BIRD Funding Update

RNS Number : 2478J
Messaging International Plc
01 April 2015
 

Messaging International Plc / Market: AIM / Epic: MES / Sector: Technology

 

Messaging International Plc ('the Company')

BIRD funding update

 

Messaging International Plc, the AIM traded company and provider of converged messaging products and services announces that, following a long process carried out with an operator partner, the Company informed the BIRD Foundation that it will not pursue the "Secure RCS Messaging" project as announced on 22 July 2014.  As announced, the conditional grant funding of $900k, out of which TeleMessage could have received 70%, was for R&D of a secure RCS Messaging solution. The project was planned to begin in 2014 until late 2015.  The Company has adjusted its expenses to partially overcome this change of plan.

 

 

 

 

 

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For further information visit www.telemessage.com or contact:

Guy Levit

Messaging International Plc

Tel: + 972 3 9225252

Mark Percy

Cantor Fitzgerald Europe

Tel: +44 (0) 20 7894 7000

Catherine Leftley

Cantor Fitzgerald Europe

Tel: +44 (0) 20 7894 7000




 

Notes to Editors

About Messaging International Plc

Messaging International Plc joined AIM in August 2005.  Its 100% owned subsidiary, TeleMessage Ltd (www.telemessage.com), delivers smart and secure messaging seamlessly over any communication device. Designed specifically for mobile operators and enterprises, the enterprise and VAS consumer solutions intelligently and seamlessly handle text, voice, data, and multimedia messages as well as IP messaging via Smartphone push notifications or RCS over mobiles, tablets, the web, Office, APIs and IT infrastructure.  The Company has a number of contracts with major blue chip companies including Sprint, one of the largest wireless providers in the US, Rogers Wireless, the largest wireless provider in Canada, and many more.

 


This information is provided by RNS
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