Azure Solutions, the revenue-assurance company, today announced that its Certo 2 revenue-assurance platform has been selected by TeleStrategies, publisher of Billing World & OSS Today magazine, as a finalist in the Best New Product category for its Sixth Annual Excellence Awards. Certo 2 allows carriers to monitor and correct revenue-leakage problems in real time through advanced process automation. It provides end-to-end visibility and control of the entire revenue lifecycle faster, more cost-effectively and with greater accuracy and fewer resources than any other solution in the marketplace.

Editors from Billing World & OSS Today selected the finalists in six categories after a period of open nominations. One winner per category will be selected and announced at the Billing & OSS World 2006 Excellence Awards reception on Wednesday, May 3 at the Billing & OSS World 2006 Conference & Exhibition in Miami.

“Having Certo 2 recognized by the editors of Billing World & OSS Today as one of the best new products of the year falls in line with the incredible response we’ve seen from operators around the globe,” said John Cronin, Azure’s president and CEO. “Due to the outstanding work of our development and business teams, Certo 2 sets a new standard for automated revenue assurance as the technology matures into a vital, mainstream component of any world-class telecommunications OSS program.”

With Certo 2, carriers have the ability to deploy, manage and grow automated revenue-assurance programs through a common, scalable software architecture that is easy to modify and hardware- and database-independent. It provides the performance, flexibility and breadth of functionality needed to restore data integrity and reduce revenue losses for wireline, wireless, data and cable operators. It enables customers not only to detect revenue loss, but also help with the investigation, diagnosis and recovery of potential lost revenues.

About Billing World and OSS Today
Published 12 times a year, Billing World & OSS Today is the most widely read magazine by the back-office software decision makers in the telecommunications industry. Each issue contains well-researched and thought-provoking features in the areas of billing, OSS, systems integration, cost management, and CRM. Billing World & OSS Today covers strategies for fine-tuning existing back-office operations and includes features on revenue assurance, CABS billing, interconnect, taxation and optimizing legacy infrastructure help save service providers millions of dollars each year. For more information, visit www.billingworld.com

About Azure Solutions (www.azuresolutions.com)
Azure Solutions is the world’s largest revenue-assurance company. It is headquartered in London, with people in Westminster (Colorado), Ipswich, Paris, Frankfurt, Madrid, Barcelona, Islamabad, Kuala Lumpur, Jakarta, Singapore, Sydney, Melbourne and Mexico City. Azure’s end-to-end revenue-assurance product portfolio for current-generation networks includes Data Integrity, Wholesale and Interconnect Billing, International Settlements, Fraud Management, Mediation Management, Translation and Rating, Event Integrity and Route Optimization. Over the last 12 months Azure has launched Azure Inter-Party Management, Azure Fraud Control System and Azure Certo 2 as the first products in its next-generation portfolio. Azure provides individual products or complete revenue-assurance solutions using a common platform and any combination of products that a customer might need. Customers can choose a system that they own and operate themselves or a bureau that Azure manages on their behalf. Azure has 80 customers in 32 countries comprising PTTs, mobile operators, national operators, carrier’s carrier and cable TV companies. Azure has significant carrier experience and understands the problems faced by all these operators.

The company’s heritage can be traced back to BT in the early 1990s. Azure was spun out of BT in April 2003 and is backed by New Venture Partners, Doughty Hanson Technology Ventures and Intel Capital. Azure won the ‘Best Revenue-Assurance Project’ award at the World Billing Awards 2005 in London, and ‘Most Promising Company’ at the TeleStrategies Billing & OSS World Excellence Awards 2005 in Philadelphia.