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Tecnotree receives a USD 2.1 million prepaid modernisation order from Latin America

Tecnotree Corporation
Stock Exchange Release
3 May, 2013 at 4.30 pm EEST

Espoo, Finland – Telecom IT solutions provider Tecnotree today announced it has received a USD 2.1 million order from an operator group in Latin America to modernise existing prepaid charging systems. The deliveries will start in June and are expected to be completed by the end of this year.

Compared to legacy platforms, the new systems can provide far better quality of service in terms of performance and drive operational costs down – a competitive advantage in markets where the subscriber penetration is already high.

“Due to the highly competitive market situation in Latin America, operators are forced to provide the best possible service to their subscribers. Outstanding service coupled with a strategy to offer personalised service bundles not only to postpaid, but also to prepaid customers, is a winning formula going into the future,” says Oscar Fernandez, Vice President Latin America, Tecnotree.

TECNOTREE CORPORATION

Further Information
Kaj Hagros, President and CEO, tel. +358 (0) 40 849 1749
Helen Gough / Anne-Marie Lavelle 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 over 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