BILL.L Regulatory News (BILL)

16 Jul 2007 07:01

Billing Services Group Limited16 July 2007 NEWS RELEASE Contacts:Julian Walker - Investor relationsThe Hogarth Partnership+44 (0)20 7357 9477jwalker@hogarthpr.co.uk Erin Brennan GilmoreBlanc & Otus Public Relations - US media relations+1 512 372 6653ebgilmore@blancandotus.com BSG Announces New Contract with Brunei Operator DST Com Further extending the Asia Pacific footprint RUSSELSHEIM, GERMANY - July 16, 2007 - BSG Clearing Solutions, (BSG), asubsidiary of Billing Services Group Limited (AIM:BILL), the telecom industry'sclearing and settlement provider, today announced a new customer contract withDST Communications Sdn Bhd (DST Com). Formed in 1995 and a GSM operator since 1996, DST Com in Brunei has a strongsubscriber base which is on the increase. Under the agreement, BSG will managedata clearing for all DST Com's international roaming agreements. BSG was selected after a rigorous bidding process largely due to the highquality of service it can provide from its world class operations team based inHong Kong. BSG also has satellite offices in Singapore and Kuala Lumpur. Withthis local, efficient, dedicated focus in the Asia Pacific region, DST Com felttheir data clearing needs were best met and best supported with BSG. BSG has a strong presence in the Asia Pacific market, with customers such asHong Kong CSL, New World and Celcom. This new contract further demonstrates theongoing commitment to mobile operators across the region. John Rocca, General Manager for the APAC region commented, "I am personally veryhappy to welcome another operator to BSG. The BSG team places great value inproviding excellence to our customers and it is good to see the outstandingfeedback we consistently receive." Suzana Ahmad, Head of Interconnect for DST Com said, "After an evaluation of themarket, BSG was the best fit in terms of service, support, reputation and theirability to deliver what they promise. I look forward to working with BSG and Iam confident our expectations will be exceeded." Atul Devani, CEO of BSG wireless commented further, "High quality, long termsupport, wonderful independent operator references and further investment meanswe will continue to strengthen rapidly our persence in the Asia Pacific." About BSG Clearing Solutions BSG Clearing Solutions is a leading global provider of clearing and settlement,payment services, and financial risk management solutions for communications service providers. The company processes over 20 billion transactions annually for 750 of the world's largest communications companies throughout NorthAmerica, Europe and Asia. With a ubiquitous, scalable platform and an extensive portfolio of clearinghouse services for fixed-line, wireless, Wi-Fi, and broadband networks, BSG monetizes network transactions by facilitating the financial exchange of its customers' services. BSG meets the needs of today's complex network interconnections and anticipates the requirements of convergingtechnologies, allowing for rapid and reliable deployment. BSG Clearing Solutionsis an operating subsidiary of Billing Services Group Limited, which is publiclytraded on the London Stock Exchange(AIM)under the ticker symbol BILL. For more information, visit www.bsgclearing.com. About DST Com DST Communications Sdn Bhd is a provider of world-class mobile communicationsservices both for business and for the local and foreign communities of Brunei Darussalam. Since its inception, it has grown from an AMPS type analogue telephone service provider to introducing GSM services (Global System for MobileCommunications), putting it on par with the world's top network operators andservice providers. This was swiftly followed by the provision of internationalroaming facilities to more than 50 countries in four continents. DSTCom's progress is also marked by the continued increase in their number of customersthroughout Brunei Darussalam, and their own staff force - a base of close to 280,000 customers being served by more than 500 skilled and dedicated employees.November 1997 marked another remarkable milestone for DSTCom, when they wereawarded the ISO 9002 certification - a formal recognition of their qualitymanagement system. In September 1999, DSTCom launched a unique prepaid mobileservice to complement their existing GSM service, thereby providing their customers with greater choice and value to suit their lifestyles and communications habits. For further information, please visitwww.dst-group.com/dstcom. This information is provided by RNS The company news service from the London Stock Exchange