EUR Systems and Aptis Announce Merger; Billing Companies Offer Complementary Services and Solutions.Business Editors/Hi-Tech Writers MECHANICSBURG, Pa. & SAN ANTONIO--(BUSINESS WIRE)--Feb. 19, 2002 EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Systems and Aptis, Inc., market leaders in billing and revenue management solutions to the telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. marketplace, today announced a merger enabling telecommunications companies See telecom company. to more profitably manage their revenue and customer transactions. The merged company will be called EUR Systems and will employ nearly 400 industry professionals in six offices across 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. . Aptis will serve as the name of the company's product development division and its flagship end-user billing product. EUR Systems and Aptis together will collaborate to provide clients with a unique, full suite of billing solutions designed for all communications providers regardless of market reach or product platform and can augment these billing solutions with economical, reliable business support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services such as a customer contact center, bill print/insert/mail and billing operations. EUR 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. John E. Boyd said the merger offers a direct benefit to each company's client base, and to the market at large. "We are excited about the new opportunities this merger offers customers. With EUR's strong expertise in customized, outsourced billing solutions, and Aptis' ability to deliver full, turnkey solutions, we can provide a broad range of reliable billing platforms for our current and prospective clients, delivered exactly as they wish - licensed, fully-outsourced, or a custom combination of the two." The company's premier end user product line is Aptis 3.0, an advanced end user and revenue management solution. Aptis 3.0 is a superior end user billing and revenue management solution that caters to the needs of multiple-service providers looking to expand their offerings in order to increase profits. Its product packaging, hierarchical billing and cross product discounting provide unmatched marketing capabilities. Aptis 3.0 seamlessly integrates with IBM's WebSphere, a Java-based application environment for building, deploying and managing on-line services such as e-commerce and web self-care. It is an advanced solution tailored to a company's individual requirements, and it is available as a licensed or outsourced solution with a wide range of support services customized to specific technical and business needs. EUR Systems' inter-carrier product line is Advantacs(TM), a quick-to-market inter-carrier billing solution designed to maximize revenue while improving carrier-to-carrier relationships. Advantacs offers a complete, end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for data collection, conversion, rating, billing and reporting and is designed to maximize revenue and decrease lost data and dropout (1) On magnetic media, a bit that has lost its strength due to a surface defect or recording malfunction. If the bit is in an audio or video file, it might be detected by the error correction circuitry and either corrected or not, but if not, it is often not noticed by the human . A host of automated features, such as Areva(TM), greatly increase productivity by eliminating human error. Other Advantacs highlights include a built-in revenue assurance feature that pinpoints, addresses and reduces potential revenue management problem areas, improving a company's bottom line. It is available as a licensed or outsourced solution. About EUR Since 1960, EUR Systems (www.eursystems.com) has been pioneering innovative billing and revenue management solutions provided through outsourcing or licensing. We support some of the world's foremost communications providers, including AT&T, KMC KMC kitten mortality complex. , Time Warner Telecom Time Warner Telecom NASDAQ: TWTC is headquartered in Littleton, Colorado. The company provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP and security, to enterprise , Cavalier and Working Assets  The of this article or section may be compromised by "weasel words".You can help Wikipedia by removing weasel words. , with end-user customer care and billing, inter-carrier billing, and wholesale billing services. We work closely with our product development division, Aptis, as well as other industry-leaders, to provide an integrated suite of billing solutions, from turnkey or outsourced billing, print/stuff/mail, remittance Money sent from one individual to another in the form of cash, check, or some other manner. Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance. REMITTANCE, comm. law. processing customer service capabilities, and a renowned data center offering complete, 24/7 backup protection. Thanks to our cutting edge technology and experienced, reliable staff of nearly 400 communication-industry specialists, The Billing Excellence Awards have named us as a Top 5 Service Bureau/ASP of 2001. About Aptis Aptis, EUR Systems' product development division, has been delivering the most advanced billing solutions since 1984. By listening to its customers, partners and employees, Aptis continues to develop and deliver mission critical revenue management solutions. Aptis will accomplish this mission by utilizing its industry experience, proven software products, and application services See ASP and Web services. , resulting in long-term customer relationships. EUR Systems, Advantacs and Areva are trademarks of Electronic Unit and Record Data Center, DBA Eur Systems. Aptis is a registered trademark of Aptis, Inc. All other trademarks and registered trademarks are property of their respective owners. |
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