Daleen and EHPT USA Form Global Strategic Alliance.Business Editors/Technology 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)--Aug. 27, 2001 Daleen Technologies Inc. (Nasdaq:DALN), a global provider of software that manages the revenue chain for next-generation service, enterprise business and technology solutions providers, and EHPT EHPT Ericsson Hewlett Packard Telecommunications USA, the content management and billing mediation software Software that gathers and consolidates users' transmission usage from the network. It converts that data into a billing format for accounting and creates usage and marketing reports. company created by Ericsson and Hewlett-Packard, today announced that they have formed a strategic alliance to offer a pre-integrated mediation mediation, in law, type of intervention in which the disputing parties accept the offer of a third party to recommend a solution for their controversy. Mediation has long been a part of international law, frequently involving the use of an international commission, and billing solution. Under the terms of the agreement, the two companies will begin joint sales and marketing efforts immediately targeting leading content and 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. that need to manage high volumes of complex data and service usage records. EHPT USA and Daleen showcased the complementary open-Internet design of their products as part of an integrated multi-vendor demonstration of the Cisco Content Delivery Network (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) at the SUPERCOMM 2001 trade show in June. The companies' joint solution leverages open-Internet technologies. They are leading the trend away from using proprietary data flows and data collection, which forces providers to spend unnecessary time and resources on connectivity issues instead of focusing on their primary businesses. The integration of Daleen's RevChain(TM) Commerce billing application and EHPT's Content Management Solution (CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. ) allows content and communications service providers to manage their revenue chains quickly and efficiently. The RevChain Commerce application, which incorporates convergent billing and customer and service management, is enabled by an industry leading "zero code" client architecture that facilitates easy integration with other systems. Daleen's Internet Integration Architecture (IIA (1) (Information Industry Association, Washington, DC) In 1999, IIA merged with SPA (Software Publishers Association) to become the Software & Information Industry Association. See SIIA. (TM)) and EHPT's CMS enables the two companies' products to communicate effectively without costly, time-consuming integration at the customer site. "There is a consistent trend among providers to look for more aggressive ways to manage costs and improve time-to-revenue," said James Daleen, chairman and chief executive officer for Daleen. "As the complexity of data grows and the number of subscribers expands, content and communications service providers will require a pre-integrated, future-proof mediation and billing solution that can maximize the return on their investment. We look forward to working with EHPT USA to meet the needs of these markets." Because digital content and convergent communications services generate massive numbers of complex data records, providers increasingly look to mediation devices like EHPT's CMS to improve the efficiency of their billing processes. These devices separate the relatively small number of billing data records from the rest of the network data, distributing only the appropriate records to the billing system. EHPT's product portfolio features mediation capabilities that can be implemented as stand-alone products or in combination as packaged solutions depending on customer needs and market requirements. "This integrated solution protects providers' existing system investments, accelerates time-to-market, captures valuable customer intelligence and shares revenue with new partners," said Bruce Dines, president of EHPT USA. "We are excited to ally ourselves with an industry leader like Daleen and develop a cost-effective solution that ensures benefits for all potential market participants The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents. ." About EHPT USA Based in Englewood, Colo., EHPT USA is the billing mediation and content management software company established by global telecom giants Ericsson and Hewlett-Packard. EHPT USA provides more than 200 communications services companies the new knowledge and power to quickly earn market share and profits in a complex, constantly changing broadband and mobile economy. With operations around the world, EHPT provides a full suite of next-generation billing mediation, analysis, dynamic content management and mobile commerce products that extend the life of established legacy systems while creating new interactive revenue opportunities. For more information on EHPT USA, visit us online at http://www.ehptus.com. About Daleen Daleen Technologies Inc. is a global provider of Internet software solutions that manage the revenue chain for next-generation service providers, enterprise business and technology solutions providers. Daleen's RevChain product line automates and manages service providers' revenue chains by providing functionality including service creation and management, customer management, order and fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. , billing and settlement across the span of the enterprise. The Daleen RevChain product line is comprised of a set of industry-focused software suites and core applications built on the Daleen Internet Integration Architecture (IIA) system, which leverages open Internet technologies to integrate seamlessly with legacy and existing systems while requiring zero code on the client. Additional information is available at http://www.daleen.com. Certain matters discussed in this press release may be considered "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. " within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. 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. Those statements include statements regarding the intent, belief or current expectations of the company and members of its management as well as the assumptions on which such 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 variance of quarterly operating results; not yet achieving profitability; competition; need to expand sales and distribution capabilities; lengthy sales cycles and timing of contract awards; our continued use of strategic relationships to implement and sell our products; meeting customer expectations; general market conditions, and quality of software delivered. These and additional important factors to be considered are set forth in the Company's Annual Report on 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. for 2000 and in the Company's Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. . The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. Daleen, IIA and RevChain are registered trademarks or trademarks 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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