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Balderton Capital
Date.
15 September 2005
Publication.
News
Author.
Balderton

NewBay Software Opens US Headquarters in Bellevue, Washington

NewBay Software, the leader in mobile community applications, has opened an office in Bellevue, Washington to service the company's growing client base in North America. Timo Bauer, recently appointed Director of Business Development, will head up NewBay's North American operation.

NewBay has already established a strong presence in the region with customers in the USA and South America, including T-Mobile USA and SETAR NV. Commenting on NewBay's expansion, Paddy Holahan, CEO said, 'We are delighted to be expanding our operations in North America. This market is strategic for NewBay and establishing a local base will accelerate our growth plans for the region. Our US office will provide on the ground support for our current client base while identifying new business opportunities to grow our market share.'

'This is a great time to be expanding in this region. US Wireless carriers are embracing new applications as they look to offer value add services to both retain subscribers and increase revenue. NewBay's proven success in the region provides a strong base to grow our business amongst carriers and new market segments,' said Timo Bauer, Business Development Director at NewBay Software.

About NewBay Software

NewBay Software, a leader in mobile community applications, develops products and services to create dynamic communities based on new mobile media technologies. NewBay's mobile applications include the award winning FoneBlog, the world's first mobile blogging solution and FoneShare, an addictive application for legal mobile content superdistribution. NewBay sells to mobile operators worldwide enabling them to increase messaging, data and content revenue, strengthen customer loyalty and build viral, fun mobile communities. Customers include T-Mobile USA, O2 and SETAR NV. NewBay Software is based in Dublin, Ireland. NewBay was founded in 2002 and is privately held. Investors include Benchmark Capital.

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