TTI Telecom Announces $1.5 Million Follow-on Order from North American Wireless Operator.PETACH TIKVA, Israel -- 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 ), ("TTI Telecom'), a global 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. ) to communications service providers, today announced that it has been awarded a follow-on order for an upgrade to its previously-deployed 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 Fault Management solution (FaM) and 2007 maintenance contract totaling $1.5 million from a tier-1, North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. wireless service provider. The service provider's decision to upgrade its FaM deployment was driven by growth in its network resulting from the addition of next generation network technologies. The FaM upgrade provides the capability to manage legacy and next generation networks through one system, delivering increased productivity through automatic problem correction, accelerated problem resolution and ultimately, increased network uptime and availability. "Our solutions remain competitive in the North America marketplace and continue to be adopted by tier-1 service providers there despite its weak market for OSS," stated Meir Lipshes, chairman 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. . "As the convergence of networks leads to convergence of OSS, and is further expanded with addition of newer communication technologies, OSS solutions like ours that deliver inherent scalability and OPEX See CAPEX. savings across multi-domain network environments have a competitive advantage in the marketplace. This follow-on order highlights a global trend, on which we believe our solutions are well-positioned to capitalize." TTI Telecom's fault management solution provides multi-domain wireless and wireline alarm surveillance and management capabilities by enabling service providers to manage the entire problem resolution cycle (alarm detection, root-cause analysis, service impact analysis, and problem resolution). It allows service providers to gain significant benefits via OPEX reduction, increase in efficiency and productivity, increase in network uptime and availability, and real time view and management control over the network. About TTI Telecom: TTI Team Telecom International Ltd. offers advanced, modular and integrated software products and services for Operations Support Systems (OSS) to communications service providers. TTI Telecom is uniquely positioned to bridge legacy and next-generation, convergent network and service infrastructures with its Netrac-based service assurance, fulfillment and revenue assurance solutions. With Netrac, service providers can reduce operating costs, enhance profitability and launch new, revenue-generating services more rapidly. Over 70 service providers worldwide have deployed TTI Telecom's solutions, supported by offices globally. For additional information, please visit www.tti-telecom.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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