November 30, 2004


London, UK. - November 30, 2004 - airwidesolutions, a global provider of innovative messaging and content delivery management solutions, and Data Service, a provider of outsourcing services to the financial sector, today signed a cooperative agreement.

The agreement provides focused collaboration on the development of mobile communication and outsourcing services. This worldwide partnership aims to target the telecommunication and public administration markets, whilst both companies dedicate special attention to secured communication services.

"Working with Data Service will allow airwide to address the growing market requirement for the provision of product as well as operational services, whilst maintaining focus in our area of expertise. The opportunity to do this with a partner with whom we already have such a strong friendship and level of trust is wonderful" says Simon Everitt, President and CEO of airwide solutions. "This partnership also strengthens our position in Europe, which is very important in establishing airwide as the premier provider of mobile messaging and content delivery solutions"

Lucio Rispo commented, "This agreement, following the ones with Telcordia is a fundamental step towards the new company asset. The cooperation with airwide will complete our ability to offer Managed services in all the market segments using the communication backbone developed by airwide. The focus of the two companies towards the Valued Added Services will enable us to provide state-of-the-art solution to the market"

Data Service and airwide solutions are already working on a number of opportunities, which will not only cement the relationship, but reinforce the belief that the next phase of market development will be dominated by "partnered" teams of focussed and specialised companies who together provide end to end services.

Axiom Venture Partners provides capital and strategic assistance to rapidly growing high technology companies. With over $185M in committed capital under management, the firm has particular emphasis in three main areas: Communications, Software Infrastructure/Internet, and Biotechnology. Axiom invests from early to late stages, is active throughout the United States, and has five investment professionals in two offices. Axiom has had multiple IPOs and transactions and ranks in the top quartile for venture funds in returns. The firm is currently investing Axiom Venture Partners III.