October 27, 1999 09:53
CTIG Releases International Residential Billing Service
VALLEY FORGE, Pa.--(BUSINESS WIRE)--Oct. 27, 1999--CTI Group (Holdings) Inc. (OTC: CTIG)
announces today that its USA subsidiary, CTI Data Solutions Inc. has released its residential billing service
for its largest International billing customer based in Milan.
Under an agreement with PlaNETwork Italia S.R.L., CTI has enhanced the functionality of its 32-bit
Windows NT Neptune billing and customer care (BACC) system, to incorporate the needs for residential
billing in the Italian market. Commenting on the software release, Tom Duffy, CTI's Billing Services Chief
Operating Officer, stated, "Neptune's powerful GUI front-end and processing power eased the enhancement
for the residential market. Our BACC system also benefited by having dual currency conversion capability
which allows pricing in both the Lira and Euro Dollar simultaneously."
Tony Johns, CTIG's Chairman and Chief Executive Officer, stated, "This enhancement to our BACC system
will assist PlaNETwork in its growth ambitions in the Italian market. Their call traffic, which we process, has
already increased more than ninefold during the past 12 months and they have now become our second
largest billing client. The additional market PlaNETwork now addresses should enable them to continue this
pattern of growth that in turn will benefit CTIG's revenues. When our resources permit we intend to begin a
marketing effort of this service in Europe from our UK office base."
About CTI Data Solutions
CTI Data Solutions has been the leading supplier of call management solutions for over 30 years. The
company designs, implements and supports its software and offers a range of support services such as
training, tariff support and consultancy. End-users span all industries, as well as the public sector, ranging
from small businesses using a single PBX to large multi-nationals with multi-vendor telecom networks.
CTI Data Solutions is a wholly-owned subsidiary of CTI Group (Holdings) Inc., a publicly traded company
listed on the OTC Bulletin Board in the USA (Symbol CTIG). The company has software installations in over
13,500 sites worldwide.
This release contains forward-looking statements that involve risks and uncertainties. These statements
may differ materially from actual future events or results. Readers are referred to documents filed by CTIG
with the U.S. Securities and Exchange Commission, specifically the most recent Form 10-KSB.
CONTACT: CTI Group (Holdings) Inc., Valley Forge
Anthony P. Johns, Chairman & CEO, 610/666-1700
Fax: 610/666-7707
Email: tjohns@ctigroup.com
or
CTI Data Solutions Inc
Thomas J. Duffy, COO Billing Services
610/666-1700, Fax: 610/666-7707
Email: Tduffy@ctigroup.com
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