Qpass Strengthens Leadership Position as Software Provider for Digital Marketplace
January 25, 2005--Qpass, whose software powers the marketplace for digital media and services, today announced that it has acquired ucp morgen, headquartered in Vienna, Austria. ucp morgen is a leading provider of content delivery software for network operators, portals and content providers. This acquisition accelerates the Qpass global market expansion strategy and broadens the company's product line to encompass the management of the entire digital supply chain.
"ucp morgen is a strong company with solid products that enable the marketplace for digital media and services," said Qpass CEO Chase Franklin. "This strategic combination is an additional step of a long term plan by Qpass to provide operators, portals and content providers with the means to rapidly grow revenues and deliver innovative new services."
"This acquisition is an excellent outcome for our customers, who will now be able to manage their entire digital services business with Qpass software," said Christian Lutz, ucp morgen CEO. "Everyone at ucp morgen is excited to join one of the fastest growing companies in the industry and we look forward to the tremendous opportunities ahead."
ucp morgen software powers service offerings on behalf of operators and portals which enable tens of millions of mobile subscribers in North America and Europe to shop for and purchase digital products and services. ucp morgen customers today include T-Mobile International (UK, Germany, Austria, The Netherlands, Czech Republic), Hutchison 3G, HT Mobile, Danger Inc., and several mobile Internet portals. With this acquisition, more than 300 content providers and aggregators, who provide more than 500,000 applications and digital products, are integrated to and selling through Qpass software.
"In building our highly successful and innovative t-zones offering, ucp morgen has been one of our key partners, successfully delivering the international download platform for more than two years now," said Michael Hagspihl, Vice President Consumer Marketing, T-Mobile International.
Guenther Ottendorfer, Technical Director, T-Mobile Austria added: "ucp morgen has delivered many successful projects in the past and we look forward to working with them in the future as they become part of the larger and more global Qpass."
ucp morgen's 60 employees maintain offices in Austria, UK and the U.S. The combined company has approximately 250 employees and serves more than 25 customers, including 18 mobile operators in North America and Europe who together have more than 140 million subscribers. Global headquarters will remain in Seattle, Wash., with European headquarters in Vienna, Austria. Qpass and ucp morgen are both privately held companies.
Qpass software powers the marketplace for digital media and services by efficiently managing the entire digital supply chain over any network and any type of device. Today this infrastructure powers a digital services marketplace for operators reaching more than 140 million subscribers globally, generating hundreds of millions in revenues. Qpass software works as an overlay to existing business systems -- including provisioning, billing, and CRM -- speeding service innovation and providing much greater flexibility for new offers.
Qpass customers include mobile operators Cingular Wireless, T-Mobile International (UK, Germany, Austria, The Netherlands and Czech Republic), Nextel, ALLTEL, Vodafone Ireland, Boost Mobile, Hutchison 3G, Dobson, and HT Mobile. Today more than 300 content partners and aggregators are integrated through Qpass software, delivering more than 500,000 applications to consumers in the U.S. and Europe. Qpass global headquarters are in Seattle, Wash., with European headquarters in Vienna, Austria. For more information on the company, visit www.qpass.com.
Stephen Waddington, +44 (0)20 7494 6570
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