Brazilian Telecom Company Netstream Selects Saville CBP to Help Expand in Emerging South American Market.BURLINGTON, Mass.--(BUSINESS WIRE)--Dec. 15, 1998-- Netstream To Offer Medium- to Large-Sized Businesses in Brazil Convergent Billing for Variety of Voice and Data Services Saville Systems (Nasdaq:SAVLY) announced today that Netstream Telecom Ltda. has selected Saville's Convergent Billing Platform (CBP CBP competitive protein binding. (R)) as its billing solution in providing competitively priced bundles of communications services to its business and government clients in Brazil. With the planned rapid deployment of CBP, Netstream's goal is to quickly expand into Brazil's eight largest commercial markets and offer medium- to large-scale businesses convergent bills that break out costs for a variety of broadband voice and data services. Netstream was founded in 1998 to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the recent privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned of Telebras, the former state-run entity that controlled the Brazilian telecommunications market. Netstream expects to have CBP fully deployed in 1999. Such a deployment would give Netstream a significant competitive edge in providing services with convergent bills in Brazil's telecommunications industry. Netstream plans to offer its customers private line service, Internet access See how to access the Internet. , frame relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. service, Lan to Lan interconnection, transparent Lan service A service from a carrier that links remote Ethernets together. It is called "transparent" because the connected Ethernets are viewed as one Ethernet by the customer, regardless of the technology employed by the carrier in between. , IP tunneling Carrying a protocol from another networking system within an IP packet; for example, transmitting NetWare IPX packets within IP. See tunneling. (establishing a virtual private network over the Internet), fax over IP, Centrex, international, long distance, and eventually local telephone service. With CBP implemented, Netstream's customers will receive convergent bills that break out these services on one clear, easy-to-read statement. Netstream will initially target Brazil's two largest cities, Sao Paulo and Rio de Janeiro Rio de Janeiro, city, Brazil Rio de Janeiro (rē`ō də zhänā`rō, Port. rē`  thĭ zhənĕē`r , with plans to expand into the six other cities representing the largest corporate markets in Brazil. Netstream plans to launch some of its services this month and the rest in the first quarter of 1999. "There are more than 28 million people in Sao Paulo and Rio alone, and business is bustling here," said Rance Hesketh, chief commercial officer at Netstream. "We chose Saville because they have an excellent product and they were the only company that we believe can handle the smooth integration and rapid deployment we needed. With CBP, we expect to be able to expand to other regions without having to overhaul our billing system each time we grow." "Netstream's goal is to be the country's first facilities-based provider of local telecommunications services in a newly privatized market," said John Kiley For the baseball player, see . John Kiley (died 1993) was the organist at Fenway Park from 1953 to 1989 and contemporaneously for Boston Garden as well. He is credited with having discovered the Boston Garden's resident singer Rene Rancourt. , Saville's senior vice president of marketing and sales. "To accomplish that, Netstream must ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale quickly and install a convergent billing system that is flexible, scalable and capable of being deployed in a short time frame. Our mission at Saville is to help companies like Netstream launch their services in a timely fashion by equipping them with a superior convergent billing and customer care solution." About Netstream Netstream was founded in 1998 to provide broadband local telecommunications services to business and government customers. Netstream will offer local voice and data services in Brazil's eight largest markets. Netstream's goal is to be the first and leading national facilities-based provider of competitive local telecommunications services. Netstream's targeted customer base is primarily medium and select large business and government customers in Brazil's eight largest markets. The Company will initiate service in Brazil's two largest cities, Sao Paulo and Rio de Janeiro, in 1998, and has targeted Belo Horizonte Belo Horizonte (bəl' rēzôN`tĭ) [Port.,=beautiful horizon], city (1996 pop. 2,091,770), capital of Minas Gerais state, E Brazil. , Campinas, Curitiba, Brasilia, Salvador and Porto Alegre as its next markets. About Saville Founded in 1982, Saville is a leading provider of convergent billing and customer care solutions for the telecommunications industry. Saville operates globally with offices in the U.S., Canada, Ireland, Singapore, Australia, U.K. and Germany, and has more than 1,400 employees worldwide. Saville is a publicly held company, traded on the Nasdaq (US) market under the symbol SAVLY. This press release contains forward-looking statements that involve a number of risks and uncertainties. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in Item 2 of the company's Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended Sept. 30, 1998, including risks associated with customer concentration, intense competition, product development, the management of rapid operations expansion and the availability of favorable tax treatment |
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