Update by RIM

RNS Number : 1444P

Bango PLC

29 September 2011

 



29 September 2011

Embargoed until 07:00

BANGO PLC

("Bango" or "the Company")

Update by RIM

Carrier Billing via Bango now Live in 10 Countries

Bango (AIM: BGO), the mobile payments and analytics company, is pleased to provide the following update on the progress it is making with BlackBerry App World.

The importance of Blackberry App World to the fortunes of RIM was underlined by Mike Lazaridis, co-CEO of RIM, during a recent investor update (http://www.rim.com/investors/events).

Mr Lazaridis presented the key capabilities of the latest version of its app store, App World 3.0, which has recently started to be deployed to Blackberry users. Alongside the enhanced merchandising and discovery features of the app store, the importance of Carrier Billing was outlined. It was reported that Carrier Billing (which is powered by Bango) is now live in 10 countries.

Bango started enabling Carrier Billing for Blackberry App World in August 2010, going live initially with AT&T Wireless in the US. Since then Bango has signed several other operators and recent progress has been rapid; the announcement of 10 countries rolled out already demonstrates Bango's progress over the past year.

Mr Lazaridis also underlined RIM's extensive geographic roll out of Blackberry App World by confirming that it is now available in 131 markets, has over 40,000 'apps', and sees 4 million daily downloads.

The deployment of BlackBerry App World in 131 markets worldwide represents a substantial opportunity to Bango for further Carrier Billing activity, and Bango is working hard to deliver this as fast as possible.

Ray Anderson, CEO, commented: "The relationship with RIM is an important one for Bango and we are pleased with the good progress made to date. With the BlackBerry app store, Blackberry App World, now available in 131 countries, there is a significant, and growing, market opportunity which we are fully committed to developing."

Contact Details:

Bango plc	Threadneedle Communications	Cenkos Securities plc
Tel. [phone] www.bango.com	Tel. [phone]	Tel. [phone]
Ray Anderson, CEO	Caroline Evans-Jones	Ken Fleming
Peter Saxton, CFO	Fiona Conroy	Beth McKiernan

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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