news: press releases

Telecom Expense Management Industry Association (TEMIA) Publishes Paper on Tax on Employee Use of Employer Paid Mobility Services

Aug 03, 2009 - Framingham, MA - The Telecom Expense Management Industry Association (TEMIA) (http://www.temia.org), the authoritative voice for the Telecom Expense Management (TEM) industry, announced that it has released a position paper on taxes of personal use for employer-paid mobile devices. This definitive paper responds to the June 8, Internal Revenue Service (IRS) Notice 2009-46 with three critical actions that enterprises, employees, and TEM suppliers must take in the next 30 days.

The paper highlights the background on the tax, its impact on today’s business environment and potential employee tax liabilities for the use of a corporate mobile device. While the tax does provide some justification for solutions offered by TEMIA members that automate mobility expense management processes, the association has adopted a position that aligns with the long-term best interest of its members’ clients.

MTS & AnchorPoint, A Division of MTS today offer solutions that address certain IRS requirements regarding employer-paid mobile devices. For example, MTS Private Calls Management (PCM) ensures that all personal calls made from company telephones are logged and the information can be instantly available when required for tax reporting. MTS PCM allows employees to classify their calls as personal or business through a web-based interface. Each employee can login to the system, review theirs calls and mark each number or each call as personal or business.

TEMIA seeks to take on issues of its members and provide education in ways that do not overlap with independent activities of its members and industry analysts. TEMIA’s response to the IRS’ tax simplification proposal provides a blueprint for how the association is positioned to tackle issues, publish best practices, performance metrics, standards, and Key Performance Indicators (KPIs).

This paper can be downloaded from the TEMIA website (http://www.temia.org/report) and the websites of MTS & AnchorPoint .

About TEMIA

TEMIA, the Telecom Expense Management Industry Association, was founded in late 2006 by the country's largest Telecom Expense Management (TEM) service providers that cumulatively manage $31 billion of telecom and data spend. TEMIA's mission is to raise awareness and knowledge of the benefits of TEM solutions, to improve the quality and value of TEM solutions through the development and promotion of industry standards, and to cultivate shared industry knowledge among TEM providers, business partners, telecom service providers, and enterprise clients. For more information about TEMIA, please visit http://www.temia.org or contact info@temia.org.

AnchorPoint Contact:
John Venditti | +1 508-628-4549 | john.venditti@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 rely on AnchorPoint for absolute control over bottom line results.

AnchorPoint is a division of MTS - Mer Telemanagement Solutions Ltd. (Nasdaq: MTSL), a global provider of Telecom Expense Management (TEM) and customer care & billing (CC&B) solutions. 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.