Commercial Discussions with R

RNS Number : 4370K

Bango PLC

20 April 2010

 



20 April 2010

BANGO PLC
("Bango" or the "Company")

Commercial Discussions with RIM

Bango plc (AIM:BGO), the mobile web payments and analytics company, advises that Research In Motion (RIM) has sent an email to BlackBerry App World™ vendors which states that Bango will be introduced as ''the Merchant of Record for carrier billed transactions" for BlackBerry App World. At this stage neither RIM nor Bango have announced any timescales relating to this project. Accordingly, it is at an early stage and the Company will update the market as appropriate as the project progresses.

Bango is in discussion with many OEMs about using Bango products and services to make their application stores more successful. Bango currently provides payment services to many major suppliers of mobile phone applications enabling the quick and easy collection of payments from mobile phone users using the Company's technology and carrier relationships.

Contact Details:

Bango plc	ICIS	Cenkos Securities plc
Tel.       [phone]	Tel.       [phone]	Tel.       [phone]
Ray Anderson, CEO	Caroline Evans-Jones	Ken Fleming
Peter Saxton, CFO	Tom Moriarty	Jon Fitzpatrick

About Bango

Bango (AIM: BGO) provides technology that enables commerce on the mobile web.

Bango enables businesses of all sizes to collect payment for music, games, applications, videos and services sold to internet connected mobile phone users.  Bango is able to charge payments to mobile phone bills or use other billing methods such as credit card based on intelligence about the consumer. Bango also provides an analytics service that provides accurate information about visitors and the effectiveness of marketing activities for mobile web sites.

Visit www.bango.com.

 

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