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dotMobi Announces Strategic Investment from Visa

dotMobi, a consortium to offer the first and only Internet address created for mobile phones, today announced that Visa International has made an investment in dotMobi and will have a representative on dotMobi's Board of Directors. This investment adds Visa to a consortium that already represents 13 leading mobile operators, network & device manufacturers, and internet content providers.

The addition of Visa to the range of dotMobi investors represents a vital addition to dotMobi's mobile "ecosystem" represented by dotMobi's investors. Visa brings to dotMobi extensive mobile commerce and payment capabilities, including solutions for contactless mobile payment, Over the Air (OTA) personalization, coupons and direct marketing.

"Visa's strategic alliance with dotMobi puts us at the forefront of working with mobile operators and technology providers to develop practical and achievable best practices for the delivery of enhanced mobile commerce services," said Patrick Gauthier, senior vice president, innovation, Visa International. "This alliance, coupled with our recently launched Visa mobile platform, positions Visa to advance the adoption of mobile services that provide convenience to consumers and value for those within the delivery chain."

Neil Edwards, CEO of dotMobi. "We're absolutely delighted to welcome Visa on board as our fourteenth investor. As always, our goal is simply to make the internet mobile. The addition of Visa to our company and to our board is the next step in making that a reality."

With more than 450,000 domains having been registered with dotMobi since the .mobi domain launched to the public in September and with mobile web sites going live on a daily basis, accessing the Internet on mobile phones is fast becoming a day-to-day reality.

About dotMobi

dotMobi

Headquartered in Dublin, dotMobi - a wholly owned subsidiary of Afilias Limited - is a worldwide leader in enabling the development & discovery of quality mobile content through innovative services, in turn helping businesses and individuals reach the world's billions of mobile phone users. dotMobi spurs mobile industry innovation by giving content providers the tools they need to ensure the Web will work on mobile phones with speed, accuracy and relevant content. (Learn More)

Related topics: DNS, Registry Services, Mobile, Top-Level Domains

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