Last update: 21.07.2024 13:03 (GMT+3)

Eesti Telekom: EMT joins Mgine Technologies

27.10.2000, Eesti Telekom, TLN
EESTI TELEKOM
ANNOUNCEMENT

EMT JOINS MGINE TECHNOLOGIES

Estonian Mobile Telephone (EMT) has today made a
strategic investment in Mgine Technologies, a
Finnish-Estonian software company that focuses on
personalization and mobile positioning software products.
EMT will own 5% of Mgine Technologies. The rest is owned
by DONE (Digital Open Network Environment Corporation),
which is listed on the NM list of the Helsinki Exchanges.

EMT will provide Mgine Technologies access to its
product development resources, provide testing facilities,
as well as access to real life customer development
environment.

This is a strategic investment where EMT can get access
to Mgine Technologies’ unique software and development
opportunities in personalization and positioning strategy.

EMT has installed and tested in its networks one of
Mgine Technologies’ main products, Location Mgine,
which is a positioning platform software. One of the
first commercial mobile positioning application for
mobile operators in the world developed by
Mgine Technologies can be accessed through website
<a href='http://www.locategsm.com.' target='_blank'>http://www.locategsm.com.</a> This service is available over
Internet, WAP and tested in GPRS environment. Other joint
products with EMT include application for Estonian rescue
service that has been equipped with mobile positioning
technology to increase public safety.

Mgine Technologies will develop its products in Finland
and Estonia, the world’s most advanced mobile markets.
Mgine Technologies has 50 employees. In addition to
personalization and positioning software company provides
applications, consulting and systems integration services
that support end-to-end implementation of personalization
and positioning software.



Further information:
Vice president Tõnu Grünberg,
EMT, +372 6111 105
Managing director Kalle Heikkinen,
Mgine Technologies, +358-40-5026863


Websites:
<a href='http://www.mginetechnologies.com' target='_blank'>http://www.mginetechnologies.com</a>
<a href='http://www.emt.ee' target='_blank'>http://www.emt.ee</a>


Raul Kalev
PR-manager
+372 6460 220

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