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Ericsson in Poland Selects CTI Group's SmartRecord IP VoIP Call Recording Solution to Lead Developments in the Eastern European VoIP Market(Market Wire Via Acquire Media NewsEdge) INDIANAPOLIS, IN -- (MARKET WIRE) -- 09/16/09 -- CTI Group (Holdings), Inc. (OTCBB: CTIG), a leading provider of VoIP call recording applications, today announced that its SmartRecord® IP v2.0 has been selected by flagship telecoms solutions provider, Ericsson Poland, as the chosen hosted call recording solution for a leading Eastern European telco. SmartRecord IP v2.0 will enable this telco to record telephone conversations on its new hosted call centre platform to help its customers meet regulatory, quality management and legal demands. The active recording technology designed and patented by CTI Group, coupled with the multi-tenant architecture of SmartRecord IP, was selected by Ericsson Poland as a cost effective and reliable alternative to the need to deploy multiple additional premise-based recorders. Active recording eliminates costly network changes, management overheads and high network utilisation inherent to packet-sniffer style recorders. The multi-tenant architecture of the recorder is also highly scalable and supports a geographically redundant deployment. The implementation at the Polish telco took advantage of the active recording interface that CTI Group has engineered for BroadSoft's BroadWorks® VoIP application platform. The recorder tightly integrates BroadWorks, which ensures that only calls identified for recording are sent to the recorder. The benefit is that network utilisation is kept at a minimum for recording purposes. Call recording is crucial for applications such as hosted Call Centres, where more demanding business processes require documentation records of the call to be stored. Andy Wilson, VP Sales and Marketing at CTI Group, comments: "The Eastern European VoIP market is better established than its Western European equivalent and we are seeing second generation services, such as hosted call recording and call management, being adopted by telcos in that region. We are thrilled to be at the forefront of this significant development and pleased to see that Ericsson Poland recognises SmartRecord IP as the preferred solution for meeting the demand for business critical applications to complement the core VoIP service offering." SmartRecord IP v2.0 enables telcos to brand the application as their own and its multi-tenant architecture is ideal for hosted VoIP providers such as this large Polish telco that needs to centralise recording across multiple sites. Wilson adds: "The securing of this high profile deal through our reseller partnership with Ericsson Poland is one that we plan to build on in the future. We hope to leverage this relationship as we expand into various different geographies, in our continual global delivery of carrier-grade recording solutions." About CTI Group CTI Group (Holdings), Inc. is an international provider of electronic invoice processing and management, enterprise communications management software and services solutions, and carrier class voice over internet protocol (VoIP) management applications. CTI Group's SmartBill®, SmartRecord® and Proteus® product suites offer a full array of solutions for traffic analysis, post-billing call analysis, customer care and call recording. CTI Group's products are used by some of the top service providers in North America and the United Kingdom, and play a trusted role in managing telephony costs at major corporations internationally. Headquartered in Indianapolis, CTI Group maintains overseas offices in London and Blackburn, UK. For more information, please visit CTI Group's website at www.ctigroup.com. Safe Harbor Statement This release may contain "forward-looking" statements. Examples of forward-looking statements include, but are not limited to: (a) projections of revenue, capital expenditures, growth, prospects, dividends, capital structure and other financial matters; (b) statements of plans and objectives of CTI Group or its management or Board of Directors; (c) statements of future economic performance; (d) statements of assumptions underlying other statements and statements about CTI Group and its business relating to the future; and (e) any statements using the words "could," "should," "anticipate," "expect," "may," "believe," "intend," "will" or similar expressions. CTI Group's ability to predict projected results or the effect of events on CTI Group's operating results is inherently uncertain. Forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those discussed in this document. In addition to information provided elsewhere in this document, shareholders should consider the following: the risk that CTI Group will not be able to attract and retain customers to purchase its products, the risk that CTI Group will not be able to commercialize and market products; the risk of results in research and development; the risk of technological advances by third parties; the risk of competition; the history of operating losses; the dependence upon key personnel and general economic and business conditions. Readers are referred to documents filed by CTI Group with the U.S. Securities and Exchange Commission, including the Form 10-KSB for its most recent fiscal year ended December 31, 2008. Press Contact: Katie Kleinschnitz CTI Group (Holdings), Inc. 317.262.4687 [email protected] Company Contact: Shelley Veazie CTI Group (Holdings), Inc. 317.262.2223 [email protected] |