news: press releases

AnchorPoint & MTS Sign Definitive Agreement

Dec 23, 2008 - Framingham, MA - AnchorPoint, the leading provider of integrated Telecom Expenses Management (TEM) solutions announced today a definitive agreement with MTS – Mer Telemanagement Solutions Ltd. (Nasdaq: MTSL), a global provider of business support systems (BSS) for comprehensive telecommunication management and customer care & billing (CC&B) solutions. The merger of AnchorPoint & MTS establishes the company as a leading provider of TEM solutions worldwide offering a full TEM solution suite for voice, data and wireless through various delivery models including software license, managed service, and fully outsourced. All solution options are complemented by a complete set of consulting services.

“MTS has been evaluating new opportunities to expand upon our core business,” said Eytan Bar, chief executive officer, MTS. “Adding TEM managed services to our portfolio is the logical next step and this transaction accelerates our go-to-market strategy. AnchorPoint brings an established TEM customer base, a portfolio of TEM services and their market-recognized brand to the organization. We believe this merger enhances our best-of-breed approach to TEM solutions for our customers.”

AnchorPoint TEM enables customers to intelligently manage, plan, optimize, and reduce their communications and network investments. AnchorPoint customer engagements begin with Map-to-Win^SM, AnchorPoint’s strategic consulting approach. Map-to-Win^SM enables organizations to effectively align their business goals with their people, process and technology investments, to assure the success of their expense management initiatives.

According to Roger Challen, President and CEO, AnchorPoint, “MTS delivers global telecom management experience plus a large North American customer base. This merger provides a foundation for expansion into the international TEM space and provides access to established development and support teams with a solid knowledge in global billing platforms. Additionally, we believe this transaction brings the combined company increased financial strength in this period of market consolidation.”

MTS currently provides telecommunications management services to customers in Europe, South America and Asia through OEM partnerships which include Siemens, Phillips, NEC and other vendors.

MTS North America is headquartered in Fairlawn, NJ. The AnchorPoint TEM division will maintain locations in Framingham, MA and Powder Springs, GA. The companies expect the transaction be completed on or before December 31, 2008.

About MTS

Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider of innovative solutions for comprehensive telecommunications expense management (TEM) used by enterprises, and for business support systems (BSS) used by information and telecommunication service providers. Since 1984, MTS Telecommunications’ expense management solutions have been used by thousands of enterprises and organizations to ensure that their telecommunication services are acquired, provisioned, and invoiced correctly. In addition, the MTS’s Application Suite has provided customers with a unified view of telecommunication usage, proactive budget control, personal call management, employee cost awareness and more.

MTS's solutions for Information and Telecommunication Service Providers are used worldwide by wireless and wireline service providers for interconnect billing, partner revenue management and for charging and invoicing their customers. MTS has pre-configured solutions to support emerging carriers of focused solutions (e.g. IPTV, VoIP, MVNO) to rapidly install a full-featured and scaleable solution. MTS’s unique technology reduces integration risks and lessens revenue leakage by using the very same system to manage retail and wholesale business as well as supporting multiple business units. Total cost of ownership is reduced by providing web-based customer self-care and provisioning.

Headquartered in Israel, MTS markets its solutions through wholly owned subsidiaries in the United States, Hong Kong, The Netherlands, and Brazil, as well as through OEM partnerships with Siemens, Phillips, NEC and other vendors. MTS shares are traded on the NASDAQ Capital Market (symbol MTSL). For more information please visit the MTS web site: www.mtsint.com

Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulations, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission.

AnchorPoint Contact:
John Venditti | +1 508-628-4549 | john.venditti@mtsint.com

MTS Contact:
Alon Mualem | CFO | +972-9-7621733| Alon.Mualem@mtsint.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.