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Wysdom Acquires Evolucom for WAP Expertise

Wysdom Inc., a global wireless Internet infrastructure provider (wireless Internet ASP) has acquired Montreal-based Evolucom Inc.

The purchase bolsters Wysdom's software application service offerings with Evolucom's ability to manage, design and develop large-scale e-commerce and wireless application protocol (WAP) projects for many of North America's largest enterprises, including Ericsson, Hewlett Packard, Phone.com and Laurentian Bank.

The Evolucom acquisition increases Wysdom's development abilities with system developers skilled in the convergence of Internet and telecom, as well as WAP development.

Evolucom's expertise in wireless telecommunications, e-commerce, and WAP enhances Wysdoms mobile delivery capabilities, according to Kashif Hassan, Wysdom president and chief executive officer.

"Our time-to-market for complex applications and sites will be accelerated as Evolucom's experience in Internet and intranet architectures is integrated with Wysdom's wireless ASP model," he said.

Wysdom's purchase shows the company's strategy to grow through acquisition in the wake of a US$50 million second-round investment in February 2000. This closely follows the purchase of Origins, a Boston-based software firm developing a graphical interface for wireless Internet delivery applications. As with the Evolucom acquisition, Origins core technologies accelerate the time-to-market for Wysdom's products and services.

Wysdom provides the infrastructure for dot-coms and Internet content providers to communicate with mobile customers around the world. Its product offering includes Mobile Instant Messenger, Mobile Ads, PCS Alerts, Quick Message, InfoNow, OfficeMail2Go, Personal Start Page. Wysdom's applications enable seamless delivery of content, advertising, and e-commerce transactions via mobile devices.