CRM, Policy Management & Billing Solutions – FTS
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FTS Strengthens its Relationship with freenet AG

One of the leading German Service Providers Upgrades to FTS’ Highly Flexible Leap™ Billing 4.6 .

Herzliya, Israel | April 17, 2008: FTS (LSE: FTS), a global provider of Billing, CRM and Business Control solutions for communications and content service providers, today announced that freenet AG, one of Germany's leading internet and telecommunications companies, has decided to upgrade its charging and billing systems to FTS’ newest release - Leap™ Billing 4.6.

freenet AG will be upgrading its existing FTS billing platform to the latest version of FTS’ Leap Billing. This upgrade will offer freenet enhanced billing flexibility and in-house control, implementing real-time billing decisions on the basis of business rules that can be defined and updated without the need for vendor intervention. The upgrade is testimony to the quality of the FTS solution and the strength of the relationship that FTS has developed with freenet AG. 

freenet AG, the result of a merger between freenet.de AG with mobilcom AG in March 2007, is a provider of Internet, landline and mobile telephony services. In 2004, the company implemented FTS’ flagship Leap Billing solution for rating, billing and customer care of its voice, broadband and data services.

Running over the most advanced environments, the latest version of FTS’ Leap Billing will be used by freenet AG to support its traditional voice, carrier preselect voice, broadband, dial-up Internet and VoIP services, in addition to content and e-commerce services offered via the freenet portal. The upgrade will provide freenet AG with new modules for business planning, customer contact and inventory management. Additionally, it will offer enriched capabilities to independently define and update business rules for charging and billing, enabling immediate responses to business policies within multi-service environments, with dynamic cross discounting and promotions.

“FTS has repeatedly demonstrated unparalleled professionalism throughout the last four years of working with freenet,” said Nicolas Tetau, Billing Manager, freenet AG. “We have found FTS’ market leading Leap Billing solution to be extremely flexible, enabling us to implement new services and bundles easily and cost effectively.”

“We are delighted to be building on our longstanding relationship with freenet with this upgrade to Leap Billing 4.6,” said Gil Hurwitz, FTS’ Chief Operating Officer. “We pride ourselves on offering billing solutions that are not only technologically innovative, but also meet our customers’ needs for flexibility and in-house control. This upgrade is testimony to our success in meeting freenet’s needs within complex, multi-play scenarios.”

Leap Billing is a real-time charging and billing solution that allows providers to bill for convergent, next-generation services delivered over single or multiple network technologies. Based on FTS’ patented business-control technology, Leap Billing captures events in real time and responds to them based on a preconfigured set of business policies or actions. This flexibility and ease of use enables the operator to bring new services to customers quickly and economically.

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About freenet AG

freenet AG is one of Germany’s leading providers of Internet and telecommunications services. In March 2007 the listed company emerged invigorated from the merger between freenet.de AG and mobilcom AG, as a universal Internet, fixed-line and mobile telephony provider. freenet AG combines the expertise of the experienced mobile provider mobilcom with the proficiency of the Internet and fixed-line expert freenet.de AG, a former mobilcom subsidiary. With a franchise system of shops in over 370 locations, and more than 2500 distribution partnerships with retailers, freenet AG will continue to cultivate a market presence with the mobilcom and freenet.de brands. Thanks to its broad-based sales network, the company is always close to customers and offers compelling personal service. As a full-service provider, freenet AG services approximately 12 million customers from its locations in Hamburg, Kiel, Büdelsdorf, Berlin, Düsseldorf and Erfurt.

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For further information please contact:
Sonus PR for FTS
Patrick Smith, Tel. +44 20 7903 5454, patrick.smith@sonuspr.com
FTS
Moshe Peterfreund, Tel. +972-9-952-6536, press@fts-soft.com  

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About FTS

FTS (LSE: FTS) is a leading provider of Billing, CRM and Business Control solutions for communications and content service providers. By analyzing events from a business standpoint rather than just billing them, FTS allows providers to better understand their customer base and leverage business value from every event and interaction. FTS deploys its full range of end-to-end, stand-alone and add-on solutions to customers in over 40 countries and has implemented solutions in wireless, wireline, cable, content and broadband markets including multiple cross-network installations. Serving the evolving needs of both traditional and next generation service providers, the company’s operations comprise four international R&D locations and strategically-located sales support offices worldwide.  For more information please visit http://www.fts-soft.com/.


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