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AnchorPoint Continues Growth in First Half of 2007

Retail, Utilities, and Government Driving New Business for Leading TEM Provider

Jul 31, 2007 - Framingham, MA - AnchorPoint, the leading provider of integrated Telecom Expenses Management (TEM) solutions announced today that the company has achieved significant continued growth through Q1 and Q2 in 2007. Offered as a software license, hosted or fully outsourced solution, AnchorPoint TEM enables customers to intelligently manage, plan, and optimize their communications and network investments.

Among the first half sales of 2007, AnchorPoint added to its customer ranks the largest utilities provider in the Northeast, the largest wholesale club operator in the US, and the largest county government in the mid-Atlantic states region.

In addition to these high profile customer wins, AnchorPoint also experienced considerable customer expansion in the manufacturing sector and new business wins in the healthcare industry.

A recent July 2007 report from leading independent analyst firm Gartner indicates, “Telecom expense management (TEM) continues to show strong growth in the marketplace, especially in North America.” Moreover, “absorption of telecom charges at the enterprise level without proper charge out and accounting will continue to put undue pressure on IT and finance departments to control expenses, implement changes in end-user behavior and pursue more-stringent methods¹.”

“More and more customers are seeking an integrated applications platform to meet their communications business and operational management requirements for wireline, wireless and data needs,” said David Olsson, President and CEO, AnchorPoint.

“Our customers are indicating they want integrated business intelligence insight along effective financial and technology management of their communications usage, invoice billing, assets and services. We are pleased these customers have selected the delivery options that best meet their specific business needs – both perpetual licenses and outsourced managed services where they may select from a full ‘order to pay’ lifecycle of options.”

AnchorPoint customer engagements begin with Map-to-Win^SM, AnchorPoint’s strategic consulting approach that enables organizations to effectively align their business goals with people, process and technology investments to assure the success of their expense management initiatives.

¹Telecom Expense Management: Top 10 Vendor Considerations and Areas of Differentiation, Phillip Redmond & Eric Goodness, Gartner, June 29, 2007

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