OTEGLOBE OPTIMIZES ITS WHOLESALE INTERCONNECT BUSINESS WITH TELARIX'S IXTOOLS

VIENNA, Va.— May 30, 2007— Telarix, Inc. the leading provider of Interconnect Business Optimization (IBO) and settlement solutions for content providers, IP service providers and global fixed and mobile operators, announced today that OTEGlobe, the wholly owned subsidiary of OTE S.A. (NYSE: OTE) and the largest telecommunications provider in Greece, is deploying its iXTools suite to improve the processes within its carrier operations and enhance its wholesale business. Telarix has partnered with local system integrator Marlexsoft to ensure complete support and integration capabilities to OTEGlobe.

Telarix’s iXTools is a powerful suite of partner management, routing optimization, trading and revenue assurance modules that enables OTEGlobe to reduce costs and increase profitability across its interconnect networks. By delivering real-time decision intelligence, OTEGlobe will have a holistic view of its entire interconnection operation and the analysis tools that will contribute to enhancing the quality of services provided to its customers. The project will be delivered in a phased approach with three main stages: CDR processing and financial reporting; least cost routing and bilateral agreements management; and the integration with the billing system.

“In OTEGlobe, we align all our efforts and resources to continuously enhancing the quality of services provided to our customers”, said Giorgos Athanasopoulos, OTEGlobe’s Executive Director of Operational Support. “By deploying Telarix’s iXTools suite, OTEGlobe verifies this commitment while it holds a solution that not only increases our operational efficiencies but also supports the future voice, data and multi-media services associated with Next Generation Networks that our customers require. By partnering with Telarix, OTEGlobe now has the future-proof interconnect business optimization solution that will contribute significantly to our long-term success."

Telarix has partnered with Marlexsoft, a local system integrator with comprehensive support and integration capabilities for telecom service providers. “We are excited to work with OTEGlobe and Telarix on this important project. Marlexsoft’s experience in integrating complex OSS/BSS Systems in the telecommunications industry, along with Marlexsoft’s unique local business know-how, will provide the right mix of the necessary capabilities to guarantee a smooth and robust iXTools implementation at OTEGlobe”, said Andreas Economou, CEO Marlexsoft.

“Sophisticated service providers like OTEGlobe require next generation interconnect business optimization and settlement solutions which deliver reduced operational costs while expanding revenue opportunities,” said Don Lynch, CEO of Telarix. “With the industry's only comprehensive interconnect solution architected for both TDM as well as IP centric networks, iXTools delivers the unmatched performance, scalability, and functionality OTEGlobe requires to succeed, now and in the future.”

About Telarix
Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) and settlement software solutions, providing telecommunications companies with the ability to easily manage costs and drive profitability on their interconnect networks. Telarix's innovative platform, iXTools, helps service providers leverage operational intelligence to enable real-time business decisions which improve interconnect operational efficiency and margins. The company's comprehensive IBO solution allows carriers to proactively manage voice and data traffic almost as quickly as it moves across their global networks. Telarix customers include global Tier-1 carriers such as BellSouth, Embratel, Global Crossing, Golden Telecom, GPTC, KDDI, Deutsche Telekom, Portugal Telecom, Sprint, Telecom Italia Sparkle, Telefónica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna, Va.
The Yankee Group named Telarix as one of the only interconnect solutions providers to address the four critical value areas for service providers: Route Optimization; Pricing and Margin Management; Billing; and Verification, Audit and Reconciliation. Please visit www.telarix.com

CONTACT:
Steve Chase
Telarix, Inc
703-564-9757
schase@telarix.com

This release was published on openPR.