Jerusalem, Israel, 20 June,
2004
eBIZ.mobility
LTD,
developers of the revolutionary M-Commerce Roaming
Mediation Gateway (RMG)™ that allows travelers
to perform mobile payment transactions and to purchase
data services across international boundaries is
pleased to announce that Mr. Avi Domoshevizki has
joined its Board of Directors as an Independent Director.
Avi is General Partner at Concord
Ventures which focuses
on the Data and Telecommunications
sector. Prior to joining Concord, Avi founded and
served as CEO of Seabridge Ltd., a leading hi-tech
company in the area of ATM/IP multi-service platforms
that was acquired by Newbridge and Siemens for
$75 million. Previously, he served as senior director
at ECI Telecom, where he was responsible for business
development, sales and marketing of ECI's access
and SDH activities which he built into a $multi-million
business.
Avi holds a B.Sc. in Electrical Engineering from
the Technion Institute of Technology and a M.Sc.
in Business Management from the Boston/Ben Gurion
Universities joint program.
eBIZ.mobility's M-Commerce Roaming
Mediation Gateway (RMG)™ provides a standards based
solution to the
interoperability and ease-of-use barriers faced by
travelers who wish to perform mobile payment transactions
and to purchase data services across international
boundaries.
By addressing the mobile telecommunication industry's
need for reliable authentication, application security,
and inter-operator roaming, network operators can
now expect to drive m-commerce services to widespread
adoption by both merchants and consumers.
With more than a billion GSM mobile phone subscribers
worldwide as of 22 February, 2004 (according to the
GSM Association), the Tower Group projects that by
2007, 1 billion macropayment transactions and 25
billion micropayment transactions will be conducted
via mobile phone annually. According to a leading
wireless telecommunications consultancy (BWCS, based
in the UK), the mobile payment market is at the beginning
stage of what is projected to become a $380 billion
industry by 2010. The European Telecommunication
Standards Institute reports that roaming (i.e. using
mobile phones across borders) accounts for 10% of
all mobile traffic.
eBIZ.mobility was founded in April 2003 by international
experts in telecommunications networks and operations,
and systems development. Since then the company has
consistently met its business targets and is on track
to deliver its
innovative solution to the marketplace as planned.
Based on SS7 signaling, the patent
pending system provides compatibility between mobile
network operators
that use different network, service, payment and
billing systems. It is significantly more secure,
reliable, and predictable than any other technology
available today.
For more information
contact:
Jeremy Kagan, CEO, eBIZ.mobility LTD
Telephone: +972-2-999-3881
Fax: +972-2-999-4339
jeremy.kagan@ebizmobility.com
http://www.ebizmobility.com
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