CUPERTINO, Calif--Aug. 7, 2003--Portal Software, Inc. (Nasdaq:PRSF), a leading provider of billing and subscriber management solutions, today announced that Billing Plus has released a study that shows Portal leading all competitors for billing and customer care (BCC) contract wins over the period of July 2002 - June 2003. In a field of more than 50 companies, Portal outpaced all competition to dominate the market for service providers looking to improve the speed, flexibility, and business returns of their billing solutions.
Billing Plus based its BCC market count on publicly available information, vendor briefings, and internal analysis. The newsletter contains opinion and analysis from the billing and CRM experts at Chorleywood Consulting along with the latest news and data from Baskerville, part of the Informa Telecoms Group and the largest telecoms newsletter publisher in the world. Billing Plus has become the leading newsletter for billing, customer care, and marketing professionals in fixed, mobile, broadband, and IP markets.
"Billing Plus has provided objective, third-party validation of Portal's tremendous global market momentum," said Glenn Wienkoop, president and chief operating officer, Portal Software. "Our success is based on our delivery of solutions for our customers that enable the rapid roll-out of new services coupled with low total cost of ownership. Our product platform offers a unique value proposition in meeting both of these market-driving criteria."
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About Portal Software, Inc.
Portal Software provides flexible billing and subscriber management solutions to enable organizations to monetize their voice and digital transactions. Portal's convergent billing platform enables service providers to charge, bill, and manage a wide range of services via multiple networks, payment models, pricing plans, and value chains. Portal's flexible and scalable product-based solutions enable customers to introduce new value added services quickly, providing maximum business value and lower total cost of ownership. Portal's customers include thirty-five of the top fifty wireless carriers as well as organizations such as Vodafone, AOL Time Warner, Deutsche Telekom, TELUS, NTT, China Telecom, Reuters, Telstra, China Mobile, Telenor Mobil, and France Telecom. For more information, please visit www.portal.com.
Infranet and the Portal logo are U.S. registered trademarks, and Portal is a trademark of Portal Software, Inc. All other trademarks are the property of their respective owners. All statements made in this press release are made only as of the date set forth at the beginning of this release. Portal undertakes no obligation to update the information in the event facts or circumstances subsequently change.
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Local Media Contacts:
Corporate: Scott Carter, scarter@portal.com, 408.572.2435
North America: Christine Coleman, ccoleman@horngroup.com, 415.905.4028
Europe: Geoff Devlin, gdevlin@portal.com, +44 (0) 1753 244026
Asia Pacific: Krishna Arani, Asia-Pacific, karani@portal.com, +65 6248 4658