Billing & OSS World, Booth 300, CHICAGO, April 26 /PRNewswire-FirstCall/ -- FTS , the leading provider of Business Control, Billing and CRM solutions for service providers today announced that it has won the 'Most Promising Company' award at the 2007 TeleStrategies Billing and OSS World.

FTS was presented with the award yesterday evening at the TeleStrategies Billing & OSS World 2007 conference and exhibition in Chicago. Discussing their selection criteria, the judges said, "The award is granted to the company the judges feel will have the biggest impact on OSS/BSS market in the coming year and has demonstrated a strong record of growth and successful problem solving through strong products." FTS was chosen from among the world's leading billing and OSS companies.

Founded in 1997, FTS has established several industry firsts that contribute to its position as a premier vendor of business-oriented billing and CRM solutions for the communications arena. Together, they build a compelling case and emphasize the significance of the company's innovative and visionary offering.

Sighting the need for BSS to better support issues from customer retention to data migration, the company recently released version 7.0 of Leap(TM) Billing RC (RevChain), its billing product specifically targeting the American market, and version 4.0 of its Leap Billing, a solution serving customers worldwide.

"FTS has been successful in all fronts," said Edward J. Finegold, Editor-in-Chief Billing World and OSS Today and one of the judges. "Growing globally, advancing a true multi-domain OSS/BSS product, and turning struggling acquisitions into profitable units."

"We are honored to receive this prestigious award," said Yair M. Sakov, FTS' Vice President of Marketing and Business Development. "This serves as a true recognition of FTS' innovation, customer-orientation, and ability to present the market with a long term, sustainable vision."

FTS is exhibiting in Booth 300 at this year's Billing & OSS World Conference.

About FTS

FTS is a leading provider of Business Control, Billing and CRM solutions for communications service providers. FTS pioneered the Business Control Layer market and is the leading player in the space. By analyzing events from a business standpoint rather than just billing them, FTS allows providers to better understand their customer base and leverage business value from every event and interaction. FTS deploys its full range of end-to-end, stand-alone and add-on solutions to customers in over 40 countries and has implemented solutions in wireless, wireline, cable, content and broadband markets including multiple cross-network installations. Serving the evolving needs of both traditional and next generation service providers, the company's operations comprise four international R&D locations and strategically-located sales support offices worldwide. FTS is one of EMEA's fastest growing technology companies, consistently earning a place within the Deloitte Technology Fast-500 EMEA listing. For more information please visit http://www.fts-soft.com/.

Contact: Sonus PR for FTS Patrick Smith Tel. +44-20-7851-4890, patrick.smith@sonuspr.com FTS Moshe Peterfreund Tel. +972-9-952-6536 press@fts-soft.com

CONTACT: Contact: Sonus PR for FTS, Patrick Smith, Tel.
+44-20-7851-4890, patrick.smith@sonuspr.com; FTS, Moshe Peterfreund, Tel.
+972-9-952-6536, press@fts-soft.com