Popular Baltic portal Fortumo.com breaks into Russian market
After the launches in 29 countries over Europe and Asia Pacific, Fortumo welcomes Russia into its mobile payment coverage.

ESTONIA December 12, 2009 /24-7PressRelease/ -- Fortumo.com, the leading SMS-service platform in the Baltic States, which has already gained wide popularity across the Eastern Europe and Asia, is entering the Russian market. Starting from today SMS-payment service is available in 30 countries.

"The purpose of Fortumo is to help companies and projects in discovering new markets without any risk", - says CEO Fortumo Martin Koppel. "Our clients from the Baltic and the Balkan region were always interested in Russia and the launch of this country was one of our priorities", - adds Koppel.

Besides mobile payment, Fortumo provides everyone a possibility to simply create SMS-services without any technical background. Basic services are designed for ordinary users with no programming skills, while advanced services enable large IT projects to benefit from multi-country service, full control over the payment process and easy integration with any software.

"Typical Fortumo users are gaming, social, information and entertainment portals, as well as radio stations, night clubs, small newspapers and advertising agencies. The total number of customers will soon reach 33 thousand" - says Koppel.

Joining Fortumo is free of charge, depending on the country customer earns 40-60% from the price of the sent message. In order to attract more users a new website was opened at http://www.smsfortumo.ru.

About Fortumo: Fortumo is an open mobile platform, offering developers and entrepreneurs the opportunity to create revenue-generating SMS-applications without any cost. With ready to use solutions, there is no need to complicated setup and additional technical knowledge. Fortumo services are available in 30 countries, which makes the market with more than a billion mobile subscribers available to everyone. Fortumo Ltd is a division of Mobi Solutions Ltd, Baltics' leading mobile value-adding service developer and provider.

Media contact: Yichun Liu
yichun.liu@fortumo.com
+372 58125339

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POHAN CHANG
Fortumo.com
Head of Asia Pacific
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Tartu, Tartumaa
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