Reducing Fraud on Serbian Cellular Networks

ECtel has received three orders for its real-time Fraud Detection and Prevention product suit -- FraudView which will be provided to Telecom Serbia, the Serbian incumbent operator. The orders were received by ECtel from SAGA -- a Serbian System Integrator. SAGA will help ECtel in delivering the orders and in the after-sale local support. The total value of the three orders amounts to several million dollars.

The orders will cover real-time fraud prevention for Telecom Serbia's IP, Cellular and fixed networks. The orders include licensing of FraudView family of products, ECtel's real-time probes, and expert implementation services.

Eitan Naor, President and CEO of ECtel commented: "These orders from Telecom Serbia represent a significant and important penetration of our Company into a strategic country in central Europe. Our turnaround strategy, which includes cooperation with integrators in an effort to broaden our penetration in various markets, is bearing fruit as evident from these three new orders.

"I am proud that our leading FraudView products will help protect all of Telecom Serbia's networks and services, including its IP, Wireline and Cellular networks," Mr. Naor continued. "Our ability, to provide comprehensive fraud detection solutions to all types of networks by a unified real-time platform is unique in the marketplace and will allow Telecom Serbia to protect a variety of networks, services and significant traffic volumes. This is a major competitive advantage that we hold. Looking forward, I hope to leverage our abilities and these new orders into further expanding our offering throughout this strategic region."

Posted to the site on 27th January 2005