The Management Network Group, Inc.
Global Mobile Operator’s Agreement With TMNG Global Consolidates Its Revenue Assurance Functions Onto a Single Platform
The Management Network Group, Inc. 04.11.2010 12:00 --------------------------------------------------------------------------- TMNG Global's Ascertain Platform Delivers Substantial Cost Savings and Operational Performance Benefits to Operator OVERLAND PARK, Kan., Nov. 4, 2010 (GLOBE NEWSWIRE) -- TMNG Global (Nasdaq:TMNG), a leading provider of management consulting and software solutions to the global communications, media and entertainment industries, today announced an agreement with a leading European mobile operator to significantly expand their deployment of TMNG Global's Ascertain(r) platform. Under the new agreement, the operator will deploy a third module, Usage Assurance, to its existing Ascertain(r) platform. By consolidating all of its revenue assurance functions upon a single platform from a single provider, the carrier will simplify its operating environment, improve its technical capabilities, and lower its total cost of ownership. TMNG's Ascertain(r) software has been designed specifically to help communications service providers (CSPs) manage multiple service offerings, inter-carrier agreements, content partners and expenses by means of a flexible and functionally-robust revenue assurance solution. Ascertain(r) is widely deployed by cable and telecom operators around the world, including 22 deployments with Tier 1 carriers, and is renowned for having the broadest set of capabilities in the revenue assurance field. 'This new venture with one of the world's leading mobile operators not only demonstrates the value of Ascertain(r) for the industry, but also validates TMNG Global's deep industry expertise and successful track record in helping communications operators manage the complexities associated with delivering next-generation mobile offerings,' said Howard Watson, Managing Director of Cartesian, a TMNG Global company. 'Leveraging a single, functionally rich revenue assurance toolset from one provider will provide substantial cost savings and operational performance benefits for this mobile operator.' The Ascertain(r) toolset helps operators optimize cash flow through consolidated revenue assurance and cost management capabilities. Benefits of the solution include reduced time to market, as well as usability and efficiency improvements for revenue assurance personnel. The industry-leading toolset enables operators to lower cost of total ownership, reduce support and maintenance costs, while providing a unified user experience and increasing productivity. In addition, Ascertain(r) supports multiple billing, network and IT systems and data types and has interfaces to more than 30 commonly used systems across the range of back office operations. For more information, visit: www.tmng.com/ascertain. About TMNG Global TMNG Global (Nasdaq:TMNG) is a leading provider of professional services to the communications, digital media, technology and financial services industries. Since 1990, TMNG Global and its subsidiaries, CSMG and Cartesian, have provided strategy, business, operations and technical consulting to more than 1,200 firms worldwide. The company is headquartered in Overland Park, Kansas, with offices in Boston, London, New Jersey, Shanghai and Washington, D.C. For more information about TMNG Global, visit www.tmng.com. The Management Network Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6089 CONTACT: The Management Network Group, Inc. Debby Brannon 800.876.5329 debby.brannon@tmng.com Brainerd Communicators Media Ray Yeung yeung@braincomm.com Jo Anne Barrameda barrameda@braincomm.com Investors Corey Kinger 212.986.6667 kinger@braincomm.com News Source: NASDAQ OMX 04.11.2010 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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