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Rapid Link Signs Agreement to Acquire Telenational Communications

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Rapid Link, Inc. (OTC Bulletin Board: RPID.OB), one of the leading providers of Internet Phone services to niche markets like the military, today announced signing of the definitive Stock Purchase Agreement for the acquisition of Telenational Communications, Inc. The closing of the Telenational transaction is contingent upon Rapid Link’s receipt of necessary financing to complete the acquisition. The Company is working with a well-known investment banking firm to assist it in the fundraising process and has been in ongoing discussions with a number of potential investors. Rapid Link remains confident that it will secure the necessary financing on terms that are acceptable to it within the time period required to consummate the Telenational transaction.

“We are very excited to have cleared all of the major hurdles in finalizing this acquisition,” stated John Jenkins, CEO of Rapid Link. “We can now focus on closing the financing and combining the two entities. Telenational has consistently been net income positive over the past few years which will significantly improve our bottom line going forward.”

“Operationally, this is an ideal fit bringing together two competitors who both have expertise serving military personnel. We are able to further support that strengthened position with the availability of better products through Rapid Link’s new Sysmaster VOIP system,” commented Chris Canfield, President of Telenational. “I am very excited about the future of our new combined Company, and I believe that we will be recognized as one of the premier VOIP companies specializing in niche market opportunities.” [Read more…]

ACE*COMM Reports Improvements for Q3 2006

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ACE*COMM Corporation (NASDAQ:ACEC), a provider of advanced OSS, value-added services, and network business intelligence solutions, today reported financial results for the quarter ended March 31, 2006, the third quarter of its 2006 fiscal year. The Company reported revenues of $6.7 million for the quarter, which compares to $3.8 million for the comparable quarter of fiscal year 2005. Net profit for the quarter was $365 thousand, or $0.02 per share, compared to a net loss of $6.6 million, or $0.47 per share, for the same quarter in the prior year. [Read more…]

First Hop Appoints Keith Gibson as Chairman

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First Hop announced today that it has appointed industry veteran Keith Gibson as the company’s new Chairman. Keith’s appointment marks a period of rapid development for First Hop, as mobile operator interest in its business solutions continues to grow.

Keith Gibson, Chairman of First Hop said: “This is a very exciting time to join the Board of First Hop, as it moves into a new phase in its international growth and development. First Hop is proving to be really popular in fast growth markets, such as Asia. We are getting in at the ground level and becoming the focal point of operator business decisions. I look forward to being able to make a significant contribution to the growth of the company around the world.”

Keith Gibson has nearly three decades of experience in the telecommunications industry. He has been instrumental in developing profitable international strategies and leading management teams in Europe and the USA. He began his career at GPT/Marconi Ltd and went on to hold senior management posts at WSI, Fujitsu and Comverse Technology. As EMEA MD at Coherent Communications, Keith grew the business at a rate of 40% per annum. He currently serves on two boards and chairs a public service council. [Read more…]

TelstraClear Uses Intec Interconnect V7 to Enhance Growth and Profitability

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Intec Telecom Systems, a provider of business and operations support systems (BSS/OSS), announced today that TelstraClear a competitive service provider in New Zealand is deploying Intec InterconnecT v7, the latest generation of the world’s most powerful, flexible and reliable system for domestic, international and ITU-based billing and settlements.

TelstraClear, a wholly-owned subsidiary of Telstra, the largest operator in Australia, is New Zealand’s second largest full service telecommunications provider, and provides services to the New Zealand market, serving the business, government, wholesale and residential sectors.

TelstraClear Strategic Sourcing Manager Justin Brochocki said: “We selected Intec’s Interconnect v7 because of its experience in the international market. Intec has a proven track record in delivering turnkey solutions of a similar nature to ours. This was an important factor for us.”

