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Wysdom Forms Strategic Alliance with APAR Infotech to Provide Mobile Operators with Wysdom MAP-OS
URL(s): www.wysdom.com
the World's First Mobile Network Operating System -- Agreement Sets
Foundation for Wysdom's Expansion into Asia-Pacific Region
TORONTO, Jul 18, 2002 - Wysdom, the leading provider of mobile network operating system software, today
announced a strategic partnership with APAR Infotech, a global IT services provider. Under the terms of the agreement, Wysdom and APAR
Infotech will work together to deliver Wysdom's Mobile Network Operating System (MNOS) software, Wysdom MAP-OS, to Asian- and
Pacific Rim-based mobile operators. The move underscores the company's efforts to expand its presence and accelerate market penetration in
key geographical segments around the globe.
According to Neil Ward-Dutton at research firm Ovum, subscriber spending on wireless data services in Asia-Pacific will reach $14.5 billion
through 2006. "Obviously this presents a vital opportunity for players in that region. But taking advantage of the opportunity depends absolutely
on service providers having the right software infrastructure in place to help with the real 'killer app' - enabling third-party innovation in content
and applications. This announcement is a great example of suppliers working together to help service providers build that infrastructure."
Kashif Hassan, president and chief executive officer of Wysdom, believes that the downward pressure on mobile operators' Average Revenue
Per User (ARPU) can only be countered by the delivery of margin-rich data services. He commented that the agreement with APAR Infotech
perfectly illustrated the recognition that a MNOS is the only way for an operator to profitably deliver an array of compelling mobile data services.
"We're pleased to announce this strategic partnership with APAR, a recognized worldwide IT services leader," said Mr. Hassan. "With Wysdom
MAP-OS in hand, APAR's consulting organization will be further empowered to assist mobile operators in the Asia/Pacific region to address the
challenges they face in deploying next-generation mobile data services to their subscriber base. We have aggressive growth plans and anticipate
that a significant percentage of potential revenue will be driven out of this region."
"Wysdom MAP-OS is a key area of opportunity for us," added Rajeev Srivastava, CEO of APAR Infotech. "We feel that it will be a key
strategic tool in the hands of our consultants as they work with our mobile operator clients. It allows them to deploy a wireless services platform
that leverages existing network infrastructure build to provide a single environment in which to manage, control and grow an operator's data
services business."
About APAR Infotech
APAR Infotech is a global IT services company, leveraging Internet technologies to deliver end-to-end e-business solutions. Headquartered in
Pittsburgh, PA, with 14 offices in Asia-Pacific, Europe and North America, APAR employs over 1,050 IT professionals, and delivers e-business
solutions and professional services to 250+ clients worldwide. APAR offers clients technology solutions in CRM, Infrastructure, B2B
e-commerce, e-Integration, Mobile e-services and e-Payments space. APAR has extensive experience in Internet, Intranet and e-Commerce
solutions encompassing Technology Strategy, Architecture, Design, Application Development, Migration, Application Integration, Maintenance,
Quality Assurance & Testing. APAR is one of BEA's most credible service partners worldwide for deploying faster, better and low cost
solutions using BEA products. Having a close relationship with BEA in North America, Europe and Asia-Pacific, APAR has been involved with
several large strategic deals as a Systems Integrator with BEA Systems as well as BEA's trusted large SIs/Partners.
APAR owns and operates two state-of-the-art Software Development Centers across the globe, located in India and Singapore, offering clients
cost-effective, best-of-breed outsourcing solutions. Warburg Pincus, one of the world's largest and most prestigious private equity firms, holds a
significant equity stake in APAR. For more information, please visit www.apar.com.
About Wysdom Inc.
Wysdom ( www.wysdom.com) empowers mobile operators to deliver high-value data services to their consumer and enterprise customers
with their flagship software, Wysdom MAP-OS(TM). Wysdom MAP-OS aggregates the functionality that resides within the mobile operator's
existing network and makes it possible to develop truly innovative services and applications in a scalable, streamlined process. By allowing
controlled and billable access to existing network and support infrastructure, Wysdom MAP-OS enables the development of services and
applications by third parties that go beyond simple device functionality. Mobile operators benefit by leveraging their network investments to
generate lucrative new revenue streams. Incorporated in 1999, Wysdom serves its global customer base from locations around the world.
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