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Bulgarian Wireless Operator M-Tel Places a Follow-on Order for ECtel's Revenue Assurance SolutionROSH HA'AYIN, Israel, April 18 /PRNewswire-FirstCall/ -- ECtel Ltd. , a leading provider of Integrated Revenue Management(TM) (IRM(TM)) solutions, today announced that the leading Bulgarian mobile operator M-Tel has placed a follow-on order for ECtel's revenue assurance solution RAP version 5. (Logo: http://www.newscom.com/cgi-bin/prnh/20010807/FLTU015LOGO ) M-Tel is the national market leader with 52.5% market share. With more than 4.3 million customers it is the biggest telecommunications network in Bulgaria and one of the most successful mobile operators in Europe. The operator became the first to start EDGE, UMTS and WiMax networks in Bulgaria and the fifth in the world to start a HSDPA network. RAP is ECtel's innovative revenue assurance platform facilitating cost-effective and proactive assurance of revenues and processes for wireline, wireless, and next generation IP, multimedia and IPTV providers. It provides a unique set of functionalities and capabilities and enables operators and system integrators to implement system interfaces, define Key Performance Indicators (KPIs), add or update revenue assurance KPIs, controls and more. "We are very pleased that M-Tel has chosen to implement our latest revenue assurance solution RAP version 5" commented Mr. Eitan Naor, President and CEO of ECtel. "This order demonstrates the strategic benefits operators see in our products and the great long-term relationship we maintain with our customers.". About ECtel ECtel 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) and RAP, that minimize operator revenue leakage across networks and operations support systems (OSSs). 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, the reoccurrence of sales to existing customers, 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. Ron Fainaro Executive Vice President and CFO Tel: +972-3-9002102 Fax: +972-3-9002103 Email: [email protected] ECtel Ltd. Dana Rubin MarCom Manager Tel: +972-3-9002656 Fax: +972-3-9002103 Email: [email protected] Photo: http://www.newscom.com/cgi-bin/prnh/20010807/FLTU015LOGO Ectel Ltd CONTACT: Contacts: ECtel Ltd., Ron Fainaro, Executive Vice Presidentand CFO, Tel: +972-3-9002102, Fax: +972-3-9002103, Email: [email protected] Ltd., Dana Rubin, MarCom Manager, Tel: +972-3-9002656, Fax:+972-3-9002103, Email: [email protected] |