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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