InterconnecT v7 meets the functionality and performance requirements of a dynamic telecommunications market by dealing with both traditional and next-generation products and services in a single system, and with proven ability to handle national carrier traffic levels. InterconnecT v7 takes settlement to the next level by also supporting inter partner settlement for IP-based services offered over next generation networks. This includes multi-party settlement with a variety of enterprises such as content providers, for services such as Voice over Internet Protocol (VoIP), content downloads and multimedia messaging. [Read more…]

Convergys Wins Best Overall Company Award at Telestrategies’ Billing World 2006

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Convergys Corporation (NYSE: CVG), a leader in providing customer care, human resources, and billing services, announced today it has received the “Best Overall Company” award as part of the sixth annual Billing and OSS World “Excellence Awards” at Telestrategies’ Billing World 2006.

Billing World and OSS Today magazine established the Best Overall Company Excellence Award to recognize a company that has proven leadership in its respective market and has demonstrated market achievement and innovative product development. The award application required companies to list key clients, recent contract wins, and partnerships. Additionally, the application required companies to address specific implementations and how they met client requirements, challenges, third-party involvement, benchmarks, and implementation times, and how the solution improved the clients’ operations. [Read more…]

Telarix Extends Flexibility of iXTools with Support for Oracle

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Telarix, Inc., the leading provider of Interconnect Business Optimization (IBO) and settlement solutions for content providers, IP service providers and global fixed and mobile operators, today announced that iXTools will also be supported on Oracle Real Application Clusters 10g. Telarix now offers interconnect solutions designed to support a variety of hardware architectures and database systems.

Telarix’s iXTools(TM) is a powerful suite of software modules that enables carriers to reduce costs and increase profitability across their interconnect networks. By analyzing both revenue and cost information associated with telecom traffic in near real-time, carriers can optimize network routing and identify financial risks and opportunities while ensuring that every call is captured, rated and billed accurately. Three of the world’s five largest telecom providers depend on iXTools to optimize their interconnect business.

“Telarix is committed to addressing the interconnect challenges facing today’s carriers, regardless of their operating environment and database platform,” said Don Lynch, CEO of Telarix. “We are pleased to support Oracle and further extend the benefits of iXTools.”

Telarix recently introduced its next generation interconnect billing solution, iXBill. The innovative system ensures the entire interconnect billing process is fully tracked and captured, providing service providers an unprecedented view of their revenue streams while identifying critical financial trends. [Read more…]

MetaSolv Launches Configuration Management Product

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MetaSolv Software, Inc., a global leader in comprehensive operations support system solutions for next-generation communications service providers, today announced the introduction of MetaSolv Configuration Management, a new product offering designed to enable the consolidation of network control operations for next-generation multi-vendor networks. [Read more…]

MetaSolv Launches Subscriber and Service Management Product

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MetaSolv Software, Inc., a leader in comprehensive operations support system solutions for next-generation communications service providers, today announced the introduction of MetaSolv Subscriber and Service Management, a new product offering that enables service providers to benefit from a single consolidated view of subscribers and end-to-end services. [Read more…]

MetaSolv Introduces Time-to-Market OSS

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MetaSolv Software, Inc. a leader in comprehensive operations support system solutions for next-generation communications service providers, today introduced Time-to-Market (TTM) OSS, leveraging MetaSolv’s Provisioning 5 solution. [Read more…]

Tech Mahindra Completes Deployment of RateIntegration’s PriceMaker Enterprise Pricing Server

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Tech Mahindra (formerly known as MBT), a leading India-based IT services provider dedicated exclusively to the telecommunications industry, announced the implementation of its Adjunct Rating solution at Fastlink, in Amman, Jordan. Developed on RateIntegration’s PriceMaker(tm) Enterprise Pricing Server product, the solution has reduced time-to-market for new services, reduced operational costs, and improved the flexibility of the entire billing process for Fastlink.

Fastlink, owned by MTC, a leading Middle East mobile operator, commands more than 70% market share in Jordan and has over 1.8 million subscribers. Post de-regularization, faced with aggressive competition from the new operators, Fastlink needed to find ways to retain their subscriber base with new products and acquire new subscribers. To increase its flexibility to launch new products, services and improve the overall operational effectiveness of its existing investments, Fastlink was looking for a convergent rating and billing solution. [Read more…]

Intec launches Intec CEMS

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Intec, a supplier of BSS/OSS solutions to the global telecom industry, announced today the availability of the new Intec Centralized Error Management System (Intec CEMS). Using Intec CEMS, service providers can cut revenue losses by dramatically reducing error volumes, lowering the costs of managing errors, and recovering revenue from unbilled usage and service order errors. One major carrier using Intec CEMS recorded a 90% reduction in its aged error write-offs and a 60% reduction in its error volumes. The product has already been short listed for an award, in the Best New Product category of the TeleStrategies 2006 Billing & OSS World Excellence Awards for Achievement in Innovation.

