Telarix to Offer Billing and Settlement Solution
Interconnect Business Optimization Tool Provides Carriers
With a Vehicle to Control Costs and Increase Profits
FLORIANOPOLIS, Brazil, Oct. 28 /PRNewswire/ -- Futurecom -- Telarix, Inc., formerly known as Emerging Technologies Group, today announced the launch of a new interconnect billing solution for global telecommunications carriers. The new billing module in iXTools goes beyond invoicing to deliver real-time operational intelligence about interconnect costs, margins, and destinations, enabling telecommunications companies to increase revenue and improve profit margins. The solution is currently in production at Embratel, a Brazilian telecommunications carrier, and will be generally available in December 2003. Unlike manual processes and standalone interconnect billing products, iXTools provides business intelligence and analysis on key decision making criteria such as revenue, cost, routes and rate offers. Using iXTools, carriers can improve the speed in which they respond to customers; process and adopt optimal rate offers; analyze and resolve billing disputes; and improve the quality and accuracy of their invoicing -- ultimately making them more competitive and cost efficient." Telarix is transforming interconnect cost control and billing into a vehicle for increased efficiency and profitability," said Carlos Eduardo Vieira, Telco-Finance director of Embratel. "As Embratel has taken a proactive approach to effectively manage interconnection, control costs and drive increased value from our interconnect business, partnering with Telarix was a natural fit. We are extremely impressed with the successful implementation of the first phase of this project and are confident that we will see increased returns with the new billing module." "There are only a few companies building software solutions to optimize interconnect business processes," said David Hawley, Yankee Group Telecom Software Strategies analyst. "Telarix's focus on the delivery of real-time decision intelligence positions them well to deliver these solutions to global telecommunications carriers into the future." The billing solution is an addition to the iXTools product suite -- a collection of powerful software solutions which gives telecommunications companies the ability to manage costs and drive profitability on their interconnect traffic. Interconnect optimization is a core means by which telecommunications companies can control their cost, increase their revenue and improve margins. The ability to gain efficiencies in this area is significant because interconnect costs can account for more that 50 percent of total revenues. "The increasing complexity of interconnect billing has resulted in lost revenue and can result in negative margins," said Hormoz Hekmat, executive vice president at Telarix. "With the addition of billing to iXTools, carriers now have a high-value decision making tool that leverages intelligence from the interconnect process to realize bottom-line results. Embratel has made great strides towards achieving optimal returns and has been an exceptional client and partner in the deployment of this product." About Telarix Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) software solution, which gives telecommunications companies the ability to easily manage costs and drive profitability on their interconnect traffic. Telarix's innovative platform, iXTools, maximizes carrier profitability by leveraging operational intelligence to enable real-time business decisions. The company's web-based tools analyze and report on traffic, rates, and destinations almost as quickly as the calls move across the global network. The company was founded in 1996 and is headquartered in Vienna, VA. Please visit www.telarix.com for more information. About Embratel Embratel is the premium telecommunications provider in Brazil and offers an ample variety of telecom services -- local and long distance telephony, advanced voice, high-speed data transmission, Internet, satellite data communications, and corporate networks. The company is a leader in the country for data services and Internet, and is highly qualified to be an all- distance network carrier in Latin America. Embratel's network spreads countrywide, with almost 29 thousand kms of optic cables, which represents about one million and sixty-nine thousand km of fiber optics. CONTACT: Lisa Throckmorton of SheaHedges Group, +1-703-287-7803, email@example.com, for Telarix, Inc.; or Lyn Chamness of Telarix, Inc., +1-703-564-9622, firstname.lastname@example.org; or Helena Duncan of Embratel Participacoes S.A., Public Relations, (55 21) 2121-3653, email@example.com
SOURCE Telarix, Inc.
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