BILL.L Regulatory News (BILL)

31 Jan 2006 07:02

Billing Services Group Limited31 January 2006 For Immediate Release 31 January 2006 Billing Services Group Limited Billing Service Group Limited Announces GSM Wireless Data Clearing Services in North America Billing Services Group Limited, a global provider of clearing and settlement,payment services, and financial risk management solutions for communicationsservice providers today announced that its operating subsidiary BSG ClearingSolutions has announced the availability of its Global System for MobileCommunication (GSM) wireless data clearing services in North America. BSGClearing Solutions' GSM service gives operators the ability to exchange andclear GSM roaming records through a single source. With 1.6 billion users in over 210 countries worldwide, GSM is the leadingdigital cellular standard in the world, accounting for 75% of the world'sdigital mobile market. One million GSM-based subscribers are being added eachday, according to statistics from research firm Wireless Intelligence. "We see strong, sustainable growth as the North American GSM market adoptssubscribers in large numbers," said Patrick Haynes III, CEO of BSG ClearingSolutions. "With our 20 years of clearing and settlement experience, and ourrecord of clearing and settling billions of wireless and wire line transactionsworldwide, BSG is the obvious choice to provide seamless wireless clearingservices." BSG Clearing Solutions partnered to create a wireless data clearing capabilitythat supports the latest GSM TAP standards and incorporates the unique needs ofthe North American marketplace. The solution also captures the followingfeatures and functionality. •Rating and Re-Rating Functionality: Allows operators to perform rating according to specific Bilateral or Multilateral Agreements and Inter Operator Tariffs (IOT.) In addition, the service provides for the complex re-rating functionality based on a variety of flexible configurable parameters. •Fraud/High Usage Management: Manages fraud and high usage standards by identifying potentially fraudulent behavior early in the Mobile Roaming Clearing life cycle. This solution meets the latest industry standards with the flexibility to evolve as new standards are developed and implemented. •Comprehensive Web-based Reporting: Provides on-line reporting access with the flexibility needed to meet an operator's constantly changing needs for financial, file history and usage reporting. •Enhanced Customer Focused Service Support: Leverages and further extends our client relationships through focused, individualized customer care as part of BSG's industry standards. •Revenue Assurance and Financial Analysis: Assists operators from daily financial and usage reconciliation to monthly financial settlement services. For more information please contact: Jeremy Garcia, James StrongBuchanan Communications - UK financial media and investor relations+ 44 (0) 20 7466 5000jeremyg@buchanan.uk.com Trudie ParsonsBlanc & Otus Public Relations - UK trade media relations+44 (0) 207 413 3229tparsons@blancandotus.co.uk 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 15 billion transactions annuallyfor 570 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