ESG Eservglobal Limited

RNS Number:9294R
eServGlobal Limited
29 September 2005




Sydney, Australia - 29 September 2005


eServGlobal Announces Plans to Acquire a Leading Provider of Value Added
Services Software for Telecommunications Carriers.

eServGlobal Limited (ASX: ESV and LSE: ESG), a worldwide supplier of independent
and flexible network intelligence systems, today announced that it is in
discussions that may lead to the acquisition by eServGlobal of a privately held,
leading worldwide provider of telecommunications value added services software
based in the European Union.

Key points:

* Deal would substantially increase the end-to-end breadth of the
  existing eServGlobal solutions.

* Expands eServGlobal's existing capabilities in the areas of network
  evolution, convergent charging and next generation messaging.

* Target company is already profitable, and is larger than eServGlobal.

* Brings over 60 telecommunications carrier customers in 40 countries,
  with no overlap with existing eServGlobal customers.

* As required by relevant local rules, eServGlobal has today applied for
  its shares to be suspended on the AIM Market of the London Stock Exchange.

* eServGlobal expects trading will continue without suspension on the
  Australian Stock Exchange.

* The acquisition is subject to, amongst other matters, further due
  diligence by eServGlobal on the target company, the negotiation and agreement 
  of a definitive purchase agreement, a successful placement of shares by 
  eServGlobal and eServGlobal shareholder approval. Notice of shareholder 
  meeting follows.

The target company provides leading software solutions complementary to the
eServGlobal focus areas of charging and messaging.  The move would allow
eServGlobal to provide a comprehensive suite of solutions in these areas for
telecommunications operators, aiding operators in the critical areas of
operational efficiency, technology migration, and improved network economics.

Considered by many to provide one of the most mature sets of solutions in its
technology area, the target company currently serves over 60 telecommunications
carriers in over 40 countries. Neither company today sells its products to the
other's customers, providing the possibility for eServGlobal to immediately
increase its worldwide market share and to speed growth through offering a
larger breadth of integrated solutions across the combined customer base.

The acquisition would represent a milestone for eServGlobal in an ongoing
commitment to listen and respond to its customers' business needs. By constantly
aligning its product offering with operator needs, eServGlobal ensures leading
operators maximise their return on investment with long-term cost of ownership
advantages.

The Company intends shortly to issue a further announcement in due course in
accordance with Schedule 4 to the London Stock Exchange AIM Rules in relation to
the proposed acquisition, and thereafter to prepare and send an admission
document to shareholders, at which point it is expected that the share
suspension on the London Stock Exchange AIM Market will cease.



About eServGlobal

eServGlobal Limited (ASX:ESV & LSE:ESG) delivers Better Network Intelligence.
eServGlobal specializes in independent and flexible network intelligence systems
so that enhanced telecoms services can be launched and individualized faster.



eServGlobal's systems are deployed in the networks of leading operators
worldwide and support over 200 million revenue-generating calls every day.



Headquartered in Sydney, Australia, eServGlobal has operations in Belgium,
Denmark, Germany, India, Indonesia, the Netherlands, New Zealand, Poland, Hong
Kong and the UK.



More information can be found at: http://www.eservglobal.com



Notice of Meeting follows.


Paste the following link into your web browser to download the PDF document 
related to this announcement: 


http://www.rns-pdf.londonstockexchange.com/rns/9294r_-2005-9-29.pdf
 




                                   ___END___


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