Telesoft Revenues Up 18% for the First Half of 2012

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Domestic and International Fixed and Mobile TEM Deals Lead to Increased Growth

TEM Services and Software

Telesoft Revenues Up 18%

Time and time again we hear that our clients choose to continue their relationship with us not only because of the value of the solution we provide, but also the added benefit of our experience within the TEM industry.

Telesoft, trusted experts in fixed and mobile Telecom Expense Management (TEM) software and services, have announced that they have experienced significant revenue growth in the first half of 2012 as compared to the same time period in 2011. Revenues are up 18% for the first half of this year and net income is up substantially due to adding customers of both domestic and international stature. Telesoft is forecasting the growth to remain consistent through the remainder of the year.

“We are excited about growth over the first half of this year, and are looking forward to long-standing relationships with those who have chosen to partner with Telesoft for their telecom expense management needs,” says Thierry Zerbib, Chief Executive Officer and Co-Founder of Telesoft. “We’ve made significant investments in our sales and marketing activities to promote our telecom expense management solutions, but more importantly we’ve made an equal investment in continuing to improve our solution and services offering. We look to continue this momentum throughout the rest of 2012 and on into the future.”

In the first half of 2012, Telesoft added a number of clients to their portfolio ranging from $30 million to more than $500 million in annual telecom expenditures. These clients come from a number of different verticals that include technology, manufacturing and government, and continue to solidify Telesoft’s place in the industry – an industry where they have successfully provided fixed and mobile TEM solutions for more than 30 years.

“The service we provide to our clients is highly ranked in the industry, and includes quarterly face-to-face strategy meetings with key Telesoft stakeholders and an annual user conference we hold for our clients,” Zerbib added. “Time and time again we hear that our clients choose to continue their relationship with us not only because of the value of the solution we provide, but also the added benefit of our experience within the TEM industry. Our growth and stability speaks to that value.”

About Telesoft
Trusted experts in Telecom Expense Management (TEM) software and services for over 30 years, Telesoft reduces fixed and mobile telecom spend to improve an organization's bottom-line. Telesoft automates the telecom expense management lifecycle - from management of telecom invoices, usage, and cost allocation, through provisioning and inventory - to lower telecom expenses and improve efficiencies. Offered as hosted, licensed, or outsourced solutions, Telesoft provides an integrated management platform for centralized inventory, common data sharing, and unified reporting. Telesoft solutions are used by hundreds of commercial and government organizations, including the largest and most complex telecom environments in the world.

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Robert Stratton
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