RA'ANANA, Israel, Oct. 24 /PRNewswire-FirstCall/ -- MTS - Mer Telemanagement Solutions Ltd. (NASDAQ:MTSL), a global provider of Operations Support Systems (OSS) for comprehensive Telecommunication Management and Customer Care & Billing solutions, will announce its third quarter 2005 financial results on Monday, November 14. A conference call is scheduled for 11:00 a.m. ET/6:00 p.m. Israel time on Monday, November 14. To access the conference call, please dial +1-877-270-4109 (U.S.), +1-809 309 341 (toll-free in Israel) or +1-706-679-0560 (international), at least 10 minutes prior to commencement of the call. Reference the MTS conference call or conference ID #1707145. On the call, Eytan Bar, President and Chief Executive Officer, and Shlomi Hagai, Corporate Chief Operating Officer and Chief Financial Officer, will review the company's financial results for the third quarter 2005. In addition, management will be available for questions from the investment community. A replay of the call will be available from 2:00 p.m. ET/9:00 p.m. Israel time on November 14 through 11:59 p.m. ET on November 21/6:59 a.m. Israel time on November 22. To access the replay, please dial +1-800-642-1687 (U.S.), +1-809 315 356 (toll-free in Israel) or +1-706-645-9291 (international) and enter conference ID #1707145. About MTS Mer Telemanagement Solutions Ltd. is a global provider of operations support systems (OSS) for comprehensive telecommunication management and customer care & billing solutions. MTS' OSS is a full-featured customized solution for telecommunications management and customer care & billing. Its telecommunications enterprise resource planning (ERP) application suite is used by corporations and organizations to improve the efficiency and performance of all telecommunication and information technology (IT) operations, and to significantly reduce associated costs. Its affordable customer care and billing (CC&B) solutions are used by service providers and operators to support sophisticated billing, web-based self-provisioning and other revenue-generating applications. Headquartered in Israel, MTS markets through wholly owned subsidiaries in the U.S., Hong Kong, Holland, and Brazil, and through OEM partnerships with Siemens, Phillips, and other PABX vendors. Its legacy call accounting solutions have been installed by over 60,000 customers in 60 countries. MTS' shares are traded on the NASDAQ SmallCap Market (symbol MTSL). For more information please visit the MTS web site: http://www.mtsint.com/ Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulations, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission. Contacts: Company Investor Relations: Shlomi Hagai Kathy Price Corporate COO & CFO Managing Director MTS -- MER Telemanagement Solutions The Global Consulting Group Tel: +972-9762-1733 Tel: +1-646-284-9430 Email: Email: DATASOURCE: Mer Telemanagement Solutions Ltd. CONTACT: Company - Shlomi Hagai, Corporate COO & CFO of MTS - Mer Telemanagement Solutions, +972-9762-1733, ; or Investor Relations - Kathy Price, Managing Director of The Global Consulting Group for Mer Telemanagement Solutions, +1-646-284-9430, Web site: http://www.mtsint.com/

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