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IP and convergence technologies offer the promise of new, rich blended services," said John Sims, Chief Executive Officer of 724 Solutions.
Learn how to tap into these new revenue growth opportunities with your mobile internet, mobile broadband and IP messaging services from 724 Solutions.
Globe is at the forefront of innovation in value-added messaging services and has created a thriving data marketplace for their subscribers," said John Sims, Chief Executive Officer of 724 Solutions.
724 Solutions will hold its Annual and Special Meeting of Shareholders at the Fess Parker's Double Tree Hotel, Santa Barbara, California, on Thursday, April 28, 2005 at 9:00 a.
As competition enters the mobile marketplace from fixed mobile convergence, mobile operators need to simplify their data infrastructure, lower their cost of ownership and deploy flexible solutions to offer blended services," said John Sims, Chief Executive Officer of 724 Solutions.
These statements include the statements herein regarding: the services and products that are and will be offered by 724 Solutions, the benefits that businesses and individuals will obtain from these services and products, future demand for these services and products, our future operating performance and our plans and prospects.
Multimedia messaging is a growing contributor to mobile data revenues," said John Sims, Chief Executive Officer of 724 Solutions.
The 724 Solutions Board of Directors approved the arrangement agreement following the report and favorable recommendation of its Special Committee of directors independent of management of 724 Solutions and independent of Austin Ventures who reviewed and considered the arrangement.
Upon shareholder approval and the completion of the second tranche of financing, all outstanding principal and interest is convertible into common shares of 724 Solutions at a conversion price of $3.
724 Solutions has filed a Management Information Circular and Proxy Statement and other documents in preliminary form with the U.
The acquisition of the AGW product and the OEM agreement with Nokia are expected to be accretive to our profit plan and will be key elements in driving 724 Solutions to profitability in the fourth quarter of 2004," said Glenn Barrett, 724 Solutions, Chief Financial Officer.
724 Solutions , a leading provider of next-generation IP-based network and data services, today announced an agreement with Nokia to acquire the Nokia Multimedia Application Gateway (AGW) product and a separate OEM agreement under which Nokia will continue to offer the product to its existing and future customers.