Silverstreet today proudly announced the continuation of its expansion and diversification plan with the launch of Silverstreet Social Media Ventures Sdn Bhd, its subsidiary which will be focused on all Social Media related activities for the Group commencing with the launch of the Boleh.La service (www.boleh.la).

“We are thrilled to see the pace with which we have been expanding lately and my hat goes off to all my great colleagues who have been working hard to make this happen. I feel that there are a lot of opportunities within the Social Media sector that a standard SMS aggregator may not have the resources or tools to take advantage of and thus our continued Group expansion strategy is taking us into an entirely new sector which we have high expectations for and which we feel we can optimize on with our experience from the mobile world” said President & CEO, Mr. Simon Landsheer.

The Boleh.La project will be initially geared towards the South East Asian market with a heavy emphasis on Malaysia, Indonesia, Singapore and Hong Kong commencing its first level approach with a focus on free SMS, catchy email domains based on local slang and free email forwarding services. “Malaysia is an incredibly savvy internet market as is the larger South East Asian region. We feel that with the right marketing we can establish the necessary user base to create a strong foundation and to further build some interesting ideas we have in mind that we feel the local market will really connect well with” said Chief Strategy Officer and Silverstreets South East Asian expert, Mr. Ben Chong.

Feel free to visit www.boleh.la for more information.

Following extensive work with an Australian based partner to formalize a joint-venture in the fax broadcast sector, Silverstreet today proudly announced the launch of its new daughter-company Monopond as well as the associated website which can be found at www.monopond.com.

“We are quite excited about the continued diversification of the Silverstreet Group and specifically about the prospective growth available to us within the seemingly untapped fax market. We fully intend to bring our years of experience from the mobile and wholesales world into this venture which we feel will allow us to bring a level of professionalism and creativity that will augment the competitive pricing and feature sets available on this in-house developed fax platform” said Mr. Simon Landsheer, President & CEO of Silverstreet and Co-Director at Monopond Limited.

With competitive pricing for global fax broadcast and an extensive back-end connectivity matrix in place with a capacity of over 250.000 faxes per hour, Silverstreet fully anticipates this new venture to become a corner-stone within its Group strategy moving forward.

For any and all inquiries please feel free to contact eric@monopond.com.

Brussels, Belgium, Kuala Lumpur, Malaysia - BICS, a leading global provider of wholesale carrier services and a pioneer in the mobile financial services market, and Tranglo, a prominent international mobile financial transactions hub operator in Malaysia, today announced that Tranglo has connected to the international remittance hub, HomeSend. This partnership will enable new HomeSend corridors across Asia, specifically from Malaysia as well as towards Indonesia and the Philippines.

Tranglo operates gloTransfer, gloReload and gloRemit, an international mobile airtime credit and electronic money remittance hub. This service enables migrants to effectively and affordably transfer funds internationally.

HomeSend is a strategic business partnership between BICS and eServGlobal, allowing the real-time transfer of any type of funds, and from various fund sources, such as eWallets, bank accounts, credit cards and cash.

Frédéric Schepens, SVP Mobile Financial Services at BICS said “We are delighted to work with Tranglo and to leverage their unusual role as both a sending as well as receiving partner in Asia. In turn Tranglo benefits from HomeSend’s growing ecosystem globally.’’

Sia Hui Yong, Tranglo’s CEO said “We are very excited and pleased with the cooperation with BICS. Through this smart partnership, both BICS and Tranglo will be able to synergize our strength to provide the widest coverage and most cost-effective transactions for our global partners.”

About Tranglo

Tranglo, a company Silverstreet invested in, is a leading international mobile financial transactions hub operator that enables cross-border airtime exchange, money transfer and bill payment via its award-winning innovative solutions gloTransfer and gloRemit. Tranglo works with prominent mobile operators and financial institutions, vendors/resellers/distributors, remittance service providers across the globe. Tranglo currently has local offices in Netherlands, Lebanon, Malaysia and Indonesia, and representative offices in United States, Australia, UAE and United Kingdom.

For more information, please visit: www.tranglo.com.

About BICS

BICS delivers best in class global solutions for Voice, Messaging, Roaming, Connectivity and Mobile Financial Services to hundreds of telecommunication providers around the world. With our passionate and creative teams located in Brussels, Bern, Monaco, Dubai, Singapore and New York, we continuously strive to provide our customers with the highest levels of quality, reliability and interoperability that enable them to maximise end-user value. Our innovative approach is visible through our place at the forefront of the market consolidation and technology advancement. We are a joint venture of Belgacom, Swisscom and MTN, and have rolled out transformative Next Generation Networks (NGN). This together with our continued focus on Value Added Services for Mobile Operators and our growth strategy has enabled us to reach a world-leading position both on the International Voice and Mobile Data markets.

