CTI Group Achieves a Technology Preview of SmartBill Connect.INDIANAPOLIS -- CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. Group (Holdings) Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CTIG CTIG Counter Terrorism Intelligence Group CTIG Combat Targeting and Intelligence Group (Langley, AFB,VA Air Combat Command) ), an international provider of billing management and transaction analysis software, reported it has successfully produced a preview of the technologically advanced SmartBill(R) Connect invoice management module for service providers and enterprises. SmartBill(R) Connect is a web-based, interactive invoice management, analysis and reporting solution empowering business enterprise customers to manage their information and business processes through 360 degree visibility into their business communications expenditures. SmartBill(R) Connect will offer a self-service, interactive invoice management solution providing communications service providers A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. great opportunity to increase revenue through enhanced customer satisfaction, increased retention, superior marketability, and lower customer care and support costs. Sid Rao, CTI Product Architect, states, "We are excited about successfully reaching the key milestone of producing a preview of SmartBill(R) Connect which is a compelling product for the content and service provider. We believe this will enable a differentiating relationship between the provider and the enterprise." SmartBill(R) Connect offers content and service providers a full range of eBusiness capabilities that build upon their existing investments in technology - preserving the full functionality of current systems - while allowing them to service and support future customer growth. SmartBill(R) Connect integrates with provider's evolving online eBusiness strategy and can provide enterprise customers with customized access to their provider's eBusiness portal. SmartBill(R) Connect is designed to ensure rapid integration without compromising availability, performance, security, scalability, or language conversion. The XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. Web Services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. based platform accepts a variety of inputs including direct billing direct billing Managed care The submission of bills for services rendered–eg lab work directly to the party–ie Pt or financially responsible third party–insurance company, for whom the service was performed, rather than to the physician who ordered the test system data from content and service providers. CTI Group's SmartBill(R), SmartSpend(R) and Proteus(TM) product suites offer a full array of solutions for telecommunications usage analysis and electronic invoice receipt, processing and payment. Headquartered in Indianapolis, CTI Group maintains an overseas office in London. For more information, please visit CTI Group's website at www.ctigroup.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release contains "forward-looking" statements. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. include, but are not limited to statements of assumptions underlying other statements and statements about the Company and its business relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future; and any statements using the words "could", "should", "anticipate", "expect", "may", "project", "intend" "will" or similar expressions. The Company's ability to predict projected results or the effect of events on the Company's operating results is inherently uncertain. Forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those discussed in this document. In addition to information provided elsewhere in this document, shareholders should consider the following: the risk that the Company will not be able to attract and retain customers to purchase its products, the risk that the Company will not be able to commercialize and market products; results of research and development; technological advances by third parties; competition; future capital needs of the Company; history of operating losses; dependence upon key personnel and general economic and business conditions. Readers are referred to documents filed by CTI Group with the U.S. Securities and Exchange Commission. |
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