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Company Backgrounder ®

Overview
724 Solutions delivers market leading IP-based solutions for Mobile Internet, Mobile Broadband
and IP Messaging built upon an intelligent, scalable, extensible architecture that allows mobile
operators and converged service providers to significantly grow revenues. The company’s
solutions leverage a state-of-the-art decision making capability to tailor the network resources
and the services provided, enabling subscribers to experience the All-Ways Connected Lifestyle,
724’s vision of seamless access and communication without barriers; a vision of how subscribers
will use data services to enhance and enrich their professional and private lives with access
to services from any device at all times. 724 Solutions is a global company headquartered in
Santa Barbara, California with development centers in Switzerland and India. 724 Solutions is
privately owned by Austin Ventures. For more information, please visit www.724.com.

Solutions
Seamless Access Solution is an intelligent Seamless Messaging Multimedia Bridge
converged mobile data traffic management extends the reach of multimedia messaging
solution designed to support next generation into IP/IMS-based domains. Multimedia
mobile internet and mobile broadband services Bridge utilizes the existing device clients
by incorporating intelligent decision making (no specialized client required) to extend
and features that allow mobile operators to the reach of MMS to subscribers in a
dramatically alter the network economics while personalized way and enables mobile
offering innovative, flexible and sophisticated operators to realize the full potential of next
services within the new converged mobile generation IP multimedia services.
market environment.
Customers
Seamless Messaging MMS Edition is a Leading mobile network operators and
single comprehensive, next generation infrastructure vendors are customers of 724
MMSC, optimized for all of a mobile operator’s Solutions, including: ALLTEL, AT&T, Celcom
MMS services: person-to-person messaging, Malaysia, China Mobile, China Telecom,
person-to-application (P2A) messaging and DiGi Telecommunications, DNA Finland,
rich and fresh subscription-based services Elisa (Finland & Estonia), Globe, Helio,
(A2P). MMS Edition leverages the world of Nokia Siemens Networks, Proximus, Sprint
multimedia applications and rich content Nextel, Swisscom, Telcordia Technologies,
to drive new application-based multimedia Telefonica Spain, Vodafone Czech Republic,
messaging revenue. Vodafone Ireland, Vodafone Italy, Vodafone
New Zealand and Vodafone UK.
Company Backgrounder ®

Management Team About Austin Ventures


John Sims, Chief Executive Officer A u s t i n V e n t u r e s ( “ AV ” ) h a s w o r k e d w i t h
Stephen Morrison, Chief Financial Officer talented entrepreneurs to build valuable
Ian Pattison, Chief Technology Officer companies for nearly 25 years. With $3.9
Rich Conlon, Vice President, Sales North b i l l i o n u n d e r m a n a g e m e n t , AV i s t h e
America, Asia Pacific and China most active venture capital and growth
Matt Dunnett, Vice President, Sales Europe e q u i t y f i r m i n Te x a s a n d o n e o f t h e
Farooq Ali, Vice President, Product Management most established in the nation. With an
Alan Prenoveau, Senior Vice President, MNO investment focus on business services
Consulting and Delivery and supply chain, financial services,
Elda Rudd, Vice President, Corporate Marketing media and information services,
s o f t w a r e , a n d Te x a s s p e c i a l s i t u a t i o n s ,
Partners AV i n v e s t s a t a l l s t a g e s o f c o m p a n y
Leading technology and systems integrator development, from $100,000 “planned
c o m p a n i e s c omplement 724 Solutions’ experiments” in early stage ideas to
t e a m : A t o s Origin, Cisco, Commtouch, $100+ million investments in expansion
E r i c s s o n , H e wlett Packard (HP), InfoGin, rounds, minority recapitalizations, and
I n t e g r i t y, K a s persky Lab, Nokia Siemens buyouts of lower middle market growth
Net w o r k s , O p e n mi n d , Terab yte S ol utions , c o m p a n i e s . AV ’s s t r a t e g y i s t o p a r t n e r w i t h
X o r i a n t , Y T X T. talented executives and entrepreneurs
through its CEO-in-Residence and
E n t r e p r e n e u r- i n - R e s i d e n c e p r o g r a m s .
Visit austinventures.com for more
Press Contact Headquarters information.
Kelly Lazarus 724 Solutions, Inc.
+1-805-884-8306 3916 State Street, Suite 200
klazarus@724.com Santa Barbara, CA 93105
United States
+1 805 884 8308

Sales Asia Pacific Sales China Sales EMEA Sales North America
Level 21, 201 Miller Street Suite 1604-1605, 16/F, Thames Court 3916 State Street,
North Sydney NSW 2060 B & W Plaza 1 Victoria Street Suite 200
Australia 28 Xuan Hua Road Windsor,Berks, Santa Barbara, CA 93105
+61 2 9475 0288 Shanghai, China 200050 RG7 4TY United Kingdom United States
salesASIA@724.com +86 21 3250 5724 +44 1753 626 682 +1 408 884 3777
salesCHINA@724.com salesEMEA@724.com salesNA@724.com

FS-Corporate Backgrounder-10-09-007

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