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Tecnotree receives an order of USD 3.3 million from an operator group in Latin America

Tecnotree Corporation
STOCK EXCHANGE RELEASE
April 20, 2011 at 8.30 am

Tecnotree has started the delivery of Tecnotree Agility^TM Convergent Charging for a Latin American operator group. The solution shall be used for provisioning, management and charging of different kinds of data connectivity and content services, used by both prepaid and post-paid mobile customers. The value of initial orders is USD 3.3 million.

“We see operator focus shifting towards retaining customers and driving value. By enabling new revenue streams through bundled service packages our solution delivers strategic value and paves the way towards digital marketplaces. Increasingly, flexibility in data charging will be a key differentiating factor and pricing should allow packages for every taste, including for instance option between a day-pass and an all-you-can-eat monthly subscription. Our solution enables flexible subscription models and charging schemes for data services and related value-added services, such as MMS, email, browsing, or downloadable content, potentially each with individual pricing options,” says Kaj Hagros, President and CEO, Tecnotree Corporation.

Tecnotree Agility^TM product suite is grouped into three product lines: Revenue, Customer and Value, designed to power the digital marketplaces of communication service providers. Revenue consists of products for charging, billing and distribution management. Customer encompasses products for provisioning, customer care, unified product management and customer lifecycle management. Value category includes messaging, media and entertainment service applications and the enabling service platforms.


TECNOTREE CORPORATION

Kaj Hagros


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 800 employees serving over 100 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.