| November
30, 2004
AIRWIDE SOLUTIONS AND DATA SERVICE
SIGN COOPERATIVE PARTNERSHIP
London, UK. - November 30, 2004 -
airwidesolutions, a global provider
of innovative messaging and content
delivery management solutions, and
Data Service, a provider of outsourcing
services to the financial sector,
today signed a cooperative agreement.
The agreement provides focused collaboration
on the development of mobile communication
and outsourcing services. This worldwide
partnership aims to target the telecommunication
and public administration markets,
whilst both companies dedicate special
attention to secured communication
services.
"Working with Data Service will
allow airwide to address the growing
market requirement for the provision
of product as well as operational
services, whilst maintaining focus
in our area of expertise. The opportunity
to do this with a partner with whom
we already have such a strong friendship
and level of trust is wonderful"
says Simon Everitt, President and
CEO of airwide solutions. "This
partnership also strengthens our position
in Europe, which is very important
in establishing airwide as the premier
provider of mobile messaging and content
delivery solutions"
Lucio Rispo commented, "This
agreement, following the ones with
Telcordia is a fundamental step towards
the new company asset. The cooperation
with airwide will complete our ability
to offer Managed services in all the
market segments using the communication
backbone developed by airwide. The
focus of the two companies towards
the Valued Added Services will enable
us to provide state-of-the-art solution
to the market"
Data Service and airwide solutions
are already working on a number of
opportunities, which will not only
cement the relationship, but reinforce
the belief that the next phase of
market development will be dominated
by "partnered" teams of
focussed and specialised companies
who together provide end to end services.
ABOUT AXIOM VENTURE PARTNERS
Axiom Venture Partners provides capital
and strategic assistance to rapidly
growing high technology companies.
With over $185M in committed capital
under management, the firm has particular
emphasis in three main areas: Communications,
Software Infrastructure/Internet,
and Biotechnology. Axiom invests from
early to late stages, is active throughout
the United States, and has five investment
professionals in two offices. Axiom
has had multiple IPOs and transactions
and ranks in the top quartile for
venture funds in returns. The firm
is currently investing Axiom Venture
Partners III.
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