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Tecnotree receives a USD 5 million prepaid expansion order from Latin America

Tecnotree Corporation
Stock Exchange Release
31 July, 2013 at 9.00 pm EEST

Espoo, Finland – Tecnotree has received a USD 5 million order from an operator group in Latin America to provide subscriber and traffic expansions to Tecnotree real-time charging systems. The deliveries will start immediately and they are expected to be completed by the end of this year.

“The growth in Latin America continues and is increasingly driven by access to Internet, applications and content, which all need to be available for large numbers of existing prepaid subscribers. We are fully committed to support our operator customers to monetise this opportunity by providing them scalable charging solutions but also Business Support Solutions that will enable the creation of personalised service bundles of devices, access, applications and content,” says Oscar Fernandez, Vice President Latin America, Tecnotree.

TECNOTREE CORPORATION

Further Information
Ilkka Raiskinen, CEO, tel. +358 (0) 45 311 3113
Vicki Fertnig at Liberty Communications: tel. +44 (0) 207 751 4444, tecnotree@libertycomms.com

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

About Tecnotree
Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps communications service providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetise service bundles, provide personalised user experiences and augment value throughout the customer lifecycle. With nearly 1100 telecom experts, Tecnotree serves more than 100 service providers in over 70 countries. Tecnotree is listed on the main list of NASDAQ OMX Helsinki with the trading code TEM1V. For more information on Tecnotree, please visit  http://www.tecnotree.com.