ECtel Enters Into a Master Supplier Agreement With a Leading US Wireless Company
25 February 2006
ECtel Ltd. (NASDAQ: ECTX), a leading global provider of Integrated Revenue Management(TM) (IRM(TM)) solutions, today announced that it has entered into a Master Supplier Agreement and received a first-time order for ECtel's revenue assurance process control solution, RAP, from one of the leading wireless companies in the US.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/FLTU015LOGO )
The leading wireless company is one of the largest wireless companies in the world for voice, data, and access to content. ECtel's recently acquired field-proven solution, RAP, provides an automated revenue assurance platform that facilitates cost-effective assurance of revenues and processes.
The order follows a comprehensive product evaluation and a proof-of-concept conducted on live traffic. The proof-of-concept using RAP was successfully completed within only a few weeks. ECtel will be implementing RAP's Key Performance Indicators, specifically designed for the mobile industry, across several of the operators markets and will be supporting the business analysis of billions of transactions per day.
"We are very enthusiastic for being selected by an outstanding world leader to provide an enterprise revenue assurance solution", said Mr. Eitan Naor, President and CEO of ECtel. "North America is an advanced and important market for us, and this key transaction increases our footprint in this significant market".
About ECtel
ECtel (NASDAQ: ECTX) is a leading global provider of Integrated Revenue Management(TM) (IRM(TM)) solutions for communications service providers. A pioneering market leader for over 15 years, ECtel offers carrier-grade solutions that enable wireline, wireless, converged and next-generation operators to fully manage their revenue and cost processes. ECtel IRM(TM) Product Suite features the world-leading fraud and revenue assurance products, FraudView(R), RAP and CashView(R), that minimize operator revenue leakage across networks and operations support systems (OSSs). ECtel serves prominent tier one operators, and has more than 100 implementations in over 50 countries worldwide. Established in 1990, ECtel maintains offices in the Americas, Europe and Asia Pacific. For more information, visit http://www.ectel.com
Certain statements contained in this release contain forward-looking information with respect to plans, projections or future performance and products of the Company, the occurrence of which involves certain risks and uncertainties, including, but not limited to, execute a growth plan, the ability to recognize revenue in future periods as anticipated, the possible slow-down in expenditures by telecom operators, the unpredictability of the telecom market, product and market acceptance risks, ability to complete development and market introduction of new products, the impact of competitive pricing and offerings, fluctuations in quarterly and annual results of operations, dependence on several large customers, commercialization and technological difficulties, risks related to our operations in Israel and other risks detailed in the Company's annual report on Form 20-F and other filings with the Securities and Exchange Commission. ECtel undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contacts:
ECtel Ltd. ECtel Ltd.
Ron Fainaro Danit Hakimian
Senior Vice President and CFO Investor Relations Coordinator
Tel: +972-3-9002102 Tel: +972-3-9002113
Fax: +972-3-9002103 Fax: +972-3-9002103
Email: Ronf@ectel.com Email: Danith@ectel.com
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Articles
|
