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FBC Securities Limited - First African Brokerage Firm to Distribute Blue(TM)


News provided by

JSM Wireless UK PLC.

Apr 12, 2011, 03:00 ET

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LONDON and HARARE, Zimbabwe, April 12, 2011 /PRNewswire/ --

- Blue(TM) Available to Customers of FBC Securities in Zimbabwe

JSM Wireless UK PLC. ("JSM"), a global provider of mobile financial software, announced today that it has signed an agreement with FBC Securities Limited in Zimbabwe ("FBC") to distribute its financial application, Blue(TM) to its customers effective immediately.

Blue(TM) is a mobile financial software application that provides users with free, streaming, real-time data from global financial markets including stocks, mutual funds, currencies, commodities, financial futures, oil and precious metals markets, together with extensive coverage of breaking business news.

"We are delighted to be partnering with FBC, the first ever African brokerage firm to distribute Blue(TM). Having understood the opportunity presented by mobile, FBC realizes that Blue(TM) reinforces its customer proposition by providing a unique value added service setting it apart from competitors. FBC will provide its customers with the opportunity to not only view local African exchanges, but also real-time prices from New York, London and over 160 other global markets, including currencies, gold and oil, all on one screen", stated Niloo Kassam, SVP Global Marketing at JSM. Kassam continued, "This announcement is particularly significant as it represents our entrance into the important African marketplace."

Agrippa Mugwagwa, FBC e-Commerce Director, Zimbabwe, replied, 'The application Blue(TM) is consistent with our strategy of extending convenience in the financial services space through virtualisation across multiple delivery channels. We are taking advantage of the high mobile and data penetration rate in Zimbabwe to reach current and prospective customers with a wider array of financial services, from ordinary transactions to equities. We find Blue(TM) a timely innovation which will deliver immense value to new and existing investors.''

Blue(TM) is available for partners: Banks and Brokers, Mobile Network Operators, handset manufacturers and store operators around the world to market now. It offers timely access to those who need to track their investments in real-time and at the same time allows partners to provide a value added service to their high value customers.

About FBC Securities (Private) Limited

FBC Securities is a wholly owned subsidiary of FBC Holdings Limited, a diversified financial services group with interests in commercial banking, stock broking, mortgage and reinsurance services. For more information, please visit http://www.fbc.co.zw/

About JSM Wireless UK PLC

JSM Wireless UK PLC is a UK holding company for a group of companies whose shares are listed on the Frankfurt Stock Exchange Open Market. Its flagship software application, Blue(TM), enables bankers, brokers, dealers, fund managers, financial advisors, accountants, lawyers, retail investors and anyone exposed to financial markets to view high quality streaming market data over mobile devices. For more information, please visit http://www.jsmwireless.com.

For media enquiries, please contact Natasha Malook on +44(0)207-368-3382 or by e-mail at [email protected]

SOURCE JSM Wireless UK PLC.

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