The Management Network Group, Inc.
TMNG Global Unveils Major Enhancements to Ascertain(R) Business Assurance Software Suite
The Management Network Group, Inc. 28.02.2011 13:00 --------------------------------------------------------------------------- Enhancements Support the Evolving Business Assurance Needs of Communications Providers OVERLAND PARK, Kan., 2011-02-28 13:00 CET (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 significant enhancements to its Ascertain(r) Business Assurance Software Suite. Consolidation and integration of communications industry business and operational processes and related support systems for major operators is now more critical than ever. To address the evolving business assurance needs of communications providers, TMNG Global is enhancing its Ascertain(r) Business Assurance Suite and perfecting its consulting methodologies and toolsets to manage these large-scale operator business environments. The newly-released Ascertain(r) Business Assurance 6.0 delivers a more agile user experience, including usability and operations enhancements such as 'Task Based' end-user interaction for configuration and business logic changes; Drag and Drop Dashboards; enhanced Extract, Transform and Load (ETL) functionality to ease and speed data loading; and new features such as 'favorites', navigation panels, enhanced case management; and alert and alarm capabilities. With these new features, users are quickly able to configure complex business rules to assure operational and financial integrity through targeted notifications and rapid visualization. 'TMNG Global's commitment to the support of business assurance in the communications industry has been renowned for the last twenty years. Having actively participated in the consolidation of systems and processes within the global communications industry for more than two decades, we have an unrivaled understanding of the challenges faced by the world's largest operators,' said Rich Nespola, TMNG's Chairman and CEO. 'Leveraging a single, functionally rich business assurance toolset supported by an unmatched set of professional services from one consultancy provides significant benefits to our communications provider customers.' Widely deployed by fixed line, wireless, and cable operators globally, TMNG Global's Ascertain(r) software has been designed specifically to help them manage multi-layered service offerings with the broadest set of capabilities in revenue, cost, cash, service, and risk management. For more information, visit: www.tmng.com About TMNG Global TMNG Global (Nasdaq:TMNG) is a leading provider of professional services to the converging communications industry. TMNG Global and its companies CSMG and Cartesian and its base of more than 600 consultants, have provided strategy, management and technical consulting, products and services to more than 1200 communications clients worldwide. The company's clients represent all areas of the communications industry including wireless and wireline service providers; entertainment, media and technology companies; and the supporting capital formation firms that support the industry. The company is headquartered in Overland Park, Kansas, with offices in Beijing, Boston, London, New Jersey, New York, China 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 Cautionary Statement Regarding Forward-Looking Information This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, any statements that do not relate to historical or current facts constitute forward-looking statements, including any statements contained herein regarding expectations with respect to the Company's future business, financial condition and results of operations. Forward-looking statements are subject to known and unknown risks, uncertainties, and contingencies, many of which are beyond the Company's control, which may cause actual results, performance, or achievements to differ materially from those projected or implied in such forward-looking statements. Factors that might affect actual results, performance, or achievements include, among other things, the ability of the Company to successfully integrate recent acquisitions, conditions in the telecommunications industry, overall economic and business conditions (including the worsening of conditions in the credit markets and in general economic conditions), the demand for the Company's services (including the slowing of client decisions on proposals and project opportunities along with scope reduction of existing projects), the level of cash and non-cash expenditures incurred by the Company, technological advances and competitive factors in the markets in which the Company competes, and the factors described in this press release and in TMNG Global's filings with the Securities and Exchange Commission, including the risks described in TMNG Global's periodic reports filed with the SEC, including, but not limited to, 'Cautionary Statement Regarding Forward Looking Information' under Part I of its Annual Report on Form 10-K for the fiscal year ended January 2, 2010 and subsequent periodic reports containing updated disclosures of such risks. These filings are available at the SEC's web site at www.sec.gov. TMNG Global does not intend to update these forward-looking statements and undertakes no duty to any person to provide any such update under any circumstances. CONTACT: The Management Network Group, Inc. Debby Brannon debby.brannon@tmng.com 800.876.5329 Brainerd Communicators Ray Yeung / Jo Anne Barrameda (Media) yeung@braincomm.com / barrameda@braincomm.com Corey Kinger (Investors) kinger@braincomm.com 212.986.6667 News Source: NASDAQ OMX 28.02.2011 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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