Bet Shemesh, Israel, 6 November,
2003
eBIZ.mobility LTD has filed for patent
protection for its innovative
m-commerce
interoperability technology
that forms the basis of the M-Commerce Roaming Mediation
Gateway™. The patent filing represents a major
milestone in meeting the company's objectives.
The Patent Pending M-Commerce
Roaming Mediation Gateway™ is set to revolutionize
the industry for M-Commerce and Value Added Services.
It provides
seamless roaming to end users to perform mobile payment
transactions and to purchase data services across
international boundaries via mobile telephone networks
that employ different network, service, billing,
and payment systems.
With 1.22 Billion mobile phone
subscribers worldwide as of May 2003, according
to the GSM Association,
863 Million of whom are served by GSM networks; the
Tower Group projects 1 Billion macropayment transactions
(ticketing, remote internet, purchases) and 25 Billion
micropayment transactions (Multimedia Messaging Services,
digital content, gaming, Music MP3 downloads, parking
meters) by Year 2007 to be conducted via mobile phones.
Together with roaming that accounts for 10% of all
mobile traffic today according to Logica CMG, the
mobile payment market is at the beginning stage of
what BWCS estimates will become a $380 billion industry
by Year 2010. eBIZ.mobility's M-Commerce Roaming
Mediation Gateway™ eliminates inter-operator
commercial risk for this market on a real-time basis.
For more information contact:
Jeremy Kagan, CEO, eBIZ.mobility LTD
Telephone: +972-57-500-997
Fax: +972-2-999-4339
jeremy.kagan@ebizmobility.com
http://www.ebizmobility.com
Address:
15 Hashoshan Street
Nofei Aviv
Bet Shemesh 99590
Israel
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