The launch took place yesterday of OnSpeed Mobile, an exciting new product from the AIM listed, Z Group plc. Following negotiations concluded earlier in the year, Cobalt has, for some months, been working closely in support of this significant milestone. Cobalt is responsible for providing all telephone payment transaction processing that is required in support of the new product.
Yesterday's launch to the UK and Irish markets will be closely followed by a further roll-out to both Germany and the United States during April. Continued expansion to other territories is planned to follow during Quarters 2 and 3 of 2006. All markets are planned to be supported by Cobalt. Z Groups share price rose by 3.5% on yesterday's news.
Notes to Editors - Z Group
Founded in 2002, Z GROUP is a successful, AIM listed London-based technology company which acquires, licences and develops technologies and profitably commercialises them. With over half a million customers to date, Z GROUP has four software business lines:
- ONSPEED Mobile: unique mobile phone acceleration software, which speeds up and optimises slow Internet connections and helps users control associated costs
- ONSPEED: the fastest Internet acceleration software on the market, which instantly enables any PC, Mac and Pocket PC user to browse and email at near Broadband speeds by using a 9-patented compression technology
- Net2Roam and NetAway: services that allow individuals and SMEs to obtain local Dial-up access numbers worldwide at rates below normal international rates
- Onbidder: a service that integrates into eBay, making a user's bid at the last second of an auction - giving the user the best chance to win their item at the best possible price.
For more information on the group, visit www.zgroupplc.com
|