Mobilocity:
Siemens Business Services and Mobilocity Sign Preferred Partnership To Help Companies Implement Mobile Business Strategies MUNICH, Germany & NEW YORK, Aug 21, 2000 (BUSINESS WIRE) --
Clients to benefit from the alliance's combined expertise in m-business strategy and wireless Internet technologies
Siemens Business Services (SBS), one of the world's leading providers of end-to-end e-business solutions, and Mobilocity, Inc., a leading builder of mobile Internet businesses, today announced that they have entered into a preferred partnership in the mobile business market segment. As part of the relationship, SBS Ventures is making an undisclosed strategic investment in Mobilocity.
The SBS and Mobilocity partnership will help their clients to understand the m-business opportunity and implement wireless services and applications. Specific services that the partnership will provide include strategic consulting, systems integration, ERP interfacing, WAP application development, hosting, systems outsourcing, and call center, network and WAP gateway operating.
"We wanted a strong, dynamic partner with whom we could rapidly grow our booming international m-business project base," said Paul Gambaccini, Director Mobile Banking at SBS. "Mobilocity's leading-edge mobile strategies combined with its world-class management team made the company our first-choice partner."
SBS and Mobilocity will work in tandem on joint business development and marketing activities, sharing of project responsibilities, training, research and development, and customer support. The portfolio of m-business services will be made available to the clients of each company immediately. In addition to providing the services to existing customers, SBS and Mobilocity are initiating a strong push into a variety of industry verticals, including financial services and travel.
"Our partnership with SBS extends the Mobilocity strategy to a large base of new clients worldwide," said Omar Javaid, Chief Executive Officer of Mobilocity. "By combining our resources, we are poised to bring the most innovative collection of wireless services to the global market."
About Siemens Business Services (SBS)
Siemens Business Services (SBS) is one of the world's leading providers in the area of electronic business. With its comprehensive know-how and specific sector knowledge, SBS offers solutions and services from a single source - from consulting through system integration to responsibility for the customers' entire business processes, and management of IT infrastructures. SBS is part of Information and Communications (I and C), a business segment of Siemens AG. Siemens is a global powerhouse in electrical engineering and electronics with more than EUR 70 billion in sales. I and C consists of the three groups Networks (52,000 employees, EUR 9.9 billion sales), Mobile (20,000 employees, EUR 5 billion sales) and SBS (34,000 employees, EUR 5 billion sales). For further information, visit the company's Web site at sbs.siemens.com
About Mobilocity, Inc.
Mobilocity, Inc. is a leading builder of mobile businesses. The company, based in New York City, provides m-business strategic consulting and implementation services and is differentiated by its vendor- and platform-neutral approach. As the m-business thought leader, Mobilocity is committed to helping its clients grasp and capture the rapidly emerging opportunities in the mobile Internet space. Mobilocity's clients include Global 1000 corporations, leading dot coms and next-generation mobile Internet startups. Mobilocity promotes open industry standards and is a member of the WAP Forum. The company's backers include Siemens, J.P. Morgan, LCC International, Cambridge Samsung Partners, and Comdisco Ventures. For further information, visit the company's Web site at mobilocity.net
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