PORTAL SOFTWARE ANNOUNCES AGREEMENT TO PROVIDE SOFTWARE PLATFORM FOR BILLING OF AOL SERVICES.Portal Software, Inc. (Nasdaq:PRSF PRSF Presidio of San Francisco (US National Park Service) PRSF Peoples Republic of San Francisco ), has announced a multi-million dollar, multi-year contract with America In the historic 1994 midterm elections, Republicans won a majority in Congress for the first time in forty years, partly on the appeal of a platform called the Contract with America. Put forward by House Republicans, this sweeping ten-point plan promised to reshape government. Online under which America Online will license Portal's Infranetsoftware platform. America Online plans to use Infranet business management and billing software to support a wide range of services. "This contract with America Online is a major milestone for Portal Software and clearly demonstrates our ability to support the largest, most innovative market-leading companies," said John Little, 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. of Portal Software, Inc. "We're very excited America Online chose Portal and look forward to supporting their innovative products and services over the coming years." Robert Horton, Senior Vice President of Corporate Information Billing Systems at America Online said, "AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. is constantly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to enhance our members' online experience, and we look forward to working with Portal Software to utilize the extensive functionality and flexible architecture that the Infranet platform provides." Portal Software, Inc. provides software to manage next generation communications and e-services. The Infranet software platform enables service providers to rapidly develop new services, define optimal business models and price plans, and bill their users. Portal's software is deployed by eighty percent of the world's 30 largest communications services companies supporting wireless, broadband, Internet, and other e-service offerings. Customers include Qwest Communications, Sprint, NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform , Deutsche Telekom, Telenor Mobil AS, China Telecom, and France Telecom. Portal Software employs about 1,350 people across 42 offices worldwide. For more information, visit www.portal.com. n |
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