TELECOM COST CONTROL FIRM OFFERS ALTERNATIVE TO DOWNSIZING

By reducing their telecommunications expenses, companies can shift dollars to other areas of the budget, helping them to postpone or avoid the layoffs rampant throughout the country. Teldata Control, Inc. specializes in providing these services and has been experiencing increased demand in the current economy.

EAST RUTHERFORD, NJ, August 2, 2001-- Thanks to Teldata Control, Inc., companies trying to avoid downsizing or budget cuts have another option.

The East Rutherford-based company helps organizations trim their telecommunications costs, which represent a huge expenditure for most businesses. From billing audits to network expense management outsourcing, Teldata Controls goal is to help their clients control telecom expenses in order to avoid more drastic cost-cutting measures.

Over the past 13 years, the company has obtained over $450 million in refunds and cost savings for its clients. Historically, weve achieved reductions of between 5--35% in overall telecom costs for our clients," explains CEO Greg Carr. They can then put those dollars to use in other areas, lessening the need for layoffs and budget cuts. It creates value for both shareholders and employees."

Carr founded the company in 1988 with the Investment Recovery Program, employing trained auditors to identify and secure refunds for telecom bill errors. Soon clients were asking if Teldata Control could provide more ways to save on telecom expenses. Carr began adding services, each of which was developed in response to clients needs.

Thats why Teldata Control offers the best value, says Carr. Every single service we offer is designed to help our clients reduce their telecom expenses. And in an economy like this, they can use all the help they can get."

About Teldata Control

Teldata Control offers a full suite of cost-control solutions, including the Investment Recovery Program, the Call Accounting and IP Accounting Service Bureaus, the ONE+ (Outsource Network Expense +) program, Network Consulting services, and invoice management software. Its clients include many FORTUNE 500 companies and government agencies.

For more information on Teldata Controls cost control solutions for voice, data, and information services, please contact Joe Basili at (201) 933-2200 or info@teldatacontrol.com or visit www.teldatacontrol.com.