Ann: MOU with Singapore Telco for fixed and mobile recording, page-17

Excellent news!

Dubber signs agreement with Singapore Telco to provide fixed and mobile voice recording

Highlights:

•   Dubber signs agreement with Singapore Telco to provide both ‘fixed’ and ‘mobile’ call recording
  
  
•   Memorandum of Understanding (MoU) signed for the deployment of the Dubber platform – terms of a Master Services Agreement (MSA) to be finalised
  
  
•   MSA to include a minimum number of monthly subscribers over a 12-month period via four equal incremental quarterly amounts
  
  
•   Completion of the MSA and commercialisation of the offering targeted for Q3 CY2016
  
  
•   Agreement further validates Dubber’s go‐to‐market strategy of partnerships with
  
  telco’s and ability to streamline the procurement processes involved
  
  Cloud‐based call recording technology provider Dubber Corporation Limited (ASX: DUB) (“Dubber”), is pleased to announce it has signed a binding MoU with a major Singapore based telecommunications carrier (“Telco”) to offer the world’s most scalable cloud‐based call recording service to the Telco’s customers.
  
  The MoU will see Dubber’s platform made available to both fixed‐line and mobile customers.
  
  Dubber can offer unique services and product offerings to the Telco and its customers due to its ‘total scale’ proposition. Effectively, the Telco will possess the ability to offer a variety of services from ‘reserved’ monthly subscriptions for its higher frequency users, right through to enabling the entire base with ‘on demand’ recording.
  
  The significance of this offering is that Dubber is able to capitalise on its unique core features to provide previously unattainable revenue streams both for Dubber and the Telco. For that reason, the mobile market provides an enormous opportunity in terms of both the size of the customer base and the potential end user cases.