11 Jul 2007 08:53
Subex Azure Limited11 July 2007 Press Release Subex Azure deploys Moneta Revenue Assurance System at a US-based Tier-I Telecom Operator Bangalore, INDIA / Westminster, CO: Subex Azure Ltd, a leading global providerof OSS solutions for telecom operators, today announced it has deployed itsMoneta(TM) revenue assurance system for a major Tier-I telecom operator in theU.S., further strengthening the company's position as the leader inenterprise-wide deployments of revenue assurance, fraud and interconnectsystems. Commenting on the deal, Subash Menon, Founder Chairman, Managing Director & CEO,Subex Azure Ltd said, "This deal is further evidence of Subex Azure's ability todeliver solutions to the world's largest carriers. We take great pride in seeingour customers realize immediate benefits upon implementation of our proventechnology." The company selected Subex Azure to help monitor and maximize its entire revenuechain in the wake of a series of acquisitions that posed an increasedpossibility of revenue leakage. The operator required a scalable revenueassurance solution that included analytics, comprehensive reporting, casemanagement and workflow capabilities that enables the end-to-end, automatedmanagement of the entire revenue chain. The operator chose Moneta to replace itsin-house revenue assurance solution that lacked the high-volume processing,workflow and automated correction capabilities needed to identify and resolvepotential revenue losses. A component of the Subex Azure's Rocware(TM) suite of revenue maximizationsolutions, Moneta is the leading solution for ensuring the health and vitalityof a telecom operator's revenue chain. It helps tackle critical revenueassurance challenges across the entire revenue chain and provides unprecedentedautomated correction capabilities to improve bottom-line results and provide aquick return-on-investment. Moneta includes pre-configured solution templatesthat address revenue assurance issues across areas such as service fulfillment,usage integrity, retail billing, interconnect/wholesale billing and contentsettlement. The operator identified the following benefits of deploying Moneta: • More timely, detailed customer traffic information • Consolidated revenue leakage management capabilities via cross-system revenue chain diagnostics, analytics, reporting and workflow • Enriched and complete customer traffic analytics to help improve forecast accuracy • Judicious root cause identification and correction with concise, accurate data • New revenue impact prioritization capabilities • The ability to scale the revenue assurance program across the enterprise and to easily integrate related applications, like fraud management and interconnect billing After just one quarter of having the Moneta system in operation the telecomoperator experienced a dramatic reduction in the number of unbillable errors -and easily achieved a return-on-investment ahead of scheduled forecasts. Additional results of the deployment include: • Added control points and data for managing the integration of acquired companies and assets • Expansion into other product and service offerings • Strategic roadmaps for integrated cost, reciprocal compensation, fraud and service assurance analysis -END- About Subex Azure Ltd. Subex Azure is a leading global provider of OSS solutions with a mission toempower telecom operators to achieve competitive advantage and deliver newservice experiences to subscribers. The company pioneered the strategic concept of the Revenue Operations Center(ROC) - a centralized and integrated infrastructure for end-to-end monitoring,measurement and control of the operator's revenue chain - to foster operationaldexterity and hence sustained profitability. Subex Azure's software portfolio powers the ROC and its best-in-class solutionsenable new service creation, subscriber-centric fulfillment, provisioningautomation, revenue assurance & cost management, data integrity management,fraud management and interconnect/interparty settlement. Subex Azure's customers include 32 of the world's 50 largest telecom operatorsby revenue. The company has more than 150 installations in over 60 countries. Subex Azurewas named in the prestigious Deloitte Technology Fast 500 Asia Pacific 2006 listof companies, underlining the company's growth and leadership status. For more information please visit www.subexazure.com Forward Looking and Cautionary Statements Certain statements in this release concerning Subex Azure's products, strategyand future growth prospects are forward -looking statements, which involve anumber of risks, and uncertainties that could cause actual results to differmaterially from those in such forward -looking statements. The risks anduncertainties relating to these statements include, but are not limited to,market acceptance of Subex Azure's products and services, Subex Azure's abilityto implement its growth strategy, competition in Subex Azure's areas of businessand general economic conditions affecting the telecom industry. Further information: In Europe or Asia please contact Alex Crawshaw or Kate Bonner at Catalysis tel: +44 (0)20 7101 7333 / 7326 alex.crawshaw@catalysis.co.uk / kate.bonner@catalysis.co.uk In the U.S. please contact Guy Murrel at Catapult PR-IR tel +1 303-581-7760 gmurrel@catapultpr-ir.com In India please contact Shivaram Lakshminarayan at Genesis Burson-Marsteller PR tel: +91 9886136796 shivaram.l@bm.com This information is provided by RNS The company news service from the London Stock Exchange