Intersec Announces Impressive Financial Results as Revenue Doubles Year-on-Year

      Intersec Announces Impressive Financial Results as Revenue Doubles
                                 Year-on-Year

PR Newswire

PARIS, April 24, 2013

PARIS, April 24, 2013 /PRNewswire/ --

New plans announced for offices in Middle East, Africa and Asia Pacific
Regions

Intersec, the leading provider of innovative services platforms for telecom
operators, announced today impressive growth figures based on a continuing
strong market demand for its IGLOO Big Data Monetisation and Location-Based
Services, Loyalty Management Solution (LMS), Messaging and Alerting platforms.
The company announced a year- on-year doubling of revenues to €8.5M turnover,
with 95 per cent of revenue coming from outside of its home country France.

The company, which was founded in 2004 has then undergone seven years of
profitability and has experienced growth both in the advanced European telecom
markets and some of the most competitive emerging markets in the world,
notably in Africa, where it now has deployments in 25 countries. 

Headquartered in Paris, Intersec has opened regional offices in Russia for the
CIS region, in Germany for DACH, in Brazil for Latin America and in Canada for
North America. Its telecom clients are Tier-One operators in the top Telecom
groups in the world including Orange, Telefonica, MTS and Maroc Telecom and
hundreds of million subscribers around the globe today benefit from Intersec's
technology. Intersec also partners with majors players such as Alcatel-Lucent,
Ericsson and Nokia Siemens Networks through OEM and channel agreements.

The company now employs over 80 professionals with more than 40 of these
focused on the ongoing development of its high-performance proprietary service
platforms, which are custom-designed to secure operators' traditional revenue,
optimise resources and unlock new revenue streams. The company has been
endorsed by leading industry analyst firms, including Gartner and Berg
Insight, as one of the key players in Location Based Advertising and Location
Based Marketing in its industry reports and it has been recognised in the
prestigious Red Herring Top 100 and Deloitte Fast 500 EMEA companies. 

Commenting on the future, CEO Yann Chevalier said, "We are looking forward to
another storming year ahead with plans to open an office in Dubai, Singapore
and Western Africa in the coming year. The continued success of the company
relies on our unique technology. It addresses and surpasses the needs of our
large telecom customers who want to use their large amounts of data in real
time to increase their own revenue."

Jérôme Faul, Director with VC firm Innovacom, added, "Intersec's growth has
surpassed our expectations. In a few years it has established an excellent
reputation amongst many of the world's leading operators and delivered
continued profitability with all the signs for a promising future ahead."

ABOUT INTERSEC

http://www.intersec.com

Media Contacts:

Intersec
Charlotte Loubet
Marketing Director
charlotte.loubet@intersec.com
+33-1-55-70-33-56

éclat Marketing for Intersec
Kim Smith/Dave Wedderburn
intersec@eclat.co.uk
+44-1276-486000

SOURCE Intersec
 
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