Blue Systems secures distribution of market data application across four continents

12 August 2008

Blue Systems, a London-based provider of global financial information software, today announced that it has secured distribution agreements with Emitac Mobile Solutions, LLC. (EMS), G.I.T.NET and Winterbotham Information Systems Limited to provide blue mobileâ„¢, its real-time market data application for smart phones, to users across four continents.

The three agreements deliver blue mobile™ to end users in the Middle East and sub Saharan African markets via its partnership with EMS; to users in Russia and the Commonwealth of Independent States (CIS) countries in Eastern Europe through GIT.NET; and to Latin America and the Caribbean via Winterbotham’s business services operation in Montevideo, Uruguay and Nassau, Bahamas.

blue mobile™ provides professional and retail investors with the fastest, smartest way to analyse global stock market information in their offices, at home, or on the move, 24/7. The application is data hungry and runs only on the latest phones. Network operators are able to increase revenue from the adoption and upgrade of data tariffs and device manufacturers have a compelling and ‘sticky’ application with which to generate smart phone sales and upgrades.

Sulim Malook, CEO of Blue Systems, said: “We are delighted to be working with EMS, GIT.NET and Winterbotham, leaders in their respective markets. We recognise the mutual benefits of partnering and the value that blue mobile™ can bring to their customers.”

Nader Henein, Solutions & Architecture Manager at EMS, Research In Motion’s first strategic channel partner, based in Dubai, said: “We know the network operators we work with across the Middle East and Africa are hungry for applications which help them sell data and BlackBerry handsets. blue mobile™ is a great application for customers who need to view financial information in real-time, providing the perfect marriage between an industry that never sleeps and a technology that is always connected. We are very confident of demand for this service, particularly because it is keenly priced and customised for the Middle East’s financial sector.”

Shainoor Khoja, Senior Vice President, Blue Systems commented: "Partnering with G.I.T.NET to offer blue mobile™ to its clients is of great value to us both. G.I.T.NET’s network operator partners will benefit from sales of mobile broadband and Windows Mobile devices and so will its customers, who will be able to view real-time financial market data on their mobiles, in their own language, and at an affordable price. We are very excited about the opportunities.”

Geoffrey Hooper, President and Managing Director, Winterbotham, said: “Winterbotham prides itself on serving its clients with the very best products and solutions sourced from the international financial services sector. The sector in Latin America is growing rapidly and, as such, our clients must ensure they have cutting-edge, global market information at their fingertips. blue mobile™ provides this assurance of quality.”

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