BWI: Flytxt Expands Operations to South Africa

Press release from Business Wire India
Source: Flytxt
Tuesday, June 23, 2009 04:58 PM IST (11:28 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
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Flytxt Expands Operations to South Africa
Technology Leader in Mobile Marketing 2.0 Expands Global Footprint

Cape Town, South Africa and New Delhi, Delhi, India, Tuesday, June 23, 2009 -- (Business Wire India) -- Flytxt (www.flytxt.com), a leading mobile marketing platform provider, has announced plans to expand its business focus and presence to South Africa. "South Africa is one of the most vibrant markets, and has been a hotbed of mobile innovation and technology. We are excited to be here and offer our mobile marketing technology to mobile operators and other large enterprises," said David Harper, Chairman of Flytxt, who is in Cape Town to attend the company's board meeting. Flytxt has its development center in India and offices in Germany and UK as well other than South Africa.

Flytxt has played a leading role in the evolution of mobile marketing industry since 2000. It created many successful mobile marketing projects for operators including Orange Wednesdays, the longest-running and most successful mobile loyalty program in the world. In 2007 the company established its mobile marketing technology business and launched Neon, a fully integrated carrier class mobile marketing platform.

Neon is deployed with many operators and large enterprises including Reliance Communication, the second largest Indian mobile operator with over 70 million subscribers across CDMA and GSM networks. Mobile is unlike any other marketing channel in terms of its immediacy and intimacy. With Neon's patent pending technology marketers and advertisers can engage with subscribers in a truly conversational mode. Conversational marketing is only possible when mobile's unique attributes are matched with a platform that enables operators to respond to subscriber's messages in a personal and timely manner. Live data feeds, real time communication delivery, on the fly tracking and micro segmentation are all necessary ingredients of conversational marketing. This will help operators optimise Voice and VAS revenues, subscriber loyalty and advertising revenue.

Company sources indicated that discussions are already underway with leading mobile operators in South Africa. Expressing confidence in a successful entry into the market Dr. Vinod V Vasudevan, Group CEO of Flytxt, commented that "As we have already seen with our clients, Neon gives marketers a unique opportunity to stay tuned to the actions of their subscribers, and respond to them immediately with relevant offers and information. This transforms the way mobile marketing is done."

As part of its expansion plans, the company has entered into a partnership with Azu Technology Advisors, which has 20 years of experience in the ICT sector. Commenting on the relationship, Mr. Benjamin Buckingham, Director of Azu commented that "We are happy to partner with Flytxt. We see great potential for Neon in South Africa and beyond especially given high proportion of anonymous prepaid subscribers."

About Flytxt

Flytxt is the technology leader in Mobile Marketing 2.0. Neon, the carrier-class integrated mobile marketing platform from Flytxt enables mobile operators and service providers to unlock the huge potential of mobile as a Direct Conversational Marketing channel. Flytxt, a founding member of Mobile Marketing Association, pioneered mobile marketing agency business with many successful projects like Orange Wednesdays and Cadbury Txt 'n' Win. In 2007, the company sold its agency business and launched the technology platform business. Flytxt is led by mobile marketing experts with over 9 years of experience and enjoys the patronage of global Investors- Clifton Holdings Inc, IVC Venture Capital AG and Jetzthaus Grundstuecksverwaltungs GmbH. The company has offices in India, Germany, UK and South Africa.


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KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY

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