- Published: 29 April 2009
- Written by Bettina
Vyke Communications plc (“Vyke” or “the Company") Vyke signs agreement with U2-Soft for Middle Eastern and African distribution Vyke Communications plc (AIM: VYKE) announces that it has signed an agreement with U2- Soft for large scale distribution of the Vyke product suite across the Middle East and Africa. U2-Soft is partially owned by i2 Group, a leading mobile phone distributor with more than 19,000 points of sale in the Middle East and Africa. U2-Soft has an exclusive agreement with i2 Group for the distribution of mobile content and software, and Vyke will leverage this strong sales channel to enable rapid expansion across the region. The Vyke product suite will be sold over-the-counter or pre-installed on handsets distributed by U2-Soft.
In 2008, the i2 Group distributed more than 15 million Nokia handsets in some 22 countries across the MEA region. This agreement underlines Vyke’s strength in the Middle East and Africa. As these markets mature to VoIP products and commercialisation on a more local level, Vyke is ideally placed to become the leading provider of VoIP products and services in the region. Kim Berknov, CEO, commented: "This agreement provides us with a unique opportunity to strengthen our distribution network in Middle East and Africa and I am confident that the take up of our leading range of mobile VoIP products will be accelerated through market leading distribution partners such as U2-Soft and i2 Group”. For further information contact:
Vyke Communications plc
Tommy Jensen, Executive Chairman Kim Berknov, Chief Executive +44 (0) 20 7732 3666 Daniel Stewart & Co Graham Webster/Simon Starr +44 (0) 20 7776 6550 Threadneedle Communications
Graham Herring/Josh Royston +44 (0) 20 7653 9850
About VYKE
Vyke Communications plc is the leading mobile Voice over Internet Protocol ("VoIP") service provider and is headquartered in the UK with subsidiaries and offices in Norway, USA, Iceland and Malaysia. The strategic goal of Vyke is to combine its expertise in VoIP-based communication systems, mobile data service creation/handset technology and wholesale carrier network management to provide a converged communication solution. Vyke's current set of mobile-oriented products offers up to a 95% discount compared to current typical mobile operator pricing structures. About VYKE MOBILE VOIP
Vyke Mobile VoIP is the leading mobile-oriented Voice over IP (VoIP) service offering users up to 95% discount compared to typical mobile operator pricing structures. One of the first mass market mobile VoIP services, launched in April of 2006, Vyke Mobile VoIP features mobile-oriented sign-up steps, automatic configuration services and pricing.
About the VYKE product suite
The Vyke suite of communication products features advanced services providing users with low cost, mobile operator/fixed line provider independent ways of making voice calls and sending text messaging from the mobile phone, PC and internet. About the U2-Soft & i2 Group U2-Soft offers mobile content providers and mobile accessory manufacturers access to all the major markets in the Middle East and African (MEA) region and provides access to more than 200 million customers powered by an impressive distribution network and by bundling mobile content with millions of phones annually U2-Soft can help business’ gain unrivalled access to the vast emerging markets within the MEA region. U2-Soft holds an exclusive mobile software distribution agreement to the Dubai operated i2 Group that allow U2-Soft to deliver mobile content preinstalled, or bundled with the majority of phones distributed by i2 Group. i2 Group is currently present in 22 countries throughout the region and has 19,000 points of sale in addition to is own substantial number of stores.