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eCALYX ties up with 724 Solutions

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CIOL Bureau
New Update

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.

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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.

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