SVR Syniverse Holdings

News Summary: Syniverse enters into international joint venture formed to provide mobile data and content domain name registry services and development guidelines. Syniverse Technologies (NYSE:SVR), a leading provider of mission-critical technology services to wireless telecommunications companies worldwide, today announced it has entered into the joint venture mTLD Top Level Domain, Ltd. (mTLD), formed by a consortium of companies including Hutchison 3, GSM Association, Ericsson, Microsoft, Nokia, Samsung, TIM, Telefonica Moviles, T-Mobile, and Vodafone. Participation in the partnership further expands Syniverse's interoperability solutions into the fast growing mobile data and content market. The domain name ".mobi" has been selected by mTLD to indicate to mobile data users that the site they are visiting is optimized for the delivery of content and services to mobile devices, enhancing the Internet experience for mobile users and improving the ease of use of Internet-based mobile data services. "Syniverse's global industry expertise led to our invitation to participate in this worldwide initiative designed to guide the development of high value, mobile-oriented content," said Ed Evans, chairman and CEO of Syniverse Technologies. "We look forward to working with our peers, mobile operators and other world class business partners involved in mTLD to develop interoperability solutions that will make mobile content ubiquitous across all networks and technologies." mTLD and its support organizations will be developing guidelines to create consistency and best practices for Internet-based development tailored to the mobile environment. Syniverse's involvement reflects its leadership standing as an innovative solutions provider to the wireless industry. mTLD will operate under the policies set by the Internet Corporation for Assigned Names and Numbers (ICANN) for allocating and running domain name services for the .mobi domain. In entering into the contract with ICANN, mTLD has been delegated to provide the registry services for the .mobi domain for the next ten years, with an initial review to be conducted after three years. About Syniverse Syniverse is a leading provider of mission-critical technology services to wireless telecommunications companies worldwide. Syniverse solutions simplify technology complexities by integrating disparate carriers' systems and networks in order to provide seamless global voice and data communications to wireless subscribers. Carriers depend on Syniverse's integrated suite of services to solve their most complex technology challenges and to facilitate the rapid deployment of next generation wireless services. Syniverse provides services to over 300 telecommunications carriers in approximately 40 countries, including the ten largest U.S. wireless carriers and six of the ten largest international wireless carriers. Headquartered in Tampa, Fla., U.S.A., Syniverse has offices in major cities throughout North America, The Netherlands, the United Kingdom and a global sales force in the United Kingdom, Luxembourg, Italy, China, Hong Kong, Brazil, Slovakia and India. For more information, visit http://www.syniverse.com About mTLD Top Level Domain Ltd mTLD Top Level Domain, Ltd. is a global company based in Dublin, Ireland. It is committed to creating a registry service to the .mobi domain, which will serve as a reliable and recognizable mechanism to Internet content and services that are specifically tailored to a mobile experience thereby promoting the considerable opportunities those services represent to the telecommunications, mobile, Internet and media industries. .mobi catalyzes business opportunities for companies servicing mobile customers with compelling new mobile services and applications - bridging the world of mobility and the Internet. For more information, please visit http://www.mtldinfo.com. Cautions about Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements regarding the Company's plans, intentions and expectations. Such statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those projected. Given these concerns, investors and analysts should not place undue reliance on forward-looking statements.