FTS Selected as Official Billing Partner by Major Chinese Intelligent Networks Vendor
Third high-profile vendor to choose FTS as its preferred billing partner
Herzliya, Israel | March 6, 2007: FTS (LSE: FTS), a global provider of Business Control, Billing and CRM solutions for communications service providers, has been selected as an official billing partner of one of the world's leading providers of next-generation telecommunication networks.
This global deal has the potential of making FTS' Leap(TM) Billing solution available to over half of the world's top 50 mobile operators, who in turn serve over one billion users worldwide, or one in six of the world's population.
The joint solution is tightly integrated and enables network, service and payment convergence. FTS' Leap Billing brings unique capabilities by enabling providers to charge in real-time for any type of service - voice, video, data, content, etc. It delivers a true pre/postpaid converged solution comprising of fully integrated CRM and billing, offers unlimited flexibility, and unprecedented time-to-market for new communication services.
The recent release of Version 4.0 of Leap Billing introduced a superior Online Charging Engine which combines highly flexible charging and Business Control capabilities, with the most demanding performance and robustness required from Prepaid IN systems. FTS' Business Control layer supplements the Online Charging Engine by handling events from a business stand point, not just charging them, hence allowing the service provider to explore new revenue opportunities while increasing customer satisfaction.
"This is a very important addition to our list of partners," commented Yair Sakov, Vice President Marketing and Business Development, FTS.
"Being chosen by three of the leading Intelligent Networks vendors validates our approach and complements our direct sales channel.
Leveraging the power of their respective sales forces, our partners are driving FTS solution to service providers worldwide."
For more information please visit www.fts-soft.com.
About FTS
FTS (LSE: FTS) is a provider of Business Control, Billing and CRM solutions for communications service providers. FTS pioneered the Business Control Layer market and is the leading player in the space. By analyzing events from a business standpoint rather than just billing them, FTS allows providers to better understand their customer base and leverage business value from every event and interaction. FTS deploys its full range of end-to-end, stand-alone and add-on solutions to customers in over 40 countries and has implemented solutions in wireless, wireline, cable, content and broadband markets including multiple cross-network installations. Serving the evolving needs of both traditional and next generation service providers, the company's operations comprise four international R&D locations and strategically-located sales support offices worldwide. FTS is one of EMEA's fastest growing technology companies, consistently earning a place within the Deloitte Technology Fast-500 EMEA listing. For more information please visit www.fts-soft.com/.
