AePona, Appium Merge

BELFAST, U.K. -- Aepona, a global provider of telecoms software products and services headquartered in Belfast, United Kingdom and Appium, a leading technology vendor offering Telecom Application Server and Service Creation Environment products based in Malmö, Sweden, today announced that they will merge to create the world’s leading independent vendor for the Telecom Service Layer.

The merger will create a single business, operating under the Aepona identity, with the product breadth and operational scale to expand its share of the global Service Delivery Platform market, which is worth $1.4Bn in 2007 and is forecast to reach $3.2Bn by 2011, according to the analyst firm OSS Observer. The merged company will be headquartered in Belfast with the Malmö facility continuing to serve as a development centre and regional sales office.

“There are a number of compelling reasons behind the decision to combine the strengths of Aepona and Appium” said Gilbert Little, Chairman of Aepona’s Board of Directors. “Service Providers globally are set to invest heavily in this segment to satisfy the demand for rich, converged consumer and enterprise services. The two companies have complementary products, customers and channels to market, and the combined entity has the scale, intellectual assets and sales and marketing fire-power to fully capitalise on this exciting market opportunity.”

Aepona Ltd.

Appium AB