“We’re very excited to be bringing such a strong new product to the market, particularly one that has a proven track record in major carrier environments,” said Intec CEO, Kevin Adams. “It helps solve a real, profit impacting problem for any carrier, and its centralized approach is particularly relevant as next-generation services become more complex and more valuable.”

Intec CEMS addresses a common but increasingly costly problem for carriers: errors between the services supplied to or ordered by customers, and what customers are actually billed for. Intec CEMS has been proven in Tier 1 carrier production environments where on average 90% of all incoming errors are applied to case logic or corrected automatically within Intec CEMS without user intervention. Correcting errors automatically allows carriers to avoid the revenue loss associated with errors that go undetected, uncorrected, or allowed to age to uncollectable status. [Read more…]

ACE*COMM Announces N*VISION2 Hyperconvergent Mediation Platform

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ACE*COMM Corporation (NASDAQ:ACEC), a provider of advanced OSS, value-added services, and network business intelligence solutions, has announced that it will officially launch N*VISION(R)2 (NV2) at the TeleStrategies Billing & OSS World 2006 conference in Miami Beach, Florida, May 3-4. NV2 is the next generation of ACE*COMM’s award winning convergent mediation solution, which has evolved dramatically to meet the demands of carrier’s mediation and collection environments. NV2 uses advanced technologies and techniques to control, moderate, and facilitate the interactive communication between multiple network technologies and software support systems, without sacrificing support for critical legacy network and infrastructure investments.

“NV2 is the industry’s first hyperconvergent platform,” said Chris Couch, ACE*COMM’s Chief Marketing Officer. “Our established service provider customers want to take advantage of new network technologies without sacrificing existing OSS infrastructure. They want to tap into new services like MMS, phone-based gaming, IPTV, and VoIP to increase revenues, expand market share, and increase customer loyalty – while still extracting returns on their existing network investments. NV2 was developed with these challenges in mind.”

Based on core ACE*COMM technology and expertise, the NV2 product suite enables the flow of information in hyperconvergent environments by removing traditional application barriers that delay or even prevent the incorporation of new products and services. NV2 uses advanced technologies and techniques for the simultaneous and multi-directional flow of information. It supports the service provider’s legacy network investment while allowing the full exploitation of new service and technologies. [Read more…]

Telenet Deploys Formula Telecom Solutions’ Next Generation Leap Business Control Engine

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Formula Telecom Solutions, Ltd. (LSE: FTS – News), a provider of Business Control, Billing and CRM solutions for service and content providers and the telecom industry, has announced that Telenet, Belgium’s largest provider of broadband services, has deployed FTS’ Leap Business Control Engine (Leap BCE(TM)) to perform real-time business control and rating of multi-play services. Using Leap BCE, Telenet can easily launch new services and formulate strategic business rules for dynamic, real-time responses to both service and subscriber-related events.

Leap BCE is a robust business rule engine capable of capturing, analyzing, and taking action on real-time events generated by subscribers, the network, and other solution components. It enables provider personnel to define, deploy, and manage new services through its simple-to-use GUI, without the need for new code. The product is a true multi-play platform capable of integrating simultaneously with various networks like wireline, wireless, mobile, cable, and IP, providing cross-product service plans. [Read more…]

Argent Networks Acquires Australian Telecommunications Solutions Company Integration Management

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New Zealand technology and telecommunications company Argent Networks announced today that it has acquired Australian telecommunications solutions company Integration Management. As an operational support system (OSS) provider, Integration Management (IM) provides revenue assurance and settlement solution software to some of the largest telecommunications carriers in Australia, Asia, the Middle East and theUnited States including AAPT, Telecom NZ, Celcom of Malaysia, PLDT of the Philippines, and Indosat of Indonesia. With offices in Sydney, Singapore and Denver, Colorado, IM has a strong reputation for its technologically advanced products like in>Bill in the voice interconnect, content management and wholesale verification categories.

