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TECNOTREE WINS A NEW USD 4.1 MILLION CONTRACT FOR CONVERGENT CHARGING IN LATIN AMERICA

Tecnotree Corporation
Stock Exchange Release
June 29th, 2011 at 8.30 am

Tecnotree has received orders worth USD 4.1 million from an operator in Latin America regarding Tecnotree Agility™ Real-Time Convergent Charging. The solution will enable enterprise rating services (such as virtual private network) for voice and data traffic, as well as content delivery control. Corporate users tend to generate higher traffic volumes compared to consumers, and the Tecnotree solution brings greater flexibility in building enterprise service bundles and individual rate plans in this revenue-driving customer segment.

“We have emphasized convergent charging as a key ingredient to develop the operator business model towards a digital marketplace, with broad aggregation of services for every taste, also for the corporate segment. With this important new contract, we are delighted to see that our customers share the view of the industry development”, says Oscar Fernandez, Managing Director, Regional Vice President, Latin America, Tecnotree.

Tecnotree Agility™ product suite is grouped into three product lines: Revenue, Customer and Value, designed to power the digital marketplaces of communications service providers. Revenue product line includes solutions for charging, billing, distribution management and resources management. Customer product line encompasses products for customer lifecycle management and portfolio management. Value line includes content and entertainment solutions, and voice applications. The product suite also includes communications networks interfacing service platforms supporting all product lines.


TECNOTREE CORPORATION


Kaj Hagros
President and CEO


FURTHER INFORMATION
Kaj Hagros, President and CEO, tel. +358 40 849 1749


DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com


About Tecnotree
Tecnotree is a global provider of a broad range of telecom IT solutions focused on charging, billing, customer care, messaging and content services. Tecnotree empowers communication service providers to create and monetize a broad marketplace of digital services, and augment value across the customer lifecycle. Acknowledged for agility and commitment, Tecnotree has more than 900 employees serving over 120 operators globally. Tecnotree is listed on the main list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V. For more information on Tecnotree visit www.tecnotree.com