British Telecom Implements RateIntegration's PriceMaker 5.1 Rating Software to Creat New Revenue Streams for 118 Directory Services in the UK

Cannes, France (PRWEB) February 27, 2004 -

– RateIntegration, Inc., today announced the growth of its existing business with BT Wholesale following the selection and implementation of PriceMaker™ 5.1 to manage the complex wholesale interconnect rating and settlement requirements between BT and new directory service providers in the UK.

Recently, Oftel, the UK telecommunications industry regulator, open up the traditional directory services market to competition. As a result, a new range of six-digit directory numbers is now being utilized to allow BT, along with other competitive service providers, to offer on demand directory services. To support this change, BT Wholesale is using PriceMaker 5.1 to calculate the revenues due from other directory service providers when directory calls are interconnect between the networks.

“We have been using RateIntegration’s PriceMaker 5.1 to meet the complex rating and settlement requirements at BT Wholesale services for over 18 months now,’ said Julian Wisniewski, Manager Wholesale Billing Systems, BT Wholesale CIO Office. “Our decision to implement PriceMaker 5.1 avoided costly bespoke development work to support Oftel’s recent directory service change and continues to help us support new revenue and settlement streams as well as deliver considerable cost savings for our business.”

“PriceMaker was designed to support the complex and ever changing requirements of the telecommunications industry,” said Thomas Thekkethala, CEO of RateIntegration. “Our ability to rapidly support this regulatory change for 118 Directory Services builds upon the strong working relationship between BT and RateIntegration.”

About BT Wholesale

BT Wholesale is at the heart of BT Group, providing network services and solutions to communication companies throughout the UK. BT Wholesale provides comprehensive network services within the UK to more than 500 communication companies, network operators and service providers, including other BT businesses - BT Retail, BT Global Services and BT Openworld.

About RateIntegration

RateIntegration, Inc. provides pricing, rating and interconnection software solutions to global telecommunications providers including long distance, local, wireless, mobile commerce and managed network companies. The Company’s flagship PriceMaker ™ product was designed to leverage a service provider’s existing infrastructure software investment by operating as a stand alone product or easily integrating with existing mediation, billing, order management and customer care systems. PriceMaker is offered on a license and outsourced basis and allows customers to rapidly bring new products and services to market. RateIntegration’s customer base includes small to large communications companies in the United States and Europe. RateIntegration has offices in the United States and Europe and is headquartered in Durham, North Carolina. More information can be found on the Company’s Web Site at http://www.rateintegration.com or by contacting us at +1 919-484-2442 x103.