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MTS Files its Annual Report With Audited Financial Statements With the SEC

MTS - Mer Telemanagement Solutions Ltd. (Nasdaq Capital Market: MTSL), a global provider of business support systems (BSS)for comprehensive telecommunication management and customer care & billing (CC&B) solutions, today announced that it has filed its annual report with audited financial statements with the SEC reflecting revenues for the year ended December 31, 2006 of $10.5 million and a net loss of $2.25 million compared to revenues of $11 million and a net loss of $1.5 million as preliminarily reported in a press release on February 7, 2007.

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