zamano, a leading provider of mobile data services, was established in 2000 to take advantage of a growing demand for mobile services. zamano is a market leader in Ireland, has a strong presence in the UK, and commenced trading in Australia in early 2006.

Since its establishment, zamano has invested significantly in the development of a mobile messaging platform and suite of applications. Using this platform, zamano promotes and distributes its services directly to consumers and also facilitates commerce between businesses, brands and their end-users.

Following the successful placing of 16,666,666 new Ordinary Shares at 24 pence each, the Company has raised £4 million in proceeds from the placing, giving a market capitalisation on admission of £16.3 million at the Placing price.

The proceeds from the placing will be used for further strategic acquisitions, increased investment in new technology and expansion into new territories.

Rod Matthews, Non Executive Chairman, commented:

“We are very pleased with the positive response to zamano’s IPO. We look forward to continuing to implement our strategy and develop our business as a publicly listed company.”

Seymour Pierce is acting as Nominated Adviser and as Broker to the Company.