cVidya Wins 4 Tier-1 Revenue Assurance Customers in Western Europe

All wins within Q1 and include end-to-end implementation of MoneyMap®. End Quote

(1888PressRelease) June 23, 2011 - London - cVidya Networks, (www.cvidya.com) the global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, announced today that they have been selected by 4 tier-1 Western European customers during Q1 to implement their MoneyMap® Revenue Assurance solution. The new customers are comprised of both fixed and mobile operators servicing over 100 million subscribers. cVidya will be providing the consulting services in two of the four engagements.

The projects' scope covers the implementation of cVidya's MoneyMap® suite for the mobile and fixed- line, voice and data services, including MoneyMap®/Usage for reconciling events along the Network-To-Bill route, MoneyMap®/Configuration reconciling order management, switch, and billing systems and MoneyMap®/Rating and Billing Verification. The projects will enable the operators to prevent revenue leakage and improve their bottom lines.

cVidya's MoneyMap® solution enables operators to correlate and consolidate information from all network, operations and business systems. Through an on-going process, it automatically detects problem areas which impacts profitability as a result of revenue leakage, data inconsistencies or resources that are not being used efficiently. Once MoneyMap® identifies the areas of revenue leakage and resource inefficiency, it provides the user with intuitive tools to promptly correct and manage the problems to achieve profit maximization.

"We are delighted to be working with these companies to improve their revenues", commented Alon Aginsky, President and CEO of cVidya Networks. "These wins, which follow our ranking as the global market leader, confirm our leadership in the revenue intelligence domain. We look forward to having a major impact on these customers."

For more information please click here www.cvidya.com/Revenue_Assurance.html

About cVidya Networks
cVidya Networks is the global leader and innovative provider of revenue-intelligence solutions for telecom, media and entertainment service providers. The company's product portfolio helps operators and service providers maximize margins, improve customer experience and optimize ecosystem relationships through revenue assurance, fraud and risk management, dealer management, margin analytics, and clearinghouse services. Backed by a team of highly skilled professional experts and consultants, cVidya's solutions have a proven track record of achieving rapid ROI and lower TCO. With over 130 customers in five continents and an extensive network of regional offices in Europe, North America, Latin America and APAC, cVidya has one of the largest installed bases of revenue-assurance and fraud-management implementations worldwide.

Media Contact:
Aaron Godfrey, Account Manager, NCSM Strategic Marketing
+44 (208) 150 6940 or +972-545-346870, aaron ( @ ) ncsm dot co.il, ( @ ) NCSM_PR

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