SOURCE: Zed

Zed

February 12, 2009 16:55 ET

Zed Continues International Expansion With New Offices in Australia; Continues to Thrive in Tough Economic Times

Australian Market Boasts More Than 23 Million Mobile Users, Providing Growth Opportunities in Games and Other Mobile Phone Downloads; Zed Presence Expands to 54 Countries

DENVER, CO and SYDNEY, AUSTRALIA and MADRID, SPAIN--(Marketwire - February 12, 2009) - Zed, the leading mobile value-added services (MVAS) player, today announced its expansion into the Australian market with the opening of a new office in Sydney. With the addition of the Sydney office, Zed now has a presence in 54 countries, including 22 of the world's capital cities such as London, Paris, Denver, Beijing, San Petersburg and Jakarta, offering services to more than 2 billion mobile subscribers.

"The Australian market has more than 23 million mobile subscribers and presents huge opportunities for Zed," said Javier Pérez Dolset, Founder and CEO of Zed Group. "We will collaborate with partners, big brands, operators and music labels to provide consumers the best entertainment product without platform boundaries as we have in our other markets worldwide."

Zed has established offices in North Sydney and will focus on developing business around its core set of products in gaming, social networking, casual applications and marketing solutions in the coming year.

"The company is already working in Australia to reach agreements with networks, I.P. owners and channel partners to introduce Zed's suite of market-proven, world-class digital entertainment products," said Brian Casazza, regional director, North America and Australia. The company currently holds agreements with 130 operators from around the world.

Zed plans to expand its business to India and Brazil during the first half of 2009. India, with 280 million mobile subscribers, and Brazil, with 115 million, are two of the world's largest markets. With Zed's expansion to these key countries, it will have the opportunity to reach 2.4 billion mobile subscribers.

About Zed

Zed develops and markets entertainment and community products and services for mobile and the Internet. The company is the leading mobile value-added services (MVAS) player in the world in terms of revenue and geographical footprint. Zed operates in 54 countries, including Europe's largest markets, USA and China and holds agreements with 130 wireless operators all over the world.

For more information visit: www.zed.com

Contact Information

  • Media Contacts:

    Megan Moody
    Corporate Communications Manager, USA
    Zed Group
    T: 303.567.6352
    megan.moody@zed.com

    Eduardo Romero
    Corporate Communications Coordinator
    Zed Group
    T: +34 916 404 858
    eromero@zed.com

    Business Contacts:

    Simon Walshaw
    Director Zed Australia
    Simon.walshaw@zed.com
    T. +61 2 9959 2250