Monday, November 19th, 2007 - m.Net Corporation

Mobile solutions company m.Net Corporation has taken the number 5 spot in the 2007 Deloitte Technology Fast 50, the only South Australian company to make the prestigious league table.
The win reflects the rapid uptake of mobile solutions and is based on the company's commercial revenues increasing by a phenomenal 1091 percent between 2004 and 2007.
m.Net Chief Financial Officer and Deputy CEO Barry Porter says m.Net has always been ahead of the mobile curve.
"The commercial success we're enjoying now is because mobile demand has caught up with our thinking," Mr Porter says.
"We have been concentrating on advanced mobile solutions for nearly six years and we've been waiting for the market to a catch up. We now believe we're the most successful mobile services company in the country."
Now in its seventh year in Australia, the Deloitte Technology Fast 50 program ranks the 50 fastest growing technology companies, public or private, based on percentage revenue growth over three years (2005-2007).
Deloitte Technology, Media and Telecommunications (TMT) partner Julia Bickerstaff noted that this year the fastest growing companies in the Deloitte Technology Fast 50 were mobile content and wireless service companies.
"For the third consecutive year internet based companies dominated the field, with 44% of the Fast 50 engaged in internet based businesses. This is a significant jump, up 10% on 2006 results," she said.
Founded in 2001, m.Net pioneered mobile marketing in Australia, building a 3G test-bed network in Adelaide before the advent of commercial services and conducting ground-breaking research to predict the uptake of new mobile services by consumers.
Today, m.Net provides mobile marketing solutions for media clients such as Yahoo!7, Pacific Magazines and Austereo. m.Net's mobile marketing platform is used by brands such as Nokia and Lion Nathan to reach their audiences on the move
The company also provides voting and promotions solutions for 7's Dancing with the Stars and infrastructure, content and market research for Telstra's Caller Tones personalised ringback tone service.
Mr Porter said that the company, which is headquartered in Adelaide with offices in Sydney and London, is always on the lookout for fresh talent to drive innovation for global products.
"Our focus is on consolidating in the Australian market and looking at mobile opportunities worldwide," he said.
"We have a talented team, a strong board and supportive shareholders, and we are all looking to a very bright future. Mobile has come of age and we are more than ready to compete on an international scale."
The Deloitte press release is available at: http://www.deloitte.com/dtt/press_release/0,1014,cid%253D179529,00.htm l

Contact Profile

Leila Henderson, Senior Media Consultant

P: 0414697071
W: www.mnetcorporation.com

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Demand for mobile solutions drives m.Net Corporation to top 5 place in Deloitte Tech Fast 50

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