Am-Beo Advances Balance Management for Prepaid Content; Software Version 4.0 Delivers Rating, Revenue Management and Parlay Support.

Business Editors/High-Tech Writers

Billing Systems Conference

LONDON--(BUSINESS WIRE)--May 13, 2003

Am-Beo, the global leader in revenue settlements, roaming and rating, announced today the availability of its latest software release, rate-rec 4.0, which includes additional pre-paid and balance management functionality to its existing real-time, rules based rating, partner management and settlements capabilities.

"Pre-paid services and balance management have become increasingly important as service providers pursue the content and digital product markets," said John Brady, CEO of Am-Beo. "Rate-rec 4.0 supports OSA/PARLAY, as well as advice of charge, account management, charging and electronic invoices. Rate-rec is designed for pay-as-you-go and post-paid environments as well, and even manages subscribers who wish to utilize all three environments."

Along with pre-paid services and balance management, revenue settlement and partner management have also become key issues for service providers as they partner with companies to deliver the products and services the market demands. Enhancements in rate-rec 4.0 maintain Am-Beo's leadership in revenue management for content services and their leadership in providing the capabilities to increase customer loyalty and average revenue per user.

In addition, as the telecommunications industry continues to provide more content and content delivery, the need to price these products based on many criteria makes the rating system pivotal to the content business model. Rating has become a key element for the successful introduction of new digital products and services.

Am-Beo creates software solutions for managing the growing complexity of delivering next-generation products and services to communication service providers. The Am-Beo technology supports content-based services, messaging, prepaid, traditional voice, GPRS, IP WLAN, and all broadband services. It uniquely provides WLAN hot spot roaming and partner reconciliation to settle revenue-sharing agreements in multi-party transactions. As an adjunct proposition, rate-rec allows the deployment of new and advanced services while retaining the operator's existing billing solution. Am-Beo software is designed to enhance the existing infrastructure, not replace it, allowing service providers to minimize their expense and risk, while adding the needed revenue settlement, roaming and rating functionalities.

About Am-Beo

Based in Galway, Ireland and with offices in France, Spain and the United States, Am-Beo is a global provider of real-time rating and settlement solutions for the communications, WLAN and next-generation services industry. Am-Beo's provides rating, roaming and revenue settlement for voice, data, content and other usage-based services. Tornado Insider recently recognized the company as one of the Top-10 Technology companies in Europe. www.am-beo.com.