MTS Joined Telecom Expense Management Industry Association (TEMIA)
10 Juillet 2007 - 2:01PM
PR Newswire (US)
Telecom Expense Management Market is Estimated at 560 Million USD
in 2007 With 40% CAGR RA'ANANA, Israel and FAIR LAWN, New Jersey,
July 10 /PRNewswire-FirstCall/ -- MTS - Mer Telemanagement
Solutions Ltd. (NASDAQ Capital Market: MTSL), a worldwide provider
of innovative solutions for telecommunications expense management
(TEM) used by enterprises, and for business support systems (BSS)
used by information and telecommunication service providers, today
announced that it became a member of the Telecom Expense Management
Industry Association (TEMIA). TEMIA's mission is to promote the
value of telecom expense management (TEM), enhance the category
image through education and marketing, and develop industry
standards to augment overall service quality. Mr. Eytan Bar,
President and CEO of MTS commented: "MTS TEM was developed on the
conviction that enterprises must manage the entire expense
lifecycle to reap true cost savings." With MTS TEM companies are
able to, among other things, manage invoices effectively, instantly
detect billing errors and unused assets, obtain invoice-based
bill-back & private call management, resolve post-negotiation
disputes readily and rapidly, negotiate better agreements by
simulating contract terms, and reconcile mobile usage. To learn
more about TEMIA, visit http://www.temia.org/ About MTS Mer
Telemanagement Solutions Ltd. (MTS) is a worldwide provider of
innovative solutions for comprehensive telecommunications expense
management (TEM) used by enterprises, and for business support
systems used by information and telecommunication service
providers. MTS' TEM solutions assist and empower thousands of
enterprises and organizations to make smarter choices with their
telecom dollars at each stage of the service lifecycle including,
allocation of cost, proactive budget control, fraud detection,
processing of payments, forecasting spending, and more. Our
solutions support our clients on an ongoing basis with both
sophisticated software applications and a variety of managed
services relationship models. MTS' converged solutions for
Information and Telecommunication Service Providers are
successfully implemented worldwide by wireless, VoIP, IPTV, and
content service providers. Our converged solutions include charging
and invoicing customers, interconnect billing, and partner revenue
management using pre-pay and post-pay schemes. MTS pre-configured
solutions are easily implemented and are sold at competitive
prices. Headquartered in Israel, MTS markets its solutions through
wholly owned subsidiaries in the United States, Hong Kong, Holland,
and Brazil, and through OEM partnerships with Siemens, Phillips,
NEC and other vendors. MTS' shares are traded on the NASDAQ Capital
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. For further
information, please contact: Shlomi Hagai Corporate COO & CFO
Tel: +972-9-762-1733 Email: DATASOURCE: MTS-MER Telemanagement
Solutions Ltd CONTACT: For further information, please contact:
Shlomi Hagai, Corporate COO & CFO, Tel: +972-9-762-1733, Email:
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