Economy
Darvish replaces Goldman at AxisMobile Print E-mail
Wednesday, 10 October 2007
Hugo Goldman will step down as Chief Financial Officer at the AIM-listed consumer mobile email  firm AxisMobile at the end of October.

The firm (AIM:AXIS) said that Mr Goldman, who will remain with the Company as a Non-Executive Director, wants to pursue "other interests".

AxisMobile has appointed Uri Darvish as Chief Financial Officer and Finance Director with effect from 1 December 2007. Uri Darvish, 39, held the position of Chief Financial Officer for Civcom Inc., an optical communications company based in Israel, from 2003 to 2007 and before this was VP Finance and Operations for two years at Xlight Photonics, Inc, an optical communications company.

Prior to this, Mr Darvish was Financial Controller at NASDAQ listed Radcom Ltd and deputy financial controller at VISA Israel Credit Cards Co. Ltd. Mr Darvish has a B.A. in Accounting and Finance from The College of Management, Academic Studies Division, has an M.A. in Business Administration from the Heriot-Watt University and is a qualified Certified Public Accountant.

Uri Darvish will begin working for AxisMobile on a part time basis from 1 November 2007 and is scheduled to be elected to the Board of Directors and assume his full time role as Chief Financial Officer and Finance Director from 1 December 2007.

AxisMobile was founded during early 2000 and specialises in the emerging market of consumer mobile email, which allows consumers to access email via mobile telephone handsets.  The firm's objective is to provide software that drives the mass market adoption of mobile email and related products by making multimedia information portable, ubiquitous and easy to access on subscribers' existing mobile handsets at an attractive cost.

AxisMobile claims that its email platform provides a 'one-stop-shop' for consumer mobile as it supports Web, WAP, IMAP4, MMS, SMS and J2ME interfaces. Such interfaces cover most methods of transmitting mobile data communications. AxisMobile's platform means that mobile operators no longer need to integrate platforms from different vendors. This reduces costs.

AxisMobile aims to increase cross-sales by offering additional products and services based on its technology platform, hence producing cross-sales. Consumer mobile email represents a huge growth opportunity for mobile operators and vendors. The success of mobile communications has become a worldwide phenomenon with approximately 1.7 billion subscribers globally.

In 2005, Forrester research estimated that the number of Western European consumer mobile email users will increase from 12.3 million in 2005 to 62.7 million by 2008. During the same period, revenues from consumer mobile mail will grow from €120 million per year to €1.15 billion per year in Western Europe alone. In the US, Forrester estimates that the number of consumer mobile email users will increase from 12.1 million in 2005 to 38 million in 2008 and that revenues will soar from $13 million per year in 2005 to $406 million in 2008.

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