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Technology Stocks : Portal Software, Inc. (PRSF)

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To: FRANK J CATALANO who wrote (275)10/28/2002 10:39:53 AM
From: tech101  Read Replies (1) of 318
 
How many billing statements we receive every months - at least tens.

The traditional billing technology is extinct.

There are tens of thousand of systems and services, from telephone/wireless carriers, cable/TV/Satelite service providers, municipal services (water, gas, ...), mortgages, to credit cards billing and Internet services, all need to be updated shortly.

That's why Portal won four contracts - some are multi-million dollars - within about a month:

1. Telecarrier (Panama)
2. France Telecom
3. THUS (UK)
4. Telstra (Australia)

Other recent events include:

1. Portal is establishing a R&D center in India
2. Portal is partnering with Siebel
3. Cable and Wireless, a current customer of Portal is combining its entire billing including Exodus to Portal
4. Visa is in the late stage of the trial with Portal, ...

It looks like that PRSF is surviving and expanding to new areas, and there is the possibility of buying-out by CVG, Siebel, Oracle, Computer Associates, IBM, ...
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