Connectiva announces multiple customer wins, undertakes global expansion
Additional investment to support strong sales growth

May 15, 2007
New York City
USA

Connectiva Systems, a leading provider of revenue and performance management solutions to the telecom industry worldwide today announced that it has been awarded several multi-million dollar contracts by telecom operators globally. Telecom service providers who have chosen Connectiva's award-winning product ONEREViEW™ for deployment include:

Connectiva Systems was awarded these contracts after an exhaustive competitive bidding process that lasted several months. These sales wins reflect the leadership of Connectiva's revenue management solutions in the Asia Pacific, MENA (Middle East & North Africa) and Sub-Saharan African regions.

The company also announced that it would expand geographically and open offices in Kuwait City and Singapore to serve customers better and to leverage sales momentum in the Middle East, Africa and North Asia.

“We are very pleased with the market acceptance of our solutions, and have undertaken this expansion to help us capitalize on existing and new opportunities. Furthermore, we have also doubled the headcount of our world-class research and development team in Kolkata, India,” said Avi Basu, CEO, Connectiva Systems, “which is indicative of our commitment to be one of the leading global software product companies.”


About Connectiva Systems

Connectiva Systems makes software that allows telecom operators get more performance and productivity from their existing infrastructure (IT systems & BSS/OSS assets).

Connectiva is a global leader in implementing revenue management solutions for the telecom industry and has been recognized as one of the fastest growing software companies in the world today. Connectiva's award-winning flagship product is ONEREViEW™ - whose unique process-driven approach helps service providers improve their business and financial performance dramatically. Operators who have partnered with Connectiva to identify and recover over $200 million in revenue leakage include Bharti Televentures, the MTC Group of Companies, Wataniya Telecom, Tunisiana, Etisalat and Cable & Wireless.

 

www.connectivasystems.com

Contact:                                               
Mr. Kaustav Ghosh                                                     
kghosh@connectivasystems.com                                
+91 33 2357 7531