SAN FRANCISCO, Calif. April 23, 2001 (Openet Telecom, the world leader in convergent mediation, today announced the completed integration and immediate availability of Openet's FusionWorks' with the Portal Software, Inc., (Nasdaq: PRSF) Infranet(r) Wireless product line. The combined industry-leading software platforms are ideally suited for next-generation wireless service providers in need of a seamless, real-time or batch-based mediation and billing solution to manage the complexities of convergent wireless services, including voice, WAP, GPRS and emerging wireless services.
"With the integration of FusionWorks™ and Infranet Wireless, service providers now have a powerful solution that consolidates any level of usage and billing data across multiple, diverse networks and speeds the deployment of new services and applications," said Philip Hogan, vice president, strategic alliances at Openet. "Now customers using Portal's Infranet can quickly and easily enhance their billing capabilities and fully leverage their network resources with the same convergent mediation system that a major Tier-1 wireless carrier recently selected after a thorough, industry-wide evaluation."
Openet Integrates Technology with Portal
Openet's FusionWorks™ enables service providers to manage the growing complexity of their business infrastructure - including the collection of subscriber usage information, the integration of new and legacy billing systems, event-based transaction pricing and management, customer care, data warehousing, fraud management and other related applications. The software easily interfaces with applications that provide a unified, real-time view of each customer and their usage habits, enabling service providers to target strategic sales and marketing campaigns that lead to increased revenues and improved speed-to-market when introducing high-margin, value-added services. Using FusionWorks, the implementation time for business systems support of new services or network elements is reduced from months or years to days or weeks.
Portal's Infranet Wireless product line offers extensive support for convergent wireless services. With Infranet, service providers can rapidly develop business models and price plans for a multitude of voice and data services for delivery to a variety of devices. Infranet allows service providers to quickly provide convergent bills for services over mobile phones or multiple devices; price new services based on value, usage or quality of service; support pre-paid and post-paid price plans; deploy complex revenue-sharing agreements with value chain partners; develop interactive pricing models that incorporate real-time advice-of-charge; and develop branding programs.
"Openet's FusionWorks™ is an excellent platform for filtering and aggregating complex usage data for next-generation wireless carriers introducing value-added services," said John Janetos, director of strategic alliances at Portal Software. "Now that the integration of our platforms is complete, our customers can leverage the enhanced billing and mediation capabilities to develop new business models that take advantage of the increasing complexity in carrier infrastructure."
About Portal Software, Inc.
Portal Software provides software to manage next-generation communications and e-services. The Infranet software platform enables service providers to rapidly deploy new services, define optimal business models and price plans, and bill their users. Portal's software is licensed by more than three-quarters of the world's 25 largest communications services companies to support wireless, broadband Internet, next-generation voice, and other e-service offerings. Customers include AOL Time Warner, Reuters, Qwest Communications, Sprint, NTT, Deutsche Telekom, Telenor Mobil AS, China Telecom, and France Telecom and Akamai Technologies, Inc. Portal Software employs over 1,500 people at more than 40 offices worldwide.
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 British Telecom, Orange, AT&T and Verizon Wireless. For more information, visit www.openet.com