Birdstep signs group wide frame agreement with leading European operator
(Oslo, May 14, 2010) Birdstep Technology ASA has signed a group wide frame agreement for EasyConnect with a leading European operator.
Birdstep Technology, a leading provider of wireless connectivity and security software, has signed a 3 year frame agreement for EasyConnect with a major European operator. For the initial launch country only, Birdstep estimates the revenue for the first 2 years to amount to 8 million NOK. EasyConnect is an advanced connection and service management solution, providing subscribers with mobile broadband connectivity and operators with powerful capabilities for remote support and direct communication with subscribers. EasyConnect also offers detailed statistics and information about the subscriber base. Effective as of today, Birdstep has amended its IR policy regarding contract awards in EasyConnect and will, to the extent possible, provide an estimate on contract value. Please see full text at http://www.birdstep.com/upload/Docs/Birdstep_IR_Policy_2010.pdf .