CTI Group Enters Global Wireless and Paging Billing Services Agreement With World Communication Center LP.Business Editors/Hi-Tech Writers INDIANAPOLIS--(BUSINESS WIRE)--March 6, 2001 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. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CTIG CTIG Counter Terrorism Intelligence Group CTIG Combat Targeting and Intelligence Group (Langley, AFB,VA Air Combat Command) ) today announced that its Houston, TX subsidiary, CTI Billing Solutions Inc., has entered into a Global Wireless and Paging Billing Services Agreement with World Communication Center LP of Chandler, AZ. World Communication Center LP (WCC WCC n abbr (= World Council of Churches) → COE m (Conseil œcuménique des Églises) WCC n abbr (= World Council of Churches) → Weltkirchenrat m ) is launching commercial satellite communications services to heavy industry and other government customers. Its marketing strategy focuses on industrial clients whose operations require reliable communications to and from remote areas of the globe where terrestrial systems are not available. WCC's service will be carried over the Iridium iridium (ĭrĭd`ēəm), metallic chemical element; symbol Ir; at. no. 77; at. wt. 192.22; m.p. about 2,410°C;; b.p. about 4,130°C;; sp. gr. 22.55 at 20°C;; valence +3 or +4. Satellite System, which has the unique ability to reach all of the world's remote areas, including the airspace, the oceans and the many under-developed parts of the globe that currently have no communications systems. Specifically, WCC will pursue industrial segments including aviation, maritime, oil & gas, mining, heavy construction, forestry, emergency services emergency services Emergency care '…services …necessary to prevent death or serious impairment of health and, because of the danger to life or health, require the use of the most accessible hospital available and equipped to furnish those services' and the leisure market. In addition to its Iridium voice, paging and data services WCC also offers high-speed wireless Internet service through its affiliation with Direct PC and is working to provide land based GSM wireless services. WCC's Iridium phones have a "smart card" inside called the Subscriber Identity Module (telecommunications, wireless communications) Subscriber Identity Module - (SIM or "SIM card") A component, usually in the form of a miniature smart-card, that is theoretically tamper-proof and is used to associate a mobile subscriber with a mobile network subscription. (SIM). The SIM card is personalized to the individual user that identifies him to the network and provides authentication, which allows for appropriate billing. Describing the technology benefits to the CTI Group, Dave Warren, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for CTI Billing Solutions explained, "We're pleased to be partnering with WCC in this exciting new technology. It's an important telecom service offering to add to our convergent billing product suite." CTI Group (Holdings) which recently completed a three way merger is aggressively attacking the market place with its convergent billing product suite offering the ability to bill multiple services such as satellite, cellular, paging, Internet, long distance, GSM and other telecom services on one bill. Sam Romey, Vice President of WCC, went on to explain, "Our vision is to provide the ultimate mobility in telecom; allowing our customers to communicate from anywhere in the world. "The ability to offer multiple telecom products and services, provide the ability for cross service discounts and present it on one bill was critical to our decision in selecting CTI Billing Solutions as our billing company of choice." In the agreement between the parties, CTI Billing Solutions will role-out its new "As Received Rating Service"; a service designed to rate call records as they are received to give service providers frequent reporting on customer usage. About CTI Group CTI Group, through its wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , develops, markets, and supports telemanagement and billing solutions for corporate users of telecommunications services. CTI Group recently merged Centillion cen·til·lion n. 1. The cardinal number equal to 10303. 2. Chiefly British The cardinal number equal to 10600. Data Systems, Inc. into CTI Data Solutions, Inc and Celltech Information Systems, Inc into CTI Billing Solutions, Inc. This merger created an expanded multinational marketing presence; shared advanced technology development programs; the ability to apply proprietary billing analysis software to these programs; and convergent billing capabilities, creating a premier worldwide provider of software and services for managing billing and call record analysis for the telecommunication industry. 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 release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual events or results. Readers are referred to documents filed by CTI Group with the U.S. Securities and Exchange Commission, including the Form 10-KSB for its most recent fiscal year ended March 31, 2000 and subsequent forms 10-QSB and 8-K. |
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