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Techstep ASA — Regulatory Filings 2010
Aug 13, 2010
3770_rns_2010-08-13_e95f7b09-bda7-433b-bc10-fe0cd82effc5.pdf
Regulatory Filings
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birdstep TECHNOLOGY
Oslo Stock Exchange filing
Birdstep signs EasyConnect Advanced agreement with Virgin Media
(Oslo, August 13, 2010) Birdstep Technology ASA has signed an agreement for EasyConnect Advance with Virgin Media.
Birdstep Technology, a leading provider of wireless connectivity and security software, has signed an agreement for EasyConnect Advanced with Virgin Media for its mobile broadband product in the UK. Birdstep estimates the revenue to amount to 2 million NOK in 24 months. With almost 10 million customers, Virgin Media is the UK's first quad-play provider of broadband, TV, phone and mobile services.
EasyConnect Advanced will be customized for Virgin Media, pre-installed on USB mobile broadband devices for pre-paid solutions and sold through Virgin Media's direct and indirect sales channel.
EasyConnect Advanced is an advanced and customizable connection management software solution for installation on USB devices, providing users with an improved mobile broadband user experience.
Virgin Media is one of the largest residential broadband providers in the UK. With around four million fibre optic cable broadband subscribers, combined with a high speed ADSL service and mobile broadband products, Virgin Media is able to offer broadband services throughout the UK.
Birdstep has amended its IR policy regarding contract awards in EasyConnect and will, to the extent possible, provide an estimate on contract value.
Please see full text at http://www.birdstep.com/upload/Docs/Birdstep_IR_Policy_2010.pdf.
For further information, please contact:
Torbjörn Sandberg
CEO and President of Birdstep Technology ASA
+46 70 5170964
[email protected]
Alex Gundersen
CFO of Birdstep Technology ASA
+47 41 474107
[email protected]
About Birdstep
Birdstep Technology ASA is a leading provider of secure and seamless wireless connectivity software for operators, enterprises and mobile device manufacturers. EasyConnect offers advanced connection and service management solutions for network operators and laptop manufacturers. SafeMove is a mobile VPN solution providing seamless and secure connectivity to business data for corporations and governments. Orbyte allows network operators to rapidly deploy and manage large networks with advanced features,
Birdstep Technology was founded in 1996 and is since 2002 listed on the Oslo Stock Exchange under the ticker "BIRD". The company has 100 employees and is headquartered in Oslo, Norway, with competence centres in Sweden, Finland, UK and the United States. For more information, visit www.birdstep.com.