Release date: 2006-06-07
 

Azure Wins Fraud-detection Contract with Astelit
 

(Newswire Today) —  London, United Kingdom, 2006-06-07 - Azure Solutions, the revenue-assurance company, today announced that Ukrainian mobile operator Astelit is deploying Azure Fraud Control System version 3.5 (AFCS v3.5) to increase the efficiency and effectiveness of its anti-fraud system.

   
 

As a rapidly growing digital communications technology and service provider, Astelit needed a cost-effective and forward-looking way of detecting and preventing fraud. Azure's flexible and scalable solution will help Astelit easily configure, control and define fraud detection rules, and leverages comprehensive case management workflow and report generation to make its fraud-detection teams even more efficient. AFCS v3.5 will fully integrate with new data that is added to the system, and help to detect fraud as new products are introduced.

Launched in March 2006, AFCS v3.5 is the latest version of Azure's fraud-detection system and bureau service, developed to help combat the annual $37.9 billion problem of telecoms fraud worldwide. AFCS v3.5 uses intelligent and unique detection technology, and accepts multiple data feeds to allow all types of product or service to be monitored (fixed, mobile, interconnect, IP etc.).

Oguz Memiguven, chief technical officer at Astelit said: "Astelit is always moving forward, aiming to deliver the best technology and service. It was really important for us to find a solution that could both integrate with existing legacy systems, and new data or capabilities as they are introduced. Azure offered this in a package that could be easily configured to suit our needs, meaning that we can now run a stronger and more efficient fraud-detection team."

Norbert Holst, sales director, Central and Eastern Europe at Azure Solutions said: "Working with Astelit gives Azure a great opportunity to expand its presence in Eastern Europe, and we are delighted to be working with a such a professional team."

Azure recently announced that it is to merge with Subex Systems to create Subex Azure Limited, the world's largest vendor in the telecoms revenue maximisation market. The merger is due to be completed in June 2006.

About Azure Solutions
Azure Solutions is the world's largest revenue-assurance company. It is headquartered in London, with people in Westminster (Colorado), Ipswich, Paris, Frankfurt, Madrid, Barcelona, Islamabad, Kuala Lumpur, Jakarta, Singapore, Sydney, Melbourne and Mexico City. Azure's end-to-end revenue-assurance product portfolio for current-generation networks includes Data Integrity, Wholesale and Interconnect Billing, International Settlements, Fraud Management, Mediation Management, Translation and Rating, Event Integrity and Route Optimisation. Over the last 12 months Azure has launched Azure Inter-Party Management, Azure Fraud Control System and Azure Certo 2 as the first products in its next-generation portfolio. Azure provides individual products or complete revenue-assurance solutions using a common platform and any combination of products that a customer might need. Customers can choose a system that they own and operate themselves or a bureau that Azure manages on their behalf. Azure has 80 customers in 32 countries comprising PTTs, mobile operators, national operators, carrier's carrier and cable TV companies. Azure has significant carrier experience and understands the problems faced by all these operators.

The company's heritage can be traced back to BT in the early 1990s. Azure was spun out of BT in April 2003 and is backed by New Venture Partners, Doughty Hanson Technology Ventures and Intel Capital.

Azure won the 'Best Revenue-Assurance Project' award at the World Billing Awards 2005 in London, and 'Most Promising Company' at the TeleStrategies Billing & OSS World Excellence Awards 2005 in Philadelphia.

Further information:

In the U.S. please contact Guy Murrel at Catapult PR-IR
T: +1 303-581-7760 - E: gmurrel[.]catapultpr-ir.com

LLC 'Astelit' is a company operating in GSM business under the brand life:) in Ukraine since the end of January 2005. life:) values are - innovations, dynamics and new quality of mobile services provision targeted at individual needs of the customers. As of March 31, 2006 life:) attracted 3.25 million subscribers in Ukraine which makes life:) the third national operator of the country.

life:) network is growing at an unprecedented pace and covers today all the largest cities and all towns with inhabitants over 100 000 and more than 18000 settlements of Ukraine which covers 70% of Ukraine's population.

life:) provides the largest in Ukraine roaming opportunities - in 190 countries via 492 roaming partners.

life:) was the first in the market to introduce EDGE technology and today it offers the widest EDGE coverage on the market - in 37 cities of Ukraine, including all oblast centres.

Life is getting interesting!

Further information:
In Ukraine please contact Nadezhda Lubnina, life:) PR manager
T: +38 (0)44 233-31-31 - E: nadezhda.lubnina[.]life.com.ua.

   
 

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