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| Press Release - February 13, 2006 |
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Yoqneam, Israel, February 13, 2006 Iskon Internet Selects MIND to Support Multiple Broadband Services in Croatia MIND delivers end-to-end real time OSS/BSS for triple-play services MIND C.T.I. LTD. (NASDAQ: MNDO), a leading provider of end-to-end billing and customer care solutions for Mobile, Wireline, VoIP and Triple-play carriers worldwide, today announced that it has been chosen by Iskon Internet, a leading Croatian internet provider, for the deployment of MIND's carrier-grade, convergent billing and customer care solution for Iskon’s cutting edge IP based services. MIND will provide an end-to-end solution for billing, customer care mediation and provisioning for these services. Leveraging the opportunities presented by the liberalization of Croatia’s network, Iskon Internet is transitioning itself into a full service IP multimedia provider. With the selection of MIND solutions, the company will shortly be able to launch triple-play services, while utilizing real time processes, flexible and easily configured creative bundled voice, video and data services to satisfy the advanced communication needs of its diverse customer base. Sasa Kramar, Iskon Management Board Member and CMO commented: "We needed to be certain that the solution we chose could be utilized over a long period and that it will meet the current and future requirements of Iskon. Our objective is to provide integrated telecommunications solutions over broadband to both our residential and business customers. MIND met our expectations since it flexibly supports a true convergent environment allowing us to maintain and introduce innovative multi-media packages while optimizing our time to market factor. We are looking into a long term relationship with MIND." "Providing triple-play (voice, data, TV) and quadruple-play (wireline, wireless, data, TV) services is key to the growth of today's telecoms. MIND solutions are designed to support these new requirements under one platform providing the carrier an opportunity to achieve leadership. The solution implemented at Iskon will support the launching of new services such as IPTV as well as Iskon's continuous growth," said Monica Eisinger, chief executive officer of MIND. About Iskon Internet Iskon Internet is the largest alternative provider of advanced telecommunications and internet services in Croatia with recognizable brand name and national coverage. Over 10,000 companies and 100,000 private customers are using Iskon’s services, and Iskon web portal (www.iskon.hr) is visited by 165,000 unique visitors on a daily basis. Iskon employs 170 experts of all profiles. About MIND MIND CTI Ltd. is a leading provider of convergent prepaid and postpaid end-to-end billing and customer care solutions for VoIP, Mobile, 3G and Triple-play carriers worldwide. Since 1997 MIND has been a pioneer in enabling the VoIP technology for emerging and incumbent service providers. In August 2005 MIND acquired Sentori, Inc., a US based provider of customer care and billing solutions to wireless carriers and mobile virtual network operators (MVNO's). Sentori, Inc. brings over ten years of wireless experience staff and seven years of a wireless operational solution to carriers. MIND operates from offices in Europe, Israel and the United States. For financial information, reports and presentations, please visit the Investor Relations site: http://www.mindcti.com/ir Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements other than historical facts included in the foregoing press release regarding the Company's business strategy are "forward-looking statements." These statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements are not guarantees of future performance, and actual results may materially differ. The forward-looking statements involve risks, uncertainties, and assumptions, including the risks discussed in the Company's filings with the United States Securities Exchange Commission. The Company does not undertake to update any forward-looking information. For more information please contact:
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