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Tecnotree receives a USD 7 million upgrade and expansion order from Central America

Tecnotree Corporation
Stock Exchange Release
19 August, 2014 at 5.20 pm EEST

Espoo, Finland – Telecom IT solutions provider Tecnotree today announced it has received a USD 7 million order from an operator group in Latin America. The order includes hardware and software upgrades and expansions to Tecnotree AgilityTM Convergent Charging solution for Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. Deliveries will start immediately and continue towards the end of the year 2014.            

“Demand for digital content and data services is growing fast in the Central American markets both with prepaid and post-paid customers. Communications service providers in the region are acting upon this opportunity by enhancing capabilities of their existing business support systems and deploying new technologies such as LTE. We are honored to be in a position to help our customers meet the new market demand by rapidly deploying the upgrades and expansions required to support this growth,” says Oscar Fernandez, Vice President Tecnotree Latin America.

TECNOTREE CORPORATION

More 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 over 1000 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 www.tecnotree.com.