Vodafone Iceland Selects FTS' Business Control & Billing Solutions


Business Control Layer Technology to Support Vodafone Iceland's current and future charging and billing needs

Herzliya, Israel | 5 June, 2007: FTS (LSE: FTS), a global provider of Business Control, Billing and CRM solutions for communications service providers, today announced that Icelandic operator Og Fjarskipti, trading under the Vodafone brand, will overhaul its billing system using FTS' Leap(tm) Billing and Leap(tm) Business Control Engine (Leap BCE) solutions, enabling next generation services with real time customer interaction.

Vodafone Iceland is a multi-play service provider, offering mobile, fixed, internet and data services. The company will use FTS' solutions as the platform to support all current and future charging, billing and real-time customer interaction needs as part of a renewal of its entire BSS environment under a Service Oriented Architecture (SOA) paradigm. In addition, FTS will be responsible for overall project migration.

The Leap solutions are based on Business Control Layer technology, which is a software layer residing alongside the network/OSS and BSS system.
Using Business Control Layer, Leap solutions allow operators to communicate with their customers in real-time, enabling new revenue opportunities and enhanced customer experience thus addressing the two key issues troubling operators today: revenue growth and retention.

"The solution from FTS is one of the most flexible, robust and cost effective solutions available in the market," said Gestur G. Gestsson, CTO, Vodafone Iceland. "We are impressed by FTS' ability to integrate its billing and business control solutions within SOA architecture. I believe this solution best meets our business and technical expectations."

"This vote of confidence by a leading provider like Vodafone Iceland clearly signals to the market FTS' technological superiority," said Norman Tutnauer, FTS' Vice President of Worldwide Sales. "Our Leap solutions address all the needs of converged communication service providers such as Vodafone Iceland, and support them as they continue to introduce advanced, next-generation services."

FTS was recently voted the 'Most Promising Company' at the prestigious
2007 TeleStrategies Billing and OSS World industry event. The award was presented to FTS as it was felt the company will have the biggest impact on the sector in the coming year.

About Vodafone Iceland
Vodafone Iceland is a multi-play service provider offering mobile phone, fixed, internet and data services. Vodafone Iceland focuses on the needs of its customers and offers a wide portfolio of products to both individuals and companies. Vodafone Iceland is a key player on the Icelandic telecom market and the Vodafone mobile network covers 98% of populated areas in Iceland as well as most of the main tourist areas.

Vodafone Iceland has a unique relationship with Vodafone Group, being the only single brand Vodafone company not owned by Vodafone Group.
Vodafone Group Plc is the world's leading mobile telecommunications company, with a significant presence in Europe, the Middle East, Africa, Asia Pacific and the United States through the Company's subsidiary undertakings, joint ventures, associated undertakings and investments.

For more information please visit www.vodafone.is and www.vodafone.com.

About FTS
FTS (LSE: FTS) is a leading 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 http://www.fts-soft.com/.

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