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- Mobile Billing and payments innovator to speak at World Telemedia 2005 -

Tom Uhart, managing partner at Nimbus Systems, the billing software and mobile payments company, will highlight the need for global operators to focus on cultivating relationships with content providers in a presentation to delegates at this year’s World Telemedia Expo and Conference.

On Wednesday 20 April, Uhart will address an audience on the theme of ‘Settling Mobile Content Profitably’. During his speech, he will advise on the shift in the balance of power between operators and content providers.

Uhart believes that quality of content is king, and that as standards emerge content providers will also need more sophisticated settlement capabilities to reconcile with operators. He comments:

“Historically, content providers have needed to rely upon operators’ billing systems to reconcile revenue share agreements. I do not believe this to be sustainable in the medium term – emerging content reconciliation standards will place operators and providers on a more equal footing. This will, in turn, enable content providers and aggregators to calculate and bill their own revenue-shares.

“The growth in mobile content creates a win-win situation for content providers and operators alike. Each must ensure that they continue to cultivate the relationships they already developed, and operate using best-of-breed billing technology.”

Nimbus Systems announced its expansion into northern Europe in January 2005. The company offers billing, settlement, mobile payment and business intelligence solutions to the telecommunications, financial services and utilities markets.

Customers include Amena (Spain’s third largest GSM mobile operator), Vodafone Spain and First Data, the world’s leading transaction credit and loyalty card infrastructure company.

- ends -

Notes to editors

About Nimbus Systems:
Nimbus Systems is a leading European software and services company, focused on segmented billing, settlement, mobile payments and business intelligence solutions. The company’s mission is to adapt to the new business challenges faced by telecom, financial services and utilities companies.

Nimbus Systems develops its own software, and its carrier-class products have attracted a significant tier-one customer base across Europe, including Vodafone Spain and Amena.

A privately owned company formed in July 2001, Nimbus Systems is headquartered in Madrid, Spain. The company – already profitable – has witnessed 50% year-on-year revenue growth since inception.

Nimbus was nominated a double finalist in the Billing Awards 2005.

For more details please visit: www.nimbussys.com

For more information please contact:
Katrina Walker/Jill Benedict
Nimbuspr@spreckley.co.uk
Tel: +44 207 388 9988

Published on: 12:00AM on 19th April 2005