Daleen Introduces Revenue Assurance Package for Resellers; Pre-configured Application Modules Offer Faster Deployment and Immediate Results.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. -- Daleen Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DALN), a global provider of licensed and outsourced billing and operational support solutions for traditional and next generation service providers, announced the launch of Asuriti(TM) for Resellers, a tailored package that provides resellers with a high value, low risk approach to revenue assurance. The Asuriti for Resellers package includes five application modules that can be purchased and deployed incrementally for maximum precision and effective cost control. The company will debut the Asuriti for Resellers package this week at the Telestrategies Fall Revenue Assurance conference in Phoenix, AZ. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a recent report issued by the Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. , wholesale revenue has grown to 28 percent of the total U.S. wireline market. But while the demand for services, including data and IP is gaining, resellers still face an uphill battle Uphill Battle was an metalcore band with elements of grindcore and noisecore. The group was based out of Santa Barbara, California, USA. History Uphill Battle got some recognition releasing their self-titled record on Relapse Records. where costs and margins are concerned. Because of their reliance on information provided by network service providers to bill their end customers, resellers are at a revenue assurance disadvantage. Unless detected and corrected in a timely manner, any errors in billing go directly against the reseller's overall cost structure, while offering no reasonable opportunity to recover lost revenue. Some of the most common errors include call detail records with incorrect rates, incomplete or duplicate call records, non-customer charges that are mistakenly directed to the reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. , and deviations between daily or weekly files as compared to month-end summaries. Asuriti establishes an ongoing, systemic process for detecting and recovering potential revenue as data is processed across multiple systems. Based on Daleen's proven Asuriti platform, this new package offers resellers the essential building blocks for a highly effective, affordable revenue assurance strategy. Each module is targeted at a specific problem area in a reseller's OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. and is pre-configured with specific business rules that are needed to validate or reconcile information from the vendor's bills with the corresponding data contained in customers' bills. The Asuriti for Reseller modules include: --Usage Validation --Usage Reconciliation --MRC/NRC Validation --MRC/NRC Reconciliation --Service-to-Bill Reconciliation "The Asuriti for Resellers package takes direct aim at the problems today's resellers face in managing their supply costs and maximizing margins," said Frank Dickinson, Senior Vice President of Product Management and Marketing for Daleen. "The modular application approach and incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. pricing strategy allows resellers to quickly target specific areas of vulnerability for the most immediate payback Payback The length of time it takes to recover the initial cost of a project, without regard to the time value of money. , and add additional layers as needed as needed prn. See prn order. to recover more revenue." Daleen leveraged its experience with customers, including reseller USA Digital Communications Transmitting text, voice and video in binary form. See communications. , to design the Asuriti for Resellers package. USA Digital started using Asuriti when it transferred its billing operations to Daleen's BillingCentral(R) ASP in 2003. Daleen quickly discovered that USA Digital was consistently overcharged on its monthly invoices, significantly reducing the margins on its retail billing. In less than six months, Asuriti identified an average of 15 percent in overbilling on USA Digital's wholesale invoices. Brent West, Director of Operations for USA Digital, will present his company's results and lessons learned at the Telestrategies conference. Application Modules Daleen's approach offers resellers a choice of two base modules - Usage Validation or MRC/NRC Validation - as the foundation layer for revenue assurance. These base modules include the web interface and other essential components needed to run the system, along with a comprehensive range of functionalities, such as exception processing, case management, dynamic reporting, and contract maintenance, which are available right out-of-the-box. Standard delivery includes expert onsite installation, setup and testing, and end-user training. The Usage Validation module provides an automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. process for verifying the integrity of usage data received from suppliers. The system performs a series of checks to verify the completeness and accuracy of usage records, to eliminate duplicates and identify overbilling and underbilling conditions and other discrepancies. Exceptions are flagged for further review through the system's case management functionality. Similarly, the MRC/NRC Validation Module uses a series of audit steps to ensure that the charges received by the reseller on a monthly basis are not duplicated, are associated with its customers, and that the rates charged are in compliance with those in its contracts. The second layer of application modules, Usage Reconciliation and MRC/NRC Reconciliation, provide additional layers of data validation In computer science, data validation is the process of ensuring that a program operates on clean, correct and useful data. It uses routines, often called validation rules, that check for correctness or meaningfulness of data that are input to the system. , while also giving resellers the ability to perform margin analysis at a service, customer or carrier level. Asuriti's automated reconciliation process allows resellers to re-evaluate their positions relative to specific suppliers and customers on a more accurate and timely basis, and make changes as needed to optimize optimize - optimisation their bottom line. For example, the ability to calculate margins, rather than relying on a process of rate averaging, can be a significant advantage as resellers attempt to maximize margins by shifting traffic from one network to another to take advantage of the most competitive rates. The Service-to-Bill Reconciliation module is the final building block and can be added by resellers having deployed either Usage Validation and Reconciliation or MRC/NRC Validation and Reconciliation as their foundation. It works in conjunction with the reconciliation modules to ensure that orders placed by resellers are processed quickly, worked by their suppliers, and then accurately reflected in their supplier invoices and in their own billing systems. About Daleen Daleen Technologies, Inc. is a global provider of high performance billing and customer care, OSS and revenue assurance software, with a comprehensive 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. 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 its RevChain(R) billing and customer management software, Asuriti(TM) event management and revenue assurance software, and BillingCentral(R) ASP outsourcing services. The company's RevChain and BillPlex(R) products are used by customers in Europe, the Americas and Australia. 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 Company's ability to successfully implement its aggregation strategy; the Company's 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; the 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 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. . 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, Asuriti, BillPlex, Network Strategies, EventProcessor 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. |
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