New Technology Offers Real Time View of Performance for Wireless Industry
News Release
April 4, 2006
Contact: Jim Moore
512.300.9232 jmoore@S3.com
(Austin, Texas) TeraMatch® , invented by the MIT scientists at S3 Matching Technologies and utilizing business rules developed in a partnership with management consultants at The Management Network Group (TMNG), will offer wireless businesses the first real time view of profits and all critical metrics within their operations. Initially being deployed within TMNG’s mobile enablement platform, TeraMatch® will also provide real time electronic maps and tables combining data points such as profits, usage, churn, and even calling area demographics."
TeraMatch® gives wireless managers the ability to look 'live' into their cash flows and make business changes before bottom-line problems at the end of the month," said Jack Holt, CEO of S3 Matching Technologies. "TMNG is the first company to utilize TeraMatch® in its Mobile Virtual Network Enablement (MVNE) platform. The TeraMatch® map shows which regions and cities are doing well or where a change in business approach is required to improve profits."According to Holt, these unique tools are enabled by the TeraMatch® ability to overlay and compare discrepancies in the huge usage databases created by wireless businesses.
By using TeraMatch® TMNG will be able to offer customers a real time readout on profits and other metrics right down to the individual cell phone user. The information can also be displayed on a map to quickly spot bad or good trends. Enriching all the usage and metrics data with demographic data can give the marketing team an edge in reaching the right target markets. "Our MVNE customers will have a huge business advantage with TeraMatch®," said Ron Angner, Sr., Principal and COO of TMNG's Mobile Enablement Services. "What manager of wireless operations wouldn't want the ability to spot financial trends before there is a crisis at the end of the month? Together, TMNG and S3 make that possible."S3's applications are delivered by TMNG over the Web and do not require software installation or hardware purchases.
About S3 Matching Technologies (www.S3.com)
S3 is an Austin, Texas based company focused on providing hosted and installed automated telecom business systems for the medium to large enterprise. S3’s patent-pending TeraMatch® technology powers its proprietary Telecom Supply Chain Management applications to establish and maintain accurate inventories of all telecom services, delivering unprecedented cost control and optimization.
About TMNG
The Management Network Group, Inc. (Nasdaq: TMNG) is a leading provider of professional services to the converging communications industry and the financial services companies that support it. With more than 400 consultants worldwide, TMNG’s clients include communications service providers, media, entertainment, and technology companies, and financial services firms. Founded in 1990, TMNG has provided strategic and management consulting, as well as managed services, to more than 1000 clients worldwide, including all the Fortune 500 telecommunications companies. The company is headquartered in Overland Park, Kansas, with offices in Boston, Chicago, London, New York, Denver, Dallas, and Washington, DC. TMNG can be reached at 1.888.480.TMNG (8664) or online at http://www.tmng.com.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties. In particular, any statements contained herein regarding expectations with respect to future business, revenues or profitability are subject to known and unknown risks, uncertainties, and contingencies, many of which are beyond the Company’s control, which may cause actual results, performance, or achievements to differ materially from those projected or implied in such forward-looking statements. Factors that might affect actual results, performance, or achievements include, among other things, conditions in the telecommunications industry, overall economic and business conditions, the demand for the Company’s goods and services, and technological advances and competitive factors in the markets in which the Company competes. These risks and uncertainties are described in detail from time to time in TMNG’s filings with the Securities and Exchange Commission.