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Corsair Installs FraudWatch Pro for BellSouth Cellular.


PALO ALTO Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif.--(BUSINESS WIRE)--July 14, 1998--

Fraud detection system wins in head-to-head trials

Corsair corsair: see Barbary States; piracy.  Communications Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CAIR CAIR Council on American-Islamic Relations
CAIR Clean Air Interstate Rule (EPA)
CAIR Center for AIDS Intervention Research
CAIR Changing Attitudes in Recovery
CAIR California Association for Institutional Research
) announced today that BellSouth Cellular Corp. has selected Corsair's FraudWatch(R) Pro system to protect against fraud in their mobile communications markets in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. .

The licensing agreement covers all BellSouth properties on the two continents, including wholly and partially owned subsidiaries. The first installation of the product, targeted for completion in the third quarter of 1998, will be at BellSouth Cellular headquarters in Atlanta, from which the company currently services over 5 million subscribers.

David Thompson There are several men named David Thompson:
  • In exploration:
* David Thompson (less commonly Thomson) - founder (1623) of the first European settlement in New Hampshire, United States. See: .
, Corsair's vice president of marketing, described the agreement with BellSouth as a landmark deal. "FraudWatch Pro's unique capabilities gave us an advantage in winning this business," said Thompson. "I believe our system is well ahead of the competition, partly because of its ability to deliver greater accuracy by using individual profiles rather than summary statistics. FraudWatch Pro also handles high throughput effectively, which was a key element in this installation. We anticipate other carriers will follow BellSouth's lead in re-evaluating their current systems' ability to deal with the next generation of fraud."

According to Tom Smith, Director of Fraud Prevention Technologies and System Development for BellSouth Cellular Corp., the company was looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 the next generation of profiling technology. "We needed a profiling system to address future developments in fraud, to accommodate the growth of our business, and to leverage technologies already deployed in the marketplace, such as authentication and RF fingerprinting," said Smith.

BellSouth Cellular Corp. companies, BellSouth Mobility and American Cellular Communications Corporation, provide wireless communications services to over 5.2 million customers in 13 states. BMI BMI body mass index.

BMI
abbr.
body mass index


Body mass index (BMI)
A measurement that has replaced weight as the preferred determinant of obesity.
 operates with its partners in eight Southeastern states. ACC See adaptive cruise control.   markets operate under a variety of names in California, Texas, Virginia and Hawaii and as Cellular One in Indiana. For more information visit their web site at www.bscc.com.

Corsair is a leading provider of software and system solutions for the wireless industry. The company's products include systems for fraud prevention; comprehensive billing, provisioning, and customer care; prepaid wireless service; performance monitoring; switch data mediation; and wireless location.

This press release may contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially because of various risks, including risks associated with product sales and installation, demand for Corsair's products and services, continued growth of the wireless telecommunications industry, and other risks associated with Corsair's business. For an expanded discussion on such risks, please see the documents filed by Corsair Communications with the U.S. Securities and Exchange Commission.

    CONTACT:  Corsair Communications
               Bill Taliaferro, 650/842-3263
               wrt@corsair.com
               www.corsair.com


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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Jul 14, 1998
Words:441
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