Helsinki, Finland and London, England – 4 November 2009 - Xtract today announced the GSMA has shortlisted the company for its innovative flagship social intelligence product, Social Links, for the Mobile Innovation Asia Grand Prix Award for the second year in a row. Social Links is used by mobile operators to help them gain more value from their customers through improved churn management and product marketing campaigns, as well as more targeted customer acquisition strategies. This year’s accolade demonstrates the evolution from the great vision behind Xtract’s product to real implementations that are currently achieving vastly improved marketing campaigns for mobile operators. The Mobile Innovation Grand Prix award showcases promising entrepreneurs from small and medium-sized companies bringing innovative new products and services to market.

“It’s been a big year for Xtract Social Links as it evolves to bring real innovation, especially in the areas of churn management and product marketing, to mobile operators from around the world,” said Timo Laaksonen, CEO at Xtract. “We have also made Social Links available as a service with improved graphical interfaces. The GSMA’s recognition is an even greater honour this year, as our product matures and achieves real results for operator marketing.”

Winners of the Mobile Innovation Grand Prix APAC Tournament will be presented at the forthcoming GSMA Mobile Asia Congress, which is taking place in Hong Kong, China from 18-19 November. Xtract will be present at the conference at booth MI11.