BILL.L Regulatory News (BILL)

4 Dec 2006 07:02

Billing Services Group Limited04 December 2006 NEWS RELEASE Contacts:Julian Walker - Investor RelationsGainsborough Communications Consultancy+44 (0) 207 190 1705jw@gainsboroughcomms.com Erin Brennan GilmoreBlanc & Otus Public Relations - US media relations+1 512 372 6653ebgilmore@blancandotus.com Edge Wireless Renews Agreement with BSG Clearing Solutions for Financial Clearing Services Tampa, Florida - December 4, 2006 - BSG Clearing Solutions (BSG), a globalprovider of clearing and settlement, payment services and financial riskmanagement solutions for communications service providers today announced thatEdge Wireless has renewed its agreement with BSG for GSM wireless financialclearing services. The multi-year contract is another example of the robustbusiness relationships that BSG has with their growing client base. An affiliate of Cingular Wireless, Edge Wireless is part of the largest digitalvoice and data network in the United States. Under the agreement, BSG willmanage financial clearing and settlement for the company's network of domesticand international roaming partners, including determining operators' net cashpositions and transacting the foreign exchange of funds across variouscurrencies. Don Adams, Director of Business Development for Edge Wireless said, "I amextremely satisfied with the service quality, operational expertise andexperience of the entire BSG team. Our financial clearing process is streamlinedand seamless, and the reporting functionality gives us the capabilities that weneed. I look forward to developing the relationship with BSG as we continue todeliver new products and services to our customers." David Wasserman, General Manager of BSG North America's wireless servicescommented, "We're pleased that Edge Wireless has continued confidence in ourservice. Our renewal with them demonstrates further our long-term commitment toour customers and the industry as a whole." About Edge WirelessEdge Wireless, LLC, headquartered in Bend, Oregon, offers wireless service inOregon, California, Idaho and Wyoming. Edge Wireless is a member of the CingularWireless Network. All inquiries regarding Edge Wireless should be directed toDarla Pomeroy, 541.312.5451. Edge Wireless is a service mark of Edge Wireless,LLC. (c) 2006 Edge Wireless, LLC.About BSG Clearing Solutions BSG 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 annually for 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, and broadband networks, BSG monetizes network transactions by facilitating thefinancial 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 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