Re Contract

 

TIDMFTS 
 
RNS Number : 3986N 
F.T.S-Formula Telecom Solutions Ltd 
17 February 2009 
 

Foris Telecom Selects FTS' Leap(TM) Billing for Global WiMAX Services 
 
Mobile World Congress | February 17, 2009 | Barcelona, Spain | Hall 2, B95: FTS 
(LSE: FTS), a global provider of Billing, CRM and Business Control solutions for 
communication and content service providers, today announced that 
Foris Telecom has selected FTS' Leap(TM) Billing platform for its WiMAX 
operations worldwide. The parties are conducting final negotiations towards the 
execution of a definitive agreement. 
Foris Telecom builds and operates next generation wireless broadband networks in 
multiple markets, providing VoIP telephony, data and video services.  Foris 
Telecom is building out its WiMAX infrastructure in a number of markets 
including South East Asia, the CIS, South America, and Africa. Leap Billing will 
support Foris Telecom's charging, billing and customer 
management, including invoicing, voucher management, and financial services. 
"We selected FTS' Leap Billing for our WiMAX services for its flexibility, ease 
of configuration, and real-time support of all our transactions," said Haim 
Maimon, Foris Telecom's Chief Operating Officer. "One of our main objectives is 
to supply our customers with fast, simple, reliable and affordable services. 
Leap Billing supports these objectives while improving our business planning and 
enabling us to offer more and better services," he added. "We are proud to have 
teamed up with FTS, a key player in the billing and CRM arena." 
"This is yet more proof of the wealth of features and benefits offered by our 
Leap range of solutions," said Gadi Maoz, FTS' Vice President of Sales & 
Marketing. "Leap Billing will provide Foris Telecom with billing and 
customer-management capabilities for their operations in multiple markets. This 
contract is testament to FTS' commitment to join forces with leading providers, 
and of our constant investment in further developing and innovating our 
field-proven product line." 
About Foris Telcom 
Foris Telecom is a leading global operations company, which builds and operates 
next generation wireless broadband networks that enable fast, simple, portable, 
reliable and affordable Internet communications. We focus on developing 
countries and offer wireless broadband networks, which cover entire communities 
and deliver a high-speed Internet connection that not only creates a new 
communications path into the home or office, but also provides a broadband 
connection anytime and anywhere within our coverage 
area. http://www.foristel.com/. 
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.  For more information please visit http://www.fts-soft.com/. 
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For further information please contact: 
Sonus PR: Martin 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 
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