To: SMALL FRY who wrote (59822 ) 9/7/1999 12:34:00 PM From: nokomis Read Replies (1) | Respond to of 120523
..PRSF - it's a great stock and a great company: News Story PRSF - NASDAQ National DSL Services Network Business Editors/High Tech Writers CUPERTINO, Calif.--(BUSINESS WIRE)--Sept. 7, 1999-- 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 . Note to Editors: Portal and Infranet are U.S. registered trademarks, and Portal Software, the Portal logo, the Real-Time-No Limits tagline and Infranet IPT are trademarks of Portal Software, Inc. --30--eb/sf* CONTACT: Portal Software, Inc. Christina Dort, 408/861-4536 cdort@portal.com or Access Communications Teddi Herman, 415/904-7070 therman@accesspr.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com