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Technology Stocks : Covad Communications - COVD

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To: Mr. Stress who wrote (263)9/7/1999 11:32:00 AM
From: Mark Duper  Read Replies (1) of 10485
 
Infranet(TM) provides complete billing system for a leading
provider of broadband Internet access

Portal Software Inc. (NASDAQ: PRSF), a leading provider of business
infrastructure software for Internet and next-generation communications
services, announced today that Covad Communications, a leading provider of
broadband access, has selected and implemented Infranet(TM) as the billing
component for its Digital Subscriber Line (DSL) service. Infranet's real-time
technology will enable Covad to provide it's national subscriber base instant
account creation, to launch new products and services and to manage multiple
pricing plans for their home and business users.

"Covad is the recognized leader in broadband DSL service, and our rapid
growth requires a system that is flexible and scalable," said Hamid Alipour,
Chief Information Officer at Covad. "Portal's Infranet is a good fit for us
because of its adaptability and ease of integration with our front-end and
back-end systems."

Infranet's unique application programming interface enabled Covad to
implement Portal's business infrastructure system in twelve weeks, a critical
factor in the decision to adopt the software. Covad currently services 51
metropolitan statistical areas with a variety of pricing plans and customer
service agreements. Infranet provides Covad with a comprehensive system that
enables them to quickly introduce new business models, to develop specialized
promotions and to launch new products and services.

Covad's DSL service allows high-speed access to the Internet and corporate
networks through the copper phone wires found in businesses and homes today.
DSL offers customers a dedicated and secure data connection which is always
available. Currently these services are available through a number of Internet
service providers around the country. Infranet will be able to bill ISPs
according to the structure developed for particular regions.

"Covad's Digital subscriber line service demonstrates the kind of
next-generation technologies that demonstrate the power of Infranet," said
Steve Sommer, vice president business development at Portal. "The broadband
market is highly competitive and successful companies will require a customer
management and billing solution that will give them the flexibility and
scalability necessary to develop new and exciting business models to grow and
be competitive."

About Portal Software, Inc.

Portal Software, Inc., is building the business infrastructure for the
Internet. Based in Cupertino, Calif., Portal is a leading provider of customer
management and billing software for Internet and emerging, next-generation
communications services. The company's real-time solution enables service
providers to manage customers, support services and collect money. Portal's
customers include US WEST, BellSouth.net, Qwest, Concentric, Microsoft, Juno
Online, France Telecom, Demon, OzEmail and ICL. Information about Portal and
its products can be found at portal.com.

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