The Management Network Group, Inc.
Cartesian’s Leading Proprietary Toolset Now Compliant with TMForum Industry Standards
The Management Network Group, Inc. 08.06.2011 09:00 --------------------------------------------------------------------------- Flagship Toolset - eLexicon(TM) - Critical for Maximizing Operational Performance and Providing Business Assurance for Service Operators LONDON, 2011-06-08 09:00 CEST (GLOBE NEWSWIRE) -- Cartesian, a TMNG Global company, today announced that one of its flagship proprietary toolsets, eLexicon?, is now compliant with the industry standards developed by TM Forum - eTOM (enhanced Telecom Operations Map) and TAM (TM Forum Application Framework). This toolset is critical for providing Business Assurance for service operators and in evaluating complex business and operations processes such as service assurance, business process management, revenue and cost management, billing and mediation. Commenting on the toolset enhancement, Rich Nespola, Chairman and CEO of TMNG Global said: 'As service operators strive to keep pace with today's digital market dynamics, they need to re-evaluate every aspect of their existing business operations. Well-executed business requirements and operational analysis requires the right toolsets to properly evaluate whether an operator's existing business applications and systems are meeting user needs and performing optimally. We've taken our intellectual property and linked them to the industry standards and now have the ability to cross-reference our proprietary requirements with industry requirements to better serve our clients and to ensure that they make the most of their investment dollars.' The eTOM model, the most widely used and accepted standard for business processes in the telecommunications industry, describes the full scope of business processes required by a service provider and defines key elements and how they interact. TM Forum's TAM provides a model for grouping processes and their associated information into recognisable applications. Cartesian's proven methodologies and toolsets, advanced analytical capabilities, and deep market and customer insights help clients assure their business and create lasting and sustainable value through improved operational performance, reduced expenditures and optimal efficiency. Howard Watson, Cartesian's Managing Director added: 'In order to provide a true end to end approach to requirements and optimisation, we have reconfigured eLexicon? to include Order to Cash, Switch to Bill, Strategy, Infrastructure, Product Lifecycle, and Enterprise Management, as well as Security Management, Revenue and Fraud Management, and Human Resources. Thus, eLexicon? is the indispensible tool to create maximum business value from investment decisions.' For more information, visit: www.cartesian.com. Contact details For further information, please contact: Cartesian Bill Hill, VP Business Development william.hill@cartesian.com 07770 637825 (mobile) 020 7643 5555 (switchboard) Brainerd Communicators Ray Yeung / Jo Anne Barrameda (Media) yeung@braincomm.com / barrameda@braincomm.com 212.986.6667 Notes for Editors About Cartesian Limited, a TMNG Global Company Cartesian, a TMNG Global company, (Nasdaq:TMNG), is a leading provider of revenue assurance software and professional services to the communications, technology, utilities and digital media sectors in Europe. Through parent company, TMNG Global, sister division, CSMG, and 600+ senior consultants, Cartesian provides a full spectrum of services and solutions to clients around the globe. The company's clients represent all areas of the communications industry including mobile and fixed telecom operators; entertainment, media and technology companies; and the capital formation firms that support the industry. Cartesian is based in London with corporate headquarters in Overland Park, Kansas, and other company offices in Boston, New Jersey, and Washington, D.C. For more information about Cartesian, visit www.cartesian.com. The Cartesian logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9602 News Source: NASDAQ OMX 08.06.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: The Management Network Group, Inc. United States Phone: Fax: E-mail: Internet: ISIN: US5616931029 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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