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Portal Appoints Bruce Grainger as Vice President of Sales for the Americas

10:36 pm   -   March 14th, 2006

Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, announced today it has appointed Bruce Grainger as vice president of sales for the Americas. Grainger has headed Portal’s sales activities in the Caribbean and Latin America (CALA) since 2001 and will now also assume responsibility for sales in the United States and Canada.

“Bruce is an exceptional sales executive, and I am confident that he will provide the leadership and execution needed to accelerate sales growth in North America,” said Bhaskar Gorti, Portal’s senior vice president of worldwide sales, services, marketing & alliances. “His success in the CALA market is a true testament to his knowledge of the marketplace and his ability to lead a highly successful sales force.”

During Grainger’s tenure with Portal, he has delivered excellent results in the CALA market. As vice president of CALA, he led the sales team that increased Portal’s sales in the region by over 300%. Grainger helped pioneer relationships with over 20 new provider accounts, including Telefonica in Mexico and Argentina, Cablevision Mexico, Colombia Movile, and Telecom Argentina, as well as many start-up providers, effectively positioning Portal as the leading provider of Revenue Management solutions in the CALA market. Grainger is an industry veteran with more than 15 years of experience, having led sales organizations in North America, Asia, and Europe, in addition to Latin America.

“North America represents a tremendous market opportunity for Portal,” said Grainger. “The Portal 7 platform with its real-time heritage enables service providers to capitalize on the emergence of triple-play and quad-play quickly and cost-effectively.”




 





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