FTS (LSE: FTS), a global provider of Business Control, Billing and CRM solutions for communications service providers, has announced that Euroset, a major Russian communication service provider and retailer, has selected FTS’ Leap Billing real-time billing and customer care solution for its MVNO, Broadband and fixed-line telephony services. The contract will provide Euroset with a real-time rating, billing, customer care and business management tool designed for quick service introductions in multi-service environments.

Euroset is Russia’s largest mobile phone retailer with 4,490 outlets and is a well-regarded Russian business success story. The company is currently in the testing phase for its triple-play operation and is planning to deliver a complete offering of mobile services, broadband internet and fixed telephony to Russia’s 143 million consumers. The provider is also planning to start operating as an MVNO in the Baltic states in the near future.

The Leap Billing solution is powered by FTS’ Leap Business Control and Charging Foundation (Leap BCCF), an advanced business rule and rating engine offering a service-aware business perspective that enables providers to focus on subscribers’ retention and satisfaction by making billing more of a customer-centric and interactive process. Leap BCCF connects to any network, captures online and off-line events generated by the network, the subscribers and the system itself in real-time, and responds to them with required actions, using business policies.

“Euroset’s strategy is to become the CIS’s most efficient MVNO. FTS is allowing us to achieve our operational objectives through the rapid deployment of Leap Billing, a fully integrated solution which consists of an “end-to-end” suite of real-time billing for voice/SMS/data services, and a variety of value added services,” said Bondarenko Eugeny, Euroset’s Vice President of Technological Development. “We believe that the solution provided by FTS best meets our business and technical expectations and is indeed one of most flexible, robust and cost effective solutions available in the market.”

“This significant contract demonstrates our commitment to the Russian market as well as Leap Billing’s unmatched ability to support any type of service provider, whether MVNO, wireless, wireline, internet, cable or content,” said Norman Tutnauer, FTS’ Vice President of Worldwide Sales. “Leap Billing can address all the needs of growing and successful providers, such as Euroset, and support them with high performance as they continue to expand.”

About FTS
FTS (LSE: FTS) is a provider of Business Control, Billing and CRM solutions for Communications Service Providers. FTS pioneered the Business Control Layer market and is the leading player in the space. By analyzing events from a business standpoint rather than just billing them, FTS allows Providers to better understand their customer base and leverage business value from every event and interaction. FTS deploys its full range of end-to-end, stand-alone and add-on solutions to customers in over 40 countries and has implemented solutions in wireless, wireline, cable, content and broadband markets including multiple cross-network installations. Serving the evolving needs of both traditional and next generation service providers, the company’s operations comprise four international R&D locations and strategically-located sales support offices worldwide.

In January 2006, FTS was ranked as the 54th fastest growing technology company on the 2005 Deloitte Technology Fast-500 EMEA.

For more information please visit http://www.fts-soft.com/.

About Euroset
Euroset is the largest mobile handset retailer in Russia and one of Russia’s leading dealers for major mobile network operators. The main business activity of the Euroset Group is the retail sale of mobile handsets, digital cameras, CD and MP3 players and DECT-phones, mobile handset accessories and subscriptions to mobile network operators. Currently, there are 4,490 Euroset retail outlets in Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan and Kyrgyzia. Euroset’s next goal is to further develop its business in all republics of the Commonwealth of Independent States (”CIS”) and the Baltic States. Euroset aims to diversify its business while at the same time expanding the product portfolio in its current retail business. New businesses which Euroset intends to develop include MVNO and logistics services. For more information, visit Euroset at http://www.euroset.com/.