Silver Spring, MD, January 30, 2006
MIND Expands Support in the Sentori Product and Team Following New Wins in the US
The Yankee Group recommends T2 & T3 operators to consider MIND’s billing solutions
MIND C.T.I. LTD. (NASDAQ: MNDO), a leading provider of scalable and cost-effective end-to-end billing and customer care solutions for VoIP, Mobile, 3G and Triple-play carriers worldwide, today announced an increased support of MIND's professionals for Sentori, its recently acquired leading North American vendor of billing and customer care solutions for Tier 2 and 3 cellular carriers, pay in advance cellular carriers, and mobile virtual network operators (MVNOs).
"Supporting the Sentori product line is strategic for MIND," said Monica Eisinger, chief executive officer of MIND. "Sentori has recently experienced growth in the demand for its wireless billing solutions in the North American market and MIND is geared up to assist Sentori in delivering quality deployment and premium support to its existing and future customers in the global markets."
"Tier 2 and Tier 3 wireless operators looking for a billing system should consider MIND," said Joseph Levine, Yankee Group, senior analyst, Billing & Payment Application Strategies. "The Sentori product line has been proven at numerous wireless operators and MIND is a financially stable company. Together they will be a much stronger competitor in the Americas than either company was before."
Ms. Eisinger added, "The involvement of MIND professionals in the Sentori operations will dramatically increase our engineering, project management and support capacity, to the benefit of our growing number of customers; and at the same time enrich Sentori's solution suite with MIND's prepaid and postpaid leading functionality for IP-based advanced services".
ABOUT SENTORI, INC.
Founded in 1994,
Sentori delivers highly flexible and scalable billing and customer care software
solutions to telecommunications carriers worldwide. Led by its flagship product
- the Sentori® Billing and
Customer Care system - Sentori is helping emerging 3G mobile carriers, mobile
virtual network operators (MVNOs) and other communications service providers
acquire and retain high value customers by giving them control of the entire
customer management process. The company is widely recognized for its product,
its customer support, and its outstanding record of on-time and in-budget
delivery.
For more information on Sentori, please visit www.sentori.com.
About MIND
MIND CTI Ltd. is a leading provider of convergent prepaid and postpaid end-to-end billing and customer care solutions for VoIP, Mobile, 3G and Triple-play carriers worldwide. Since 1997 MIND has been a pioneer in enabling the VoIP technology for emerging and incumbent service providers. In August 2005 MIND acquired Sentori, Inc., a US based provider of customer care and billing solutions to wireless carriers and mobile virtual network operators (MVNO's). Sentori, Inc. brings over ten years of wireless experience staff and seven years of a wireless operational solution to carriers. MIND operates from offices in Europe, Israel and the United States. For financial information, reports and presentations, please visit the Investor Relations site: http://www.mindcti.com/ir
Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements other than historical facts included in the foregoing press release regarding the Company's business strategy are "forward-looking statements." These statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements are not guarantees of future performance, and actual results may materially differ. The forward-looking statements involve risks, uncertainties, and assumptions, including the risks discussed in the Company's filings with the United States Securities Exchange Commission. The Company does not undertake to update any forward-looking information.
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