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cVidya Networks and Highdeal Announce Partnership Deal

11:35 am   -   February 19th, 2007

Highdeal, a leading provider of pricing and rating solutions, and cVidya Networks, the global leader and innovative provider of Telecom Revenue Assurance and Data Integrity products, have announced a strategic partnership. Highdeal’s technology will be incorporated into the cVidya Networks MoneyMap® Revenue Assurance solution to enhance its overall performance and versatility. This strategic partnership expands the market opportunities for both Highdeal and cVidya Networks and has already been deployed by leading European communications provider Swisscom Mobile.

The cVidya Networks MoneyMap solution provides a unified platform for all types of networks, OSS and BSS, implementing Process Aware Revenue Assurance solutions, Data Integrity, Risk Management and Rating & Billing Verification within legacy and new service environments. Highdeal’s robust and highly intuitive technology will enable cVidya to accelerate the time to market for deploying new Revenue Assurance solutions.

cVidya Networks first initiated its Rating and Billing Verification project in September 2006, reaching completion in just three months and implementation was in full operation by January 2007.

“Choosing Highdeal as a technology partner has enabled us to work with highly skilled experts and advanced technology. This has allowed us to launch and successfully implement solutions within a very short timeframe,” commented Alon Aginsky, CEO and co-founder of cVidya Networks. “We are especially pleased to see this achievement at Swisscom Mobile, a provider that already maintains an advanced and capable revenue assurance team.”

“Highdeal is extremely pleased to be partnering with cVidya Networks and to be integrated in the industry’s leading Revenue Assurance solution. cVidya Networks is a world-class leader in the fast growing and emerging market of billing verification and we look forward to building our relationship with cVidya Networks in the future,” said Eric Pillevesse, Co founder and CEO of Highdeal.

About cVidya
cVidya Networks is a global leader and innovative provider of Telecom Revenue Assurance and Data Integrity products.

cVidya’s suite of comprehensive Revenue Assurance solutions assists fixed, mobile, and triple-play communication service providers (CSPs) to continuously improve their bottom line results.

cVidya’s innovative and flexible product, MoneyMap®, provides a unified platform for implementing Process Aware Revenue Assurance solutions, Data Integrity, Risk Management and Rating & Billing Verification within legacy and new service environments, over all types of networks, OSS and BSS.

MoneyMap®’s solutions and cVidya’s highly skilled professional services teams have a proven track record of achieving rapid ROI with major operators, including Cable & Wireless, Telecom Italia, Colt and Bezeq.

cVidya has offices in EMEA, APAC and South America. cVidya received the Red Herring 100 Europe Award for 2006

For more information visit www.cvidya.com

About Highdeal
Highdeal is the world’s leading provider of Pricing & Rating solutions. By delivering unconstrained pricing and packaging flexibility coupled with real-time transaction management, Highdeal solves the billing problem in the multiservice world. The Yankee Group recently named Highdeal the fastest growing billing and rating vendor defined in terms of announced customers. With over 170 implementations in more than 50 countries, broadband, mobile and on-demand service providers around the world rely on Highdeal. For more information, visit www.highdeal.com.




 





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