Accudata Technologies Provides Access to Data Validation; New Company Helps Customers Save Money by Offering Real-Time Turnaround on Data Requests.

Business Editors/High-Tech Writers

ALLEN, Texas--(BUSINESS WIRE)--March 17, 2003

The issues of security, identity theft and financial prudence are extremely important to all telecom-based companies whose business is dependent on accurate caller data. Valid information about callers is at a premium because invalid data can lead to costly mistakes, and in the current economic climate, there isn't a lot of money to spare. For this reason, a new company, Accudata Technologies, develops and offers a number of proven services targeted at providing fast, flexible access to valid data.

Accudata serves as an access hub for validating and acquiring information associated with telephone numbers. This information includes items such as name and address verification, details regarding whether the individual to whom the number corresponds is likely to pay for charges - as in the case of a collect call - and bankcard authorization.

"When our customers need access to information and valid data, they need it right away, since every day they don't have the correct information could be a day they're losing money," said Accudata CEO M. Gregory Smith. "The majority of our requests are processed in real time, and we're flexible enough to turn around large batch requests in 24 hours or less in most cases - a promise other companies in this business can't make."

Though divided into somewhat separate disciplines, Accudata's validation services translate information between diverse protocols such as SS7, PSTN and IP in order to access local number portability and line information databases (LIDBs), billing name and address information and the aforementioned bankcard transaction verifications.

Accudata also provides LIDB storage of phone numbers and corresponding information. The company's LIDB is one of only 13 in the United States. Data on the majority of the working wireline telephone numbers in North America is stored in these 13 LIDBs, which maintain important customer information, including a customer's telephone service provider and collect call preferences. Accudata pays CLECs to store numbers in its LIDB, and when service providers use the LIDB to access information regarding particular customers, they pay a fee to Accudata for access to that information.

About Accudata Technologies

Accudata Technologies, originally founded as Revenue Communications Inc. (Revcom) in 1989, provides flexible access to data validation through innovative approaches to data transmission. The company serves as an access hub for validating information associated with telephone numbers. Its validation services include translating information between diverse protocols such as SS7, PSTN and IP in order to access local number portability and line information databases (LIDBs), billing name and address information and bankcard transaction verifications. Additional information regarding Accudata can be found on the company's Web site: www.accudatatech.com.