WILMINGTON, Del., April 11, 2005 (PRIMEZONE) -- m-Wise, Inc. (OTCBB:MWIS), a leading technology provider of interactive mobile solutions for operators, ASPs and content providers, today announced the signing of a major new agreement with YamaTel Ltd for the distribution of their products and services in Turkey.
YamaTel Ltd, a Telecom products and services marketing and consulting company, will distribute a number of m-Wise's key products and services to the rapidly growing Turkish Telecom market, including major mobile operators such as Turkcell and Telsim. The agreement will include the distribution of m-Wise's comprehensive, carrier-grade MOMA Gateway, the leading Service Delivery Platform (SDP) for value-added services and content featuring the m-Wise Application Gateway and SDK, content based billing engines and CRM and customer care facilities. Additionally, the Value Added Service (VAS) application engines, including the m-Wise Content Management and Delivery Platform, Infotainment, Voting, Campaign Management and more, will provide the Turkish market with up-to-date, state-of-the-art solutions.
"We are very pleased that our products and services will be rolled out in Turkey," said Zach Sivan Vice President of sales and marketing of m-Wise, Inc. "With YamaTel's proven track record of supporting and supplying International Telecommunication Services to the Turkish market and the m-Wise portfolio we expect our new venture to be a huge success."
The MOMA SDP comprises of over 1,000 value-added services and applications launched on more than 50 European, American and Asian networks with deployment over MMS, SMS, EMS, J2ME, WAP, USSD, IVR, Web, and email. m-Wise can be described as providing the industry's most robust and critical SDP for mobile operators, wireless ASPs and large content and media providers. The MOMA SDP increases data traffic and premium revenues and considerably minimizes capital, commercial, training and technical requirements for the management and control of value-added-services. About YamaTel Yamatel is a marketing expert in the discipline of Telecom Services and Value Added Services, such as Calling Card, CallBack, Web CallBack, content for mobile operators and ASP, Wholesale and Smart VoIP solutions. YamaTel's projects meet the continuing needs of preferred potential customers around the world, by delivering time sensitive critical information and custom fit solutions, using a high end technology and an access to a valuable host of resources and clientele. About m-Wise Founded in February 2000, m-Wise has rapidly established itself as a leading technology provider with its Service Delivery Platform and related value-added services engines. Working closely with leading operators, ASPs and content providers, m-Wise is committed to taking the lead and keeping up to date with the latest industry headways in areas as diverse as content management and delivery, infotainment, mobile gaming and mobile community services. The Service Delivery Platform, the MOMA Platform, includes carrier-grade application provisioning and development utilities, infrastructure connectivity layers, billing, global delivery, content management, and customer support tools. Safe-Harbor Statement This press release contains "forward-looking statements". These forward-looking statements use words such as "believes", "intends", "expects", "may", "will", "should", "plan", "projected", "contemplates", "anticipates" or similar statements. These statements are based on our beliefs, as well as assumptions we have used based upon information currently available to us. Because these statements reflect our current views concerning future events, these statements involve risks, uncertainties and assumptions. Actual future results may differ significantly from the results discussed in the forward-looking statements. A reader, whether investing in our common stock or not, should not place undue reliance on these forward-looking statements, which apply only as of the date of this report.