WeDo Technologies Launches New Revenue and Business Assurance Platform at MWC 2010

    BARCELONA, February 15 /PRNewswire/ --      Company also Announces:      - Major New Contract Wins in Latin America and Europe     - Opening of More Regional Offices  

WeDo Technologies, leading innovator in the Revenue and Business Assurance sector, is using MWC this year to launch the latest version of RAID - its powerful and uniquely flexible Business Assurance platform.

With RAID already in use by over 60 service providers worldwide, this latest version - Business Assurance RAID 6.0 - extends the protection offered to service providers even further, adding modules to manage assurance beyond core revenue protection operations to include incentives, collections and partner settlement processes. Additional investment is already underway to increase these functionalities across the wider commercial environment.

"Whatever point they're at in their growth cycle," says CEO Rui Paiva, "service providers everywhere are finding that traditional approaches to Revenue Assurance aren't sufficient any longer to support the multi-dimensional, multi-directional business relationships that they now rely on. The industry isn't talking any longer here about just protecting its cash flow - the game's now about much wider strategic issues that involve commercial agility, continual innovation and reputation and risk management. That, in turn, requires us in the vendor community to come up with more holistic tools and visions to first secure - and then enable - the broader enterprise."

2010 will mark WeDo Technologies' eighth appearance at an MWC event and demonstrates the company's steady growth and success so far, building on a 38 percent increase in turnover in 2008 alone. In answering the challenges of a sector that's continually faced with the emergence of new products and business models - plus ever more complex and fragmented financial, tariffing and charging processes - RAID 6.0's inclusion of functions to manage collections, partners and incentives widens a service provider's 'envelope of trust' far beyond that usually provided by a typical Revenue Assurance system.

Commercially, the last months of 2009 were extremely positive for WeDo Technologies:

Latin America: Signing of a continent-wide contract with an international Tier-One service provider to optimise its roaming processes.

Mexico: Order for an integrated Revenue Assurance and Fraud Management solution from a national cable operator.

Central Europe: Orders for Revenue Assurance solutions received from mobile operators in Hungary, Armenia and Slovakia.

Europe: Order for a Revenue Assurance solution from a major mobile operator in Spain.

In addition, the company will be extending its global presence still further during 2010 with the opening of new offices in Chile, Panama and Singapore, having already established itself in Egypt, Malaysia and the USA during 2008.

Sited in Hall One, Booth J31, WeDo Technologies will be sharing its stand with its subsidiary Praesidium, the Fraud, Revenue and Business Assurance consultancy.

About WeDo Technologies:

WeDo Technologies is the leading supplier of Revenue Assurance solutions for the global telecoms industry. Business Assurance RAID, the Revenue Assurance and Fraud product, has been implemented across the five continents. With an international presence in Portugal, Australia, Brazil, Egypt, France, Ireland, Malaysia, Mexico, Poland, Spain, UK and USA, WeDo Technologies is a member of the GSM Association and of the TMForum. The company was founded in Portugal in 2001. For more information, visit http://www.wedotechnologies.com

About GSMA Mobile World Congress 2010

A world-class thought leadership conference featuring visionary keynotes and action-provoking panel discussions. An exhibition with more than 1,300 companies displaying the cutting-edge products and technology that will define the mobile future. For more information, please visit http://www.mobileworldcongress.com/index.htm.

     For further information while at MWC, please contact:     Sergio Silvestre     Chief Marketing Officer     Mobile: +351-939-655-555     Email: [email protected]   

SOURCE WeDo Consulting