The joint venture, Gridline Africa, will be 50 percent equally owned by both EG and GXI.
Further, the agreement states that, separate from the JV, GXI will provide technical support, training and implementation as necessary to the existing communications companies currently in operation.
pioneered the revolutionary model in cardless and cashless mobile commerce service called GCash, which was launched in the Philippines in October 2004.
Under Baltao, GXI
launched products such as Power Pay Plus, American Express Virtual Pay, and Globe Charge.
TV personality and entrepreneur RJ Ledesma, Globe Chief Operating Advisor Peter Bithos, Globe Senior Vice President for myBusiness Martha Sazon and GXI
President Paolo Baltao attended the launch.
Our partnership with GXI
will provide consumers with broader access to global online shopping opportunities and services as well as drive innovative product development and strong business growth for both GXI
and American Express.
The LabChip DS complements Caliper's existing LabChip GXI
and GXII platforms.
develops solutions that harness the power of the Internet and Intranet and enable the deployment of true business-critical applications and services through the World Wide Web.