SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2006
MER TELEMANAGEMENT SOLUTIONS LTD.
(Name of Registrant)
22 Zarhin Street, Ra'anana 43662, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82- _____________
This Form 6-K is being incorporated by reference into the Registrant's Form F-3
Registration Statement File No. 333-128225 and Form S-8 Registration Statements
File Nos. 333-12014 and 333-123321.
MER Telemanagement Solutions Ltd.
6-K Items
1. Press release re MTS and Systeam Form Strategic Alliance to Offer
Complete End-to-End Billing Solution for Service Providers and
Carriers in EMEA and South America dated May 30, 2006.
ITEM 1
Press Release Source: Mer Telemanagement Solutions Ltd.
MTS and Systeam Form Strategic Alliance to Offer Complete End-to-End Billing
Solution for Service Providers and Carriers in EMEA and South America
Tuesday May 30, 8:30 am ET
- Combined Product Offering Provides Comprehensive Solution by which to Manage,
Control, Bill and Verify the Entire Billing Cycle Operation -
RA'ANANA, Israel and FAIR LAWN, N.J., May 30 /PRNewswire-FirstCall/ -- MTS - Mer
Telemanagement Solutions Ltd. (Nasdaq: MTSL - News), a global provider of
business support systems (BSS) for comprehensive telecommunication management
and customer care & billing solutions, and Systeam Italy S.p.A., an Italian
company focused on fraud management, interconnection billing and law enforcement
agencies support systems, are joining forces to offer service providers and
operators a complete suite of integrated solutions.
Through its partnership with MTS, Systeam can offer clients a fully integrated
retail billing capability along with data traffic management. The MTS Total-e
billing solution is a perfect complement to the Systeam Modula suite of
products, enhancing functionalities through a web-based, self-care portal. The
new, combined product offering provides operators and services providers a
comprehensive solution by which to manage, control, bill and verify the entire
billing cycle operation and protect revenues with fraud control. Systeam Modula
products are installed in several customers worldwide, including two tier-1
operators in India.
MTS solutions are used worldwide by wireless and wireline service providers for
interconnect billing, partner revenue management and for charging and invoicing
customers. The Company plans to offer the Systeam SmartTrace solution, a support
system for law enforcement agencies (LEA) that provides information regarding
historical customer activity and current communication content to support
investigations, to its client base.
Dr. Marco Braccioli, Vice President of Sales & Marketing for Systeam, commented,
"We can now offer our clients a complete retail billing solution together with
full web-based customer self-care. This can an be integrated with our already
installed interconnect solution. This combined product offering gives us a
single turnkey solution from one vendor that performs all the functions that a
service provider might need, currently and in the future."
Ilan Arbel, Vice President of Corporate Sales for MTS, sees this as a great
opportunity for service providers to get a complete, integrated end-to- end
solution. "The MTS customer care module enables carriers and service providers
to easily manage customers' queries while enhancing those relationships through
closer ties to the user and greater flexibility and adaptability to changes in
the marketplace. Our Enhanced Web Self Care Module allows the end user to
monitor and acquire new services directly through their own provider's web site.
Similarly, carriers and service providers can manage the entire relationship
with end-users and partners, driving business and customer loyalty while
combating churn."
The Systeam Modula suite performs data traffic management from the collection of
data, optimal routing, analysis and reconciliation of the invoice, through the
detection of fraud. The Usage Collection Manager acquires data in different
formats and produces output files in a configurable way absorbing all changes in
the incoming data. Choosing the best routing is a trade-off among its price and
several technical/economic features (quality, agreement, etc..):
Modula/InterTrace Least Cost Routing (LCR) module allows, starting from the
price lists of interconnected Carriers with all their significant technical
features (quality, sizing, routes, etc ... ), to choose the best routing using
configurable rules and parameters. Information on Least Cost Routing is provided
to the network as options in order of descending convenience at the Carrier
level. FraudTrace is able to perform analysis on whatever kind of service in
telecommunications (wireline, wireless, UMTS, Internet, etc.) and in other
service domains (E-Commerce, utilities, pre-paid services, etc.) being able to
be configured with a 3G language in order to rapidly implement new fraud
detection algorithms.
