LONDON and OVERLAND PARK, Kan., April 21, 2009 (GLOBE NEWSWIRE) -- Cartesian Limited, a TMNG Global company (Nasdaq:TMNG) that provides technical consulting, software development and revenue assurance professional services, today announced that it has been chosen to receive the prestigious Queen's Award for Enterprise in the United Kingdom (UK). Cartesian was chosen as a winner in the Innovation category for its design and development of the revenue assurance software suite, Ascertain(tm).
In the UK alone, there are over 100 million fixed and mobile phone lines generating over 700 million call minutes and 150 million text messages daily. The process for ensuring customer billing accuracy is accelerating in complexity with increasing converged service offerings. Cartesian's Ascertain software is acknowledged for its innovation in helping telecom clients address the critical challenges of revenue assurance and cost management.
"We are most honored to receive this prestigious business accolade in the UK," said Alan Strong, co-founder of Cartesian. "Our team has worked closely with telecom operators for many years, helping them save millions of pounds in revenues. This recognition for our pioneering work in serving the industry is encouraging."
Ascertain is a fifth generation platform with revenue assurance and cost management tools that combine to address the cash flow optimization needs of communications service providers. The Ascertain revenue assurance and cost management tools address the cash flow optimization needs of operators, providing rating accuracy, customer data reconciliation, analysis and reconciliation of event records, processing authentication and monitoring of trends and volumes.
"Today, service providers around the world risk seeing millions of dollars in revenue deceleration and increased costs from billing discrepancies," said Rich Nespola, President and CEO, TMNG Global. "We are continuing to invest and innovate to ensure that we provide the ongoing support communications service providers need to address the complexities of their business; enabling them to improve the service they offer to their customers as well as protect their bottom line."
The Queen's Award for Enterprise is the UK's most prestigious award for business performance. They recognize and reward outstanding achievement by UK companies, presented in three separate categories: International Trade, Innovation and Sustainable Development. The Awards are made each year by The Queen, on the advice of the Prime Minister, who is assisted by an Advisory Committee that includes representatives of Government, industry and commerce, and the trade unions.
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About Cartesian Limited, a TMNG Global Company
Cartesian, a TMNG Global company, is a technical consulting and software development company, delivering products and services to the telecoms industry. Cartesian's expertise covers networks, engineering, and technology, through to revenue assurance and billing. Ascertain is Cartesian's widely-deployed suite of software tools which address the revenue assurance, data integrity and provisioning needs of telecoms operators. More information on Cartesian can be found at http://www.cartesian.co.uk.
About TMNG Global
TMNG Global (Nasdaq:TMNG) is a leading provider of professional services to the converging communications industry. Its companies, TMNG, CSMG, and Cartesian and its base of over 600 consultants, have provided strategy, management, and technical consulting, as well as products and services, to more than 1200 communications service providers, entertainment, media, and technology companies and financial services firms worldwide. The company is headquartered in Overland Park, Kansas, with offices in Boston, London, New Jersey, Shanghai and Washington, D.C.
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