FTS Selected as Official Billing Partner by Major Chinese Intelligent Networks Vendor

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Third high-profile vendor to choose FTS as its preferred billing partner

Herzliya, Israel | March 6, 2007: FTS (LSE: FTS), a global provider of Business Control, Billing and CRM solutions for communications service providers, has been selected as an official billing partner of one of the world’s leading providers of next-generation telecommunication networks.

This global deal has the potential of making FTS’ Leap™ Billing solution available to over half of the world’s top 50 mobile operators, who in turn serve over one billion users worldwide, or one in six of the world’s population.

The joint solution is tightly integrated and enables network, service and payment convergence. FTS’ Leap Billing brings unique capabilities by enabling providers to charge in real-time for any type of service – voice, video, data, content, etc. It delivers a true pre/postpaid converged solution comprising of fully integrated CRM and billing, offers unlimited flexibility, and unprecedented time-to-market for new communication services.

The recent release of Version 4.0 of Leap Billing introduced a superior Online Charging Engine which combines highly flexible charging and Business Control capabilities, with the most demanding performance and robustness required from Prepaid IN systems. FTS’ Business Control layer supplements the Online Charging Engine by handling events from a business stand point, not just charging them, hence allowing the service provider to explore new revenue opportunities while increasing customer satisfaction.

“This is a very important addition to our list of partners,” commented Yair Sakov, Vice President Marketing and Business Development, FTS. “Being chosen by three of the leading Intelligent Networks vendors validates our approach and complements our direct sales channel. Leveraging the power of their respective sales forces, our partners are driving FTS solution to service providers worldwide.”

For more information please visit www.fts-soft.com.

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