Monday February 26, 8:03 am Eastern Time
Press Release
Portal Software Partners with Siebel Systems
Leading Software Applications Vendors to Jointly Target Communications Service Providers
CUPERTINO, Calif.--(BUSINESS WIRE)--Feb. 26, 2001--Portal Software, Inc. (Nasdaq:PRSF - news), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, today announced that it has joined the Siebel Alliance Program and that the two companies will be working together to provide a joint solution. Siebel Systems, Inc. (Nasdaq:SEBL - news) is a leading provider of eBusiness applications software. As part of the alliance, the companies plan to bridge Portal Infranet® with Siebel eCommunications 2000. When complete, the combined offering will enable a comprehensive eBusiness and billing solution to help communications service providers improve customer satisfaction through real-time customer billing account management.
``Competition in the communications industry continues to evolve at an unprecedented rate,'' said Richard Campione, vice president and general manager of Siebel Communications and Energy. ``It is now more important than ever for service providers to leverage customer relationships to drive and sustain competitive advantage. The combination of Portal Infranet and Siebel eCommunications will support the needs of today's carrier by delivering the customer-centric solution needed in this hyper-competitive business environment''
``Portal Software has worked closely with Siebel Systems to implement and provide solutions to joint customers, which is why it makes good business sense for us to formalize an alliance,'' said Steve Sommer, vice president of Business Development and Marketing at Portal. ``With an alliance in place, we can integrate our products to deliver a complete eBusiness solution for service providers. Developing strong alliances has become a critical part of maintaining a competitive advantage in the continually evolving communications market. We are confident that our alliance with Siebel Systems will keep us in step with the long-term needs of our customers.''
Designed specifically for the communications industry, Siebel eCommunications is a comprehensive family of eBusiness applications that allows organizations to manage, synchronize, and coordinate all customer touchpoints including the Web, call center, field organization, and distribution channels.
Siebel eCommunications is designed to support the needs of wireline, wireless, cable, and Internet service providers serving a broad range of end-customers, from consumers, to businesses of all sizes. It offers outstanding functionality to create a closed loop among sales, marketing, and customer service professionals.
About Portal Software, Inc.
Portal Software provides software to manage next generation communications and e-services. The Infranet software platform enables service providers to rapidly deploy new services, define optimal business models and price plans, and bill their users. Portal's software is licensed by three-quarters of the world's 30 largest communications services companies, supporting wireless, broadband Internet, next-generation voice and other e-service offerings. Customers include AOL Time Warner, Reuters, Qwest Communications, Sprint, NTT, Deutsche Telekom, Telenor Mobil AS, China Telecom, and France Telecom. Portal Software employs over 1,500 people at more than 40 offices worldwide. For more information, visit www.portal.com.
Note to Editors: Infranet is a U.S. registered trademark, and Portal and the Portal logo are trademarks of Portal Software, Inc. All statements made in this press release are made only as of the date set forth at the beginning of this release. Portal undertakes no obligation to update the information in the event facts or circumstances subsequently change.
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