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AnchorPoint Reports Record Growth and Significant Customer Wins

Financial, Retail and Government Markets Steer New Business for Leading TEM Vendor

Dec 06, 2006 - Framingham, MA - AnchorPoint, the leading provider of comprehensive Telecom Expense management (TEM) solutions announced today that the company has achieved unprecedented customer growth through Q3 in 2006. AnchorPoint’s integrated TEM business solutions enable customers to intelligently manage, plan, and optimize their communications and network investments.

With AnchorPoint’s flexible offering for enabling visibility, improving controls and gaining bottomline results from Telecom expenses and investments, customers can choose the delivery method that works best for them – whether licensed software, ASP or Managed Services.

Since launching its TEM software suite and optional delivery platforms in Q3, FY04 bookings have grown over 123% and backlog has skyrocketed over 2000%. Their successes have been bolstered by the market’s increasing demand for a managed services approach that allows customers to pick and choose from a menu of options, deciding which areas of their process they want to own and manage and what areas they want to outsource.

A recent October 2006 report from leading independent analyst firm Gartner, MarketScope for Telecom Expense Management, 2H06 (Eric Goodness, et al.), states “Companies want to begin fitting their telecommunications tactical needs into an outsourcing plan, while keeping the more strategic needs of their services in house.”

“We’re excited about the continued adoption of TEM in the marketplace as strategic business leaders recognize the value of maximizing their IT investments,” said David Olsson, President and CEO, AnchorPoint. “Forward-thinking organizations are looking for new, innovative ways to find high impact competitive advantages. Gaining visibility, usage accountability, improving audited invoice controls, and greater understanding into IT assets gives our customers the agility to transform their spend to higher impact activities.”

Over the past few quarters in 2006 alone, AnchorPoint has signed a number of customers across multiple industry sectors including Retail, Local and Federal Government. Particular growth was seen within financial services with customer wins from the Banking, Retail Brokerage, and Insurance markets.

Corporate Contact:
Michael Grillo | Marketing Manager | +1 508-628-4524 | mgrillo@anchorpoint.com

Media Contact:
Tom Bain| Racepoint Group | +1 781-487-4616 | tbain@racepointgroup.com

About Anchorpoint

AnchorPoint (www.AnchorPoint.com) is a leading provider of Telecom Expense Management Solutions that enable enterprises to gain visibility and control of strategic assets that drive key business processes and crucial competitive advantage. The company’s award-winning software, consulting and managed services solutions -- including integrated Invoice, Asset, and Usage Management and Business Analytics tools -- provide professionals at every level of the organization with rapid access to concise, actionable data. Armed with this knowledge, they can make smart operational and financial decisions that maximize the performance of core assets and services. From reducing costs and optimizing resources for superior ROI; from allocating budgets to ensuring regulatory compliance; from purchasing to payment; and everything in between, global leaders like BB&T, Pitney Bowes and AGFA rely on AnchorPoint for absolute control over bottom line results.