Reseller Agreement in India


 

TIDMVYKE 
 
RNS Number : 8834D 
Vyke Communications PLC 
10 December 2009 
 

Vyke Communications plc 
("Vyke" or "the Company") 
 
Vyke Agrees an Exclusive Partnership with O-Zone Networks for Mobile VoIP in 
India 
 
 Vyke today announces that it has signed an exclusive strategic 
partnership agreement with O-Zone Networks of India, whereby O-Zone will act as 
master reseller for Vyke's complete product range with a strong focus on Vyke 
Mobile for the private and business segment. 
This exclusive  partnership, which is for an initial period of ten years, with 
an option to extend it to twenty years, builds upon the component strengths of 
both Vyke and O-Zone by combining Vyke's leading paid mobile VoIP service and 
O-Zone's leading position as the Wi-Fi service provider in India. 
 
O-Zone 
Networks Pvt. Limited, which is headquartered in New Delhi and has 
representative offices in Bangalore and Mumbai, was founded with the aim of 
providing wireless internet and mobility solutions to the masses across India. 
O-Zone's business plan has been to build a wireless broadband entity that is a 
hybrid of owned, overlay and roaming networks across Tier 1 retail, commercial, 
leisure, hospitality, transportation and residential locations. The objective is 
to provide a fully integrated and seamless mobile broadband experience across 
all of these networks at affordable prices. Aligning with its core plan to be 
India's largest Wi-Fi Operator, O-Zone also provides its clients with value add 
services and solutions which use wireless broadband technology as the transport 
layer for high bandwidth applications and services. 
 
This exclusive and strategic partnership provides Vyke with access to 
O-Zone's loyal and growing base of wireless customer, and further, it provides 
O-Zone access to Vyke's Mobile VoIP product offering and adds a new and 
high-potential sales channel to its existing distribution structure. This also 
position Vyke to benefit from the high growth rate enjoyed by O-Zone's fast 
roll-out of open platform wireless broadband voice, text and community services 
across India. 
The first services are expected to be launched through O-Zone by the end of Q1, 
2010 based on a revenue and profit sharing model between the parties. Launch is 
not expected to add any significant cost to Vyke's existing and scalable 
infrastructure. 
Tommy Jensen, Executive Chairman of Vyke, commented: 
"Vyke is delighted to 
have formed this relationship. O-Zone provides a unique opportunity to access 
one of the fastest growing economies and wireless networks in the world. India's 
current base of  mobile subscribers is approaching 350 million and is expected 
to grow to over 1 billion in the future, which provides an exciting opportunity 
for Vyke's core competency of paid mobile VoIP services". 
 
 
Sanjeev (Bobby) Sarin, Founder and CEO of O-Zone, commented: 
"This agreement is fantastic news for O-Zone as it will allow us to utilize 
Vyke's unique mobile clients, billing platform and infrastructure to launch an 
integrated mobile VoIP solution within our rapidly growing network." 
 
 
 
=--- ends ---- 
 
 
For Vyke - For further information please contact: 
 
 
+----------+----------+--------------+ 
| Vyke Communications |              | 
| plc                 |              | 
+---------------------+--------------+ 
| Tommy Jensen,       | +44 (0)      | 
| Executive Chairman  | 20 7732 3666 | 
| Kim Berknov, CEO    |              | 
+---------------------+--------------+ 
|          |          |              | 
+----------+----------+--------------+ 
| Daniel Stewart      | +44          | 
|                     | (0)20        | 
|                     | 7776 6550    | 
+---------------------+--------------+ 
| Graham              |              | 
| Webster/Martin      |              | 
| Lampshire           |              | 
+---------------------+--------------+ 
|                                    | 
+------------------------------------+ 
| Threadneedle        | +44          | 
| Communications      | (0)20        | 
|                     | 7653 9850    | 
+---------------------+--------------+ 
| Graham Herring/Josh |              | 
| Royston             |              | 
+----------+----------+--------------+ 
 
 
For O-Zone - For further information please contact: 
+----------+----------+ 
| O-Zone   |          | 
| Networks |          | 
| Pvt.     |          | 
| Limited  |          | 
+----------+----------+ 
| Sanjeev  | +91      | 
| (Bobby)  | (9871)   | 
| Sarin    | 579 993  | 
+----------+----------+ 
|          |          | 
+----------+----------+ 
About O-Zone 
 
 O-Zone Networks offers sophisticated national wireless LAN 
coverage across India. O-Zone infrastructure is a multi-service provider 
platform, which allows providers such as ISPs, mobile operators, gaming, VOIP 
and broadband companies to offer a fully branded wireless LAN experience to 
their customers. With O-Zone, site owners maximise their revenue potential by 
supporting all major service providers at their location and customers enjoy 
choice of provider and the best possible user experience. 
The management team of O-Zone has extensive business experience and deep 
knowledge in telecom, network solutions and applications. Prior to O-Zone, they 
held management positions at various well-known companies including British 
Telecom, IBM, The Cloud, Merrill Lynch, Accenture and Cisco. 
O-Zone is privately held and backed by Access Industries based provider of 
mobile social networking and interactivity applications. 
For more information please visit  www.o-zone.in 
 
 
About VYKE 
 
 Vyke 
Communications plc is the leading mobile Voice over Internet Protocol ("VoIP") 
service provider and is headquartered in the UK with subsidiaries and offices in 
Norway, USA, Iceland and Malaysia. The strategic goal of Vyke is to combine its 
expertise in VoIP-based communication systems, mobile data service 
creation/handset technology and wholesale carrier network management to provide 
a converged communication solution. Vyke's current set of mobile-oriented 
products offers up to a 98% discount compared to current typical mobile operator 
pricing structures. 
 
 
 About VYKE MOBILE IP 
 
 Vyke Mobile IP is the 
leading mobile-oriented Voice over IP (VoIP) service offering users up to 98% 
discount compared to typical mobile operator pricing structures. One of the 
first mass market mobile VoIP services, launched in April of 2006, Vyke Mobile 
IP features mobile oriented sign-up steps, automatic configuration services and 
pricing. 
 
 
 About the VYKE product suite 
 
 The Vyke suite of 
communication products features advanced services providing users with low cost, 
mobile operator/fixed line provider independent ways of making voice calls and 
sending text messaging from the mobile phone, PC and internet. 
 
 Please 
visit www.vyke.com 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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