European GSM Provider Selects TTI Telecom's Service Assurance Solution.Business Editors/High-Tech Writers HOBOKEN, N.J.--(BUSINESS WIRE)--Jan. 7, 2004 TTI TTI Texas Transportation Institute TTI Thoracic Trauma Index TTI Transmission Time Interval TTI Travel Time Index TTI Travel Technology Initiative TTI Technology Transfer Initiative TTI Traffic and Traveller Information TTI Technology Transfer Institute Team Telecom International Ltd. (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 : TTIL TTIL Theater Tracked Item List ), a leading supplier of Operations Support Systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such (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 Business Support Systems (BSS See 802.11. BSS - Block Started by Symbol ) for telecom service providers, today announced that it was awarded a contract from a leading Italian service provider offering fixed line, mobile and Internet services. The service provider has selected TTI Telecom's Service Assurance solution, consisting of the Fault Management and NetImpact applications, for its GSM network. The service provider's wireless network supports over 8 million customers, and spans a multitude of disparate equipment from the leading vendors in the market. With TTI Telecom's Fault Management application, the customer will be able to obtain a consolidated, prioritized view of all alarms in its multi-vendor network on a single screen. The Fault Management application will allow operations staff to rapidly detect and address network faults, significantly cut down on network downtime The time during which a computer is not functioning due to hardware, operating system or application program failure. , and maximize quality of service (QoS) in the network. In addition, TTI Telecom's NetImpact solution provides a real-time view of faults and the associated affected services and customers. Using this information, operations staff can prioritize repair activities based on monetary and business impact considerations. "This contract award is indicative of our ongoing penetration of the top-tier wireless service provider community in Europe," stated Meir Lipshes, chief executive officer of TTI Telecom TTI Telecom (NASDAQ: TTIL), founded in 1992, is a leading provider of next generation Operations Support Systems (OSS) to communications service providers worldwide. TTI Telecom’s Netrac-branded portfolio delivers an automated, proactive and customer-centric approach to service . "It reinforces our position as a leading global provider of Service Assurance solutions, which empower service providers to proactively manage their networks and address issues before they impact the QoS delivered to customers. In today's market especially, a Service Assurance solution such as TTI Telecom's is crucial to a service provider's success and profitability." TTI Telecom's Fault Management application will monitor the customer's GSM multi-vendor network in real-time. The application provides a single interface to view all the alarms stemming from the heterogeneous equipment, speeding response to failures and reducing mean-time-to-repair. In addition, TTI Telecom's NetImpact application will provide a real-time view of problems in the network in relation to their impact on the business. About TTI Telecom: TTI Team Telecom International Ltd. offers advanced, modular and integrated software Separate software components or applications that have been combined into one package. See integrated software package. products and services for Operations Support Systems ("OSS") and Business Support Systems ("BSS") to telecom service providers. TTI Telecom is uniquely positioned to bridge legacy and next-generation, network and service infrastructures with its Netrac-based service assurance, fulfillment and revenue assurance solutions. With Netrac, service providers can reduce operating costs operating costs npl → gastos mpl operacionales , enhance profitability and launch new, revenue-generating services more rapidly. Over 60 service providers worldwide have deployed TTI Telecom's solutions, supported by offices globally. For additional information about TTI Telecom, please visit the company's Web site at www.ttitelecom.com. Forward looking statements in this release involve a number of risks and uncertainties including, but not limited to, product demand, pricing, market acceptance, changing economic conditions, risks in product and technology development, the effect of the Company's accounting policies as well as certain other risk factors which are detailed in the Company's SEC filings. |
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