SOURCE: CTI Group (Holdings) Inc.
November 30, 2010 11:48 ET
Launch of CTI Group's Proteus Mobile Module Empowers Businesses to Rein in Wireless Expenditure
Mobile Data Monitoring Solution From International Telemanagement Specialist Provides Organizations With Tool to Measure Usage and Control Costs Across All Mobile Communications
INDIANAPOLIS, IN--(Marketwire - November 30, 2010) - 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), has today announced the launch of Proteus Mobile, a call accounting tool engineered to monitor and report on SMS, MMS, data usage and standard voice traffic on any mobile handset or 3G device. Its series of standard and bespoke reports are designed to highlight specific usage patterns allowing businesses to identify its highest data, voice and roaming users.
In a recent study by analysts Gartner, it was found that organizations could save up to 35 percent on wireless costs by 2015 simply through closer management of their wireless services. Further research revealed that wireless costs have now exceeded traditional landline systems and that the majority of organizations leave mobile purchasing decisions to the employee while still paying for 100 percent of the bill.
It is in response to this that CTI Group is introducing Proteus Mobile. The application centralizes and consolidates all mobile and fixed-line communications on a single platform while offering the same advanced functionality and features that are found across CTI's entire suite of Proteus call accounting solutions, including:
- Instant data reports -- communications data can be generated on a real-time or scheduled basis to help organizations better manage their IT and communications operations
- Allocates usage and costs to individual departments and cost centers
- Individual cost breakdown -- identifies most costly users and departments across voice, messaging and data transfers
- International roaming analysis -- allows organizations to identify when it is more cost-effective to purchase local country SIM cards rather than utilizing roaming services
- Fraud prevention -- advanced alarm system highlights any unusual spending or activity to protect against potential fraud
- Separately identifies usage and costs on mobile handsets versus other mobile 3G devices including tablet PCs
- Carrier comparison -- analyses costs across multiple carriers
- Call tagging -- identifies private and business calls, allowing organizations to reallocate personal usage costs to individual employees
Lee Essex, Product Manager for CTI Group, commented: "Across all industries, it is becoming standard for business to be conducted on mobile 3G devices such as smartphones and tablet PCs. As a result, a number of organizations have seen their communications bills rocket due to large data transfers, international phone calls and unmonitored roaming charges. With CTI's Proteus Mobile, organizations will be able to analyze all mobile usage and costs, which will empower them to implement policies and strategies that will help eliminate any unnecessary and costly wireless expenditure. Even something as simple as identifying personal use of a corporate mobile device, and allocating those costs back to the employee, can immediately save a business a significant amount of money."
Proteus Mobile is compatible with CTI Group's call accounting solutions, Proteus Enterprise and Proteus Trader, the latter of which has been designed specifically to meet the needs of the global financial industry. CTI Group's entire portfolio of call accounting and call recording solutions offers infinite scalability, allowing them to meet the exact needs and budgets of organizations of any size or form.
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.
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.