Portal to Roll Out Advanced Cable Services to High Speed Access Corp.; Portal and High Speed Access Corp. Expand Relationship
============================================================ CUPERTINO, Calif.--(BUSINESS WIRE)--May 8, 2000--Portal Software Inc. (NASDAQ:PRSF), a leading provider of business infrastructure software for Internet and next-generation communications services today announced that High Speed Access Corp. (NASDAQ:HSAC), a leading provider of broadband services, has selected Portal's customer management and billing software to provide the billing platform that will support its high-speed, consumer cable modem services. Expanding its relationship with Portal, High Speed Access Corp. ("HSA") plans to deploy Infranet(R) for advanced ISP services such as data over cable modem and voice over Internet protocol (VoIP) services. HSA provides a comprehensive turnkey solution available to cable operators, enabling them to offer their subscribers Internet access at speeds substantially faster than traditional Internet access, and at minimal operating cost to the cable operator. HSA enters into long-term contracts with cable operators to provide them with the Company's services. What sets HSA apart from its competition is its offering of a complete turnkey solution that enables cable operators, at a minimal cost, to completely outsource their value-added IP services. As a result, HSA provides its customers end-to-end services, including installation and operations, local content, powerful local marketing and community outreach, customer service, and direct customer billing. "Through the use of Portal's Infranet, we have been able to position HSA as a leader in the broadband marketplace," said Thad Mazurczyk, vice president of business development at HSA. "Our decision to expand our relationship with Portal was based on the need for a billing solution capable of supporting the wide range of advanced services an ISP must offer in today's competitive market place. We evaluated alternative billing solutions, and it was evident that Infranet continues to offer us the most flexibility. We were particularly impressed by the way that Infranet enables our marketing department to respond to various market dynamics." By expanding its relationship with Portal, HSA continues to have immediate access to Infranet's complete flexibility and functionality, which enables providers to rapidly bring new services to market and support substantial subscriber growth. With Infranet, cable providers can also support multi-service businesses to offer basic access as well as a wide range of other fee-based, value-added services. "We are extremely pleased to expand our relationship with HSA, one of the leading high-speed Internet access providers," said Vijay Iyer, senior director of market development at Portal Software. "HSA's decision reaffirms their commitment to Infranet and its ability to enable HSA to rapidly and flexibly extend their service offerings, including high-speed data over cable modems and VoIP over cable."
About HSA
High Speed Access Corp. (NASDAQ:HSAC) is a leading provider of broadband services to residential and commercial end users. The Company believes that it provides the most comprehensive turnkey solution available to the cable operator. For more information, please visit the company's Web site at www.hsacorp.net.
About Portal Software Inc.
Portal Software Inc., is building business infrastructure for the Internet. Based in Cupertino, Calif., Portal is the 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, Qwest Communications, Inktomi, Covad, Deutsche Telekom's T-Online, Telenor Mobil AS, Juno Online, France Telecom and Demon. Information about Portal and its products can be found at portal.com. (c)2000 Portal Software Inc. All rights reserved.
Infranet is a U.S. registered trademark, and Portal Software, the Portal logo, and Infranet 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.
This press release contains statements about future events and expectations, which are "forward-looking statements." Any statement in this press release that is not a statement of historical fact may be deemed to be a forward-looking statement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
CONTACT: Portal Software Inc., Cupertino Media Contacts: Christina Dort, 408/572-2545 cdort@portal.com
KEYWORD: CALIFORNIA INDUSTRY KEYWORD: SOFTWARE INTERNET MARKETING AGREEMENTS
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