telSPACE Chooses Tech Mahindra for Mobile Application Development for telSPACE MVNOs

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telSPACE, an innovative provider of multi-service telecom billing, rating, and customer care software solutions for the MVNO industry, today announced its vendor selection of Tech Mahindra, a leading provider of IT solutions to telecom companies across the globe, to develop its mobile data applications.

telSPACE, an innovative provider of multi-service telecom billing, rating, and customer care software solutions for the MVNO industry, today announced its vendor selection of Tech Mahindra, a leading provider of IT solutions to telecom companies across the globe, to develop its mobile data applications.

This choice will accelerate telSPACE's plan to offer its MVNOs data services that will dramatically enhance the customer's experience with their mobile phones. These applications will work hand in hand with its data strategy launch.

Paris Holt, telSPACE's Chief Executive says, "The final piece to the puzzle has been put in place and we have now started development on what we believe will be the most comprehensive suite of cellular phone applications ever assembled. Each of our 27 MVNO clients will be able to customize this phone based application to fit their exact target demographic. Cellular service related functionality will include the ability for the customer to see their minutes used, balance on account, as well as set up autopay and top up their account. Customers will receive alerts when their usage statistics show that they should be on a different rate plan than they are on and with one click customers can put themselves on the right rate plan saving a great deal of money. Customers will also be able to chose from thousands of MP3s, ring tones, wallpapers, and games and pay for and download that media using their cell-phone. And this is just the beginning as the real feature rich functionality is the true video conferencing, custom live TV streaming, GPS tracking, Sports, Weather, eBay integration, and many other custom MVNO applications that our team has come up with. Our goal is to revolutionize the way our MVNOs are positioned in the marketplace and provide customers with so much more functionality and utility than they have today."    

telSPACE has created a system that allows any company to add communications to their product line and become an MVNO (Mobile Virtual Network Operator) reseller. The system comprises a comprehensive telecom back office integration network, including all operations functions such as customer activation, carrier procurement, fulfillment, telecom billing system and rating, MIS reporting, customer service and soon data all integrated into one ubiquitous operating platform. telSPACE effectively uses the Internet to automate the complex customer acquisition process, thereby allowing its clients to instantly penetrate new markets or expand service offerings.

"Tech Mahindra is glad to partner with telSPACE, a leading enabler that focuses on the growing MVNO phenomenon. With telSPACE's focus on the hosted MVNE business, and TechM's expertise in delivering innovative cost effective data solutions, the combined synergy will enable both telSPACE and TechM to significantly increase their market share in the lucrative national and international MVNO market place," said C P Gurnani, President, International Operations, Tech Mahindra.

Ryan Reed, CTO for telSPACE added, "We have spent a great deal of time on the technology side of this major strategy initiative. We already have 4 patents pending so that we can guarantee that our MVNO clients have a major competitive advantage. We believe the future is all about content driven media and specialty applications driven through the cellular carrier's high speed data technology. We are the pioneers that will pave the way for functionality no one thinks is even possible right now. We will make it happen and in the process significantly better people's lives."

About telSPACE

Based in Redmond, Washington, telSPACE enables its MVNO clients using its proprietary turnkey back office infrastructure to sell, provision, fulfill, and care for multiple telecom billing services, including Pre and Post Paid Cellular, Internet, and Long Distance. In development for over 8 years, the company has used feedback from its 27 MVNO clients to refine its product and create a platform that provides core MVNO functionality that rivals any in the industry. For more information go to http://www.telSPACE.com.

About Tech Mahindra

Founded in 1986, Tech Mahindra is a leading Indian provider of solutions and services to the telecommunications industry. Promoted by Mahindra & Mahindra and BT Plc. With consolidated revenues of Rs. 12,427 million in the year ended March 31, 2006, Tech Mahindra is India's 8th largest software exporter (NASSCOM 2005), and serves telecom service providers, equipment manufacturers, software vendors and systems integrators.

Tech Mahindra solutions enable clients to maximize returns on IT investment by achieving fast time to market, reduced total cost of ownership and high customer satisfaction. Tech Mahindra achieves this through its domain and process expertise, distinctive IT skills, research and development, proven innovative delivery models and approach to off shoring.

Tech Mahindra is an active member of various international forums focused on the Telecom industry. We believe that our competence and expertise in the telecommunications industry, combined with our "thought leadership" initiatives such as our active involvement in industry forums including the Telemanagement Forum and the OSS through Java Initiative, contributes to the domain knowledge that we bring to bear when addressing our clients' needs.

Assessed at SEI-CMMi Level 5 and PCMM Level 5, Tech Mahindra's track record for value-delivery is supported by over 10,000 professionals who provide a blend of culture, domain expertise and in-depth technology skill-sets. Its development centers are ISO 9001:2000 & BS 7799 certified. Tech Mahindra has principal offices in the India, Europe, North America, the ANZ region, and Asia Pacific - including development facilities in India and the UK.

For more information, contact:

Bibek Chattopadhayay

Tech Mahindra

+91 9820150538

http://www.techmahindra.com

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Kati Cole
telSPACE
425-284-1780
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