Court Grants ECtel's Motion to Dismiss Class Action Case

Jul 18, 2006, 01:00 ET from ECtel Ltd.

    ROSH HA'AYIN, Israel, July 18 /PRNewswire-FirstCall/ -- ECtel Ltd.
 (Nasdaq:   ECTX), a leading provider of Integrated Revenue Management(TM)
 (IRM (TM)) solutions, today announced that the United States District Court
 for the District of Maryland has granted ECtel's motion to dismiss the
 securities class action lawsuit against ECtel and certain of its directors
 and officers who served in such positions in the years 2001-2003, as well
 as ECI Telecom Ltd. (a major shareholder during the referenced period).
     Under the federal rules the plaintiffs have a period of 30 days in
 which to appeal the court's decision.
     "We're pleased with this confirmation of our earlier statements that we
 believe this case was filed without merit. This justifies our vigorous
 defense of this matter," commented Mr. Eitan Naor, President and CEO of
 ECtel.
     About ECtel
     ECtel (Nasdaq:   ECTX) is a leading global provider of Integrated Revenue
 Management(TM) (IRM(TM)) solutions for communications service providers. A
 pioneering market leader for over 15 years, ECtel offers carrier-grade
 solutions that enable wireline, wireless, converged and next-generation
 operators to fully manage their revenue and cost processes. ECtel IRM(TM)
 Product Suite features the world-leading fraud and revenue assurance
 products, FraudView(R), RAP and CashView(R), that minimize operator revenue
 leakage across networks and operations support systems (OSSs). ECtel serves
 prominent tier one operators, and has more than 100 implementations in over
 50 countries worldwide. Established in 1990, ECtel maintains offices in the
 Americas, Europe and Asia Pacific. For more information, visit
 www.ectel.com
     Certain statements contained in this release contain forward-looking
 information with respect to plans, projections or future performance and
 products of the Company, the occurrence of which involves certain risks and
 uncertainties, including, but not limited to, the finality of the
 class-action dismissal, the ability to recognize revenue in future periods
 as anticipated, the possible slow-down in expenditures by telecom
 operators, the unpredictability of the telecom market, product and market
 acceptance risks, ability to complete development and market introduction
 of new products, the impact of competitive pricing and offerings,
 fluctuations in quarterly and annual results of operations, dependence on
 several large customers, commercialization and technological difficulties,
 risks related to our operations in Israel and other risks detailed in the
 Company's annual report on Form 20-F and other filings with the Securities
 and Exchange Commission. ECtel undertakes no obligation to publicly release
 any revisions to these forward-looking statements to reflect events or
 circumstances after the date hereof or to reflect the occurrence of
 unanticipated events.
     Contacts:
 
     ECtel Ltd.                       ECtel Ltd.
     Ron Fainaro                      Danit Hakimian
     Senior Vice President and CFO    Investor Relations Coordinator
     Tel: +972-3-9002102              Tel: +972-3-9002113
     Fax: +972-3-9002103              Fax: +972-3-9002103
     Ronf@ectel.com                   Email: Danith@ectel.com
 
 

SOURCE ECtel Ltd.
    ROSH HA'AYIN, Israel, July 18 /PRNewswire-FirstCall/ -- ECtel Ltd.
 (Nasdaq:   ECTX), a leading provider of Integrated Revenue Management(TM)
 (IRM (TM)) solutions, today announced that the United States District Court
 for the District of Maryland has granted ECtel's motion to dismiss the
 securities class action lawsuit against ECtel and certain of its directors
 and officers who served in such positions in the years 2001-2003, as well
 as ECI Telecom Ltd. (a major shareholder during the referenced period).
     Under the federal rules the plaintiffs have a period of 30 days in
 which to appeal the court's decision.
     "We're pleased with this confirmation of our earlier statements that we
 believe this case was filed without merit. This justifies our vigorous
 defense of this matter," commented Mr. Eitan Naor, President and CEO of
 ECtel.
     About ECtel
     ECtel (Nasdaq:   ECTX) is a leading global provider of Integrated Revenue
 Management(TM) (IRM(TM)) solutions for communications service providers. A
 pioneering market leader for over 15 years, ECtel offers carrier-grade
 solutions that enable wireline, wireless, converged and next-generation
 operators to fully manage their revenue and cost processes. ECtel IRM(TM)
 Product Suite features the world-leading fraud and revenue assurance
 products, FraudView(R), RAP and CashView(R), that minimize operator revenue
 leakage across networks and operations support systems (OSSs). ECtel serves
 prominent tier one operators, and has more than 100 implementations in over
 50 countries worldwide. Established in 1990, ECtel maintains offices in the
 Americas, Europe and Asia Pacific. For more information, visit
 www.ectel.com
     Certain statements contained in this release contain forward-looking
 information with respect to plans, projections or future performance and
 products of the Company, the occurrence of which involves certain risks and
 uncertainties, including, but not limited to, the finality of the
 class-action dismissal, the ability to recognize revenue in future periods
 as anticipated, the possible slow-down in expenditures by telecom
 operators, the unpredictability of the telecom market, product and market
 acceptance risks, ability to complete development and market introduction
 of new products, the impact of competitive pricing and offerings,
 fluctuations in quarterly and annual results of operations, dependence on
 several large customers, commercialization and technological difficulties,
 risks related to our operations in Israel and other risks detailed in the
 Company's annual report on Form 20-F and other filings with the Securities
 and Exchange Commission. ECtel undertakes no obligation to publicly release
 any revisions to these forward-looking statements to reflect events or
 circumstances after the date hereof or to reflect the occurrence of
 unanticipated events.
     Contacts:
 
     ECtel Ltd.                       ECtel Ltd.
     Ron Fainaro                      Danit Hakimian
     Senior Vice President and CFO    Investor Relations Coordinator
     Tel: +972-3-9002102              Tel: +972-3-9002113
     Fax: +972-3-9002103              Fax: +972-3-9002103
     Ronf@ectel.com                   Email: Danith@ectel.com
 
 SOURCE ECtel Ltd.