Aether Systems and Daleen Technologies Enter Strategic Partnership; Companies to Develop Advanced Billing Solutions for Aether's Wireless Data Services.Business Editors/High Tech Writers BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Feb. 27, 2001 Daleen Technologies Inc. (Nasdaq:DALN), a global provider of software that manages the revenue chain for next-generation service providers, today announced that Aether Systems Inc. (Nasdaq:AETH), a leading provider of wireless data products and services, has chosen Daleen as its exclusive strategic partner for providing billing solutions for its products and services. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the terms of the multi-year exclusive agreement, the two companies will participate in cooperative marketing and sales efforts in addition to joint development of products and services. Daleen will work with Aether Systems to define the functional requirements See information requirements and functional specification. (specification) functional requirements - What a system should be able to do, the functions it should perform. and interfaces of future billing solutions based on the Daleen RevChain(TM) Commerce application to address the growing wireless data marketplace. "Daleen brings to Aether a comprehensive approach to accelerating time-to-revenue across all aspects of the organization," said Tom Lupica, senior vice president of wireless services for Aether Systems. "Daleen understands that to stay competitive, service providers must be able to perform complex combinations of rating, pricing, service bundling and promotions with countless other parameters for millions of transactions. We look forward to continued success working with Daleen." "This strategic alliance is important to Daleen's positioning as a leading provider of solutions for managing the revenue chain," said David Corey, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for Daleen. "We will provide Aether with robust back-office billing capabilities over a pure Internet platform to enable tier-one capable throughput and scalability. Our combined development work will result in an unparalleled competitive advantage in the wireless data market." About RevChain Commerce The Daleen RevChain Commerce application provides robust back-office capabilities including service management, customer management, fulfillment and billing and settlement. It incorporates one of the industry's most powerful Internet-enabled billing and customer-care solutions providing tier-one capable throughput and scalability. Additional features include multinational currency and language capabilities, data segmentation for multiple business units, complex rating and discounting, revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. and co-branding. The RevChain Commerce application is based on the Daleen Internet Integration Architecture (IIA (1) (Information Industry Association, Washington, DC) In 1999, IIA merged with SPA (Software Publishers Association) to become the Software & Information Industry Association. See SIIA. (TM)) system. The IIA system leverages open Internet technologies such as HTTP HTTP in full HyperText Transfer Protocol Standard application-level protocol used for exchanging files on the World Wide Web. HTTP runs on top of the TCP/IP protocol. , XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. and J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems. to support Internet-enabled customer self-care and e-commerce capabilities, while integrating seamlessly with legacy and existing systems. About Daleen Daleen Technologies Inc. is a global provider of software that manages the revenue chain for next-generation service providers. Daleen's industry-focused RevChain(TM) software suites automate and manage service providers' revenue chains -- including customers, services, activation, order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment and billing -- internally in the back-office, customer-facing through the Web and with customer service representatives, as well as with partner relationships. Daleen enables service providers to use the Internet to maximize time-to-revenue and rapidly adapt to new opportunities, giving them a competitive advantage in today's economy. The company distributes its software worldwide via its Business Alliance Partners and Daleen Solution Providers. Additional information is available at www.daleen.com. Certain matters discussed in this release may be considered "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by 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. Those statements include statements regarding the intent, belief or current expectations of the company and its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include the effect of business and economic conditions; the company's ability to manage its capital and, if necessary raise additional capital; the impact of competitive products and pricing; need to expand sales and distribution capabilities; lengthy sales cycles and timing of contract awards; our continued use of strategic relationships to implement and sell our products; meeting customer expectations; and quality of software delivered. These are set forth in 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 and in the company's Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. . The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. Daleen, IIA and RevChain are registered trademarks or trademarks of Daleen Technologies Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. All other trademarks and registered trademarks are property of their respective owners. |
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