[February 13, 2012]

OneBill, Inc. Delivers Industry's First Subscription Commerce Platform

OneBill, Inc. today announces the general availability of the OneBill Subscription Commerce Platform, v2.1. This new release unleashes the revenue potential of social commerce through integration with social networking sites. The marketing, promotion, and selling of new subscription offers opens a new revenue stream from the rapidly-growing number of social interactions, turning social media into a lucrative sales channel for subscription services companies. Additionally, OneBill offers end-to-end Business Support Systems (BSS) functionalities on a single platform to support the entire concept-to-cash process, resulting in lower costs by eliminating significant customization, integration and maintenance costs. OneBill delivers the first, true 'BSS in a box'.

OneBill will be demonstrating OneBill Subscription Commerce Platform v2.1 this week in Booth #701 at the Cloud Computing Conference and Expo this week in Santa Clara, California.

"Traditional billing systems are point products with limited functionality and enable only a piece of the entire concept to cash process," said Alan Radding, analyst at Independent Assessment. "Attempting to modify and integrate these applications with other point products in the process is costly, cumbersome and a hindrance to growth. Progressive companies are wise to adopt a platform strategy with a foundation like OneBill Subscription Commerce Platform for concept to cash."

OneBill Subscription Commerce Platform is an integrated solution to manage a subscription services company's core business functions by connecting internal Marketing, Sales, Operations, and Technology departments to the provider's external customers, influencers, and prospects. This solution is the next evolution in delivering Product Management, Order Management, Customer Management and Revenue Management functionalities to efficiently monetize any cloud business.

"As adoption rates to Platform-as-a-Service solutions continue to explode, Zegosoft sees a real need to enable our customers with solutions like what OneBill provides," said Charles Gerth, President and Founder, Zegosoft. "The cloud-enabled economy requires subscription-based businesses to have flexible payment, pricing, and offer-creation solutions whether delivered directly or through a rich API interface. The OneBill Subscription Commerce Platform can easily handle complicated requirements so their customers can open up new revenue channels quickly."

Powerful Process Automation

OneBill Subscription Commerce Platform utilizes components to automate processes in a subscription busines' Marketing, Sales, Operations, and IT departments, resulting in increased productivity. This powerful automation allows OneBill customers to optimize revenue channels, decrease time to market, lower business costs, reduce sales cycles, and efficiently manage customer interactions. OneBill Subscription Commerce Platform automated processes for Marketing, Sales, IT and Operations departments in many ways, including:

Marketing:

• The OneBill platform allows for the easy and rapid creation of unlimited pricing combinations, a requirement for the growth of a subscription service business. Marketers can create simple to complex pricing models using OneBill Pricing Designer using an intuitive user interface thus enabling businesses faster time to market with their marketing concepts
• Seamless integration with social commerce sites including Google (News - Alert)+, LinkedIn, Twitter, and foursquare allows OneBill customers to promote and sell service offerings enabling Social Commerce leveraging the popularity and power of viral marketing
• Marketers can use OneBill Business Intelligence to analyze customers' behaviors and business trends to optimize revenue channels and ROI

Sales:

• Efficiently optimize sales cycles with OneBill Order Manager and convert quotes to contracts through integrated workflows and approval process
• Interact with core corporate systems including via OneBill Connectors

Operations:

• Revenue Management - the most critical component of the OneBill platform - flawlessly manages Orders, Subscriptions, billing, Invoicing, Charging and Settlement
• The Customer Self Care Portal empowers subscription business' customers to manage their own subscriptions, orders, invoices, payments, renewals, reducing operational costs and fortifying customer loyalty

IT:

• The OneBill platform is designed on an integrated SaaS (News - Alert) delivery model with open architecture, eliminating maintenance and integration investment and labor effort
• The OneBill platform integrates with various packaged applications including Tax engines, Payment gateways, Financial Systems, Provisioning and Mediation Systems using the platform's connectors, automating service management and reducing IT costs

About OneBill, Inc.

For more information about OneBill Subscription Commerce Platform and a full set of virtual press kit materials, visit: www.onebillsoftware.com/opk.

About Independent Analysis

Independent Analysis provides third-party assessments of business and technology trends. For more information, visit http://www.technologywriter.com/indasst.htm.

About Zegosoft

ZegoSoft is passionate about driving winning business outcomes from our customers' technology investments. At its core, the company believes in the practical application of technology, focused on measurable results. Zegosoft's teams' extensive experience and thought leadership capabilities allows us to break down complex concepts in clear, understandable language, leading to informed decisions and results. Services range from strategic assessments, software product management, development and implementation services. For more information, visit www.zegosoft.com.

About Cloud Connect

Cloud Connect, produced by UBM TechWeb (News - Alert), is the defining event of the cloud computing industry. As both a conference and an exhibition, Cloud Connect's goal is to chart the course of cloud computing's development by bringing together enterprise IT professionals, developers, infrastructure and service providers and cloud computing innovators. UBM TechWeb has produced cloud events that define and frame cloud computing discussions since June 2008, and recently expanded the Cloud Connect event brand to Chicago and Bangalore, India, in addition to the flagship Santa Clara event. Cloud Connect is a one-of-a-kind event that encompasses the entire cloud computing ecosystem featuring a Launch Pad program, IT & Developer workshops and a full conference program. For more information visit: www.cloudconnectevent.com.

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