Numo enters the Saudi Arabian mobile application market

Oslo, Norway – December, 6th, 2010 – Numo, one of the most innovative mobile application company’s in Scandinavia, today announces a big win into the Middle East market signing with Saudi Telecom Corporation, Saudi Chamber of Commerce and Saudi Post. The contract has an estimated value of NOK 64 million.

Saudi Telecom Corporation is the leading mobile operator in the Middle East region with more than 100 million subscribers.

-                        “We are excited to enter this big market with our award winning directory services product. Sales target is 500.000 users. This gives Saudi Telecom Corporation a unique opportunity to increase their revenue stream and ARPU, as end users enhance their use of smart phones. This is one of our largest contract’s won in 2010, and it represents a significant boost for the company”, says Trond Ingebretsen, CEO in Numo Solutions.

The Numo Finder directory services include an interactive phonebook for subscribers with access to regionalized company telephone numbers, addresses including dynamic guidance with Location Based Services, and Mobile Advertisement. The service also offers subscribers a search for mobile numbers, names, or places, on the go. With its unique Caller ID technology, users can instantly See Who Is Calling on unknown calls.

Numo has more than 3 million subscribers globally.

-                        “The megatrend of rapid increase in mobile smart phone users, opens up this marketplace for Numo, and as distribution of mobile applications has become significant easier and more cost effective with the introduction of app stores, we look forward to offer our product suite in the Middle East marketplace”, says Rudi Rørstad, CMO and co-founder of Numo.

For more information, please contact
CEO Trond Ingebretsen: +47 9825 6001, trond@numosolutions.com
CMO Rudi Rørstad: +47 4820 3030, rudi@numosolutions.com