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Press Release

Aepona Acquires Valista


Creating a powerful, independent vendor of “Network as a Service” solutions

Belfast, 7th July 2009 - Aepona, a global provider of telecoms software products and services headquartered in Belfast, Northern Ireland, today announced its acquisition of Valista, a Dublin, Ireland-based provider of payment, settlement and service lifecycle management solutions to mobile and broadband operators worldwide. The acquisition, which comes into effect immediately, creates a powerful, independent vendor, operating under the Aepona brand, with a complete solution for the “Network as a Service” (NaaS) business model now being embraced by Telcos globally.

With the NaaS model, mobile and broadband operators treat their network and informational assets as marketable resources that can be made available to third party application developers, upstream service providers and Enterprises. These organizations can then enhance their applications, services and business processes with Telco capabilities such as voice, location, messaging, profile, billing and so on.

The new Aepona offers Telcos an end-to-end solution for the NaaS model, including Open APIs towards core network capabilities, 3rd party relationship management, monetization, billing mediation and settlement, and service lifecycle management. Following the acquisition, Aepona’s client list now includes some of the world’s largest mobile and broadband operators in North America, EMEA and Asia. 

“For some time now, operators have recognized the need to adopt a more collaborative approach to working with organizations such as Enterprises and web-based service providers”, said Al Snyder, CEO of Aepona. “The rise in Over-the-Top services has made them realize that in order to compete effectively, they need to leverage their assets to the fullest extent possible, and this means opening up these assets towards third parties in a secure, controlled and billable manner.”

“The move towards openness initially focused on the device side, but over the past year attention has shifted towards the network side”, continued Mr Snyder. “Aepona has secured several contracts with Tier 1 operators to implement their Open Network API programs, but until now we have lacked the monetization and settlement capabilities that are required for a true NaaS offering. With the acquisition of Valista, we can now offer Telcos the means to monetize their Open API initiatives, as well as offering third parties a convenient way to bill end-users for their services.”

Kevin McGrath, CEO of Valista, commented: “This is a major step forward in the evolution of Valista’s business. The combination with Aepona creates significant benefits for the customers of both companies, providing them with a more complete solution from a single, independent entity that has the operational scale to serve our large operator customers at a global level. In addition, the combined company’s competitive position will be greatly enhanced in the emerging Telco 2.0/NaaS marketplace, as the only independent vendor capable of delivering a complete solution”.

About Aepona
Aepona provides software products and solutions to Telcos globally, empowering them to fully participate in the new, collaborative world of “Telco 2.0” and unleash the full potential of their network assets. Headquartered in Belfast, Northern Ireland with offices in the UK, Europe, North America and Asia, our products have been deployed by Tier 1 operators such as France Telecom/Orange, Sprint, Vimpelcom, Bharti Airtel, TELUS, BT and KPN, supporting several hundred million subscribers worldwide.

Aepona's solution provides the crucial bridge between the Web / IT and Telecoms domains, enabling new Telco business models, creating new channels to market and opening up new revenue sources from their existing network assets. New services can be developed and rolled out faster than ever before, and can be seamlessly deployed across mobile, fixed, circuit-switched and IP/IMS networks.

Aepona’s Telecom Web Services platform – recently awarded the prestigious “Best Service Delivery Platform” Award in the GSM Association’s 2008 Global Mobile Awards - allows Telcos to securely publish their network capabilities - communications, information and intelligence - to the outside world as standards-based Web Services. This enables thousands of 3rd parties to telecom-enable both Enterprise business processes and web-based consumer services, providing Telcos with new revenue sources from existing assets as well as many new routes to market.

About Valista
Valista provides a complete digital commerce experience through a suite of platforms and managed services, enabling multi-channel payments, settlement and service lifecycle management. The Company provides a unique range of market solutions accelerating the adoption of digital commerce by allowing service providers to support and offer complex and evolving business models, streamlining processes and offering consumers exciting new ways of interacting with digital content.

Valista enables mobile, broadband and cable operators, media and entertainment companies to manage the entire digital commerce ecosystem including the on-boarding, provisioning, merchandizing, payments, settlement and customer care services. We offer a wide range of implementation options, deploying best of breed application software, assisting with analysis, design and integration or delivering a complete managed service.
Valista's digital commerce management solutions and services have been proven across the globe in real world implementations by leading innovators such as U.S. Cellular, Cricket, Vodafone, France Telecom's w-HA, Orange and mBlox.

For further information contact:
Michael Crossey
Vice President Marketing, Aepona
T:+44 7734 318210