Fraud Management for 2G, 2.5G and 3G

Subex Systems, the Bangalore, India-based Telecom Software Products company announced today that it has won an order from Connex, the Romanian GSM leading operator, to deploy its flagship Fraud Management System (FMS), Ranger™. Ranger™ helps operators to curb fraud through the use of innovative subscriber profiling techniques and advanced analytical capabilities. Ranger™ is also capable of addressing fraud in emerging areas like GPRS and 3G technologies. Ranger™ FMS is part of Subex’s revenue maximization suite of products and services, RevMax™. The contract is valued at about One Million US Dollars.

Connex is the trademark of Mobifon, the company that launched the first GSM network in Romania, in 1997. Connex leads the mobile communications market in Romania with over 2.6 million GSM customers.

Commenting on the contract, Mr. Subash Menon, President and CEO, Subex Systems said, "Ranger™ has enjoyed continued success in the global market and the Connex order further establishes Subex as one of the most significant players in the revenue maximization space". Subex’s global clientele includes AmericaTel, Global Crossing, Sprint and Teleglobe in North America; Sonatel Mobiles, Sonatel Wireline, Cora, Ikatel and Econet Wireless in Africa; Cyprus Telecommunications Authority (CYTA) in Cyprus; Bharti Mobiles, BPL Mobile, Escotel, Hutch, Idea Cellular, RPG Cellular, DTAC Thailand and MTN Sri Lanka in Asia Pacific, among others.

On choosing Subex’s Ranger™ FMS, Mobifon’s Chief Technology Office & VP – Network & Systems Mr. Vishant Vora said, “We are looking forward to deploying a state of the art Fraud Management System that will help us with meeting our company objectives. We are particularly impressed with the Subex’s ability to satisfy the Fraud management needs for 2G, 2.5G and 3G networks”.

Global telecom studies have revealed that telecom operators lose as much as 10% through revenue leakage and about 40% in terms of churn leading to substantial loss of revenue and profits and additional cost of acquisition and retention of subscribers. RevMax™ helps operators tackle these challenges along with issues like poorly designed products and services, order entry errors, network errors that prevent creation of billing records, incomplete bills, inter-carrier billing issues among others. The RevMax™ suite maximizes revenue and profits through assuring earned revenue, enhancement of revenue and cost optimization. The suite addresses vital areas like Fraud management, Billing assurance, Inter-carrier billing verification, among others. The RevMax™ suite also includes the billing verification system, INcharge™.

About Subex Systems Limited

Subex Systems Ltd., belonging to the Subex Group, focuses on development and marketing of software products and services for telecom applications. Subex operates through its branch offices in India, US, Canada, Cyprus and South Africa.

The company had acquired IVth Generation, Inc., US in January 2000 and has converted the same into a wholly owned subsidiary. The subsidiary, re-named as Subex Technologies, Inc. operates out of New Jersey, US. Subex acquired the product range of Canada-based Magardi, Inc. in May 2001 and the acquired products have been integrated to the existing product line of Subex. The products and services of Subex are marketed globally, with a particular focus on the US and certain developing countries. Subex focuses in the Revenue maximization arena within the telecom domain with its RevMax™ suite of products.

Subex pioneered the concept of fraud management in the country, through the development and marketing of Ranger™. Ranger™ assists the operators detect fraud in the network at an early stage thus limiting the revenue loss that may be suffered by the operator due to fraud and non-payment. The RevMax™ suite also includes INcharge™, a subscriber-level and inter-carrier billing verification system that helps carriers measure their network traffic accurately and recover revenues owed by other carriers.

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Ranger™ is also capable of addressing fraud in emerging areas like GPRS and 3G technologies. Ranger™ FMS is part of Subex’s revenue maximization suite of products and services, RevMax™. The contract is valued at about One Million US Dollars.

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