Logisense Expands Customer Footprint and Headcount; Introduces Multiple Advancements to V 8.3 of EngageIP Billing & OSS Platform

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Company Addresses Service Provider Needs in Evolving IP Marketplace; Anticipates Continued Success in 2011

2010 was a significant year for our evolution as we hit several specific corporate and technological milestones

LogiSense (http://www.logisense.com), a leading provider of IP billing and OSS solutions, today reported several milestone achievements for 2010, including a 25% increase in headcount and several new customers across Asia, Europe and North America. In addition, the company forecasts strong and continued growth for 2011.

Converged Internet Protocol (IP) service providers such as PCCW, PBX-Change, InfoSat, Esco Technologies and InetLink are some of the companies that have recently migrated to the LogiSense EngageIP billing and OSS platform. Combining these organizations to its roster means that LogiSense is now responsible for processing millions of data records daily.

“2010 was a significant year for our evolution as we hit several specific corporate and technological milestones,” said LogiSense Founder and President, Flavio Gomes. “We are very excited about the results of recent investments in the technology behind our solutions. It has attracted many new growing and profitable businesses that are looking to rapidly enable next generation broadband services. Further, and perhaps most important, is that we have stayed true to our core strategy of providing customers with advanced technology and exceptional service. We always believed that this would deliver quantitative returns on that plan, our team is very proud of our efforts.”

EngageIP possesses features and functionality that address multiple touch points of IP service delivery. The software provides the power and flexibility to accurately manage customers all related invoicing and operational procedures. Advancements to version 8.3 of the flagship platform include many new and timely updates that address the specific needs of operators providing wireless, wireline, hosted IP and various other forms of IP-based services.

Engage IP V 8.3 new features & functionality

  •     Enhanced rating engine
  •     Streamlined BroadSoft integration: raw BroadSoft records are now ported directly into Core EngageIP for immediate, powerful processing
  •     Rating can be distributed across multiple servers and processors, thereby facilitating widespread scalability
  •     The enhanced ability to create feeds for every source of records (usage, voice, wireless, etc.) within an organization
  •     Significantly improved real-time rating throughput

In terms of the company’s growth in 2011, Mr. Gomes added, “LogiSense is poised to increase its position as a premier billing and OSS solutions provider. Within the growing hosted voice-over-IP marketplace, integrated billing, rating and taxing represent a very unique opportunity for vendors such as LogiSense that possess diverse expertise. We anticipate a robust year for top-line revenue growth as we have recently acquired several new customers in the telephony, entertainment and subscriber management sectors.

“As the IP landscape continues to evolve and disrupt traditional communications markets, LogiSense will continue to play an increasingly important role in shaping it.”

LogiSense will announce several new customer wins within the next 90 days.

LogiSense Corporation is a global provider of IP management software for operators competing in the converged IP services market. The EngageIP products address specific network usage administration requirements including billing, cost allocation, customer care, traffic management, telecom rating and IP services delivery.

For more information about LogiSense, visit http://www.logisense.com.


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