PRSF,
Sprint E|Solutions Selects Portal Software's Infranet to Deliver Billing Efficiency
CUPERTINO, Calif., Aug 28, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs) announced today that it has been selected by Sprint Corp. (NYSE: FON chart, msgs, PCS chart, msgs) to provide its industry-leading customer management and billing platform, Infranet(R). Infranet will support Sprint E|Solutions' portfolio of Internet and professional services.
"Our Internet and managed services customers require innovative solutions for their increasingly complex and rapidly evolving environments. Portal's Infranet provides Sprint E|Solutions the robust flexibility we need to craft customer-friendly integrated offerings," said Chris Clark, vice president, product management Global SprintLink. "In addition, Portal's open architecture will allow us to have our billing platform live in record time."
Infranet will enable Sprint E|Solutions to efficiently bill for services including complex product promotions and discounting. Infranet provides a flexible, scalable billing solution that will support Sprint's expanding customer base to enable the company to launch new services quickly and control revenue leakage.
"Sprint E|Solutions sets itself apart from its competitors with its full service offering that includes Internet transport, hosting, security, consulting and managed services. Infranet provides a platform that will allow Sprint to further differentiate its offerings with flexible pricing, bundling and cross-product promotions," said Steve Sommer, vice president business development and marketing at Portal Software. "Portal and Sprint have had a long standing relationship and it is exciting to be part of this new initiative."
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