Market briefs: Moore, Global Health, eServGlobal

Moore swings axe on 25 per cent of staff; Global Health signs e-health contract with Monkey Software; eServGlobal announces mobile money deal in Syria

Moore to cut 25 per cent of staff in downsizing

Business-to-business services company Moore Australasia (ASX:MOV) has announced it will let go of 25 per cent of its staff in a downsizing effort.

The company, which provides services including e-commerce, enterprise IT integration and print logistics, has decided to restructure its business following the loss of its major customer, Tabcorp.

As part of the restructuring Moore will also combine the CEO and CFO roles, and has reduced the number of directors on the board to three from four.

MOV shares stayed flat on Tuesday at $0.027.

Global Health scores e-health deal

Australian e-health solution provider Global Health (ASX:GLH) has revealed it has been chosen to provide its secure message delivery, ReferralNet, to Monkey Software.

Monkey Software will use ReferralNet in the Optomate practice management software it develops for its more than 1000 clients in the Australian optical industry.

ReferralNet will come bundled with the next version of Optomate, which will ship to both existing and new customers. GLH shares fell 6.25 per cent to $0.030 in Tuesday's trading.

eServGlobal in Syrian mobile money trial

Telecom software vendor eServGlobal (ASX:ESV) has announced a deal to provide mobile money services using its PayMobile solution to subscribers of middle east operator Syriatel.

Syriatel, an existing eServGlobal customer with some 6.4 million subscribers, will offer the services on a trial basis pending official approval from Syrian authorities.

The operator is already using PayMobile to handle mobile credit recharging. ESV shares declined 1.43 per cent during Tuesday's trading.

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Tags mobilerestructuringeservglobalmarket briefsGlobal HealthSyriaTelPayMobileMoore AustralasiadownsizeMonkey SoftwareReferralNet

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