COLT Telecom Group plc Selects XACCT; Multi-Year Agreement with XACCT Covers COLT's European Operations.Business Editors/High-Tech Writers 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. 15, 2000 XACCT Technologies, a provider of business infrastructure solutions for IP networks, and COLT Telecom Group COLT Telecom Group plc (originally City Of London Telecommunications) is a telecommunications company based in the United Kingdom, but with operations in 13 countries in Europe. plc (Nasdaq:COLT), a pan-European carrier headquartered in London, today announced that they have entered into a three-year agreement for COLT to implement the XACCTusage(TM) system throughout its operations. COLT will use the XACCTusage platform to enable IP-based billing and other Internet services and is planning for full implementation before the end of 2000. "COLT conducted an in-depth, competitive tendering process of vendors to find a carrier-class solution that could handle how we bill customers for our current and planned service offerings," said Antony Willis, manager of mediation mediation, in law, type of intervention in which the disputing parties accept the offer of a third party to recommend a solution for their controversy. Mediation has long been a part of international law, frequently involving the use of an international commission, systems at COLT. "XACCT is committed to our business and has the flexibility and willingness to accommodate changes in our requirements. After our thorough evaluation, we are pleased to enter into such an agreement with XACCT." COLT will initially deploy XACCTusage across its operations in nine European countries as well as at its peering point in 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 . In addition to interfacing with COLT's customer and interconnect (1) To attach one device to another. (2) A physical port (plug, socket) or wireless port (transmitter, receiver) used to attach one device to another. billing systems, XACCTusage will feed information to its management control and Business Support System (BSS See 802.11. BSS - Block Started by Symbol ) platforms. "COLT is a significant player in European telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. ," said Eric Gries, president and chief executive officer at XACCT. "We are pleased that they are using our business infrastructure software as a platform to support usage-based billing, fraud management, and other BSS applications." "XACCT is pleased to have secured COLT as a customer," said Richard Hubble, managing director at XACCT Technologies (UK) Ltd. "COLT is a major player in Europe and is committed to rolling out IP-based services across all its networks." XACCTusage XACCTusage provides a single point of interface between the back-office Business/Operations Support Systems (BSS/OSS) and the network infrastructure for usage data collection, automated user account provisioning, and pre-payment processing. Its multi-source, multi-layer architecture and business-policy-based record synthesis capabilities enable XACCTusage to extract usage information from a variety of network devices from all layers of the network, in real time. XACCTusage synthesizes this data to produce records called eXtensible Detail Records (XDRs) that can format and output in a variety of industry-standard formats and transports. The XDRs can be used by external applications to create service-specific, usage-based bills for a wide variety of IP-based services and applications, such as VoIP, video and virtual private networks. About COLT COLT Telecom Group plc (COLT) is a leading provider of high-bandwidth data, Internet, and voice services to business and governmental customers in Europe. It currently has operations in 22 European cities in nine countries and plans to be providing service in 30 cities by the end of 2001. During the year ended December 1999, COLT's turnover was 401.6 million, and it carried 7.8 billion switched minutes of traffic. As of March 31, 2000, COLT had installed 2,075 route kilometres of fibre in its city-networks; provided 4.3 million private wire voice grade equivalents; had 4,236 buildings connected to its networks; and served 5,026 directly connected customer accounts. COLT also had over 1,300 business Internet customers at the end of March 2000. COLT Telecom Group plc is listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (CTM CTM Continuum (gaming) CTM Community Trade Mark (Europe) CTM Cisco Transport Manager CTM Confederacion de Trabajadores de Mexico (Spanish: Confederation of Mexican Workers) .L) and Nasdaq (COLT). More information is available at www.colt-telecom.com. About XACCT Technologies Headquartered in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , XACCT Technologies develops business infrastructure software that enables service providers to design and execute innovative, revenue-generating programs and services. 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. Note to Editors: XACCTusage and XDR (1) (EXternal Data Representation) A data format developed by Sun that is part of its networking standards. It deals with integer size, byte ordering, data representation, etc. and is used as an interchange format. are trademarks of XACCT Technologies, Inc. All other trade trademarks are the property of their respective holders.
U.S. Corporate Headquarters: XACCT Technologies (UK) Ltd
XACCT Technologies 100 Longwater Avenue
2900 Lakeside Drive GreenPark
Santa Clara, CA 95054 Reading
Tel: 408-330-5700 RG2 6GP
United Kingdom
Tel: +44 (0) 1189 450 111
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