724 Solutions Appoints K.P. Wilska to its Board of Directors
Santa Barbara, CA (May 7, 2007) - 724 Solutions, a leading provider of next generation mobile data solutions enabling seamless communications in an IP-based world, today announced the appointment of Kari-Pekka (K.P.) Wilska, an industry visionary with over 30 years of experience at Nokia, to its board of directors.
K.P., who is a Venture Partner with Austin Ventures, also serves on the board of directors of Brightpoint Inc. (NASDAQ: CELL), Mavenir Systems Inc., Paragon Wireless Ltd., and PulseWave RF Inc., is chair of the advisory board of Sipera Inc. and serves on the advisory board of Navini Networks Inc. Prior to his retirement in 2005, K.P. held a number of executive leadership positions within Nokia, including President of Nokia, Inc.
"K.P.'s vision of the wireless industry and particularly how convergence-focused services can enhance the lifestyle of subscribers will provide valuable input to our strategy for assisting mobile operators with the deployment and marketing of these services," said John Sims, Chief Executive Officer of 724 Solutions. "I am pleased to have K. P. join our board of directors and look forward to working with him as we execute on our vision of bringing the Unwired LifestyleT to our mobile operator customers and infrastructure partners."
K.P. Wilska stated "Mobile operators have a unique starting point in the race to provide converged services, and premium data services have tremendous potential and upside for mobile operator service revenues. I look forward to working with the 724 Solutions team as they accelerate these revenue opportunities for mobile operators."
About 724 Solutions
724 Solutions delivers market leading IP-based solutions for Mobile Internet, Mobile Broadband and IP Messaging built upon an intelligent, scalable, extensible architecture that allows mobile operators and converged service providers to significantly grow revenues. The company's solutions leverage a state-of-the-art decision making capability to tailor the network resources and the services provided, enabling subscribers to experience the All-Ways Connected Lifestyle, 724's vision of seamless access and communication without barriers; a vision of how subscribers will use data services to enhance and enrich their professional and private lives with access to services from any device at all times. 724 Solutions is a global company headquartered in Santa Barbara, California with development centers in Switzerland and India. For more information, please visit www.724.com.
For more information, contact:
Kelly Lazarus, Director Corporate Communications
Tel: +1 805 884 8306, klazarus@724.com