RTS NetWorks Group PLC
8 May 2001
RTS NETWORKS GROUP PLC
('RTS Networks')
New Contracts
The Board of RTS Networks Group PLC ('RTS NetWorks' or
'the Company'), provider of next generation e- and m-
commerce solutions, is pleased to announce the following:
The company has been awarded an initial contract to
develop a mobile entertainment portal for iFone. The
value of the initial contract is £300k and will
principally benefit revenues in the first half of the
current year. Supported by games publisher Infogrames,
iFone develops game-based products and services for young
consumers. Online games, handset downloads, music,
streaming media, unified messaging and online locker
space will be available through the portal for both
groups and individuals. iFone also has a strategic
alliance with Terraplay Systems.
Morgan O'Rahilly, iFone's chief content officer,
commented: 'We chose RTS NetWorks for its proven
expertise in the development of successful wireless
applications. With RTS Networks as a partner, we believe
we can extend the scope and power of wireless
entertainment solutions and push the boundaries of
wireless entertainment in general.'
RTS NetWorks Chairman, Bernard Fisher, said: 'This
contract once again shows our ability to deliver complex
multi-channel solutions within tight timescales. We are
delighted to be working with iFone and look forward to
developing this relationship further over the coming
months and years.'
Additionally, the Board is pleased to report that the
Finnish Ministry of Finance has recently awarded the
Company a contract to build an on-line gateway to public
sector information in Finland. The initial contract is
valued at £160k and will benefit 2001 revenues.
For further information please contact
RTS Networks Group PLC 020 7749 5000
Bernard Fisher, Chairman
Shivaun Meehan, Communications Manager
Square Mile BSMG 020 7601 1000
Nick Oborne/Sally Lewis
About RTS NetWorks Group PLC
Trading as RTSe, the group provides next-generation fixed
and wireless Internet solutions. The company's special
skills are in the integration of advanced Internet and
wireless technology into tested business solutions.
References include successful WAP portal sites such as
Distractions (http://dlive.co.uk/) and Upmystreet.com
(http://wap.upmystreet.com/), which demonstrate RTSe's
skills in management of content and wireless
interactivity. The Distractions site was the winner at
the WAP Awards 2000 of the 'Best Use of WAP in a Consumer
Application' category. RTSe has also undertaken mobile
commerce projects for leading industry brands such as
Tesco in the UK, and entertainment applications,
including one for the Pori Jazz Festival. The company has
offices in the UK, Finland, France and the United States.
www.rtse.com
About iFone
iFone was set up in April 2000 to supply entertainment
content and services for existing and emerging wireless
and mobile devices. With wireless rights to the catalogue
of the world's third largest, and Europe's biggest video
games publisher, Infogrames, together with bespoke
formats of localised and personalised music programming
and original and syndicated lifestyle content, iFone is
well on target to become the definitive global wireless
entertainment provider for mobile network operators
everywhere.
www.ifone.com
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