Lightbridge Contracts With SymbioSys to Provide Support for Carriers in Taiwan.BURLINGTON, Mass.--(BUSINESS WIRE)--Aug. 4, 1998-- Systems Integrator Will Support FraudBuster for Growing Asia Pacific Market Lightbridge (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 :LTBG), a leading provider of customer acquisition and retention solutions for the global telecommunications industry, today announced it signed an agreement with Symbio Systems, Inc. (SymbioSys) to provide local customer support for Lightbridge's FraudBuster(R) clients in Taiwan. SymbioSys is a worldwide provider of system integration, applications development, Internet development, technical consulting and software internationalization and localization "Internationalization" redirects here. This term may also refer to the establishment of an independent free city. In computing, Internationalization and localization are means of adapting computer software for non-native environments, especially other nations and cultures. service to commercial companies. "This contract will allow Lightbridge's clients to take advantage of the one-stop international software lifecycle support available from SymbioSys that helps them bring products to market faster and more successfully," said Joseph Hsu, chief executive officer, Symbio Systems, Inc. "The synergy between the two companies will allow us to better service present and future clients." The telecommunications market in Asia continues to expand at a rapid pace. Stat-USA, a division of the Department of Commerce, reports, "An Asian Executives Poll conducted by the Far Eastern Economic Review ranked Taiwan as the strongest economy in Asia." Due to recent deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and liberalization lib·er·al·ize v. lib·er·al·ized, lib·er·al·iz·ing, lib·er·al·iz·es v.tr. To make liberal or more liberal: "Our standards of private conduct have been greatly liberalized . . . , Taiwan presents a growing opportunity for customer acquisition and retention software and services. "This agreement puts Lightbridge in a powerful position in Taiwan," said Tom Prosia, vice president of strategic marketing at Lightbridge. "SymbioSys is renowned for delivering a high-level, high-quality service that Lightbridge clients have come to expect." About FraudBuster FraudBuster is a UNIX-based software product designed to identify usage trends and patterns to detect fraud at the back-end (after activation). FraudBuster collects detailed call records to create individual subscriber usage profiles. It then updates, references and analyzes the profiles on a call-by-call basis to uncover any abnormal activity which may indicate fraud. FraudBuster also offers flexible subscriber segmentation capabilities, allowing new or high-risk subscribers to be managed separately. FraudBuster also incorporates a series of analyses specifically designed to capture subscription fraud events. FraudBuster supports the GSM wireless standard, as well as AMPS, CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. and TDMA (Time Division Multiple Access) A satellite and cellular phone technology that interleaves multiple digital signals onto a single high-speed channel. For cellular, TDMA triples the capacity of the original analog method (FDMA). , making FraudBuster a highly versatile solution. About Lightbridge, Inc. Lightbridge, Inc. (NASDAQ:LTBG), based in Burlington, Mass., is a leading provider of software-based services that help global telecommunications carriers quickly acquire customers and retain them over time. Lightbridge has leveraged its credit processing expertise into solutions that help carriers quickly and cost-effectively provide bundled services through new channels. Telesto(TM), Lightbridge's network of integrated customer acquisition and retention solutions, provides best-in-class credit, fraud, churn, channel and market performance solutions to such clients as 360(degree) Communications, AT&T Wireless, BellSouth Mobility DCS BellSouth Mobility DCS, LLC headquartered in Atlanta, Georgia, was a BellSouth subsidiary. BellSouth Mobility DCS operated 1900MHz GSM networks in a number of states in the South, clustered around South Carolina. , Omnipoint Communications and Sprint PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. . It is the only complete, workflow-enhanced system for customer interaction in the converged telecommunications marketplace. Additional information on the company can be found on the Web at http://www.lightbridge.com. About SymbioSys SymbioSys provides a wide range of business and information consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" based on leading edge technologies to our corporate clients. The services we provide include enterprise-wide business process solutions, systems integration and custom software development, and technical support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . Our clients are engaged in a broad range of commercial markets, such as banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , e-commerce and Internet, manufacturing and distribution, telecommunication, and the information technology markets. An example of our clients includes IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corporation, Hewlett Packard Corporation, The World Bank, CitiBank Taiwan, as well as numerous other companies throughout the U.S., Asia, and Europe. For the information technology industry SymbioSys also provides software internationalization and localization services for the Asia/Pacific, as well as European markets. Our clients include Microsoft, IBM Corporation, LHS (filename extension) lhs - The filename extension for literate Haskell source files. Communications, Cincom Software, as well as numerous other software companies who have developed enterprise solutions for the Asian and European markets. FraudBuster is a registered trademark of Lightbridge, Inc. Telesto, Lightbridge and the Lightbridge logo are trademarks of Lightbridge, Inc. All other trademarks and registered trademarks are the properties of their respective owners. CONTACT: Lightbridge, Inc. Karen Gobler, 781/359-4705 kgobler@lightbridge.com or The Weber Group Kristen Fahey/Terry May, 617/441-4000 ext. 241/230 kfahey@webergroup.com tmay@webergroup.com or SymbioSys, Inc. Richard Haft, 301/340-3988 x103 rhaft@symbiosys.com or Symbio Systems, Inc. Jim Yen, 886-22-717-4931 jyen@symbio.com.tw |
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