FTS F.T.S.-Formula

BOCA RATON, Fla., Aug. 25 /PRNewswire/ -- FTS (LSE:FTS), a global provider of billing, CRM and policy management solutions for communications, content and service providers, announced today that IntraLinks, the leading provider of critical information exchange solutions, will deploy FTS' Leap(TM) RevChain advanced billing and rating systems. IntraLinks selected FTS' Leap RevChain for pricing, billing, account and contract management. Leap RevChain will also help IntraLinks streamline internal operations and consolidate worldwide business operations by providing a single solution to address IntraLinks' business in international markets including the Americas, Europe, Middle East and Africa (EMEA) and the Asia Pacific region. "IntraLinks needed a flexible solution that would ensure accurate billing and account management, and was also easy to modify for the worldwide locations the company operates in," said David Sumka, IntraLinks' SVP of Operations and Finance. "We're confident FTS' Leap RevChain will achieve these objectives and help us realize greater efficiencies in our operations." "We are very proud of IntraLinks' decision to select FTS' Leap RevChain," said Shaul Ganel, President, FTS Americas. "One of the salient features of our work together will be using Leap RevChain to manage invoices and currencies in multiple languages. We know IntraLinks conducted a thorough search of vendors, and we are delighted to have been selected to implement our solution. It also attests to the flexibility of FTS' Leap RevChain, which is suitable for service providers across multiple industries." FTS' Leap RevChain is a flexible end-to-end, rating, billing and customer-care solution for the serviceprovider market throughout the Americas. Comprised of integrated applications designed to address the critical billing requirements of service providers, the solution provides extremely high throughput and high return on investment, delivering optimum response time for rating and billing hundreds of millions of complex usage records. About IntraLinks IntraLinks provides on-demand solutions for businesses to securely collaborate, communicate and exchange critical information inside and outside the enterprise. For more than a decade, 750,000 professionals from more than 90,000 organizations have relied on IntraLinks to accelerate workflow, optimize business processes and realize new profit potential. IntraLinks counts 800 of the Fortune 1000 as clients, including AstraZeneca Pharmaceuticals LP, Bank of America, Deutsche Bank and the FDIC. For more information, visit http://www.intralinks.com/. About FTS FTS (LSE:FTS) is a leading provider of billing, CRM and policy management solutions for communications, content and service providers. By analyzing events from a business standpoint rather than just billing them, FTS allows providers to better understand their customer base and leverage business value from every event and interaction. FTS deploys its full range of end-to-end, standalone and add-on solutions with customers in over 40 countries and has implemented solutions in wireless, wireline, cable, content and broadband markets, including multiple cross-network installations. Serving the evolving needs of both traditional and next-generation service providers, the company's operations comprise four international R&D locations and strategically-located sales support offices worldwide. For more information, visit http://www.fts-soft.com/. For further information please contact: Sonus PR: Martin Smith, Tel. +44 20 7851 4821, FTS: Moshe Peterfreund, Tel. +972-9-952-6500, DATASOURCE: Formula Telecom Solutions Ltd CONTACT: Sonus PR: Martin Smith, Tel. +44 20 7851 4821, , or FTS: Moshe Peterfreund, Tel. +972-9-952-6500, Web Site: http://www.fts-soft.com/

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