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TECNOTREE WINS A EUR 1 MILLION CONTRACT IN EUROPE WITH REAL-TIME SERVICE MEDIATION

Tecnotree Corporation
Stock Exchange Release
July 13h, 2011 at 8.30 am

Tecnotree has won a 1 million euro contract from a European operator offering quad-play (fixed, mobile, broadband, and IP-TV) services based on Tecnotree Agility^TM Service Platforms, deployed to provide real-time service mediation and execution for convergent charging.

Communications service providers around the world are rethinking their product bundling and charging strategies and underlying IT infrastructure. Core network technologies are evolving and converging, new services and platforms are being introduced at an accelerating pace, and legacy charging and billing systems have limitations supporting real-time charging of convergent quad-play service bundles. Pressure to move from flat-rate packages to tiered pricing plans is increasing due to data traffic growth, entailing further requirements to the business IT systems.

The Tecnotree Agility^TM Service Platforms provide the missing architectural layer, which many operators are now exploring as a key avenue in addressing these challenges. Supporting open standards, Service Platforms interface with virtually all service and network elements in voice, data, and IP networks.  These elements trigger real-time charging data, which is filtered, enriched, and finally distributed further within existing charging and billing systems. In doing so, real-time convergent charging is empowered across all services. In addition, the platforms architecture is extendable to deliver a host of value added services and allows communications service providers to create their own service flows.

“This deal marks a cornerstone and a first for Tecnotree in Europe in supplying a strategic business IT component in a truly converged operator environment. In particular, this case shows how our solutions can co-exist and add value in environments where traditional charging and billing vendors have had a strong foothold. Furthermore, it is a great manifestation of our digital marketplace vision, in which operators flexibly bundle and rate all kinds of services for every taste,” says Kaj Hagros, President and CEO, Tecnotree Corporation.

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 1000 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