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- Spanish innovator breaks into new markets -

Nimbus Systems, the Madrid-based billing software and mobile payments company, today announces its expansion into northern Europe. The company offers billing, settlement, mobile payment and business intelligence solutions to the telecommunications, financial services and utilities markets.

The company’s solutions are based around two carrier-class products – Stratus and Mistral – which have already attracted tier-one customers such as Amena (Spain’s third largest GSM mobile operator) and Vodafone Spain.

Stratus is a convergent billing and settlement system, designed to provide solutions for new billing challenges, and can rate and bill anything from retail voice, to complex revenue sharing contracts.

Mistral is a mobile payments management platform, designed for operators participating in mobile payment schemes. The solution is compatible with the Simpay standard – the new mobile payments transaction scheme promoted by Vodafone, T-Mobile, Orange and Telefonica Móviles.

Tom Uhart, co-founder and managing partner of Nimbus Systems, said: "Since our inception in mid-2001, we’ve experienced prolific growth in Spain and are now ready to focus on expanding across northern Europe. Our international management team has expertise gained on some of the most complex billing settlement and mobile payment projects in Europe and North America. This, combined with our carrier class products and partnerships with industry heavyweights, such as IBM and SAS, puts us in a strong position.

"Our aim is to bring cost-effective and value-added solutions to European operators – providing them with a the rare option of a one supplier scenario in the mobile billing and payments sectors."

Nimbus Systems will be present at 3GSM in February, and Billing Systems in April 2005.

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Notes to editors

About Nimbus Systems:

Nimbus Systems is a leading European software and services company, focused on segmented billing, CRM and PRM solutions, and mobile payments.  

The company develops its own software, and its carrier-class products have attracted a significant tier-one customer base across Europe, including Amena (Spain’s third largest GSM mobile operator) and Vodafone Spain.

A privately owned company formed in July 2001, Nimbus Systems is headquartered in Madrid, Spain. The company – already profitable – has witnessed 50% year-on-year revenue growth since inception.

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For more information please contact:
Katrina Walker/Jill Benedict
Tel: +44 207 388 9988

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