For more information, please visit: www.bics.com.

BICS

Cathérine Bals, Director Marketing & Communications

catherine.bals@bics.com

+32 473 92 28 10

Tranglo

Jonathan Lee, Business Development Manager, Remittance

jonathan.lee@tranglo.com

+603 2241 4188

Dubai/Johannesburg – Tranglo and MTN Group, the leading mobile telecommunications group in Africa and Middle East, have teamed up  to enable people in Asia, the European Union and the Middle East to send prepaid airtime to MTN’s customers.

With the service, Tranglo’s extensive sender network in key countries such as Saudi Arabia, Kuwait, United Kingdom, United States, UAE, etc will be able to send airtime credit back to their loved ones on MTN’s wide footprint. For example, a mobile subscriber in Saudi Arabia can transfer the airtime credit from their Saudi prepaid account to their family or friends on MTN Syria’s network. All airtime transfers are seamless, instantaneous and secure through Tranglo’s gloTransfer platform. Both sender and recipient receive confirmation SMS once the transfer is made.

“We are proud to be associated with MTN Group to offer international airtime transfers to their customers. The Africa and Middle East countries in which MTN operates, have a strong presence of migrant diaspora, thus the service will be highly practical and effective. We are confident that the Tranglo sender network will be able to take advantage of this service.” says Mohammad Gharaybeh, Executive Director of Tranglo Middle East/Africa.

“We are particularly pleased about this partnership because by offering MTN customers the convenience of cross-border airtime transfer, the service is further helping to connect our customers with their friends and families based overseas”, said Christian de Faria, MTN Group Chief Commercial Officer.The service is currently available to MTN Yemen and MTN Syria via various sender channels managed by Tranglo. The service will be extended to key MTN operations in the near future.

About Tranglo

Tranglo, a company Silverstreet invested in, is a leading international mobile financial transactions hub operator that enables cross-border airtime exchange, money transfer and bill payment via its award-winning innovative solutions gloTransfer and gloRemit. For more info on Tranglo, please visit www.tranglo.com

About MTN Group

Launched in 1994, the MTN Group is a multinational telecommunications group, operating in 21 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 30 June 2011, MTN recorded 152.3 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit us at www.mtn.com and www.mtnfootball.com

Today Silverstreet has announced that it has joined the GSM Association combining its Group entities with an association of over 800 international mobile operators as well as 200 mobile vendor companies to further push forth the GSMA mobile initiative.

Simon Landsheer, President and CEO of Silverstreet, said “We’re quite excited to be part of the GSMA initiative and look forward to collaborating more closely with some of the other well established companies and mobile operators taking part of this Association”.

In addition to its newfound membership with GSMA, Silverstreet is also an active member of the MEF organization providing it with an active role in several of the most important working groups within the messaging sphere.

“As we continue our global expansion within the SMS sphere as well as part of our Group strategy, we definitely consider it critical to become more actively involved behind the scenes so as to help shape as well as ensure the future of this industry” said Eric Dadoun, CCO at Silverstreet.

Through its presence in Africa, Europe and Asia Silverstreet maintains a goal of becoming an active member of the GSMA on a global scale.

In light of the recent increase in hardship experienced by our fellow humans in the Horn of Africa, Silverstreet has once again taken it upon itself to rise up for the cause and to assist its fellow man, as part of our Social Responsibility program.

Silverstreet declares that it has contributed a substantial donation to the Samenwerkende Hulp Organisaties (Cooperating Aid Organizations) in the Netherlands in an effort to fight the hunger being experienced throughout the region. We hope other companies and private individuals will contribute to the same or similar aid programs as well.

Silverstreet crew are provided the option to donate trough their salary or by returning offdays, and thus later this month Silverstreet will make another donation on behalf of it’s staff.

Today, Silverstreet announced a change of position for Mr. Ben Chong and Mr. Eric Dadoun while introducing Mr. Michael Brouwer to the management team.

Mr. Ben Chong has been promoted to Chief Strategy Officer following his tenure at Silverstreet as VP Asia while Mr. Eric Dadoun has been promoted from Business Development Director to Chief Commercial Officer.

