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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: nord who wrote (1867)	2/7/1999 8:16:00 PM
From: nord	Read Replies (1) \| Respond to of 30916

TTI Wins Contract from IDT Corporation TTI To Install Full Network Management Solution and an Intelligent Routing System, its new CDR-Based Product PETAH TIKVA, Israel - October 13, 1998 - TTI Telecom (NASDAQ:TTILF) announced today that is has been awarded a contract with IDT Corporation (NASDAQ: IDTC) ("IDT") to provide a full Netrac-based network management solution, including fault management, configuration management, performance monitoring, and an SS7 surveillance system. In addition, TTI will provide an intelligent routing system, its new Call Detail Record (CDR)-based product. Installation is expected to be completed within six to nine months. IDT is a leading emerging multinational carrier that combines international and domestic long-distance telephone, Internet access and global Internet telephony services to provide a broad range of telecommunications services to its wholesaler and retail customers worldwide. The Company has also developed a fast growing wholesale telecommunications business, by routing international calling traffic from other carriers through its own telecommunications switching and network infrastructure. "This contract with IDT testifies to TTI's ability to quickly meet a rapidly growing customer's urgent need to deploy new network elements using our market proven technology." commented Meir Lipshes, Chief Executive Officer of TTI. "TTI's scalable network management system will enable IDT to expand its network efficiently and to enhance its network services offering to its international customer base." "TTI continues to establish new customer relationships with an increasing number of new telecommunications service providers that have emerged as a result of deregulation in the international telecommunications industry. IDT, our first internet services customer, is an example of TTI's growing customer base." Lipshes concluded. About TTI: TTI Team Telecom International Ltd. develops, markets and supports advanced, modular, integrated software products and services for operations support systems ("OSS") and network management systems ("NMS") in the telecommunications industry. The Company's solutions, based on its Netrac family of products, enables telecommunication service providers to improve existing services, streamline their operations in order to compete cost-effectively, maximize the return on their investment in network infrastructure and offer new services over complex networks. The Company's products manage mission-critical functions, such as fault management, performance management, configuration management and security management of telecommunications networks.