Portugal Telecom (NYSE: PT) and VeliQ today announced a commercial partnership whereby Portugal Telecom will offer VeliQ's mobility Platform as a Service solution (mPaaS?) to its customers in Southern Europe, Brazil, Latin America and Africa.

Portugal Telecom will offer the VeliQ mobility Platform as a Service globally, through its state-of-the-art hosting Data Center in Covilhã, Portugal.

"The innovation that VeliQ has delivered allows us to offer our customers a world-class enterprise mobility solution in a cost effective fashion," added Miguel Moreira, Managing Director of Portugal Telecom Sistemas de Informação. "Our customers are asking for cloud-based mobility solutions and as of today, we can offer them a complete mobility Platform as a Service."

Leveraging SAP's industry leading Afaria© mobile device management engine and SUP, SAP's Mobile Application Development Platform, VeliQ's mPaaS provides users a highly scalable, multi-tenant, SaaS based solution for mobile device management, application management, content management, security, development and deployment of mobile applications. Additionally, VeliQ's mPaaS incorporates into one unified console the means to integrate corporate back end systems such as Active Directory or enterprise data to provide complete mobility enablement.

"Organizations are increasingly recognizing that an enterprise mobility platform does not have to be provided as a cumbersome on premise solution," said Alex Bausch, founder and CEO of VeliQ. "While employees continue to demand the ability to bring their own devices to the workplace, IT departments need a powerful, yet easy to deploy and use system for securing mobile devices, develop applications and distribute content. This allows companies to focus less on managing devices and instead focus more on enabling their mobile workforce."

This announcement is the latest in a series of significant technology and go-to-market partnerships that continue to validate and reinforce VeliQ's ecosystem approach to accelerate, innovate and integrate in the cloud-based enterprise mobility market. This ecosystem approach allows VeliQ's partners to provide their customers the most complete, best-of-breed mobile technologies in an easy to use SaaS model.

About PT

Portugal Telecom is a global telecommunications operator with 100 million clients worldwide. In Portugal, where it holds a leading position in the markets in which operates, PT provides a wide portfolio of telecoms, multimedia and IT and fixed and mobile services, including broadband access, voice and television, acting in all segments of the telecommunications sector: personal, residential, enterprise solutions and wholesale. Portugal Telecom assumes itself as the leading Portuguese telecoms operator with a wide and solid international presence, particularly in Brazil and Africa. PT has a diversified business portfolio in which quality and innovation are key aspects, aiming at positioning PT as a leading edge operator in the international arena. Fore more information, visit: www.telecom.pt

Portugal Telecom is listed on the Euronext and New York Stock Exchange, through a full listing of its ADR program, and is present in the reference Portuguese index and in the benchmark sustainability indexes, DJ Sustainability and FTSE4GOOD. Information about the company is available in Reuters via the code PTC.LS and PT and in Bloomberg via the code PTC PL.com.pt

About VeliQ

VeliQ delivers the only enterprise mobility Platform as a Service (mPaaS?) solution for true mobility enablement. Described by IDC as "relevant and unique," VeliQ's mPaaS? offers industry leading cross- platform mobile device management, application management, content management, and security as well as back-end integration in one unified console. With VeliQ's mPaaS?, end-users receive a highly scalable, multi-tenant, enterprise-grade mobility enablement platform that can be deployed in minutes and is currently implemented via our partners in over 60 countries across pharmaceutical, public sector, airline, financial, retail and apparel sectors. VeliQ is headquartered in the Netherlands, with offices in the United States, UK, Denmark and Germany. For more information, please visit www.veliq.com.

Portugal Telecom
Miguel Moreira, +351.96.8577576
miguel-n-moreira@telecom.pt
or
VeliQ
Sylvana Piek, +31(0)6-43854458
spiek@veliq.com
or
Sniper Public Relations on Behalf of VeliQ USA
Patrick Farrell, 603-420-8828
pfarrell@sniperpr.com