MetraTech Corp., the leading provider of Web Services-based billing, customer self-care and partner management, has announced that for the third consecutive year, the company has been nominated as a finalist for a prestigious World Billing Award. The winners will be announced at IIR’s Billing & Information Management Systems 2007 conference in London next week.

The MetraNet deployment at Telus, a leading national telecommunications company in Canada, is nominated for Best Billing/Charging Implementation. TELUS is among the first customers to fully deploy MetraNet version 5.0, released in 2006. MetraNet’s dynamic business modeling capabilities support complex customer and service relationships that the system user can tailor intuitively to match how business organizations configure themselves. MetraNet’s ability to dynamically adapt to innovative business models gives system users a unique competitive advantage. For Telus, this can provide a significant advantage in the pursuit of large, complex corporate accounts.

The nomination follows MetraTech’s victories in two categories at the World Billing Awards in 2005 and a further win in 2006. The latest nomination caps both a successful year for the company, and underlines its position as the unique player in the billing market.

Hugh Roberts, consultant director of BSS/OSS events at IIR Telecoms and chairman of the Judging Panel previously noted that the award judges believed that MetraTech’s “metadata-driven approach represents a significant development in billing methodology and is highly compatible with the evolving role of billing systems to cover end-to-end financial transaction management.”

Commenting on the 2007 Award nomination, MetraTech chief executive officer Scott Swartz said: “To gain industry recognition – for the third year running – from a panel of our peers and experts underlines MetraTech’s continuing progress. Although we feel the story is just beginning, it’s gratifying that Dynamic Business Modelling is already so clearly recognised as a fundamental shift in the way both business, and billing, problems are addressed.”

Swartz concluded: “Communications companies like Telus have to stand out from the crowd. To do this, they require Business Support Solutions that give them a real differentiator. That’s why MetraNet users, year-in and year-out, are at the top of the Awards lists. They’re getting results.”

About MetraTech
MetraTech Corp. provides the leading Web Services-based solution for billing, customer self-care, and partner management. MetraNet, MetraTech’s modular flagship platform, empowers customers to invent new business models and enhance collaboration among IT, business groups and subscribers. MetraTech offers a variety of delivery options ranging from licensing to outsourcing. Headquartered in Boston, MetraTech has offices in San Francisco, Frankfurt, Paris and London. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Vesbridge Partners (formerly St. Paul Venture Capital), Meritech Capital, Bessemer Venture Partners and Lucent Venture Partners. For more information, please visit www.metratech.com.