BILL.L Regulatory News (BILL)

17 Oct 2006 07:02

Billing Services Group Limited17 October 2006 NEWS RELEASE Contacts: Julian Walker - Investor relationsGainsborough Communications Consultancy+44 (0)20 7190 1705jw@gainsboroughcomms.com Erin Brennan GilmoreBlanc & Otus Public Relations - US media relations+1 512 372 6653ebgilmore@blancandotus.com BSG Opens Tampa Office; Expands North American Wireless Staff David M. Wasserman Appointed As General Manager, N.A. Wireless Tampa, Florida - October 17, 2006 - BSG Clearing Solutions, (BSG), a subsidiaryof Billing Services Group Limited (AIM:BILL), the telecom industry's clearingand settlement provider, today announced the opening of its Tampa, Floridaoffice. The company also announced the appointment of David M. Wasserman asGeneral Manager, N.A. Wireless, who will lead the company's wireless serviceefforts in North America. "We're very pleased to have David join us and open our Tampa office," said RandyW. Brouckman, Global Chief Operating Officer for BSG. "We see a tremendousopportunity for growth in the North American wireless market and have a clearvision to become the dominant clearing and settlement provider. With David'sexperience in the wireless industry, he is sure to lead us in achieving thatgoal." Prior to joining BSG, Wasserman was Director of Sales for SyniverseTechnologies, a provider of technology services to wireless telecommunicationscompanies, where he led a team of sales professionals and was responsible fordeveloping sales strategies for new and existing markets. Previously, Wassermanheld various positions of increasing responsibility in the finance and salesorganizations within Verizon (formerly GTE) from 1989-2000. BSG launched its wireless data clearing services in North America in January2006, and through its acquisition of United Clearing PLC, offers a full suite offinancial settlement services as well. BSG currently has 14 North Americanwireless customers. About BSG Clearing SolutionsBSG Clearing Solutions is a leading global provider of clearing and settlement,payment services, and financial risk management solutions for communicationsservice providers. The company processes over 20 billion transactions annuallyfor 750 of the world's largest communications companies throughout NorthAmerica, Europe and Asia. With a ubiquitous, scalable platform and an extensiveportfolio of clearinghouse services for fixed-line, wireless, Wi-Fi, andbroadband networks, BSG monetizes network transactions by facilitating thefinancial exchange of its customers' services. BSG meets the needs of today'scomplex 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 moreinformation, visit www.bsgclearing.com. All company or product names are trademarks and/or registered trademarks. ### This information is provided by RNS The company news service from the London Stock Exchange