Argent already has a number of blue-chip clients in the Australian and New Zealand market, including Telstra and Virgin Mobile. Chris Jones, CEO of Argent Networks, says that the IM acquisition gives Argent an immediate footprint into other global markets particularly parts of Asia Pacific and the United States. “For Argent, the IM deal means we can continue grow exponentially faster in keyglobal telecommunications markets in Asia as well as expand our existing customer base throughout other parts of the world such as the Middle East where Argent is already a dominant player.” [Read more…]

Helio Mobile Service Launched

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HELIO LLC, a new mobile service designed for young, connected consumers, has announced its immediate nationwide availability through helio.com, 888-88-HELIO and through approximately 1,000 retail locations by the end of May.

“Helio is custom-built for the lifestyle of young people who have their mobile device at the center of their universe,” said Sky Dayton, CEO HELIO LLC. “Mobile devices are with us all the time and they shouldn’t be limited to making calls, sending text messages and downloading content. With Helio, mobile is about staying connected in innovative ways where sharing your world includes content like videos and games, or unique personalization that you know your friends will love. These are things that have been happening on the Internet for years, but haven’t been taken mobile – until now.”

Helio’s service leverages the power of 3G plus the multimedia features of its exclusive launch devices – Hero and Kickflip™ – to give its members unique community features like MySpace on Helio, gifting and begging of content, group picture and video messaging, and dynamic news feeds to keep them connected to friends and information in new, unique ways. [Read more…]

Telarix to Showcase iXBill Next Generation Billing Solution at Billing and OSS World 2006

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Telarix, Inc., the leading provider of Interconnect Business Optimization (IBO) and settlement solutions for content providers, IP service providers and global fixed and mobile operators, today announced it will be exhibiting its next generation interconnect billing solution as well as presenting with Deutsche Telekom’s ICSS at Billing and OSS World 2006. The conference is being held May 2-5 at the Miami Beach Convention Center.

iXBill(TM), one element of Telarix’s comprehensive revenue assurance solution, is a robust and highly flexible interconnect billing system that allows carriers to eliminate revenue leakage by ensuring that every call is captured, rated and invoiced correctly. Unlike many of the billing-only focused interconnect solutions available in the market today, iXBill is integrated with other key carrier business functions including agreement management; route optimization; pricing; and audit and reconciliation. This level of sophistication ensures that all billable activities are accurately captured, rated and billed while allowing service providers to support a variety of agreement types and rating scenarios including the multi-party settlements and sophisticated revenue sharing partnerships common in today’s dynamic voice, data, and IP interconnect market. [Read more…]

Intec Telecom Systems PLC – Trading Update

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Intec Telecom Systems PLC, a supplier of billing software solutions to the global telecoms industry, announces that it expects to be able to report its results for the six months ended 31 March 2006 within the range of market expectations, before expected adjustments resulting from International Financial Reporting Standards (IFRS). [Read more…]

ACE*COMM Executives to Present at AeA Micro Cap Financial Conference

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ACE*COMM Corporation (NASDAQ:ACEC), a global provider of advanced OSS, value-added services, and network business intelligence solutions, today announced that its CEO, Mr. George T. Jimenez, and CMO, Mr. Chris Couch, will be presenting at the 8th Annual AeA Micro Cap Financial Conference on May 8, 2006. The Conference is focussed on technology companies with under $200 million in annual sales or market capitalization. Mr. Jimenez and Mr. Couch will discuss the Company’s recent successes, new market directions, and global growth strategies. [Read more…]

Intec Billing Wins Billing Deals in Asia-Pacific, including Convergent Billing Singl.eView Contract

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Intec, a BSS/OSS software vendor for fixed, mobile and next-generation networks, announced today that its Asia Pacific operation has recently secured two key contract wins, both with new, high-profile customers, that are expected to substantially enhance Intec’s visibility in the countries and regions concerned, and have a multimillion dollar total value. [Read more…]