Accenture and MetaSolv Join Forces to Offer Complete Solutions to Next-Generation Converged Networks.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 26, 2001 In a move to simplify the deployment and management of next-generation voice and data networks, Accenture and MetaSolv Software, Inc., today announced they are working together to help communications companies automate and streamline the complex processes used in planning, building and operating reliable networks. Accenture, formerly known as Andersen Consulting See Accenture. , is a leading global management and technology consultancy. MetaSolv is the leading provider of mission-critical operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such (OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. ) software, including order management and service fulfillment solutions for next generation communications providers. The global marketing agreement between Accenture and MetaSolv offers communications providers consulting services and recommendations for long-term solutions to business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets issues, including MetaSolv as the cornerstone of a comprehensive OSS solution. MetaSolv's integrated software Separate software components or applications that have been combined into one package. See integrated software package. solution automates the numerous business and technical processes involved in network operations, planning and support, including order management and fulfillment, service provisioning and customer care functions. Solutions offered through the alliance between Accenture and MetaSolv enable communications providers to streamline processes that support a full range of next-generation communications service offerings, from local and long-distance telephone service to dedicated access lines, enhanced voice and data services and a suite of Internet services. Communications carriers are increasingly bundling these services together to offer them to customers at reduced costs. "The integration of processes involved in the various stages of network planning and operations makes this a compelling solution for the increasingly competitive landscape that communications carriers face around the globe," said Ab Krall, managing partner, communications and high tech group, Accenture. "An integrated solution helps service providers penetrate target markets and acquire new customers more rapidly, and it also helps roll out new product lines with greater speed and reliability." "This strategic relationship offers next-generation communications providers solutions created to meet their current and future needs," said Dana Brown, vice president, marketing, MetaSolv Software, Inc. "Accenture's worldwide reach and MetaSolv's expertise in OSS software is a winning combination that will enable communications providers around the globe to quickly implement proven mission-critical solutions." Next-generation networks, which are built predominantly using open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced and the Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. , are capable of providing multiple services. They are rapidly displacing proprietary, circuit-switched telephone networks, allowing communications providers to offer a wide array of products and services to customers and to bundle these service offerings together. Network planning and operations support have become increasingly complex with the deployment of these networks and bundled services, which require tighter integration among the various network operating support systems and customer care procedures to ensure network reliability. Key processes integrated within the solution created by Accenture and MetaSolv include Web-based order entry, order management, service provisioning, network inventory, trouble management and workflow management. About MetaSolv MetaSolv, Inc., (Nasdaq: MSLV) headquartered in Plano, Texas Plano (IPA: /ˈpleɪnoʊ/) is a wealthy suburb of Dallas, Texas, located to the north, mainly within Collin County, but also extending into Denton County. According to the 2000 U.S. , was founded in 1992. MetaSolv, through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Metasolv Software, Inc., is a leading provider of customer self-care, order management and service fulfillment solutions for next generation communications providers. The MetaSolv Solution(TM) integrates a communications provider's business from network planning and engineering to operations and customer care. With the MetaSolv Solution, communications providers can quickly and efficiently respond to market demand, optimize their service fulfillment processes, and build stronger relationships with their customers. MetaSolv has regional offices in Atlanta, Chicago, Denver, McLean, VA and London. MetaSolv's web site is www.metasolv.com. Contact MetaSolv directly at (800) 747-0791. MetaSolv is a registered trademark. The MetaSolv logo, MetaSolv Solution, and Telecom Business Solution are trademarks of MetaSolv Software, Inc. All other trademarks are property of their respective owners. About Accenture Accenture, formerly known as Andersen Consulting, is a $10 billion global management and technology consulting organization. The firm is reinventing itself to become the market maker, architect and builder of the new economy, bringing innovations to improve the way the world works and lives. More than 70,000 people in 46 countries deliver a wide range of specialized capabilities and solutions to clients across all industries. Under its strategy, the firm is building a network of businesses to meet the full range of client needs -- consulting, technology, outsourcing, alliances and venture capital. Accenture's home page address is http://www.accenture.com. Renamed. Redefined. Reborn re·born adj. Emotionally or spiritually revived or regenerated. reborn Adjective active again after a period of inactivity Adj. 1. . On January 1, 2001 Andersen Consulting's name was changed to Accenture. Since August 7, 2000 Accenture has not been associated with Andersen Worldwide Andersen Worldwide Société Coopérative (AWSC) was a Swiss-based entity which managed the global offices of accounting firm Arthur Andersen. It was also the parent corporation of Andersen Consulting (now called Accenture) before its split in 2000. or Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing . This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. Actual results could differ materially from MetaSolv's current expectations. MetaSolv assumes no obligation to update any such forward- looking statement. Using the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, MetaSolv cautions you that these statements may be affected by the important factors, among others, described in the documents and reports filed by MetaSolv from time to time with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for 1999, as well as by other factors. |
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