FOR IMMEDIATE RELEASE

RATEINTEGRATION ANNOUNCES THE COMMERCIAL AVAILABILITY OF PRICEMAKER^™ FOR INTERCONNECT

PriceMaker^™ for Interconnect will allow carriers to increase revenue and reduce operating cost by more effectively rating interconnect traffic

London, UK and Durham, NC, 2 April 2005 –- RateIntegration, a leading provider of enterprise rating solutions to the global telecommunications industry, today announced the latest configuration of its PriceMaker^™ 6.0 rating software. Named PriceMaker^™ for Interconnect, this solution is specifically configured to allow Tier I and II carriers to manage more effectively the pricing of their domestic and international interconnect traffic. 

Designed to work with any interconnect billing system, PriceMaker^™ for Interconnect utilises RateIntegration’s established and proven PriceMaker™ 6.0 technology. The unique business rules modelling interface of PriceMaker gives carriers the ability to implement pricing specifications directly using any available business data. As a result, rating models can be defined quickly, easily and virtually cost-free.

Usage-based charges (distance/destination/cost based) for voice, data and content, flat rates, time and volume pricing as well as cross-product discounting – all combinations are easily supported within PriceMaker^™ for Interconnect. Contract-based rating also enables custom rating, revenue sharing and settlement arrangements with carriers or large corporate customers. With PriceMaker^™ for Interconnect’s data-neutral technology, all of these approaches can be supported for any existing or new service.

Key benefits of PriceMaker™ for Interconnect include:

• Responding instantly to market opportunities with innovative pricing on new products and services
• Enabling business owners to manage rating and settlement business rules through a single intuitive interface
• Managing dynamic business relationships with partners at any scale and implementing any custom agreements easily
• Leveraging existing settlement system investments via easy integration with the RateIntegration solution
• Providing a pricing management solution with zero cost for changing pricing

Key capabilities of the PriceMaker^™ for Interconnect include:

• Provides completely open-ended pricing and rating policies – any combination of usage and recurring fees with any logic for pricing and discounting
• Allows rapid development of rating rules for all new products and services, including voice, data and content (including emerging 3G and IMS-based services)
• Supports the rating requirements of all inter-carrier billing styles, e.g. cascade, direct and ITU
• Expresses easily the contractual logic required for partner settlements and revenue sharing regimes as well as enabling low-cost maintenance as these relationships evolve

Based on production experiences of the carriers using PriceMaker today, carriers that adopt PriceMaker^™ for Interconnect can expect business benefits such as:

• Reducing the time and cost of rolling out new products and services by 50%
• Improving cash flow by dramatically reducing the ‘Days to Bill’ by up to 90%
• Reducing billing errors by for more accurate billing of existing services by .5%
• Reducing the number of un-billable / suspense records by 90%
• Reducing annual systems maintenance costs by 50%

Commercial Availability

PriceMaker^™ for Interconnect, is applicable to all communications services including wireless, wireline and VoIP and is commercially available immediately.

To Schedule a Demonstration

To schedule a demonstration of PriceMaker^™ for Interconnect, please contact: Brendan Burke, Vice President of RateIntegration on +44 7940 526 696.

About PriceMaker^™ for Interconnect

PriceMaker^™ for Interconnect is an advanced telecommunications pricing and rating product designed to leverage a service provider’s existing infrastructure software investment by operating as a stand alone product or easily integrating with existing mediation, billing, order management and customer care systems. PriceMaker^™ for Interconnect offers the flexibility and performance of demanded by major telecommunications service providers who process large volumes of interconnect traffic data. The key business benefits of PriceMaker^™ for Interconnect include:

• Multi-Market Support – PriceMaker supports all forms of interconnect traffic including wireless, long distance, Internet, MVNO and VoIP markets.
• Rules-based Rating – PriceMaker is a true rules-based pricing and rating engine. Complex carrier contracts can be set up, launched and maintained by pricing and business analysts without software development.
• Dynamic Rate Changes – PriceMaker facilitates the management of complex and frequently changing carrier to carrier contracts.
• Designed to Work with Existing OSS Infrastructures - With no inherent data model, PriceMaker™ was designed from the ground up to integrate easily with any interconnect billing solution.
• Flexible Record Input / Output – PriceMaker™ accepts fixed and variable records from virtually all telecommunication and Internet networks.
• Carrier Grade Performance – PriceMaker™ is a high volume, transaction processing engine proven to work in the mission critical OSS environments of some of the largest service providers in the world.
• Demonstrable ROI – Based on reduced time to market, reduced billing cycle time and dynamic rate changes, PriceMaker™ delivers a demonstrable reduced total cost of ownership and increased return on investment.

About RateIntegration

RateIntegration, Inc. provides pricing, rating and interconnection software solutions to global telecommunications providers including long distance, local, wireless, mobile commerce and managed network companies. The Company’s flagship PriceMaker ™ product was designed to leverage a service provider’s existing infrastructure software investment by operating as a stand alone product or easily integrating with existing mediation, billing, order management and customer care systems. PriceMaker is offered on a licence and outsourced basis and allows customers to bring new products and services to market rapidly. RateIntegration’s world-wide customer base includes leading carriers, including BT Group, Cable & Wireless, Qwest, iPass, StarHub, FastLink, Suburban Telecom, VeriSign, TeliaSonera AB, and Azure. RateIntegration has offices in the United States and Europe and is headquartered in Durham, North Carolina. More information can be found on the Company’s Web Site at www.rateintegration.com or by contacting us on +1 720-320-1161.

For further information, please contact:

Mark McCormack, RateIntegration
telephone: +1 720 320 1161.