eServGlobal Announces Major New Contract With Nepal Satellite Telecom

PARIS, November 24 - eServGlobal Limited (LSE: ESG & ASX: ESV), a provider of smarter
transaction management solutions in Charging, Payment and Retention services,
today announced that its solutions have been selected by Nepal Satellite
Telecom Pvt Ltd (NSTPL).

Xalted Information Systems, a leading solutions provider engaged in
OSS/BSS, Telecom Security and Managed Services and eServGlobal secured the
multi-solution contract for Convergent Billing, VAS and related accessories.
Xalted Information Systems and eServGlobal will initially support 150,000
subscribers, with the customer base expected to grow rapidly to 3 million.

eServGlobal will provide ChargingMax, its Convergent Billing System
including Rating and Charging for prepaid subscribers, PayMobile (electronic
recharge and voucher management) and Missed Call Alert, as well as
installation and post-installation services. Nepal Satellite Telecom has also
selected a number of eServGlobal's network components: IVR, USSD and SMS
solutions. This is the first time a convergent solution is being deployed in
Nepal for any of the GSM operators. Xalted Information Systems will provide
the Convergent OSS/BSS platform, including end-to-end Wholesale, Retail
Billing and Customer Management. The solution shall be supported by Xalted's
flagship Interconnect Billing, Service Provisioning, Mediation, Retail
Billing and Customer Care products.

This project will meet NSTPL's ambitious launch requirements, committing
to deliver all solutions within three months. This is eServGlobal's second
customer in Nepal, strengthening its commitment to this growing market.

C Mani Chaulagain, CEO Nepal Satellite Telecom, said "The flexibility and
advanced technology of the solutions were the deciding factors when awarding
this contract. eServGlobal also solves issues related to accelerated growth,
allowing us to open the systems to higher subscriber phases at a much lower
cost."

"Our agile solutions and business models are designed to adapt easily to
rapid growth in emerging markets", commented Craig Halliday, COO of
eServGlobal. "We look forward to working with Nepal Satellite Telecom to
expand its business and meet its growing needs."

About Nepal Satellite Telecom

Nepal, an emerging country with Telecom penetration of only 15% possesses
tremendous business opportunities in the communication sector. Nepal
Satellite Telecom with its brand name Hello Nepal has launched its GSM based
data and voice services from the Mid-western region of Nepal. Nepal Satellite
Telecom, a national Telecom operator will be offering mobile services from
the low land of Terai to the high Himalays in the North where state-run
operators have not been able to provide telecommunication services in
decades' of their operations.

Vision

The Company's vision is to be a major Telecom player in communication
sector. The company plans to capture more than 3 million subscribers in the
next 3 years.

Mission

The Company's mission is to provide the best quality telecommunication
services to each and every citizen throughout the country who have been
deprived of communication services even in the 21st century.

About Xalted

A renowned leader in telecom solutions engaged in OSS/BSS, Telecom
Security and Managed Services; Xalted is a fast-growing company with a proven
track record in successfully managing increasing network complexities and
reducing costs for leading telcos and communication service providers
worldwide.

Xalted's specialists combine expertise with proven execution to deliver
an innovative suite of solutions like Retail Billing, Content Billing,
Inter-operator Billing, Revenue Assurance, Real-Time Fraud Management,
Mediation, Service Order Management and Lawful Interception, customized for
various geographies. Xalted has a state-of-the-art global research and
development center in Bangalore and leading-edge SOX-compliant data center
for managed services in Mumbai.

The company leverages its extensive experience to benefit Tier 1 and 2
operators, with an end-to-end suite of solutions that ensure high ROI. With a
significant global client base, Xalted has a presence in India, the US,
Africa and the Middle East with corporate headquarters in Mumbai.

About eServGlobal

eServGlobal provides solutions for Smarter Transaction Management,
driving more value from each telecom transaction.

We enable new business models for tomorrow, while maximizing our
customers' investments today. Mobile, fixed, internet and multi-play
communications providers use our world-leading, real-time capabilities to
significantly increase revenues, customer loyalty and expenditure efficiency.

Today more than 80 customers, in over 50 countries, perform over 2.4
billion transactions per day using our solutions. eServGlobal has the largest
convergent charging and payments installed bases in the world.

Our customers drive our solutions, which we then rapidly develop and
deploy. This customer led approach to our business enables our customers to
quickly create and launch new services and personalized, real-time promotions
to lead and innovate in their markets.

eServGlobal specializes in agile convergent charging and rating, mobile
payment and retention solutions. Our HomeSend solution is the only GSMA
endorsed mobile-centric international remittance hub, allowing operators
rapid access to this lucrative market.

With 16 offices globally we provide flexible end-to-end solutions with
ongoing product development and worldwide implementation and support
services.

eServGlobal is listed on the Australian Stock Exchange (ESV) and the
London Stock Exchange AIM (ESG). More information can be found at:
www.eservglobal.com

    For further information, please contact:
    eServGlobal
    www.eservglobal.com

    Thierry Russo, VP Marketing
    thierry.russo@eservglobal.com
    T: +33-1-46-12-55-27
    F: +33-1-46-12-77-49

    Xalted Information Systems
    Kamini Rupani, Director Marketing
    kamini.rupani@xaltedcorp.com
    www.xaltedcorp.com
    T: +91-22-2287-6691
    F: +91-22-2287-6694

For further information, please contact: Thierry Russo, VP Marketing, thierry.russo at eservglobal.com, T: +33-1-46-12-55-27, F: +33-1-46-12-77-49;
Xalted Information Systems, Kamini Rupani, Director Marketing, kamini.rupani at xaltedcorp.com, T: +91-22-2287-6691, F: +91-22-2287-6694