PRESS RELEASE

Openet Honored in Seventh Annual International Business Awards

July 14, 2010 - Openet

DUBLIN, Ireland — July 14, 2010 Openet, the leading provider of subscriber optimization software supplying Transactional Intelligence for the world’s largest and most innovative network service operators, announced today that its Subscriber Data Management solution was named a Distinguished Honoree in the 2010 International Business Awards. The International Business Awards are the only global, all-encompassing business awards program honoring great performances in business.


Nicknamed the Stevie® for the Greek word “crowned,” the awards will be presented to honorees at a gala dinner on Monday, September 27 at the Ritz-Carlton Hotel in Istanbul, Turkey.


Openet’s honored Subscriber Data Management solution is designed to give operators rich, contextual insights into subscribers with real-time visibility across all networks, making the most of each subscriber experience. This solution enables a wide array of subordinate business intelligence and analytics solutions that deliver subscriber- and service-consumption insights. Simultaneously, it streamlines real-time access to vital user profile data through service delivery applications, enabling a wide array of subscriber-aware services, such as audience measurement and interactive services.


Honorees were selected from more than 1,700 entries received from organizations and individuals in more than 40 countries. Organizations all over the world are eligible to compete in The International Business Awards, and can enter in any of more than 40 categories from Multinational Company of the Year and Best New Product of the Year to Corporate Social Responsibility Program of the Year and Executive of the Year. 


“Despite the harsh economic climate, entries to the IBAs actually grew a bit this year, and that illustrates the increasing importance of The International Business Awards worldwide,” said Michael Gallagher, president of The Stevie Awards, presenters of the IBAs. “We congratulate all of the honorees, and we look forward to recognizing them for their achievements at our gala awards dinner in Istanbul on September 27.”


Honorees were determined through two rounds of judging by professionals worldwide.


“Subscriber viewing data has been consistently incomplete, with widely used ratings systems only tracking one quarter of channels and 30 percent of primetime viewership,” said Niall Norton, CEO of Openet. “Upon developing Openet’s Subscriber Data Management solution, we have bridged these inadequacies by enabling cable operators a new level of interaction with their customers, in turn allowing more transactional services and locating lost revenue. As a result, consumers receive a more personalized and superior network experience, while operators are able to provide new, compelling services while managing potential risk.”

For more information about Openet’s Subscriber Data Management solution, please visit: https://www.openet.com/offerings/software/subscriber-data-management.

Complete lists of honorees and other details are available at www.stevieawards.com/iba

About Openet

Openet is a leading worldwide provider of event processing and transaction management solutions. The Transactional Intelligence of the company’s solutions extracts increased value from diverse service provider networks, enabling rapid introduction of new services and reliable, cost-effective management of existing services. Openet is focused on delivering best-in-class network edge solutions and specialized engagement processes that create business value from network activity. A global company, Openet’s implementations include long-running engagements with the world’s leading service providers such as BT, Orange, AT&T and Verizon Wireless. For more information, visit www.openet.com.
 
About The Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service.  Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.
 
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