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Technology Stocks : Saville Systems (SAVLY) -- Ignore unavailable to you. Want to Upgrade?

To: upndn who wrote (52)	1/14/1998 2:32:00 PM
From: upndn	Read Replies (1) \| Respond to of 261

BURLINGTON, Mass.--(BUSINESS WIRE)--Jan. 14, 1998-- Convergent customer care and billing system will enable diAx to bring range of telecom services to market As one of the first competitors to Switzerland's monopoly telecommunications carrier, diAx today announced it will use Saville's (NASDAQ:SAVLY) Convergent Billing Platform (CBP)(tm) to provide customers with discounted packages of telecom products and services. Saville CBP's flexible pricing and fast implementation will enable diAx to quickly bring new telecom products and services to market, helping it compete with incumbent telecom provider, Swisscom. diAx, which was formed by Swiss Re, SBC Communications and diAx holding, a consortium of Switzerland's utilities, will provide telecom services to residential customers, small and medium sized businesses. Switzerland generates three billion international calling minutes annually, the seventh largest volume in the world. To help it provide convergent - multiple services on one invoice - telecom services, diAx needs a system that provides flexible pricing capabilities. "We selected Saville CBP because it provides us with the functionality to offer attractive, market-led products and services quickly," said Stefan Vogt, marketing director at diAx. "Saville CBP's convergent architecture, for example, allows us to offer packages of services with advanced pricing and discounting capabilities." In addition to pricing options, diAx needs a billing partner that can help it get the system operational in a very short time and grow with its future needs. "Saville has an impressive track record of quickly implementing systems. The direction of Saville CBP will also allow diAx to run all services on one convergent billing and customer care solution," said David Hamrick, information technology manager at diAx. diAx will enter the fixed line market and will compete for a new GSM (Global System for Mobile Communications) license when it is made available early this year. diAx is completing a 1,800 km advanced digital fiber optic network linking all major Swiss cities, and providing rapid, high-quality transmissions nationwide. "The diAx contract is testimony that Saville is fast becoming a major force in the European telecom billing and customer care systems market. We are pleased to welcome diAx to our rapidly growing base of customers in Europe," said Tony Bethell, Saville's European vice president of sales and marketing. About diAx diAx, the new Swiss telecom company, was formed by SBC Communications and diAx holding, a consortium of Switzerland's utilities and Swiss Re. diAx will create strong competition to Swisscom. The new company will target private customers and small to medium sized businesses, and will offer services nationwide. For more information about diAx, visit the company's Web site at www.diax.ch About Saville Founded in 1982, Saville is the leading provider of convergent billing and customer care solutions for the telecommunications industry. Saville operates globally with offices in the U.S., Canada, Ireland, Singapore, U.K. and Germany, and has more than 1,100 employees worldwide. Saville is a publicly held company, traded on the Nasdaq (US) market under the symbol SAVLY. For more information, Saville can be reached at www.savillesys.com, or call (+1) 781-270-6500. Last 39 3/4 +2 1/8 vol 165,900 Jim