TELARIX ANNOUNCES SUCCESSFUL 2009
Company’s Leadership Momentum Continues with Expanded Global
Client Base and Product Innovation
VIENNA, VA- February 16, 2010 - Telarix, Inc., the leading provider of business information exchange and interconnect OSS/BSS solutions for content providers, IP service providers and global fixed and mobile operators, today announced that it achieved 170% year over year growth increase in new customer sales bookings and expanded its global client base by over 30% with strategic wins in Europe, Middle East, Africa, Asia Pacific, Latin America and North America. The company also enhanced its product offerings, including an expansion of iXLink’s portfolio of services.
In 2009, Telarix saw strong growth across the company’s two business lines, iXLink® and iXTools®. iXLink, the global business information exchange service for the telecom community, experienced strong demand with the introduction of several new services. Price List Receipt with Dial Code Mapping enables carriers to simplify and automate their purchasing process and to take advantage of Telarix’s best in class dial code mapping functionality to instantly analyze all partner offers and eliminate the risks associated with dial code discrepancies. By providing detailed destination breakouts and associated cost savings analysis, carriers have the financial controls to effectively manage their business risks while protecting their overall margins. Telarix also introduced a next generation CLI monitoring service which provides mobile, fixed-lined and VoIP carriers the ability to accurately verify Calling Line Identification (CLI) for mobile and landline destinations worldwide. Delivering accurate CLI information to the terminating handset has a direct impact on a carrier’s bottom line as many mobile customers will not answer calls from unknown or blocked numbers.
Telarix’s iXTools solution set continued to experience increased global demand as carriers sought to an end-to end solution that provides a holistic view of their entire interconnection operation including partner management, routing optimization, trading and revenue assurance. Built on a traffic agnostic platform, iXTools is designed for next generation networks by allowing service providers to optimize, rate and bill for different types of traffic on their network such as traditional TDM voice traffic as well as content and VoIP. New development enhancements to iXTools in 2009 also increased CDR processing fivefold, providing carriers with real-time intelligence on their interconnect networks.
Growth was especially strong for Telarix’s revenue assurance module, iXBill® which allows service providers to eliminate revenue leakage by supporting interconnect agreements with other carriers, regardless of the level of complexity and the type of network. This level of sophistication ensures that all billable activities are accurately captured, rated and billed while enabling carriers to support a variety of agreement types and rating scenarios including the multi-party settlements and sophisticated revenue sharing partnerships common in today’s dynamic voice, data, and IP interconnect market.
The success of iXTools in 2009 included strategic wins among emerging service providers, dominant regional players, and traditional incumbents in both the fixed and mobile industry. Sales growth was especially strong in Latin America where Telarix’s iXTools has become the next-generation interconnect business optimization and settlement solution of choice by the region’s leading carriers.
“Our growth and global wins with cable, fixed and mobile service providers exemplifies the success Telarix is achieving in providing comprehensive solutions specifically designed to address the interconnect challenges associated with Next Generation Networks,” said Scott Coffey, Senior Vice President of Global Sales and Business Development at Telarix. “By building upon our market leadership and high rate of customer satisfaction, we have created a solid foundation for exponential growth in 2010.”
“Telarix’s continued success in 2009, despite a challenging business environment, is a statement to the stability of this company and the value our solutions provide carriers around the world," said Glen Kazerman, COO of Telarix. “As we continue to expand our product offerings, Telarix is well positioned to continue its strong pace of growth and expansion in the coming year.”
About Telarix, Inc.
Telarix, Inc. delivers the leading business information exchange and interconnect OSS/BSS solutions for content providers, IP service providers and global fixed and mobile operators. iXLink is a neutral business exchange service designed specifically for the telecom industry. Created in conjunction with a number of the world’s largest telecom providers, iXLink provides a secure, reliable business-to-business information exchange platform that enables communication service providers to automate business processes as well as quickly and efficiently access and share business documents among their trading partners. Telarix's innovative platform, iXTools, provides the real-time business intelligence required to manage costs and drive profitability on interconnect networks. By analyzing both revenue and cost information associated with telecom traffic in near real-time, service providers can optimize all aspects of their interconnect business including partner agreement management, trading, traffic routing, network provisioning, billing, invoice reconciliation and dispute management. Please visit www.telarix.com and www.ixlink.com for more information.
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