Danish software fledgling Excitor, a company that develops and markets Dynamic Mobile Exchange (DME), a mobile client/server solution that gives mobile workers a push e-mail solution for mobile devices based on Symbian, Windows Mobile and Java mobile phones, aims to become a significant global player in mobile device software.
Preben Damgaard, former co-owner of Navision which was sold to Microsoft for USD 1.3 bn in 2002, and member of the board of Excitor, says the company has the potential to pass DKK 1 bn (USD 190 m) in revenues and value:
"Our plan is to make this company a large, international player in a very important niche. And we have a great pool of knowledge and experience in the board to give the company the necessary credibility."
Based on a partnership with IBM, Excitor plans to venture into Europe and later into the global market. The firm is currently looking for global collaboration partners to launch its solutions.
Torben Haase, managing director of Excitor, says: "With our solution, a company can take full control of all its mobile units among its staff. Should a mobile phone be lost or stolen, the company can delete all content on it the next time it is switched on."
Excitor was founded in 2001 and is based near Copenhagen. The company has more than 30,000 users of its solution in the Nordic business market. Customers include Arla Foods, Ernst & Young and Sterling. The news was reported by national daily newspaper Berlingske Tidende.