True Move Selects BSG

12 Sep 2006 07:04

Billing Services Group Limited12 September 2006 NEWS RELEASE Contacts:Julian Walker - Investor relationsGainsborough Communications Consultancy+44 (0)20 7190 1705jw@gainsboroughcomms.com Erin Brennan GilmoreBlanc & Otus Public Relations - Media relations+1 512 372 6653ebgilmore@blancandotus.com True Move Selects BSG for International Roaming Capabilities Agreement with leading Thai mobile operator extends BSG's customer base in Asia HONG KONG - September 12, 2006 - BSG Clearing Solutions (BSG), a subsidiary ofBilling Services Group Limited (AIM:BILL), the telecom industry's clearing andsettlement provider, today announced an agreement with Thai operator True Moveto deliver international roaming financial clearing services. BSG will manage financial clearing and settlement for the company'sinternational roaming network, including determining operators' net cashpositions and transacting the foreign exchange of funds across variouscurrencies. "As a growing tourist destination and global business hub, Thailand is animportant market for BSG," said Atul Devani, CEO of BSG's wireless services."True Move offers the industry's most innovative international roaming servicesand we're delighted to be their financial clearinghouse. We look forward tofully supporting them as their international roaming customer base continues toexpand." True Move announced plans to expand its network capacity and broadeninternational coverage with 370 GSM networks in 145 countries this year. Underits "Beyond 3G" concept, True Move has the only network that offers seamlessintegrated GSM, GPRS, EDGE and Wi-Fi services to international roamers. About True MoveTrue Move (formerly known as TA Orange), a subsidiary of True Corporation Plc,Thailand's only fully-integrated communication solutions provider, convergencesolutions leader and premier lifestyle enabler, offers innovative andhigh-quality wireless communications services on its nationwide 1800 MHz networkto 5.4 million customers (June 2006) throughout Thailand. True Move's vision isto create a pioneering wireless hi-speed lifestyle where people can communicateas well as access knowledge, information and entertainment wherever, whenever,and however they wish. The company delivers superior coverage, quality, and bestvalue services. Leveraging its relationships with True Corporation and the CPGroup, True Move offers unique integrated products and services to the Thaimarket. For more information, visit www.truemove.com or www.truecorp.co.th. 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