Avotus Automates Communications Processes For iWave Clients.TORONTO and BOSTON -- Joint sales and marketing agreement makes Avotus e-Procurement and telecommunications expense management (TEM TEM 1. transmission electron microscope. 2. triethylenemelamine. 3. transmissible encephalopathy of mink. ) available to iWave clients... Avotus(R) Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension Venture: AVS (Audio Video Coding Standard) A video compression technique developed by Chinese companies and supported by the Chinese government. Expected to provide better compression than MPEG-2, AVS was created to avoid paying royalties to the MPEG licensors, which are outside ) today announced a joint sales and marketing agreement with iWave Inc. of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of which will enable iWave to offer Avotus' Intelligent Communications Management Communications management is the systematic planning, implementing, monitoring, and revision of all the channels of communication within an organization, and between organizations; it also includes the organization and dissemination of new communication directives connected with an (TM) (ICM ICM Intercom ICM Integrated Crop Management ICM International Congress of Mathematicians ICM Information Classification and Management ICM Intelligent Contact Management (Cisco) ICM International Creative Management ) hosted services to its clients. The agreement covers Avotus' telecommunications expense management (TEM) solutions to allow iWave clients to reduce costs, streamline end-to-end telecommunications processes and benefit from enhanced telecommunications management services. iWave will also offer Avotus' ARTools(R) WebAuction(TM) online auctions to help its clients drastically reduce costs by negotiating the most favorable terms from their carriers. Avotus will provide several key capabilities under the agreement. Beginning with its ARTools WebAuction, Avotus enables iWave clients to automate the procurement process for communications services. This innovative e-Procurement process delivers a 50% savings in carrier costs over traditional procurement approaches and will be especially valuable as clients migrate to Voice over 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. (VoIP) technology. iWave clients will also use Avotus ICM Expense Management and ICM Usage Management as hosted services to automate ongoing analysis, dispute management, and bill processing, as well as communications inventorying and asset management. Using technology to automate these steps helps ensure that iWave clients continue to enforce the lower rates for the life of the contract. Said Fred Lizza, president and 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. of Avotus, "We are pleased to have iWave as one of our business partners. Their relationships with many of the leading companies in New York and throughout the U.S. attest to the value they bring to their clients. iWave's client base is precisely the companies that can most benefit from Avotus' automated communications e-Procurement and analysis technologies." "Through our relationship with Avotus, we are able to offer our clients a value proposition that combines iWave's expertise with Avotus' breakthrough technologies," commented Robert McGuire, managing partner, iWave. "We are especially excited about offering our clients the capability to do e-procurements and then ensuring ongoing savings and management through the Avotus ICM solution. This is a truly unique capability that is only available through Avotus." About iWave iWave is a telecommunications consulting and services firm that offers a comprehensive suite of professional solutions that rationalize ra·tion·al·ize v. 1. To make rational. 2. To devise self-satisfying but false or inconsistent reasons for one's behavior, especially as an unconscious defense mechanism through which irrational acts or feelings are made to appear telecom expenses, increase employee productivity and ensure reliable systems performance. Combining consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" with cost-effective wireless, wireline, Voice over Internet Protocol (VoIP) and Web conferencing A videoconferencing session via the Internet. In order to interact with other participants, attendees use either a Web application or an application downloaded into their client machines. products to meet the unique technology needs of its clients, iWave assists more than 1500 businesses with $20 million in annual telecom expenditures. For further information visit iWave at www.calliwave.com or call 866-533-5733. About Avotus Avotus is the leader for groundbreaking technology-based telecommunications expense management (TEM) solutions. The company has a 20-year history of empowering companies of all sizes to gain lasting control over their complete worldwide communications environment through the effective management of their voice, data and converged communications spend. Only Avotus brings together e-procurement, expense, service, and usage management into a fully integrated solution. Avotus provides dramatic and verifiable cost savings of as much as 50% of an enterprise's current communications spend and a triple digit in-year ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . Combining technology, automation, communications experts, and industry best practices, Avotus solutions make it possible to not only realize significant spend reduction but to continuously verify and permanently implement all cost and process improvements. Avotus offers the widest, deepest and most flexible solution set available including an onsite enterprise implementation, a hosted Application Service Provider (ASP) model, and a completely outsourced value-added managed solution. For more information about Avotus communications management solutions, customers, and partners, visit www.avotus.com. Avotus is a registered trademark and Intelligent Communications Management is a trademark of Avotus Corporation. ARTools is a registered trademark and WebAuction is a trademark of Applied Research Technologies. All other trademarks are the property of their respective owners. |
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