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Daleen Brings USA Digital Online in BillingCentral Outsourcing Center; Second Phase of Implementation to Deliver EBP and Event Management.


Business Editors/High-Tech Writers

BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--July 2, 2003

Daleen Technologies, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:DALN), a global provider of licensed and outsourced billing, customer care, event management, and revenue assurance solutions for traditional and next generation service providers, today announced the addition of USA Digital, Inc. as one of the company's latest clients to go-live in its BillingCentral(R) ASP outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.  center. USA Digital signed a three-year contract for outsourced billing and rating services, leveraging Daleen's carrier-class BillingCentral(R) operation for improved operational performance and new Asuriti(TM) for Event Management software (formerly Simpliciti.net(TM)) for erred event processing, and quick, concise reporting.

Headquartered in Edmund, Oklahoma, USA Digital is a privately-held provider of high-volume long distance, high speed Internet and data transport services The collective functions of layers 1 through 4 of the OSI model.  to call centers and businesses throughout the U.S. The first phase of this implementation, which involved the transfer of USA Digital's billing operations to Daleen, was completed on April 26. The second phase of the implementation, which is currently underway, will add Electronic Bill Presentment See EBPP.  (EBP EBP Evidence Based Practice
EBP Enterprise Buyer Professional
EBP Education Business Partnership
EBP European Business Programme
EBP Efficiency Bandwidth Product
EBP Electronic Billing and Payment
EBP Extended Base Pointer
EBP Error Back Propagation
) capabilities to Daleen's billing solution, as well as event management functionality through its Asuriti product. Previously marketed as Simpliciti.net, Daleen has expanded this product platform with additional configurations for revenue assurance, and relaunched it under the new Asuriti brand.

"Today's demands for revenue and margin growth are placing increased pressure on back office systems to deliver far more than basic functionalities," said Brent West, Director of Operations for USA Digital. "Daleen's advanced products and flexible outsourcing offering provide a total solution that will add significant value to our billing operations."

BillingCentral offers a high-value, efficient solution that can be custom-tailored to a service provider's specific business requirements. Daleen's experts use finely-tuned, structured processes to provide end-to-end support to clients, including technical back-office support, event collection and processing, data center facilities, reports, analysis and reconciliation, invoice generation, and delivery to the print vendor.

To enhance their revenue assurance efforts, USA Digital will use Daleen's Asuriti product to identify and eliminate costly revenue leaks and ensure that they are capturing and retaining maximum revenue from services delivered. Through its centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 event management and advanced monitoring capabilities, Asuriti will allow USA Digital to reconcile and validate invoices, and monitor its wholesale usage charges for discrepancies that could otherwise result in excessive charges. An estimated 65 million records per month will be processed through Asuriti.

"More and more, service providers like USA Digital are recognizing that a customized outsourcing package can deliver greater value in a faster timeframe than a traditional licensed solution," said Gordon Quick, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Daleen. "We look forward to working in partnership with USA Digital to help them reach their business and operational goals."

About Daleen

Daleen Technologies, Inc. is a global provider of high performance billing, customer care, event management and revenue assurance software, with a comprehensive outsourcing solution for traditional and next generation service providers. Daleen's solutions utilize advanced technologies to enable providers to reach peak operational efficiency while driving maximum revenue from products and services. Core products include RevChain(R) billing and customer management software, Simpliciti.net(TM) event management application, BillingCentral(R) ASP outsourcing services, and the new Asuriti(TM) event management and revenue assurance software. More information is available at http://www.daleen.com.

Information with Respect to 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.
. Statements in this release may be considered "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These include statements regarding the intent, belief or current expectations of the Company and the assumptions on which these statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include business concentration; the Company's ability to continue as a going concern; the ability of the Company to successfully integrate the Abiliti assets, operations and management; the Company's ability to successfully implement its aggregation strategy; our inability to achieve profitability; customers' and potential customers' market position and lack of financial resources; the costs and success of the Company's international expansion; the ability of the Company to develop and protect its intellectual property; the Company's relationship with third party software vendors and service providers; competition; the Company's ability to retain senior management and other key personnel; low price and volatility of the Company's common stock and the impact of the delisting Delisting

When the stock of a company is removed from a stock exchange.

Notes:
Reasons for delisting include violating regulations and/or failure to meet financial specifications set out by the stock exchange.
 from The Nasdaq SmallCap Market; on-going securities class action against the Company; and the rights and preferences of the series F convertible preferred stock Convertible Preferred Stock

Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as "convertible preferred shares".
. These factors and others are described in the Company's most recent SEC filings including its 2003 Annual Meeting Proxy Statement Proxy Statement

A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting.
 and the most recently filed Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and in the Company's Quarterly Reports on Form 10-Q Form 10-Q

See 10-Q.
. The Company undertakes no obligation to update the forward-looking statements in this news release.

(C)Daleen Technologies, Inc. All rights reserved. Daleen, the Daleen logo, RevChain, Simpliciti.net, Asuriti, and BillingCentral are trademarks, or service marks, of Daleen Technologies, Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and other countries. All other trademarks and registered trademarks are property of their respective owners.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 2, 2003
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