Tanla Solutions Ltd, the leading provider of Mobile Payments and License
Management, today announced that it has signed a 5 year frame agreement with
Nokia, the largest handset manufacturer, covering License Management, Mobile
Payments and related professional services.
Tanla`s License Manager product, for rights management of applications and
software on mobile devices, has already been installed on a hundred million
Symbian based devices. License Manager seamlessly integrates application rights
management and payments, enabling in-application billing, try before you buy,
subscription and many other business models on the handset. Tanla will expand
License Manager from Symbian devices also to other platforms. .
"The adoption of Smartphones is a key driver for the consumption of Applications
and Content on the handset, Nokia being the clear market leader in the smart
phone segment and the largest handset manufacturer, makes this agreement very
significant to Tanla." commented Uday Reddy, Chairman & Managing Director, Tanla
Solutions.
Tanla will also be providing Nokia its Mobile Payment service to enable on
device transactions. Tanla enables transactions in 160 countries through Mobile
Operator and Credit Card billing. Tanla`s mobile payment service is used by a
number of leading Software Vendors, Application Developers and Content Providers
to enable secure transactions on the handset in order to monetize their content
and services worldwide.
"This agreement further highlights our strong track record in processing secure
transactions on the handset and our position as a trusted supplier of mobile
payment services. Through a single integration with Tanla, application
developers can monetize their services in 160 countries through operator and
credit card billing" added Uday.
About Tanla
Tanla Solutions Ltd is a leading provider of license management and on-device
payment solutions for mobile applications. Tanla`s license management solution
is used by leading Handset Vendors, Application Developers and distributors to
enable in application and on device payments as well as to enable business
models like try & buy, subscriptions and other business models on the handset.
Tanla is listed on the BSE & NSE stock exchanges in India. For more information
on Tanla, go to www.tanla.com.
