(BSNS WIRE) Internet Usage Billing to be Added to CTIG's Neptune Billing
Internet Usage Billing to be Added to CTIG's Neptune Billing Platform
Business Editors/Hi-Tech Writers
VALLEY FORGE, Pa.--(BUSINESS WIRE)--March 22, 1999--CTI Group
(Holdings) Inc. (OTC:CTIG) announces today that the telecommunications
billing division of its USA subsidiary, CTI Data Solutions Inc., has
entered into an agreement with Fiberlink Communications to provide
billing services for their Long-distance and Internet based customers.
Under the agreement, CTI will enhance the functionality of its
32-bit Windows NT Neptune billing and customer care system to
incorporate usage based Internet billing.
CTI's billing divisional chief operating officer, Tom Duffy,
stated, "we are delighted to have secured this development opportunity
with Fiberlink because this additional functionality will bring our
Neptune product one step closer towards our goal of providing a fully
convergent billing solution to address this rapidly evolving market."
CTIG's Chairman and CEO, Tony Johns, stated, "the group has now
uniquely positioned itself with a family of Y2K compliant 32-bit coded
products with which to address its markets worldwide - well ahead of
most of its competitors.
"Over the past three years the group has invested heavily into
product development before the anticipated surge in programming costs
our competitors will have to face due to the buildup of demand for
programmers to resolve Y2K issues.
"As we approach the start of our new fiscal year, we are
confident we can benefit from our product positioning with a return to
profitability from an expected growth in revenues."
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.
--30--MF/ph*
CONTACT: CTI Data Solutions Inc., Valley Forge
Thomas J. Duffy COO Billing Services, 610/666-1700 x204
Fax: 610/666-7707
Email: Tduffy@ctigroup.com
KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET |
