eServGlobal to Supply Mobile Money Solution to Syriatel on Trial Basis

PARIS, February 15, 2011 - eServGlobal Limited (LSE: ESG & ASX: ESV), a global telecoms
software vendor specializing in Mobile Money and Value-Added Services (VAS),
has announced that Middle East operator Syriatel has agreed toextend the
utilisation ofthe innovative PayMobile solution to offer Mobile Money
services to its subscriber base, on trial pending authorities approvals in
Syria.

Syriatel, the largest operator in Syria withover 6.4 million
subscribers, has been successfully using eServGlobal solutions for several
years to assist in leading and innovating in their local market.

As well as offering a complete recharge solution, PayMobile
will enable the operator to expand its services to the world of Mobile Money.
Syriatel is contemplating takingadvantage of the solution to provide its
subscribers with access to domestic money transfer, bill payment and salary
disbursement.

PayMobile is eServGlobal's unified mobile money and recharge
solution, deployed in more than 30 countries, used every day by more than 250
million prepaid subscribers worldwide.

Syriatel first adopted eServGlobal's technology in 2005 to
manage their recharge needs, initially with voucher recharge and then
introducing electronic recharge in 2008, a move which generated significant
savings in terms of distribution costs. Just six months after the launch,
electronic recharge accounted for 73% of all Syriatel's recharges (increasing
from 1% pre-installation). The following year, electronic recharge topped
97%, the highest rate in the world.

Already in 2010, this aggressive and dynamic operator has
extended their offering by utilising PayMobile to offer electronic postpaid
bill payment, allowing subscribers to enjoy quick and convenient bill
settlement. With the introduction of the complete PayMobile suite, Syriatel
aims to ensure their continued leadership by offering their subscribers
access to the latest in mobile payment technologies.

PayMobile also natively interfaces with the HomeSend(R)
international remittance hub, providing operators with a complete national
and international mobile remittance offering.

"In recent years we have built on eServGlobal's technologies
to offer solutions which have enriched our service offering and significantly
lowered our OPEX," commented Ammar Khateeb, Sales Director, Syriatel, "The
agility, responsiveness and professionalism of eServGlobal made them the
natural choice when we wanted to extend our services in this area."

"PayMobile has been developed with a focus on our operators'
evolving needs and an in-depth knowledge of the telecommunications
landscape," said Katia Hilal, VP Marketing & Alliances, eServGlobal, "We are
proud to offer a comprehensive solution which helps operators drive new
revenue, retain their customers and decrease their distribution costs."

About Syriatel

Syriatel mobile telecom has been seeking since its inception to remain
the national preferred GSM operator by providing a quality network and state
of the art products and services to its subscribers.

Syriatel'sCSR strategy is to be a good citizen, to protect the
environment and to create employment opportunities for the talented local
youth.

Syriatel has succeeded in having 55% of the Syrian market.Its network
covers 99% of the residential areas and it serves more than 6.4 million
subscribers through its 59 points of service and three call centers in
Damascus, Aleppo, and Homs.

Ithas formed a special team which is dedicated to servingthe corporate
and industrial sector and facilitating their business 24/7, moreover, it
presents the best and the cheapest ways of advertising to these sectors, for
example via SMS, advertising engine , and cell broadcast on mobile devices .

In order to encourage internet usage via 3.5G service; Syriatel launched
a variety of special offers to fit all society segments: bank employees,
students, teachers, companies and associations.

As well as providing subscribers with various services during 2010 like
Push-email, GPRS bundles, SMS bundles and the very special one (Abili Fatora)
which saved customers' time by enabling them to pay their bills easily in its
selected sub dealers outlets all over Syria, Syriatel has also launched new
economy and businessmen packages for post paid subscribers.

All in all Syriatel'steam is working very hard to do the best always and
to raise the name of its beloved country and contribute to its progress and
development.

About eServGlobal

eServGlobal specializes in Mobile Money solutions and
Value-Added Services (VAS), to help Telco Service Providers increase their
revenue and gain and maintain customer ownership.

eServGlobal invests heavily in product development, using
carrier-grade, next-generation technology and aligning with the requirements
of more than 60 customers in over 45 countries. For 24 years, mobile, fixed,
Internet and multiplay telco providers have used our capabilities to lead and
innovate in their local markets, leveraging their core assets and their
trusted agent and subscriber relationships.

With 13 offices globally, eServGlobal provides full
"end-to-end" and "any account to any account" Mobile Financial Services and
International Money Transfers.

Our Value Added Services in promotions, loyalty, messaging,
and multiplay are focused around the transaction and enable service providers
to engage with the subscriber in a personalized and dynamic manner.

To reduce time-to market and manage exposure to CAPEX, we now
offer multiple licensing alternatives, including SaaS-based flexible,
revenue-share pricing.

www.eservglobal.com

For further information, please contact: eServGlobal, Alison Cheek, Communication Manager, alison.cheek at eservglobal.com, T: +33-6-87-96-77-46, F: +33-1-46-12-77-49