Tecnomen Lifetree Oyj - Company Announcement

Tecnotree receives an order of USD 3.3 million from an operator group in Latin America

Tecnotree Corporation
STOCK EXCHANGE RELEASE
April 20, 2011 at 8.30 am

Tecnotree has started the delivery of Tecnotree AgilityTM Convergent Charging
for a Latin American operator group. The solution shall be used for
provisioning, management and charging of different kinds of data connectivity
and content services, used by both prepaid and post-paid mobile customers. The
value of initial orders is USD 3.3 million. 

“We see operator focus shifting towards retaining customers and driving value.
By enabling new revenue streams through bundled service packages our solution
delivers strategic value and paves the way towards digital marketplaces.
Increasingly, flexibility in data charging will be a key differentiating factor
and pricing should allow packages for every taste, including for instance
option between a day-pass and an all-you-can-eat monthly subscription. Our
solution enables flexible subscription models and charging schemes for data
services and related value-added services, such as MMS, email, browsing, or
downloadable content, potentially each with individual pricing options,” says
Kaj Hagros, President and CEO, Tecnotree Corporation. 

Tecnotree AgilityTM product suite is grouped into three product lines: Revenue,
Customer and Value, designed to power the digital marketplaces of communication
service providers. Revenue consists of products for charging, billing and
distribution management. Customer encompasses products for provisioning,
customer care, unified product management and customer lifecycle management.
Value category includes messaging, media and entertainment service applications
and the enabling service platforms. 


TECNOTREE CORPORATION

Kaj Hagros


FURTHER INFORMATION
Kaj Hagros, President and CEO, tel. +358 40 849 1749


DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com


About Tecnotree
Tecnotree is a global provider of a broad range of telecom IT solutions focused
on charging, billing, customer care, messaging and content services. Tecnotree
empowers communication service providers to create and monetize a broad
marketplace of digital services, and augment value across the customer
lifecycle. Acknowledged for agility and commitment, Tecnotree has more than 800
employees serving over 100 operators globally. Tecnotree is listed on the main
list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V. For more
information on Tecnotree visit www.tecnotree.com.