New GO!Enterprise contract and updateDecember 24, 2012
FOR IMMEDIATE RELEASE
24 December 2012
GLOBO Plc (“Globo” or the “Group”)
GO!Enterprise winsTier-1 MNO contract and update
Globo Plc (LSE-AIM: GBO) the international mobile solutions and SaaS provider, announces a new contract with a Tier-1 SE European mobile network operator (“MNO”), for the commercial launch of GO!Enterprise.
This is the second contract for GO!Enterprise with a Tier-1 MNO and targets the commercialisation of both GO!Enterprise Office (secure e-mail, files, messaging and personal information management) and GO!Enterprise Mobilizer (development of mobile apps that connect to enterprise systems).
Commercial launch is expected to take place in January 2013. The service will be provided on a recurring monthly subscription per device.
Since launch a year ago, GO!Enterprise has experienced strong demand resulting in numerous partnerships, distribution agreements and new customers, including banks, large businesses, SMEs andgovernment projects, demonstrating the superiority of GO!Enterprise‘s technology and its well positioned marketing strategy and commercial model.
As expected, Globo’s expertise and reach in the European market has resulted in a total of more than 900 active customers with more than 140,000 Business to Employee and Business to Business active licenses through the GO!Enterprise Office and Mobilizer license scheme, and a total of more than 80,000 Business to Consumer active licenses through the GO!Enterprise Reach license scheme.
The vast majority of new customers have been through the partner network that Globo has successfully been putting together for the last 18 months and which has grown to more than 120 direct partners and 4,500 indirect (through distributors) partners.
The revenues from the sale of GO!Enterprise licenses together with associated services of support, training and customised apps development is contributing to a significant proportion of this year’s revenue, giving us the confidence that GO!Enterprise will evolve into one of the major drivers of our future growth.
Globo has successfully launched GO!Enterprise Server in the US at the MobileCON CTIA event in October 2012 and expects to announce several direct customers and partner deals soon.
In the meantime Globo is gaining significant recognition within technology research firms which will help GO!Enterprise win more customers, particularly larger ones which invest in technologies based on “best of breed” solutions that are covered in research reports.
GLOBO’s CEO, Costis Papadimitrakopoulos, stated:
“This is another great moment in Globo’s history.
Since we floated on AIM 5 years ago, we have succeeded in transforming Globo from being a traditional, domestic E-business player to being a global provider of technology for both the consumer and enterprise mobility markets.
This new Tier-1 MNO contract win is a result of Globo’s continuous investment and successful commercial efforts and we expect that it will act as a catalyst for other new MNO contracts in the near future.
The recent divestment from our Greek operation shows our strong commitment to international expansion and the current trading picture provides solid evidence that Globo has all the elements for becoming a leader in its markets.
We couldn’t expect a better way to end 2012 than securing a contract with such a significant MNO, and we are confident that 2013 will be a year of strong growth for our enterprise mobility business, driven by BYOD demand and increased awareness about Globo’s GO!Enteprise solution.”
Costis Papadimitrakopoulos, CEO
Dimitris Gryparis, Finance Director
RBC Capital Markets
(Nominated Adviser and Broker)
Stephen Foss / Pierre Schreuder / Daniel Conti
+44 (0) 7771 758517
GO!Enterprise is an Enterprise Mobility Platform, catering for the B2Employees, B2B and B2C needs of enterprises, for mobilisation of business apps and software across any mobile operating system, as well as for secure wireless mail. It can mobilise and access all mainstream, vertical or customised software, business tools and applications, using any mobile device or tablet, across any operating system or network, thereby enabling enterprises to respond to the long-term BYOD (Bring Your Own Device) trend.
GLOBO PLC (LSE-AIM:GBO), is an international leader and technology innovator delivering mobile, S.a.aS and telecom software products and services. Globo has established itself as one of the market leaders in the ICT market, offering a wide range of products and services to the corporate, public and consumer market. The Group operates internationally through subsidiaries and offices in US, UK, Europe, Middle East and South East Asia. For more information visit the company’s website at www.globoplc.com