenues of $130 billion worldwide in 2008. According to Portio Research, this figure is set to rise to a market value of $224 billion by 2013. The firm predicts explosive growth in SMS, MMS, mobile email and mobile IM, with SMS becoming a $100 billion business by 2010, and mobile IM use growing from 111 million worldwide users in 2008 to a massive 867 million users by the end of 2013.
About Sybase 365
Sybase 365, a subsidiary of Sybase, Inc. (NYSE: SY), is the global leader in enabling mobile information services for mobile operators, financial institutions and enterprises. We provide our customers with the widest offering in SMS, MMS and GRX interoperability, end-to-end mobile commerce solutions, innovative text messaging, mobile marketing and content delivery services. Sybase 365 processes more than one billion messages per day, reaching 800 operators and 3.4 billion subscribers around the world. For more information, visit:www.sybase.com/365. Read our blogs: MailScanner has detected a possible fraud attempt from "blogs.sybase.com" claiming to be http://blogs.sybase.com
About Geodesic Limited
Geodesic is an innovator in software products focused on Information, Communication and Entertainment for mobile phones and desktop computers. Headquartered in Mumbai, India, Geodesic's Mundu suite of award-winning products includes solutions for Instant Messaging, Voice-over-IP and Internet Radio. The company is listed on the National Stock Exchange and Bombay Stock Exchange in India. Geodesic has offices in Mumbai and Bangalore in India, USA (Silicon Valley), UK, Sweden, Mauritius, Germany and Hong Kong.
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