TTI Team Telecom International Ltd. (NASDAQ: TTIL), (â€œTTI Telecomâ€™), a global supplier of Operations Support Systems (OSS) to communications service providers, has announced that it has been awarded a follow-on order for an upgrade to its previously-deployed TTI Telecom Fault Management solution (FaM) and 2007 maintenance contract totaling $1.5 million from a tier-1, North American wireless service provider.
The service providerâ€™s decision to upgrade its FaM deployment was driven by growth in its network resulting from the addition of next generation network technologies. The FaM upgrade provides the capability to manage legacy and next generation networks through one system, delivering increased productivity through automatic problem correction, accelerated problem resolution and ultimately, increased network uptime and availability.
â€œOur solutions remain competitive in the North America marketplace and continue to be adopted by tier-1 service providers there despite its weak market for OSS ,â€ stated Meir Lipshes, chairman and CEO. â€œAs the convergence of networks leads to convergence of OSS , and is further expanded with addition of newer communication technologies, OSS solutions like ours that deliver inherent scalability and OPEX savings across multi-domain network environments have a competitive advantage in the marketplace. This follow-on order highlights a global trend, on which we believe our solutions are well-positioned to capitalize.â€
TTI Telecomâ€™s fault management solution provides multi-domain wireless and wireline alarm surveillance and management capabilities by enabling service providers to manage the entire problem resolution cycle (alarm detection, root-cause analysis, service impact analysis, and problem resolution). It allows service providers to gain significant benefits via OPEX reduction, increase in efficiency and productivity, increase in network uptime and availability, and real time view and management control over the network.
About TTI Telecom
TTI Team Telecom International Ltd. offers advanced, modular and integrated software products and services for Operations Support Systems (OSS) to communications service providers. TTI Telecom is uniquely positioned to bridge legacy and next-generation, convergent network and service infrastructures with its Netrac-based service assurance, fulfillment and revenue assurance solutions. With Netrac, service providers can reduce operating costs, enhance profitability and launch new, revenue-generating services more rapidly. Over 70 service providers worldwide have deployed TTI Telecom’s solutions, supported by offices globally. For additional information, please visit