Aptis and XACCT Partner to Provide Convergent Billing for IP Providers.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--Aug. 24, 1999-- Aptis, Inc., and XACCT Technologies, Inc., today announced an agreement to jointly market convergent, usage-based Internet Protocol (IP) billing solutions to telecom providers. The agreement includes integrating the XACCTusage(tm) system and the Aptis ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. (tm) business support software modules via application programming interfaces (APIs). This will allow customers to effectively bill for IP services the same way they would for any switch-based service. Aptis is the software subsidiary of Billing Concepts Corp. (Nasdaq:BILL), the leading billing solutions provider for communications companies. XACCT, the pioneer in the IP mediation market, is the developer of the XACCTusage metering and mediation solution for IP networks. Communications companies with aggressive business plans have a need for solutions that allow them to bill for a variety of services easily and effectively. However, flat-rate billing structures for such services have proven inflexible for most data and telecom providers, delaying the deployment of new services. Aptis and XACCT have agreed to provide APIs to link Aptis software applications and the XACCTusage mediation solution for IP networks. Aptis software modules currently bill for Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ), ATM Quality of Service (QoS), Frame Relay, XDSL, Private Line, and other frame/packet technologies. Aptis ISP software offers real-time provisioning, billing, and customer care. The XACCT partnership will allow Aptis to deliver a solution to provide usage-based IP billing solutions that allow data, telecom, and IP Service Providers to easily bill for a variety of IP Services. "The partnership with Aptis allows us to expand our presence in the multi-service provider segment. We believe that this market can greatly benefit from the advanced billing capabilities offered by Aptis," said Eric Gries, XACCT's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president. "As the IP market segment continues to grow, pricing by variables will become critical for competition. This agreement gives the Service Providers this capability on a turn-key basis." Parris H. Holmes, Jr., chairman and CEO of Aptis, concurred. "An interface between Aptis and XACCT increases the market for IP providers who can take advantage of the growing demand for more detail and flexible options. We are now positioned to give them what they need." About Billing Concepts Billing Concepts is the largest third-party provider of Local Exchange Carrier (LEC (1) (LAN Emulation Client) A software driver that provides LAN emulation (LANE) in an ATM network. It resides in an ATM end station or in a computer system that provides the LAN to ATM conversion, often known as a LAN access device. See LANE. ) billing clearinghouse and information services See Information Systems. to the communications industry. With over 400 customers throughout North America, the company offers outsourced billing solutions for Service Providers, from the newest entrants to some of the largest facilities-based providers in the industry. Headquartered in San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. , Billing Concepts also maintains an office in Corpus Christi, Texas Corpus Christi is a coastal city and the county seat of Nueces CountyGR6 in the U.S. state of Texas. It is part of the region known as South Texas. . For more information, visit www.billingconcepts.com. About Aptis Aptis is an experienced provider of comprehensive billing and customer care solutions to the communications industry. The company licenses fast-to-implement and cost-effective convergent billing software to virtually any size company in the industry. It supports multiple services such as Internet, PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. , wireless, paging, cable/satellite TV, local service, long distance, and Carrier Access Billing (CAB). Aptis serves over 120 installed customers in the U.S. Aptis maintains offices in San Antonio, Texas; Austin, Texas; Glendale, Calif; and Albany, New York For other uses, see Albany. Albany is the capital of the State of New York and the county seat of Albany County. Albany lies 136 miles (219 km) north of New York City, and slightly to the south of the juncture of the Mohawk and Hudson Rivers. . For more information, visit www.aptissoftware.com. About XACCT Technologies XACCT Technologies, Inc., is headquartered in Santa Clara, Calif. The company has established itself as the market leader in the emerging IP mediation market. XACCT develops a new class of intelligent software solutions that enable Service Providers and enterprises to accurately account and bill for metered services and applications. Data Communications magazine recognized XACCT as one of the "Top 25 Hot Startups of 1998," and it named XACCTusage as one of the "Hot Products of 1999." In addition, XACCT was one of the six companies named to the "Winners Circle: Software Companies to Watch" in Telecommunications magazine's March '99 issue. XACCTusage also received "Most Innovative Billing Product" recognition at the Billing Systems 1999 Conference and Exhibition in April. XACCT markets its software directly and through network systems integrators to Service Providers and Fortune 1000 companies. A privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market close corporation, closed corporation, private corporation , XACCT is funded by venture capital investors. More information is available at www.xacct.com. Certain statements contained herein are "forward-looking" statements (as such term is defined in 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). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Companies with the Securities and Exchange Commission. |
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