First half 87% revenue growth

RNS Number:6256Y
eServGlobal Limited
20 February 2006

LSE:ASX/MEDIA RELEASE                                          20 FEBRUARY, 2006

                    eServGlobal achieves 87% revenue growth.



eServGlobal Limited (ASX:ESV & LSE:ESG), a worldwide supplier of
telecommunications Value Added Services solutions for Messaging and Charging,
today announced its results for the six months ending 31 December 2005.

Sales revenue for the first half was $32.711 million, compared with $17.446
million for the previous corresponding period, representing growth of 87%.


Results for the six months to 31       6 months to     6 months to     6 months to
December 2005                          31 Dec 2005    31 Dec 2004 -   31 Dec 2004 -
                                                        post IFRS     as originally
                                                       adjustments      reported
Sales Revenue                                 32,711          17,446          17,446
Cost of Sales                                 21,671           9,620           9,620
Gross Profit                                  11,040           7,826           7,826
Other Revenue                                    193             223             223
Sales & Marketing Costs                        4,747           3,213           3,213
Administration Costs (incl forex)              4,796           3,062           2,949
EBITDA (before non-recurring)                  1,690           1,774           1,887
Non-recurring charges                                            587             587
EBITDA                                         1,690           1,187           1,300
Depreciation                                     737             399             399
Amortisation                                       0               0             786
EBIT                                             953             788             115
Interest Expense                                  57               1               1
Profit before Tax                                896             787             114
Tax Expense / (Benefit)                          719             474              83
Profit after Tax, before minority                177             313              31
interest
Less minority interest                          (15)               0
Profit attributable to members                   192             313              31



Net Cash reserves at the half year were $9.650 million ($10.719million at 31
Dec, 2004).  Net assets increased to $107.644 million ($47.995million at 31 Dec,
2004, under AIFRS).

Mr Ian Buddery, Executive Chairman, said: "The first half result for the new
eServGlobal Group has demonstrated the value of the Ferma acquisition, with a
revenue contribution of A$17.302 million in the two months since purchase
completion on 1 November, 2005.  The original eServGlobal operation achieved
revenue of $15.409 Million, down 12% from the corresponding period last year.
This result included the deferral of revenue from one major customer, for a
project now forecast to be recognised in the second half, which will
significantly improve the full year profit result."

"We are making rapid progress with the integration of our operations and in
realising the synergy and growth opportunities from within the business.  At the
same time, we are winning major new projects and increasing our engagement with
the key equipment and services providers in our industry."

Outlook

eServGlobal is confident of continuing growth in technology investment in the
international telecommunications industry.

Mr Buddery said: "We have commenced the second half with a focus on the delivery
of existing projects and finalising new contracts. Our customers around the
world have aggressive plans for subscriber and revenue growth, which gives us
confidence in our ability to maintain our growth into 2007."



About eServGlobal

eServGlobal (LSE:ESG & ASX:ESV) specializes in enhanced multimedia communication
services and real-time multi-network control solutions. Our systems enable
Service Providers to maximize today's proven revenue streams whilst ensuring
service continuity and new revenue opportunities when evolving to next
generation networks.



eServGlobal solutions are designed for use in all types of networks from fixed
to mobile to NGN/IMS. eServGlobal provides cost-effective and reliable
multimedia messaging delivery from voice to video mail; from SMS routing,
antispam control and value-added services to instant messaging and presence
services. eServGlobal delivers the most advanced prepaid top-up methods and
real-time rating, enabling innovative marketing and prepaid-postpaid
convergence.



eServGlobal has operations worldwide. More than 75 Service Providers in over 50
countries are taking advantage of our advanced solutions and multi-network
expertise to successfully address their business challenges.

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



For further information, please contact:

media@eservglobal.com

Ian Buddery, Executive Chairman, Tel. +61 2 9364 2700


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