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ESG Eservglobal Limited

5.45
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eservglobal Limited LSE:ESG London Ordinary Share AU000000ESV3 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.45 5.40 5.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

2007 Forecast Upgrade

17/05/2007 8:00am

UK Regulatory


RNS Number:7525W
eServGlobal Limited
16 May 2007



Sydney 17 May, 2007

                      eServGlobal upgrades 2007 forecast.

eServGlobal Limited (ASX:ESV & LSE:ESG), a supplier of advanced real-time
Charging and Messaging solutions to leading telecommunications carriers
worldwide, today announced revenue guidance for the current fiscal year, ending
30 June 2007.

Continuing sales and delivery growth in the second half is forecast to produce a
full-year revenue achievement above AUD$150million, representing 58% growth over
the FY06 revenue achievement of AUD$95million and reflecting not only
strengthening market conditions but also the success of eServGlobal's product
strategy.

EBITDA margin is expected to improve over the FY06 level, as a result of
continuing improvements in operating efficiency and productivity.

There are a number of assumptions included in the forecast, particularly in
regard to external project dependencies not fully under the control of
eServGlobal, which may reduce or increase the final result.  We will advise the
market if any significant changes occur.

"Our technology leadership in real-time charging, mobile payments and messaging,
for both conventional and Next Generation Networks, has produced excellent
growth this year." said Mr. Ian Buddery, CEO & Chairman of eServGlobal.

"We are planning for continuing growth in FY08, together with increased R&D
investment, new products and new geographies, to secure the company's success
for the long term."

About eServGlobal

eServGlobal produces software systems which connect telecommunications networks
with the charging, billing and payments worlds. Telecoms carriers use our
software so that they can provide and charge for phone calls, value-added
services and advanced messaging in real time. We link the communications and
financial aspects of telephony, instantly.

We enable telephone companies to not just grow, but to grow profitably and
efficiently, preserving their investment as network technology evolves.

Over 80 of the world's leading carriers in more than 50 countries use
eServGlobal's advanced solutions and expertise to successfully address their
business challenges and to manage over 160 million subscribers.

eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the London
Stock Exchange AIM market (LSE: ESG).  More information can be found at:
www.eservglobal.com

Ian Buddery
Chief Executive Officer and Chairman
eServGlobal Limited
e-mail: info@eservglobal.com
phone:  +61 2 9364 2700


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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