Date: November 28, 2006
MIND C.T.I. LTD. | |
By: /s/ Monica Eisinger Name: Monica Eisinger =================== Title: Chairperson of the Board of Directors, President and Chief Executive Officer |
Exhibit Number | Description of Exhibit |
1. | Press Release: MIND CTI Announces New Win and Follow-on Orders, Dated November 27, 2006. |
Yoqneam, Israel, November 27, 2006 - MIND CTI Ltd. (NasdaqNM:MNDO), a leading provider of convergent end-to-end billing and customer care product based solutions for tier 2 and tier 3 carriers worldwide, today announced a new win and customer follow-on orders, mainly from NGN (Next Generation Networks) operators.
MIND has been selected by a new alternative carrier in Central America to support VoIP and IPTV services with its integrated billing and customer care solutions. IPTV is considered a "must-have" service offered by NextGen operators.
MIND has also received follow-on orders for expanded license and professional services from carriers around the world, including one mobile carrier in Europe and one in Africa and two Next Gen operators in Europe (offering VoIP and data services).
MIND provides NextGen operators a converged platform that includes flexible mediation, a seamless integration to the SIP network and full support for multiple IP services. The MIND platform excels thanks to our:
About MIND
MIND CTI Ltd. is a leading provider of convergent prepaid and postpaid end-to-end billing and customer care solutions for VoIP, Mobile, Wireline and Quad-play carriers worldwide. Since 1997 MIND has been a pioneer in enabling the VoIP technology for emerging and incumbent service providers. In August 2005 MIND acquired Sentori, Inc., a US based provider of customer care and billing solutions to wireless carriers and mobile virtual network operators (MVNOs). Sentori, Inc. brings over ten years of wireless experience staff and seven years of a wireless operational solution to carriers. A global company, MIND operates from offices in Europe, Israel and the United States. MIND employs over 300 IT professionals and serves customers in more than 40 countries around the world.
For financial information, reports and presentations, please visit the Investor Relations site: http://www.mindcti.com/ir
Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements other than historical facts included in the foregoing press release regarding the Company's business strategy are "forward-looking statements." These statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements are not guarantees of future performance, and actual results may materially differ. The forward-looking statements involve risks, uncertainties, and assumptions, including the risks discussed in the Company's filings with the United States Securities Exchange Commission. The Company does not undertake to update any forward-looking information.
For more information please contact:
Andrea Dray
MIND CTI Ltd.
Tel: 18882704056
investor@mindcti.com