RNS Number:5662Q
eServGlobal Limited
29 August 2005





eServGlobal Reports 33% Annual Revenue Growth and Announces Dividend

Key highlights:

  * Won convergent billing project at India's largest and fastest growing
    national mobile network, cementing eServGlobal's position as the leader for
    real-time billing control in large scale and high-growth mobile networks.
  * Achieved new OEM channel with world's largest messaging software supplier.
  * Revenue of $38.4 million, exceeding guidance of $37.6 million
  * Diluted EPS of $0.01
  * Dividend of $0.01 per share, fully franked
  * Fiscal 2005/2006 guidance: eServGlobal is confident of continuing growth
    in the FY05/06 year.

Sydney, Australia - 29 August, 2005 - eServGlobal Limited (ASX:ESV & LSE:ESG), a
specialised supplier of large-scale telecoms network software and services to
telecommunications carriers, today announced a profit after tax of $1.112
million for the year to 30 June 2005.  The company will pay a fully-franked
dividend of $0.01 per share.

Sales revenue for the year was $38.427 million, compared with $28.951 million in
the previous year, a growth of 32.7%.



Gross Profit performance was strong at 43.6% (39.5% in FY04).  This growth
reflects the continuing focus on quality revenue and predictable project
deliveries to customers around the world.



The results for the full year include a one-off non-recurring charge of $0.587
million, being the costs incurred in the London Stock Exchange AIM listing.



Mr Ian Buddery, Executive Chairman, said: "We are proud to have achieved an
outstanding result in FY05, producing strong revenue and profit growth.  The
growth was produced not only from our established customers, but also from major
new customers, bringing a corresponding increase in our long-term contracted
support revenue.  We thus enter FY06 with a large order book of recurring
revenue and a record pipeline of new opportunities.



 "We have made great progress with our partner strategy, developing new channels
to market.  We believe that this will be a key component of our growth in future
years, as we consolidate our position as the telecoms service-control supplier
of choice, for leading billing and messaging vendors.



"Last but not least, our listing on the London Stock Exchange AIM market has
been an outstanding success, with over 22% of shares now traded in London and
more than 200% share-price growth achieved.  We now believe that we have the
right platform for shareholder value and liquidity well into the future.

Sales Highlights

During the fiscal year, our results included the following significant events:

  * Established sales & support operation in India, to service the world's
    fastest growing mobile telephony market.
  * Delivered our first NGN deployment with a tier one carrier in Europe,
    establishing eServGlobal in the next generation networks and IP/VoIP fields.
  * Engaged in the CALA (Central and Latin Americas) market with major billing
    and infrastructure partners, first sales contract now in negotiation.

Financial Summary




About eServGlobal

eServGlobal Limited (ASX: ESV & LSE: ESG) provides independent and flexible
network intelligence systems to telecommunications carriers worldwide,
specialising in large-scale, high performance telecoms service control
environments, supporting voice and data services, for fixed-line, mobile and IP
carriers.



eServGlobal's solutions provide more capacity with more function, at lower cost
and enable customers to drive subscriber revenue whilst reducing the cost to
serve.



Headquartered in Sydney, Australia, eServGlobal has operations in Belgium,
India, Indonesia, the Netherlands, New Zealand, Poland and the UK.  More
information can be found at: http://www.eservglobal.com












Cautionary statements

Statements in this document expressing the beliefs and expectations of
management regarding future performance are "forward-looking statements" within
the meaning of the United States Private Securities Litigation Reform Act of
1995. These statements are based on management's expectations as of the date of
this document and are subject to uncertainty and changes in circumstances.
Actual results may differ materially from these expectations due to risks and
uncertainties including, but not limited to, uncertainty in communications
spending, the implementation of the Company's strategic repositioning and market
acceptance of the Company's new solutions strategy, six-monthly fluctuations in
financial results, the Company's ability to exploit fully the value of its
technology and its strategic partnerships and alliances, the availability of
products from product component vendors and other risks.  In addition, while
management may elect to update forward-looking statements at some point in the
future, management specifically disclaims any obligation to do so, even if its
estimates change. Any reference to our website in this press release is not
intended to incorporate the contents thereof into this press release or any
other public announcement.



Contact:
John Hartigan

Company Secretary & Chief Financial Officer

+61 2 9364 2700

info@eservglobal.com



29 August, 2005


Paste the following links into your web browser to download the PDF documents 
related to this announcement: 

ASX.LSE Market Release Final FY05 Announcement 29 Aug 2005
http://www.rns-pdf.londonstockexchange.com/rns/5662q_1-2005-8-30.pdf

Appendix4E_June 2005 for Release Final 29 Aug 2005
http://www.rns-pdf.londonstockexchange.com/rns/5662q_2-2005-8-30.pdf

ASX.LSE Chairmans Overview and CEOs Report (2) Final 29 August 2005
http://www.rns-pdf.londonstockexchange.com/rns/5662q_3-2005-8-30.pdf

StatAccounts_2005_v10 0_Final
http://www.rns-pdf.londonstockexchange.com/rns/5662q_4-2005-8-30.pdf

ASX LSE Analysts Presentation FY05 Results 29 Aug 05 (2)
http://www.rns-pdf.londonstockexchange.com/rns/5662q_5-2005-8-30.pdf


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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