The joint application of Magyar Telekom’s T-Com business line and Allround has been short-listed as Finalist for the World Billing Awards 2006 in the Best Revenue Assurance/Management Project category. The common project is an excellent example of proven billing accuracy, targeting efficient revenue assurance and legal compliance at the same time. The winners will be announced at the Billing and Information Management Systems 2006 Gala Dinner in London, on 8th June 2006.

László Harsányi, Director at Billing and CRM Directorate of T-Com stated: “it is our pleasure that the successful project with Allround was short-listed as finalist for the prestigious World Billing Awards. This nomination acknowledges the innovative ideas and the strong co-operation between the two companies to customize and implement this new methodology.“

The methodology behind this revenue assurance project was stability testing – time-based regression testing – which is a focused, efficient and cost-effective method to ensure that the tested system preserves its quality level over time. The backbone of this methodology is Allround’s flagship product – CeDaR. CeDaR introduces high-level of automation and the improvement of testing efficiency and meets the highest quality standards as the world’s first billing system testing solution attested by the British Approvals Board for Telecommunications (BABT).

László Kiss, CEO of Allround added “we are proud that both the product and the delivery met Magyar Telekom’s expectations and won international recognition for the joint project”.

About the World Billing Awards
This nomination for Best Revenue Assurance / Management Project honours effectiveness of a proactive or reactive project to enhance data quality and business processes that improves profits, revenues and/or cash flows. Besides Magyar Telekom & Allround 6 other projects have been selected for the final. The World Billing Awards help raise awareness of the significance of billing and information management processes to the communications industry, identifying key trends and rewarding billing best practice. They are widely regarded as the highest industry recognition of billing excellence. Launched in 1997, this will be the 10th year that these important awards will be presented.

About Magyar Telekom
Magyar Telekom (www.magyartelekom.hu) is the principal provider of telecom services in Hungary. It provides a broad range of services including telephony, data transmission, value-added services, and through its lines of business is Hungary’s largest wireline operator and mobile carrier and leading internet service provider. Magyar Telekom also holds a majority stake in MakTel, the largest telecom operator of Macedonia and in Telekom Montenegro, Montenegro’s largest telecom operator. The basis of Magyar Telekom Group’s operation is a holding-type management system. The business activities are managed by the Magyar Telekom’s lines of business:
· Wireline Services – under T-Com brand
· Mobile Services – under T-Mobile brand
· Business Services – under T-Systems brand
Magyar Telekom has an ISO 9001:2000 Quality Certificate on Group level from 2002.

About Allround
ALLROUND puts telecom operators in control with applications for Billing System Testing, CDR Handling and Analysis, TAP Conversion, Roaming Management, Fraud Detection, and Revenue Management. The cornerstone to Allround’s applications is advanced technology and know-how in the area of CDR and TAP handling – editing, filtering, comparison, compilation, analysis and fixing. ALLROUND is an ISO 9001:2000 certified, profitable, private European company with a global customer base. The company is an Associate Member of GSM Association since April 2002. British Approval Board for Telecommunications (BABT) has awarded CeDaR the first BABT Certificate of Attestation against its Code of Practice for the design and supply of communication support system. At the Hungarian Innovation Award 2005 Allround was granted a certificate for achieving significant revenue from development and sales of innovative products.