Cerillion Promises to Help Maximise Interconnect Revenues Following Acquisition of IBAS from CACI Information Systems

London, 19th April 2001 – Convergent Customer Care and Billing specialist, Cerillion Technologies has today announced the purchase of the IBAS Interconnect and Carrier Management product business from CACI Information Systems, the leading systems and software house.

The IBAS product offers interconnect rating, billing and settlement to telecommunication operators and service providers. It also delivers management tools to maximise the profitability of interconnect business through advanced least cost routing.
 
All of the staff employed within the IBAS division of CACI have moved to Cerillion Technologies as part of the transaction. Cerillion Technologies will also take over support for all existing IBAS users.
 
Commenting on the purchase, Louis Hall, Managing Director of Cerillion said: “We are delighted to welcome IBAS and its team into the Cerillion Technologies family. We already have a clear reputation in the market for offering broad functionality. The acquisition of IBAS, gives us an enhanced capability in the wholesale interconnect market.”
 
He added further “The IBAS product has proven itself to be one of the most advanced Interconnect solutions.  It delivers not only accurate Interconnect rating and billing but also effective carrier management. IBAS helps operators to maximise their Interconnect profitability in what is becoming an increasingly dynamic market.  With the continued proliferation of wholesale agreements, fuelled further by the development of IP and content, IBAS will be key to the success of telecom operators”.
 
Greg Bradford, Chief Executive of CACI comments: “We are delighted to have completed the sale of the IBAS product to Cerillion. From CACI’s perspective, the sale provides a financial return for the investment we have made in the product and will enable us to focus on our core activities of systems development and integration, particularly in the telecommunications sector. Cerillion have acquired an established and proven interconnect product to compliment their existing portfolio. And from the IBAS customers’ perspective, the sale means that they will be supported by a specialist telecom customer care and billing systems provider. We wish Cerillion every success with what we believe will be a market leading product.”

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Notes to editors

About CACI

CACI Information Solutions is a leading systems and software house, headquartered in the United States with an annual turnover in excess of $500 Million.  From its European headquarters in London, the company provides a range of software development and systems integration services to the telecommunications and other sectors..  Our telecommunications customers range from national PTT’s through to carriers’ carriers, mobile operators and new entrants.

About IBAS

IBAS was originally built and designed in conjunction with a well known European Carrier.    It has been designed to help carriers maximise their profits from Interconnect traffic in what is a strongly growing, yet increasingly competitive, market.   IBAS delivers both Interconnect Billing and Carrier Management in one fully integrated package.  
 
IBAS is already in use with several operators in Europe.