Enterprise Ireland
Annual Report and Accounts 2004

Valista

• Homepage
• Chairman's Statement
• Chief Executive Officer's Report

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• Section 1
  Achieving Export Sales
• Section 2
  Investing in Research and Innovation
• Section 3
  Competing Through Productivity
• Section 4
  Starting Up and Scaling Up
  • Connecting HPSUs and Investors
  • Start-up Class 2004
  • Opsona Therapeutics Ltd.
  • Delta Off-Site Solutions
  • Valista
• Section 5
  Driving Regional Enterprise

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• Membership of the Board & Committees
• Organisation Structure
• Statutory and Other Notices
• Financial Statements
• Office Network

Valista is the leading provider of payments and offer management software enabling the purchase of premium services over web and mobile channels. The company has been highly successful at creating new ways to purchase large and small items using mobile phones or the Internet and at developing multiple ways to pay for them. Valista’s products and services are used by the world’s largest telecommunications companies in markets such as the US, Latin America, Europe, Japan and the rest of Asia.

In 2004, Valista announced its first major customer in the US market, the global giant America Online. This deal contributed greatly to Valista, doubling its multi-million euro revenue in 2004. Other key customers include: Vodafone UK, NTT DoCoMo, France Telecom’s w-HA, Orange, Wanadoo, Tiscali, T-Online, 3, Hong Kong CSL and GTECH.

Valista was formed in 2003 following the acquisition of iPIN (USA) by Network365. Network365 received assistance from Enterprise Ireland for many years, enabling the company to meet key decision makers in target companies in export markets.

Enterprise Ireland has continued its relationship with Valista with market entry support, networking facilitation and key buyer introductions. Valista participates in many Enterprise Ireland exporting initiatives such as inward and outward buyer missions, trade fairs and conferences, including the successful 3GSM trade show and CommunicAsia. The company also benefited from Enterprise Ireland’s on-the-ground assistance in target markets when setting up new office locations and it received assistance with local administrative matters where needed. Enterprise Ireland is also an investor in Valista and the company is now also working with Enterprise Ireland’s new SME Scaling Division.

Valista currently employs 90 people located in its Wicklow headquarters and in its overseas offices in Brazil, Japan, Singapore, the UK, France and the US.

In 2004 Valista’s success was recognised by the global GSM industry when the company won the GSM Association’s Best Mobile Application Developer Award. Valista was also chosen by Red Herring and Tornado Insider as one of their Top 100 Global companies and has also won two Wall Street Journal awards – the overall Gold Award for Business and the Business Finance Award.

www.valista.com