Wednesday, March 30, 2011

MIND C.T.I. Ltd. (MNDO) Selected by Pelephone as Billing and Customer Care Solution to Support Launch of MVNO Platform

Located in Yoqneam, Israel, MIND has quickly evolved into a leading provider of convergent end-to-end billing and customer care product based solutions for service providers as well as telecom expense management solutions. Today MIND took a major step towards prominence with the announcement they have joined forces with Pelephone Communication to provide a billing solution for MVNO’s.

Pelephone is respected as a pioneer in the Israeli mobile marketplace as Israeli’s first mobile operator with over 2.8 million subscribers. MIND will now provide Pelephone with an integrated end-to-end convergent billing and customer care solution for full support of its Mobile Virtual Network Enabler (MVNE).

Leading the way at MIND is Monica Iancu who serves as the company’s Chairman and CEO. Iancu provided comment on the company’s newly formed relationship with Pelephone. Commenting on the relationship, Iancu stated, “We are excited to have been selected for the first time by a tier one operator in Israel. We are committed to Pelephone’s success in their MVNO platform operation and hope to be able to expand our partnership.”

Currently, MIND is trading in the $3.27 range. With this new business relationship and a number of positive occurrences within their pipeline, MIND is truly a company on the move.

To learn more about this new business relationship and MIND’s company as a whole, visit their corporate website at: www.mindcti.com

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