MaxBill, a market leader in providing comprehensive, financial customer management and billing solutions, and Telekom Austria AG (VSE: TKA; NYSE: TKA), Austria’s largest telecommunications provider, has announced the successful deployment of MaxBill’s Product Catalog project at Telekom Austria. MaxBill’s Product Catalog provides Telekom Austria with greater operational independence in the further development of voice and data services.

MaxCatalog, MaxBill’s convergent Product Catalog system, synchronizes and integrates product information across all BSS/OSS applications, such as billing, rating, order management and provisioning. By eliminating the need to maintain separate product catalogs for varied services in numerous systems, MaxCatalog enables users to optimize and scale the product management process.

With full control of multiple aspects of service and product offerings, MaxCatalog provides increased service assurance, reduced overhead of multiple product management, cost savings for installation, maintenance and training, increased customer satisfaction and an improved customer experience.

As the core element of Telekom Austria’s product offering, MaxBill’s Product Catalog enables centralized management of all the extensive interdependencies of Telekom Austria’s existing product base.

“Our Product Catalog is designed to meet Telekom Austria’s standards of operational excellence and accommodate its move towards a more autonomous project approach, by integrating product information from disparate structures into a centralized, standalone repository,” said Hadar Himmelman, CEO of MaxBill. “The deployment of MaxBill’s Product Catalog in Telekom Austria’s complex IT landscape ensures sophisticated customer service, huge inventory savings and reduced operational costs, as well as a strengthened and stabilized business methodology.”

“Telekom Austria began reaping the benefits of MaxBill’s Product Catalog as early as its initial launch,” said Franz Fertl, Head of Applications Development at Telekom Austria. “From the start, we realized MaxCatalog’s ability to reduce errors, and ensure fast time to market and operational savings. With MaxCatalog serving as a convergent repository for voice and data services, Telekom Austria is able to manage numerous products simultaneously and support rapid product deployment.”

About Telekom Austria
Telekom Austria is Austria’s leading provider of telecommunications services. It was listed on the Vienna and New York stock exchanges in November 2000. The Group has two main business areas: the wireline segment encompasses fixed line telephony, data and Internet, and the wireless segment covers mobile communications. Telekom Austria has international operations in the Czech Republic, Croatia, Slovenia and Liechtenstein.

For more information, visit the Telekom Austria web site at www.telekom.at.

About MaxBill
MaxBill provides high quality, complete, cost-effective financial solutions, for service providers worldwide. MaxBill’s unique modular solution and convergent, carrier-grade platform support the evolving business needs of traditional (wireline, wireless, utilities) and next-generation (3G, PLC and IP) service providers. MaxBill’s Universal Consolidating Platform (UCP) combines a powerful and scalable next-generation billing engine, service-enabling platform and customer-centric CRM powered by universal workflows, ensuring rapid deployment.

Visit MaxBill’s web site at www.maxbill.com for updated product and company information.