Mr. Chong and Mr. Dadoun are joined by Mr. Michael Brouwer who has joined Silverstreet as the Chief Financial Officer for the company bringing with him over 20 years of financial and accounting experience with direct mobile and telecom industry involvement since 2000.

These changes follow the recent appointment of Mr. Simon Landsheer to the position of President and CEO.

“I feel honored and privileged to work with these three individuals. I feel that together we make a strong management team to help drive Silverstreet forward into the tele .com group we envision for many years to come” said President & CEO Mr. Simon Landsheer.

As the newest addition to the Silverstreet team Mr. Michael Brouwer was asked for comment and said, “It’s a very exciting opportunity for me moving from the operator world to a fast moving company like Silverstreet. They have been quite successful to date but I feel there is a lot of room left for growth and I look forward to contributing to that within my role as CFO and as part of the management team”

• More information about the Silverstreet management team

Today, Silverstreet announced it has appointed the current Chief Commercial Officer Mr. Simon Landsheer to President and Chief Executive Officer to further solidify and strengthen its growth strategy moving forward.

Mr. Landsheer, who has been with Silverstreet since the end of 2006, has been responsible for the companies immense growth and expansion from its initial foundation in the Netherlands throughout Europe and subsequently into Asia, Africa and Australia establishing Silverstreet as one of the leading SMS aggregators in the global mobile industry in the process.

Silverstreet’s founder and CEO to date Mr. Maikel Lambregts will take the position of Chairman of the Board from today onwards.

Mr. Landsheer’s main focus will be to ensure continued growth for Silverstreet as well as the repositioning of the company beyond its position of a SMS aggregator and more so towards that of an international telecom group. This will be accomplished by organic growth as well as an aggressive approach to acquiring and investing in businesses withinin it’s main verticals and additional lines to further diversify the business.

“I’m excited about this new opportunity and will do everything in my power to create more value for our customers, employees and shareholders” says the new President and CEO Mr. Simon Landsheer.

“I leave the President and CEO position in the hands of my longtime colleague and associate Mr. Simon Landsheer with the utmost confidence and trust. I fully anticipate Simon to continue to push our company to newer heights at a more accelerated pace and I believe this internal restructuring will prove fruitful for us both on the short and long term” said Mr. Maikel Lambregts. ”

About Silverstreet:
Silverstreet, founded in 1999, is a specialist in Mobile Messaging (SMS) offering global MT termination options across more than 800 mobile networks worldwide. The company is primarily focused on mission critical traffic and high volumes (wholesale) clients reaching its peak SMS traffic performance in 2010 with a total volume of 2.4 Billion SMS terminated across its platform for the calendar year.

Silverstreet maintains a global footprint with teams spanning 10 countries and 3 continents servicing clients in over 100 countries around the world ranging from the A2P aggregator sector, banking, government and corporate entities.

In addition to the core SMS portfolio which Silverstreet maintains, the company is also actively involved within the VAS sector towards mobile operators and in niche market development for mobile products. Through its position and experience in the mobile market, Silverstreet fully expects to continue its aggressive and rapid expansion within the Asian and African markets. The company is a 100 percent owned by it’s top level management and holds interests in a variety of additional businesses.

While we work in a booming industry with phenomenal growth and while we at Silverstreet are fortunate enough to say that we thoroughly enjoy our day to day business efforts, we have all regrettably received a chilling reminder of how fragile and delicate both the world as well as our lives are following the horrific events that recently took place in Japan.

As the world mobilizes to help its fellow man in a time of need, Silverstreet has undertaken an internal company program funded entirely by the staff as well reinforced by the company itself to contribute to this global movement by donating in excess of 10,000 EUR to the Red Cross aid efforts.

“We understand that ten thousand euro will not save Japan on its own but its simply impossible to sit back and witness the tragedy that these people are experiencing without contributing in some way. Its just horrific to think that this could happen to any one of us at any time and I think its important to appreciate how small our world is and thus to help out when needed” said the Chief Commercial Officer, Mr. Simon Landsheer.

While the holiday season is typically a slow business period in most industries, Silverstreet continues to move forward at a rapid pace having registered its highest single month of SMS traffic to date with an estimated 400 million SMS terminated across its platform during the month of December 2010.

“We have made it a goal of ours to remain fully available across all of our departments 365 days of the year and this availability in addition to our experienced international team is to thank for the upsurge in holiday related traffic. While most companies are vacationing, we remain at our posts eager and ready to serve our clients” says Silverstreet Chief Commercial Officer Mr. Simon Landsheer.