Axelero Expands Relationship With Portal Software to Manage Billing and Customer Care for Rapidly Growing Subscriber Base.Business Editors/High-Tech Writers CUPERTINO, Calif.--(BUSINESS WIRE)--April 19, 2004 Wholly Owned by Matav, Hungary's Leading Telecom Company, Axelero Has 44 Percent of Hungary's Internet Subscriber Market Portal Software Portal Software was founded in 1985 as Portal Information Network, one of the first ISPs in the San Francisco Bay Area. It was founded by John Little. The company offered its own interface through modem access that featured Internet email. Inc. (Nasdaq:PRSF PRSF Presidio of San Francisco (US National Park Service) PRSF Peoples Republic of San Francisco ) announced today that Axelero, Hungary's largest Internet service provider 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. ), has expanded its relationship with Portal to manage the billing and customer care requirements of its rapidly growing subscriber base. Portal's highly flexible billing solution enables Axelero to lead its market with a variety of offerings. Deploying Portal's billing solution allows Axelero to bring new services to market while optimizing its bandwidth usage and profitability. "Axelero initially deployed the Portal solution in March 2001, when we replaced a number of home-grown applications. We selected Portal for its ease of implementation and the lower overall TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. ," said Daniel Szaz, chief financial officer of Axelero. "As we add new customers and grow, the need for a robust and flexible billing solution is an essential part of our strategy to successfully manage our growth, maximize revenue, and ensure customer satisfaction. We are expanding our relationship with Portal as we experience significant growth in our customer base, particularly in the DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary market. We also look forward to Portal helping us as we add new content-based services." Wholly owned by Matav, Hungary's leading telecom company, Axelero has a 44 percent share of Hungary's Internet subscriber market. Axelero has deployed Portal's billing solution for rating and billing, as well as customer care services. "Axelero is committed to providing unparalleled customer service to its rapidly growing customer base. Billing is a key component to helping them achieve their goal," said Alan Laing, Portal's vice president and general manager of Europe, Middle East, and Africa. "Portal's flexible, easy-to-implement billing solution is able to grow with Axelero and continue to successfully meet their needs." About Axelero Internet Hungary's leading Internet company, Axelero Internet, provides services for almost half of Hungarian private users, and is the owner and operator of (origo), the most popular Hungarian portal site. Axelero has a significant competitive edge concerning all three fields of the Internet market, and it has a leading role in citizen services, content providing and business applications. The company was the first in Hungary to introduce several innovative online services like ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line , web based electronic document sending (webEDI), and electronic marketplace (Marketline.hu). Axelero Rt. is member of Matav group. About Portal Software, Inc. Portal Software provides flexible billing and subscriber management solutions to enable organizations to monetize their voice and digital transactions. Portal's convergent billing platform enables service providers to charge, bill, and manage a wide range of services via multiple networks, payment models, pricing plans, and value chains. Portal's flexible and scalable product-based solutions enable customers to introduce new value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services quickly, providing maximum business value and lower total cost of ownership. Portal's customers include thirty-five of the top fifty wireless carriers as well as organizations such as Vodafone, AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Time Warner, Deutsche Telekom, TELUS TELUS Telemetric Universal Sensor , NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform , China Telecom, Reuters, Telstra, China Mobile, Telenor Mobil, and France Telecom. For more information, please visit www.portal.com. Infranet and the Portal logo are U.S. registered trademarks, and Portal is a trademark of Portal Software, Inc. All other trademarks are the property of their respective owners. All statements made in this press release are made only as of the date set forth at the beginning of this release. Portal undertakes no obligation to update the information in the event facts or circumstances subsequently change. |
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