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Highdeal Transactive Implemented by Meetic, the European Leader in Online Dating

1:13 pm   -   February 9th, 2009

Highdeal announced that Meetic implemented Highdeal Transactive®. Meetic will use Transactive to price, rate, and charge Meetic fees and special promotions in real-time.

Using the same solution that delivers proven flexibility to leading businesses in industries from telecommunications to financial services, Highdeal will soon be assisting Meetic to run its innovative business model, allowing singles to meet and chat with other singles online. With over 42 million registered profiles in 15 European countries and Brazil and traded on the European Stock Exchange, Meetic is a rapidly growing enterprise that needed a fee pricing & billing solution that could handle their complex business models. Meetic required a scalable solution that could handle business challenges, such as prepaid accounts, prorated pricing, recurring short-term and long-term contracts, countless promotions and testing of prelaunch profitability, and pricing rules that can vary depending on geography and user profile. Seeing a similarity with telecom industry business models, Meetic chose Highdeal to replace their in-house billing system based on the proven Highdeal track record within this industry and the agility and customer awareness displayed by the Highdeal team.

“In Highdeal we found a solution that will accelerate our ability to rapidly implement new pricing models in a very competitive market and that ensures our revenue by managing the increasing complexity of all the current and past models that are still applicable to our active customers,” according to Olivier Siegwart, Chief Information Officer of Meetic.

“We are very pleased to been selected by Meetic, Europe ’s leading online dating provider. This contract is a proud win for Highdeal. It marks our first customer in this market and is a great example of how Highdeal software solutions can manage rapidly changing business models and deliver real-time revenue management,” said Eric Lavenir, EVP Sales EMEA at Highdeal.

About MEETIC

MEETIC manages two online dating and matchmaking services, mainly around the meetic and Meetic Affinity brands and markets two highly complementary economic models on the dating market, one based on internet use, the other on mobile phones. MEETIC is established in 15 European countries, as well as in Latin America, and is available in 12 languages. From inception, the group has pursued a clear leadership strategy focusing on quality, innovative marketing and perfect technological expertise. MEETIC works hard to optimize service quality and to satisfy every possible expectation of its European subscribers. In 2007, MEETIC posted sales of €113.8 million (as of today, USD $148.3 million) and net profit of €14.2 million (as of today, USD $18.5 million).

For more information, please visit their website: http://www.meetic-corp.com

About Highdeal

Highdeal is the world’s leading provider of service Pricing & Rating solutions. They provide the necessary agility to ensure the profitability of fast-evolving business models with both customers and partners. Highdeal Transactive® is a modular software solution that monetizes business transactions in real-time. Companies rely on Highdeal to solve their billing problems in service industries such as telecommunications, media and entertainment, technology, transportation and logistics, and financial services.

For more information, visit www.highdeal.com

Websites: http://www.meetic-corp.com
http://www.highdeal.com

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