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| Press Release - March 22, 2001 |
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CeBIT - Hannover, Germany, March 22, 2001 MIND CTI Joins the Cisco AVVID Partner Program Cisco Verified e Enterprise Billing and Traffic Management System to be Featured in Cisco Reseller Lounge during CeBIT MIND CTI, (NASDAQ: MNDO) a leading provider of IP billing and customer care, accounting and management solutions, today announced it has joined the Cisco AVVID (Architecture for Voice, Video and Integrated Data) Partner Program as an IP telephony solutions member. M.E.IP.S (MIND Enterprise IP Systems) successfully completed Cisco's Interoperability Verification Testing (IVT) process with the Cisco CallManager 3.0(2) and 3.0(5). MEIPS is a comprehensive enterprise IP billing, accounting and traffic management solution for tracking of all calls and data communication across converged IP and traditional telephony networks. The Cisco AVVID Partner Program is an interoperability testing and co-marketing program enabling leading product and services firms to deploy innovative e-business solutions. The program provides enterprise customers with Cisco AVVID Partner products and services that have been tested and verified to interoperate with Cisco network technology. The solutions that result from these relationships serve as additional proof points for the New World applications being enabled by Cisco AVVID. "Cisco's strong standing in the enterprise IP telephony market presents a great opportunity for MIND to expand our long-term established relationship with Cisco in this quickly emerging segment", said Monica Eisinger, President and CEO. "MEIPS integrates MIND technology from two robust and market proven product systems -- our IP services billing and enterprise call accounting solutions. We are very excited about the introduction of MEIPS, and by the continuation of our existing cooperation with Cisco." Cisco IP Telephony solutions are scalable, distributed and highly available, providing a smooth migration from separate infrastructures to a single converged voice, video and data network. Enterprises benefit from IP-based business applications that enhance employee productivity, customer flexibility and control, as well as exceptional customer service. Companies also benefit from the standards-based, distributed, open architecture - inherent components of Cisco AVVID. "We are pleased to welcome MIND to the Cisco AVVID Partner Program as a valued provider of billing and management products that utilize converged IP and traditional telephony networks," said Bill Erdman, director of marketing for Cisco's Enterprise Voice Business Unit. "Customers are looking to Cisco to integrate and enhance the functionality and ease of use of Enterprise telephony systems across an IP infrastructure and our AVVID program partners like MIND are key to helping us achieve those objectives." MEIPS features web-based tools for the tracking of all calls and data and a powerful query generator for up-to-the-minute reporting, providing enterprises with the means to determine the efficient allocation of telecom and network resources. MEIPS reports provide a unified view of network costs and traffic for the strategic planning, auditing and reconciliation of communication budgets. MEIPS Web enables users to generate reports over the Web at anytime and from any location. During CeBIT visit MIND CTI in Hall 17, booth B48 and in the German Pavilion, Cisco Resellers Lounge booth 15. About MIND MIND is a leading provider of Billing & Customer Care, Accounting and Management solutions for multiple IP services including Voice, Data, Content and Unified Messaging. MIND's billing and customer care solutions are servicing millions of subscribers worldwide. MIND's multiple IP services billing system provides ISPs, ITSPs and telcos with a real time solution for billing diverse IP services. MIND operates from its Israeli headquarters and provides sales and support services to its worldwide customer base from offices in the United States, China and Japan. For information about MIND and its products visit the company Web site: http://www.mindcti.com 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. They involve risks, uncertainties, and assumptions, including the risks discussed in the Company's filings with the United States Securities Exchange Commission. For more information please contact:
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