The MTS Total-e billing solution is designed to provide a converged bill of all
the usage expenses of a user including landline, wireless, Value- Added
Services/Content, IPTV, VoIP and data. The solution provides for mobile fixed-
wireless and long distance billing to their subscribers for both pre-paid and
post-paid services. The platform's interconnect billing capability is ideally
suited for carriers and service providers wishing to reduce leakage in dealing
with partner relationships, and offers a real money-savings alternative. MTS has
implemented a sophisticated solution for the new Value-Added Services that
consists of a powerful rating system that can be integrated into a carrier or
service provider's main legacy billing system to reduce the risk and time to
market of the new services. The solution allows carriers and service providers
to bill for new services such as Video on Demand, Music on Demand, News on
Demand, Digital and Analog Video Channels and other interactive Value-Added
Services. Additional value-added services such as SMS, MMS, WAP that are
delivered via an Intelligent Network, calling cards and/or Next generation
services can also be billed.
About MTS
Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider of innovative
solutions for comprehensive telecommunications expense management (TEM) used by
enterprises, and for business support systems (BSS) used by information and
telecommunication service providers.
Since 1984, MTS' telecommunications expense management solutions have been used
by thousands of enterprises and organizations to ensure that their
telecommunication services are acquired, provisioned, and invoiced correctly. In
addition, the MTS' Application Suite has provided customers with a unified view
of telecommunication usage, proactive budget control, personal call management,
employee cost awareness and more.
MTS solutions for Information and Telecommunication Service Providers are used
worldwide by wireless and wireline service providers for interconnect billing,
partner revenue management and for charging and invoicing their customers. MTS
has pre-configured solutions to support emerging carriers of focused solutions
(e.g. IPTV, VoIP, MVNO) to rapidly install a full-featured and scaleable
solution. MTS' unique technology reduces integration risks and lessens revenue
leakage by using the very same system to manage retail and wholesale business as
well as supporting multiple business units. Total cost of ownership (TCO) is
reduced by providing web-based customer self-care and provisioning.
Headquartered in Israel, MTS markets its solutions through wholly owned
subsidiaries in the United States, Hong Kong, Holland, and Brazil, and through
OEM partnerships with Siemens, Phillips, NEC and other vendors. MTS' shares are
traded on the NASDAQ Capital Market (symbol MTSL). For more information please
visit the MTS web site: www.mtsint.com
About Systeam
Systeam is a leading provider of data management products with a vertical focus
on the Telecom industry providing OSS/BSS products to telecom customers in
Europe, Asia and South America, focusing on fraud management, data integrity,
LEA support systems, interconnection billing and information security areas.
With its specialization and market positioning, leading-edge technology and
top-tier customer base, Systeam qualifies as one of the most dynamic and
fastest-growing realities in the technology landscape, ready to pursue a growth
acceleration plan, to reap the benefits of the significant investments of the
last two years.
Modula Suite offers extensive functionality and can be easily customized to fit
company's business model, as reflected by telecommunication or IT environment:
thanks to its flexible approach based on configuration packages, a Modula system
is able to adapt to any business model, quickly and easily providing
functionality that assists in daily operations and improve revenues.
Headquartered in Rome with a subsidiary in Bangalore and an office in the USA,
Systeam is rapidly growing its product proposal worldwide.
More information on Systeam can be found at www.systeam.it
Certain matters discussed in this news release are forward-looking statements
that involve a number of risks and uncertainties including, but not limited to,
risks in product development plans and schedules, rapid technological change,
changes and delays in product approval and introduction, customer acceptance of
new products, the impact of competitive products and pricing, market acceptance,
the lengthy sales cycle, proprietary rights of the Company and its competitors,
risk of operations in Israel, government regulations, dependence on third
parties to manufacture products, general economic conditions and other risk
factors detailed in the Company's filings with the United States Securities and
Exchange Commission.
Contacts:
Company: Investor Relations:
Shlomi Hagai Kathy Price
Corporate COO & CFO Managing Director
MTS - MER Telemanagement Solutions The Global Consulting Group
Tel: +972-9762-1733 Tel: +1 646-284-9430
Email: shlomi.hagai@mtsint.com Email: kprice@hfgcg.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
MER TELEMANAGEMENT SOLUTIONS LTD.
(Registrant)
By: /s/Eytan Bar
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Eytan Bar
President and
Chief Executive Officer
Date: May 30, 2006