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Nexia Smith & Williamson provides reporting accountant services and tax advice in Mobestar AIM admission

6th June 2006

Mobestar Holdings plc, a specialist provider of mobile video-based applications and services, has been admitted to AIM.

A team made up of David Hunt, Natasha Lee and Marco Bragazzi of Nexia Smith & Williamson acted as reporting accountants, with Andrew Wilkes, Kiki Stannard and Mark Eade acting as tax advisers.

David Hunt, an assurance and business services director at Nexia Smith & Williamson, said: “We’re delighted to have acted for this young company at what is an exciting time in its development. We’re looking forward to further consolidating our relationship with Mobestar having been appointed as auditors and after establishing option schemes for the company.”

Mobestar’s services and products help companies to deliver interactive mobile entertainment and other video-based services to consumers via video mobile technology over 2.5G and 3G networks.

By coming to AIM the company intends to raise its customer profile, with a view to competing with larger companies. It initially plans to develop income streams from two sources: the production and delivery of a mobile video dating service for mobile network operators and dating agencies, and the supply of picture and video content to third parties or direct to consumers’ mobile phone handsets.

For further information, contact:
David Hunt is an assurance and business services director at accountants and financial advisory group Smith & Williamson
Tel: 020 7131 4477
Email: david.hunt@smith.williamson.co.uk

Disclaimer
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.

Contact:

Press office
Layisha Laypang, tel: 020 7131 4550
Kate Harrison, tel: 020 7131 4228

Note To Editors:

Smith & Williamson is an independent professional and financial services group employing over 1,200 people. The group is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices and mid-size corporates. It operates from offices in London, Belfast, Bristol, Glasgow, Guildford, Salisbury, Southampton, Tunbridge Wells and Worcester. Nexia Smith & Williamson is the audit practice of Smith & Williamson and is an independent company.

Smith & Williamson Limited
Regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia International.

Nexia Smith & Williamson Audit Limited, trading as Nexia Smith & Williamson
Registered to carry on audit work and regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia International.