SOURCE: CTI Group (Holdings) Inc.

CTI Group (Holdings) Inc.

March 16, 2011 13:45 ET

CTI Group's Proteus Trader Successfully Completes Interoperability Testing With Speakerbus' i turret

Successful Integration of CTI Group's Call Accounting Solution for the Financial Industry With Speakerbus' VoIP Trading System Offers Global Financial Institutions the Tools to Monitor Trader Performance Trends While Reducing Costs

INDIANAPOLIS, IN--(Marketwire - March 16, 2011) - CTI Group (Holdings) Inc. (OTCBB: CTIG), an international provider of enterprise communications management software and services, carrier class voice over internet protocol (VoIP) management applications, enterprise and carrier class call recording solutions and electronic invoice processing and management (EIM), today announced that its Proteus Trader call accounting solution has successfully completed compliance testing with the Speakerbus i turret. The i turret utilizes an existing IP-PBX infrastructure to deliver a significant return on investment compared to traditional trading platforms. By reducing the back room footprint clients are able to reduce cost, minimize complexity and optimize support skills.

Proteus Trader is a comprehensive and sophisticated call accounting solution engineered specifically for the global financial and trading industries. It is the most widely used call accounting tool in the Middle East, London, New York and Chicago. By integrating Proteus Trader with the i turret, financial institutions across globe will have access to a high-performance global trading system ideal for a variety of applications including investment banking, hedge fund management, spread betting, energy and commodity trading.

Designed with the scalability to meet the needs of organizations from large multinational investment banks to small IFAs, Proteus Trader is capable of collecting call data and costs from multiple countries in real-time or on a scheduled basis, offering complete transparency of call costs from multiple carriers and currencies. Its wide range of performance management and cost savings inventory features include:

  • Private wire inventory - identifies unused and under-utilized private-wires; keeps private wire inventories current and ensures complete visibility of activity
  • Allocates costs and usage of private wires, telephony and Hoot 'n' Holler to individual traders
  • Real-time statistics on individual trader activity - for example, most and least active traders by day of the week
  • Trend analysis and report generator - standard and bespoke reports highlight trends in trader activity, usage and costs incurred across entire communications system
  • Fraud prevention - proactively alerts organization of unusual and potentially fraudulent use

John Graves, Product Manager at Speakerbus, stated, "The successful compliance testing of CTI Group's Proteus Trader with Speakerbus' i turret provides customers with the assurance of robust product interoperability, which further strengthens our i turret value add, to both new and existing customers."

John continued, "By providing interoperability with Proteus' specific trader focused features, especially the private wire inventory and trader reporting functions, our customers will be able to choose an application that greatly enhances their trading platform. As a well respected vendor within the financial services industry, we are always keen to expand our ecosystem of partner applications. By providing customers with a choice of applications that enhances our i turret value proposition we are exceeding the needs of our multinational clients."

Charles Rich, CTI Group's Sales Manager for Global Financial Markets, commented, "CTI Group has long enjoyed dominance in the financial sector and by partnering with a global leading innovator like Speakerbus we are able to enhance our product offering to both new and existing customers. This development is also exciting for our channel partners as it will provide them with the new opportunities to speak to customers in the global financial and energy trading industries."

CTI Group is committed to supporting its channel partners in opening up the financial services market. This is delivered through its global support and development infrastructure which is dedicated to delivering market leading, intuitive & compliant call accounting and call recording products, specifically tailored for the investment and retail banking sectors. Both the Speakerbus i turret and CTI Group's entire Proteus suite of call accounting solutions have passed the Cisco Interoperability Verification Testing (IVT) for the Cisco Unified Communications Manager.

For more information on CTI Group or Speakerbus, please visit www.ctigroup.com or www.speakerbus.com

About CTI Group
CTI Group (Holdings) Inc. is an international provider of electronic invoice processing and management, enterprise communications management software and services solutions, and carrier class voice over internet protocol (VoIP) management applications. CTI Group's SmartBill®, SmartRecord® and Proteus® product suites offer a full array of solutions for traffic analysis, post-billing call analysis, customer care and call recording.

CTI Group's products are used by some of the top service providers in North America and the United Kingdom, and play a trusted role in managing telephony costs at major corporations internationally. Headquartered in Indianapolis, CTI Group maintains overseas offices in London and Blackburn, UK. For more information, please visit CTI Group's website at www.ctigroup.com.

About Speakerbus
Speakerbus develops and delivers mission critical voice communications solutions to the financial services and command and control industries. As a market leader in delivering innovative voice technology products such as IP hoot 'n' holler systems, conferencing platforms and a SIP turret, Speakerbus solutions are used by nine out of the top 10 securities firms and are installed in 30 countries worldwide.

For further information on Speakerbus please visit www.speakerbus.com.

Safe Harbor Statement
This release may contain "forward-looking" statements. Examples of forward-looking statements include, but are not limited to: (a) projections of revenue, capital expenditures, growth, prospects, dividends, capital structure and other financial matters; (b) statements of plans and objectives of CTI Group or its management or Board of Directors; (c) statements of future economic performance; (d) statements of assumptions underlying other statements and statements about CTI Group and its business relating to the future; and (e) any statements using the words "could", "should", "anticipate", "expect", "may", "project", "intend", "will", "believe" or similar expressions. CTI Group's ability to predict projected results or the effect of events on CTI Group's operating results is inherently uncertain. Forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those discussed in this document. These factors include, but are not limited to: effects of current economic crisis, ability to attract and retain customers to purchase its products, ability to develop or launch new software products, technological advances by third parties and competition, ability to protect the Company's patented technology, ability to obtain settlements in connection with its patent enforcement activities and risks described in CTI Group's annual report on Form 10-K for the year ended December 31, 2009. Readers are referred to documents filed by CTI Group with the U.S. Securities and Exchange Commission, including the Form 10-K for its most year ended December 31, 2009.

Contact Information

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    CTI Group contact details:
    CTI Group EMEA
    Daisyfield Business Centre
    Appleby
    Blackburn BB1 3BL
    United Kingdom
    Tel: +44 (0) 1254 291500
    Fax: +44 (0) 1254 291504
    Email: info@ctigroup.com

    CTI Group (Holdings), Incorporated
    333 North Alabama Street
    Street Suite 240
    Indianapolis, IN 46204-1767
    USA
    Tel: +1 (317) 262-4666
    Fax: +1 (317) 262-4849
    Email: info@ctigroup.com