Teleunit S.P.A.

August 10, 2005 03:11 ET

Teleunit increases subscribers by 50% in its 5 digit SMS division

LONDON, UNITED KINGDOM--(CCNMatthews - Aug. 10, 2005) - Teleunit S.p.A, (AIM:TLU) the provider of fixed line telephony, wireless broadband, international calling cards, and premium access number phone products throughout Italy, is pleased to give the following update on progress in its 5 digit SMS division.

Since the Company last updated shareholders on the 5 digit SMS division on 8 June 2005, the number of subscribers has increased 50% to 150,000 current active subscribers. This growth in subscribers has been predominantly due to the introduction of new products, including True Tones and Sounds Effects, which have been well received in the marketplace.

To further bolster Teleunit's 5 digit SMS offering, the Company will launch a new SMS product based on football, capitalising on the most popular team sport in the world. Over 240 million people regularly play football in more than 200 countries in every part of the world. In Italy, more people follow football than any other sport. With Teleunit's product, subscribers will be able to receive news about the six biggest football teams in Italy on a daily basis.

Francesco Cimica, Chief Executive Officer, commented: "This strong growth in current active subscribers for our 5 digit SMS services is a great result for Teleunit and further validates our strategy of entering high-growth markets.

"We expect this growth trend to continue and are optimistic about our new football SMS product, particularly in the run-up to the Italian Football Championships in late-August. I look forward to updating investors on our progress at the time of our interim results in September."

For further information:

Teleunit S.p.A
Francesco Cimica, Chief Executive Tel: +39 075 528 3939

Daniel Stewart
Tom Jenkins / Ruari McGirr Tel: +44 (0) 207 374 6789

Media enquiries:

Heather Salmond / Chris Lane Tel: +44 (0) 20 7398 7700

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