LONDON, April 21, 2009 (GLOBE NEWSWIRE) -- Cartesian Limited, a TMNG Global company and leading specialist technology consulting firm for the telecoms industry, today announced that it has received a celebrated Queen's Award for Enterprise. Cartesian, which provides software and services to blue-chip telecommunications providers, won the award in the Innovation category for its 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. Ensuring that the charges for these are correctly calculated and that all are put onto customer bills is highly complex. Cartesian developed the Ascertain software to enable telecoms service providers to improve customer billing accuracy. Ascertain provides sophisticated controls to ensure that customers are not overcharged, and that service providers do not lose revenue through under billing. Through Ascertain, telecoms operators are saving millions of pounds in revenues that previously were not recouped. Commenting on the receipt of the award, Alan Strong, co-founder of Cartesian said: "We are honoured to receive the Queen's Award, the most prestigious business accolade in the UK. The Cartesian team has been helping telecoms operators with their complex problems for many years now and we are thrilled that our pioneering work has been recognised in this way." Development of the Ascertain software suite began nearly ten years ago and initially focused on provision of sophisticated, comprehensive control to assure the accuracy of the billing process. Improvements and enhancements have been made continuously since then and Ascertain now provides a software framework within which Cartesian have developed a range of solutions from revenue management through to provisioning. Janos Sivo, co-founder of Cartesian commented: "As the telecoms business is rapidly evolving and customer billing and service becomes more complex, we are continuing to invest and innovate to ensure that we provide the ongoing support that our customers need -- allowing them to improve the service they offer to their customers as well as protect their bottom line." Founded in 1996 by four telecoms professionals, Cartesian has since grown to a team of about one hundred people. The company is achieving considerable commercial success for its consulting services as well as its Ascertain software capability, with a proven track record on creating and retaining satisfied customers. Notes for Editors About Cartesian Limited, a TMNG Global Company Cartesian, a TMNG Global company (Nasdaq:TMNG), 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. Cartesian was founded in 1996. It is based in Holborn, London and employs approximately 100 people. Turnover last year was approximately 12 million pounds. Its customers are the major telecoms and broadband operators in the UK and rest of Europe. The Queen's Awards are the leading business awards in the UK. Awards are given in the Innovation category for those firms who have demonstrated clear innovation which has led to significant commercial success. CONTACT: Cartesian Limited Bill Hill, Director 07770 637825 (mobile) 020 7643 5555 (switchboard) bill.hill@cartesian.co.uk Brainerd Communicators Media Ray Yeung yeung@braincomm.com Jo Anne Barrameda barrameda@braincomm.com
Cartesian Wins Prestigious Queen's Award for Enterprise Innovation
| Source: The Management Network Group, Inc.