LHS Aktiengesellschaft
LHS Aktiengesellschaft: New UAE Operator ‘du’ Selects Billing Software Vendor LHS To Support Fixed-Mobile Convergence
LHS Aktiengesellschaft / Contract Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Frankfurt, Germany – November 14, 2007 – Leading provider of telecom customer care and billing systems LHS, today announced that Emirates Integrated Telecommunications Company (EITC), the second operator of the United Arab Emirates, has selected BSCS iX to rate and bill its integrated services across its mobile and fixed line network. EITC which operates under the brand name 'du', launched with mobile services earlier this year, followed by long distance fixed line late summer and will launch full fixed line, broadband and pay TV services by yearend. BSCS iX enhances 'du's' ability to market products and services with very innovative and flexible tariff plans, allowing them to gain and maintain a competitive advantage. Customers will benefit from cross technology service bundles and marketing offerings, which will in turn increase their brand loyalty. Osman Sultan, Chief Executive Officer at 'du', comments: 'We are committed to making 'du' the leading provider of truly integrated communication services including voice, data and TV content over fixed and mobile networks to all customers. Customers are looking for two things: simplicity and convenience. With BSCS iX we are able to offer our customers an integrated solution that will simplify how they access and pay for services available to them.' Wolfgang Kroh, Chief Executive Officer at LHS adds: 'As 'du' establishes itself as the leading provider of fixed and mobile communications services for residential and corporate customers in the UAE, BSCS iX will enable them to offer customers three-fold convergence on the service, technology and payment levels.' BSCS iX enables real-time business operations for the entire rating and billing process, thus reaching a new level of customer-centricity, from the point of sale to provide real-time charging information right up to real-time billing. Its modular design enables low risk step-wise migrations and easy integrations of the system. 2.073 characters About LHS LHS is the leading independent software vendor (ISV) of billing and customer care systems in the telecom industry. The company's award-winning solutions are used by the world's leading network and virtual operators, to generate and manage consistent revenue streams. LHS Business Support Systems offer full convergence on various levels, supporting the complete range of business models across the mix of fixed and mobile services, as well as prepaid and postpaid services. LHS builds innovative systems that enable their customers to introduce new services fast, helping drive revenues up, while keeping operational costs to a minimum. LHS’ headquarters are located in Frankfurt, Germany, with main offices in Brazil, France, Malaysia, and the UAE. LHS Aktiengesellschaft as the Group’s Holding company is a public company listed on the Frankfurter Stock Exchange (LHS400). For more information, please visit www.lhsgroup.com. About du du, is the new telecommunications company in the UAE. It is 40 percent owned by the UAE Federal Government, 20 percent by Mubadala Development Company, 20% by TECOM Investments and 20% by public shareholders. It is listed on the Dubai Financial Market (DFM) and trades under the name du. du currently provides fixed line, internet and pay TV services in some of the free zones of Dubai, following its purchase of TECOM Investments’ telecom. www.du.ae Press contact: LHS Oliver Madsen Investor Relations Officer Herriotstrasse 1 60528 Frankfurt am Main Germany Phone: +49 (0)69-2383 3264 Fax: +49 (0)69-2383 5710 E-Mail: oliver.madsen@lhsgroup.com Commercial Register: Amtsgericht Frankfurt/Main - Registration Number HRA 42727 Personally Liable Partner: LHS Management GmbH - Registration Number HRB 77913 Amtsgericht Frankfurt/Main Management Board: Wolfgang Kroh, Axel Barta, Dr. Jens Troetscher Fink & Fuchs Public Relations AG Stefanie Wegner Senior Consultant Berliner Strasse 164 65205 Wiesbaden Germany Phone.: +49 (0)611-74 131-66 Fax: +49 (0)611-74 131-22 E-Mail: stefanie.wegner@ffpr.de www.ffpress.net 14.11.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: LHS Aktiengesellschaft Herriotstrasse 1 60528 Frankfurt Deutschland Phone: +49 (0)69 2383 4090 Fax: +49 (0)69 2383 5710 E-mail: ir@lhsgroup.com Internet: www.lhsgroup.com ISIN: DE000LHS4000 WKN: LHS400 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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