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ECtel Appoints Itzik Weinstein as its President and CEO

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ECtel Ltd. (NASDAQ: ECTX), a leading global provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, has promoted Itzik Weinstein, Executive Vice President, Professional Services & Operations to serve as the company’s new President and Chief Executive Officer, commencing May 1, 2007 Itzik Weinstein will replace Eitan Naor who will be working with Itzik until June 30th, 2007 to facilitate smooth transition and assumption of responsibilities. [Read more…]

Digitel GSM Places a First Time Order for ECtel’s Revenue Management Solutions

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ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, has recently announced that Digitel GSM, a wireless operator in Venezuela, has placed a first time purchase order for ECtel’s Integrated Revenue Managementâ„¢ Solutions. The order includes ECtel’s revenue assurance solution RAP, FraudView® Release 8, and I-Probes® for real-time collection of network information. As part of the project, FraudView Release 8 is expected to replace an existing fraud management system of one of ECtel’s main competitors. The order is valued at over $1.7 Million. [Read more…]

ECtel Reports Strong Growth in Q4 and Full Year 2006

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ECtel, a leading global provider of Integrated Revenue Management solutions, has reported financial results for the fourth quarter ended December 31, 2006. Revenues for the fourth quarter increased five percent sequentially to $7.7 million, from $7.3 million in the third quarter; and up to 17 percent from $6.5 million in the fourth quarter 2005. [Read more…]

Portugal Telecom Places Order for ECtel FraudView

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ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, has recently announced that Portugal Telecom has placed purchase orders for ECtel’s next generation fraud detection and prevention solution, FraudView® Release 8. As part of the orders, ECtel will upgrade an older version of FraudView®. The orders are valued at over $2 Million. [Read more…]

ECtel Concludes its Participation in Israeli Office of the Chief Scientist R&D Grant Programs

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ECtel Ltd. (NASDAQ: ECTX), a leading global provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions has agreed with the Office of the Chief Scientist of the Israeli Ministry of Industry, Trade and Labor (“OCS”) to conclude its outstanding balance to the OCS which sponsored research and development grant programs for its FraudView® solution. [Read more…]

O2 UK Chooses ECtel Next Generation Fraud Detection and Prevention Solution

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ECtel Ltd. (NASDAQ: ECTX), a provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, has announced that O2, a leading mobile operator in the UK, has ordered ECtel’s next generation fraud detection and prevention solution, FraudView® Release 8. The new release was chosen because of its advanced capabilities and superior performance in handling high transaction volumes. [Read more…]

ECtel to Announce Fourth Quarter and Year-End 2006 Results

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ECtel, a leading global provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, will host a teleconference on Thursday, February 8th, 2007 at 10:00 am ET (09:00 am CT, 07:00 am PT, and 5:00 pm Israel time) to discuss its 2006 fourth quarter and year-end financial results, which will be released earlier that day. [Read more…]

ECtel Demonstrates Industry Leading Performance for a Revenue Assurance Solution on Sun Platforms Running Solaris 10

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ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, has announced that in a series of benchmark tests conducted in cooperation with Sun Microsystems its Revenue Assurance product RAP and IRMâ„¢ Product Framework have demonstrated industry leading performance and scalability, handling throughput of 2.2 billion transactions per day. The new level of application performance set by this benchmark will enable very large communication service providers to achieve enterprise-wide revenue assurance. [Read more…]

Wireless Operator in China Orders ECtel Revenue Assurance Solution

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ECtel Ltd. (NASDAQ: ECTX), a provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) revenue assurance solutions, has received an order for its revenue assurance solution called RAP. ECtel’s RAP revenue assurance solution will be implemented in the province of Zhejiang for one of China’s largest wireless operators in cooperation with Motorola China. [Read more…]

Wireless Operator in Eastern Europe Places Orders for ECtel Revenue Management Solutions

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ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, has received follow-on orders from a major wireless operator in Eastern Europe. The order was for its Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions. The deal is valued at over three and a half million dollars. This major wireless operator in Eastern Europe also expanded the use of the ECtel revenue assurance solution (which is an upgrade to FraudView® Release 8, and expanded network coverage. [Read more…]

ECtel Awarded FraudView Project from Telecom Namibia

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ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, has been awarded a project for the implementation of FraudView®, its fraud detection and prevention solution, from Telecom Namibia Limited. The contract totals $1.2 Million, and followed a successful pilot on live traffic. [Read more…]