Symsoft is awarded contract in the Middle East worth SEK 50 million

Symsoft has been chosen to deliver messaging- and charging solutions to a strategic customer in the Middle East at a value exceeding SEK 50 million. The Middle East has shown rapid growth in the last two years. Data from the last quarters indicate annual growth rates amounting to approximately 37 per cent. In the beginning of 2006, the number of cellular users exceeded 100 million according to Wireless Intelligence. “The Middle East is a very important region to Symsoft and our local presence has shown to be of great value. This contract is a strategically important achievement and strengthens Symsoft’s position for the future. With our strong and modern product portfolio, we aim to become market leading in Value Added Services and Charging solutions”, said Patrik Philipson, CEO of Symsoft AB. “We are delighted to have been rewarded this responsibility and we are deeply committed to supporting our Middle East customer in their efforts to enhance subscriber services”, said Bogdan Sacuiu, General Manager, Symsoft Middle East and Africa. Behind Symsoft’s success lies the ability to use new technology to empower mobile operators’ subscriber services. Symsoft’s solutions help boost revenue and cut costs on an increasingly competitive mobile market. For further information please contact: Marie Svensson, VP Marketing, Symsoft AB, at +46 8 503 86 636 or, +46 70 190 0482 marie.svensson@symsoft.com