Tellza Communications Inc.

Tellza Communications Inc.

June 29, 2015 16:26 ET

Tellza Technologies Signs a Licensing Deal to Deploy Console and With a UK Carrier

TORONTO, ONTARIO--(Marketwired - June 29, 2015) - Tellza Communications Inc. ("Tellza") (TSX:TEL) announced today that its business unit Tellza Technologies has signed an agreement to license its Console Enterprise and technology platforms to a UK based telecommunications carrier. This follows a successful implementation and trial period by the UK carrier of our platforms.

Console Enterprise is a network management, monitoring and accounting tool, designed for the Telecommunications market. is a VOIP softswitch platform. These systems together allow a telecommunications carrier to operate its business cost effectively with real time information, an essential tool in today's carrier services marketplace.

Tellza Technologies' Console and platform are currently deployed by four telecommunications carriers. These four arrangements provide Tellza Technologies with $800,000 USD of annual recurring revenue. In addition, our platforms are currently in test phase with three additional carriers, while discussions about the value proposition of Console and are underway with several other telecommunications carriers.

Since 2006, Tellza has invested more than $7 Million USD designing, developing and testing our real time big data platforms, processing in excess of 40 billion real time traffic minutes in the telecommunications market. In 2014, we completed the development and deployment of, a key module in our suite of offerings for the telecommunications market. With the completion of our full suite of offerings in early 2015, we expanded our deployment of Console and to all of our carrier businesses, at which time we announced that we were ready to offer our platform to others in telecommunications industry.

Our deployment team will continue to work with telecommunications carriers to demonstrate the value proposition of our telecommunications offering. Our technology team has now started the process of assessing additional market verticals to deploy our proven big data real-time data management and monitoring suite of tools.

"We are delivering on our vision for our technology platform within the telecommunications market place. We will continue to deploy in the telecom marketplace and we have started to examine the application of our solution to real time data management processing and monitoring challenges faced in other market verticals," said, Gary Clifford, Chairman.

The Company's financial statements and other disclosures are available on SEDAR.

About Tellza

Tellza is Technology Company operating in the Communication market. The business is organized into three business units: Tellza Communications, Tellza Technologies and Tellza Investments. Tellza Communications is a global communications company operating under several brands: Route Dynamix, Phonetime, Tel3, and MatchcoM. Tellza Technologies provides real time big data management tools for the telecommunications market. Tellza Investments seeks portfolio investment opportunities in various market places. Tellza is a public company listed on the Toronto Stock Exchange (TEL).

Caution Regarding Forward-Looking Information:

This press release contains forward-looking statements, which may be identified by words like "expects", "anticipates", "plans", "intends", "indicates" or similar expressions. These statements are not a guarantee of future performance and are inherently subject to risks and uncertainties. Tellza's actual results could differ materially from those currently anticipated due to a number of factors set forth in reports and other documents filed by the Company with Canadian securities regulatory authorities from time to time. See which contains all securities files.

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