eCALYX ties up with 724 Solutions

NEW DELHI: 724 Solutions Inc., provider of secure mobile infrastructure
software, and eCALYX India Pvt. Ltd., provider of Internet, enterprise
integration and eBusiness tools, have signed an agreement for making 724
Solutions' advanced mobile transaction platform available in India for the first
time.

eCALYX will act as a reseller as well as implement 724 Solutions' security
solutions. As a reseller, eCALYX will integrate 724 Solutions' Wireless Internet
Platform into its eBusiness solutions for customers who wish to transact
business using the mobile Internet.

724 Solutions' Wireless Internet Platform enables content delivery to a
variety of mobile devices, including WAP enabled mobile phones, pagers and PDAs.
The platform offers the ability to generate and personalize content via
proactive messaging, content conversion and profile management tool, and
supports multiple protocols including WAP and SMS.

Other features include gateways for integration with back-end applications
and data sources. Talking about the reasons behind entering the security
solutions segment, eCALYX president Hari Iyer said, "We plan to take
advantage of the opportunities that have arisen in the m-commerce area due to
the opening up of the economy, privatization, etc. In future, we see a
phenomenal growth in this area. Our target customers would be banks and
financial institutions."

724 Solutions product marketing manager Reuben Brooks said, "Mobile
e-commerce is the fastest growing market and their solutions help in securing
financial transactions from different mobile devices. With India adding 160,000
mobile subscribers every month, the market for m-commerce is going to be huge.
Our company is very strong in the US and Europe and we hope to replicate the
success in India."

ECALYX, a wholly owned subsidiary of eCALYX Inc., USA, has an R&D center
in Chennai. This year, it plans to invest $4 million in R&D in India and is
targeting revenue of $ 1.5 million. An IPO is also on the cards in the next 18
months.