Contact Information: For more information please contact: Andrea Dray MIND CTI Ltd. Tel: +972-4-993-6666
YOQNEAM, ISRAEL--(Marketwire - August 28, 2007) - MIND CTI Ltd. (NASDAQ : MNDO ), a leading
provider of convergent end-to-end billing and customer care product based
solutions for tier 2 and tier 3 carriers worldwide, today announced it has
won two new large deals in the US.
MIND has been selected by a wireless communications service provider in the
US to support its unique model for mobile solutions thanks to its product
flexibility and openness in managing innovative needs. This is a five-year
agreement for managed services (extended maintenance and enhanced support
services that include performing day to day billing operational tasks). The
MIND solution that will be deployed includes consolidated billing, customer
care, order management, inventory, provisioning and mediation.
The second win is with a provider of both wireless and wireline services in
the US. As a first phase MIND was chosen to perform billing and customer
care for the new offering of the wireless services. This new win is for the
fix line operation, where the consolidated MIND billing, customer care,
order management and inventory platform will be deployed to replace legacy
systems for voice, data and corporate services. The MIND platform, once
fully rolled out, should provide a unified view of all customers and
services across all offerings.
Monica Eisinger, Chairperson and CEO, commented: "We are pleased to
announce these two new important wins. These wins reflect our strengthening
presence in the US market, both in the mobile and the wireline industry. We
believe that our innovative solutions and reputation of on-time successful
implementations will help us win additional contracts in the near future."
Implementation of these projects will be completed within two to four
quarters.
About MIND
MIND CTI Ltd. is a leading provider of convergent prepaid and postpaid
end-to-end billing and customer care solutions for Wireless, Wireline, VoIP
and Quad-play carriers worldwide. A global company, with over ten years of
experience in providing solutions to carriers, MIND operates from offices
in Europe, Israel and the United States, serving customers in more than 40
countries around the world. For more information, visit MIND at:
www.mindcti.com.
Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the
Private Securities Litigation Reform Act of 1995: All statements other than
historical facts included in the foregoing press release regarding the
Company's business strategy are "forward-looking statements." These
statements are based on management's beliefs and assumptions and on
information currently available to management. Forward-looking statements
are not guarantees of future performance, and actual results may materially
differ. The forward-looking statements involve risks, uncertainties, and
assumptions, including the risks discussed in the Company's filings with
the United States Securities Exchange Commission. The Company does not
undertake to update any forward-looking information.