Contract Win

    RNS Number : 9742C
  F.T.S-Formula Telecom Solutions Ltd
  09 September 2008
   

    South African iBurst Selects FTS' Leap* Billing Solution 
    Leap Billing to Support Real-time Billing of New and Existing Services 
    Herzliya, Israel | September 9, 2008: FTS (LSE: FTS), a global provider of Billing, CRM and Business Control solutions for communication
and content service providers, today announced that  iBurst, South Africa's leading wireless broadband provider, has selected FTS' Leap* 
Billing as its real-time billing solution. 
    iBurst is a provider of wireless services to a large customer base in South Africa. The company offers service bundles of data and VoIP
services. FTS' Leap Billing platform will be integrated with Softline's Sage Line 500 ERP system, Aradial's AAA and other components to
cater for the provider's service requirements, including VoIP. Leap Billing will also support quota  management, VoIP interconnect, and
complete customer*management functionality including financial transactions.
    "We are very excited with the selection of FTS' Leap Billing platform," said Cobus McQuirk, iBurst's Head of Information Services. "We
are confident that FTS' billing, rating, balance*management and business-control functionality will enable us to better serve our customers.
We were looking for a low-OPEX solution that will also enable us to streamline our billing operation to offer more service packages to a
growing subscriber base, while increasing our revenues. We believe we have found all these features in FTS' Leap Billing." 
    "We are confident that Leap Billing's flexibility will enable iBurst to configure and launch new services in very short periods of
time," said Gil Hurwitz, FTS' Chief Operating Officer. "This new order from iBurst is further proof of FTS' commitment to fortify its
presence in the African market." 
    Leap Billing is a real-time billing solution that allows providers to bill for next-generation services delivered over single or
multiple network technologies. Based on FTS' patented business-control technology, the solution captures events in real time and responds to
them based on a preconfigured set of business policies or actions. This flexibility and ease of use enables service providers to bring new
services to customers quickly and economically.
    žžž
    About iBurst
    WBS Holdings (Pty) Ltd was established in 1999 and owns 100% of Wireless Business Solutions (Pty) Ltd and iBurst (Pty) Ltd. Wireless
Business Solutions (Pty) Ltd holds the National Mobile Data Telecommunication (NMDT) license and the South African license for the iBurst
Mobile Broadband Internet Technology. iBurst (Pty) Ltd is the exclusive service provider company to Wireless Business Solutions and has been
in operation since 1 May 2005. www.iburst.co.za. 
    About FTS  
    FTS (LSE: FTS) is a leading provider of Billing, CRM and Business Control solutions for communications, content and service providers.
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. In 2007, FTS was voted the 'Most
Promising Company' at the prestigious TeleStrategies Billing and OSS World industry event. For more information please visit
http://www.fts-soft.com/.
    žžž
    For further information please contact:
    Sonus PR for FTS
    Patrick Smith, Tel. [phone], [e-mail] 
    FTS
    Moshe Peterfreund, Tel. [phone], [e-mail]   


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
CNTLPMATMMTMBTP