Freenet Selects cVidya

LONDON -- cVidya Networks, a global leader of Telecom Data Integrity and Revenue Assurance Systems, announced today that freenet.de AG (www.freenet.de), one of the leading internet and telecommunication companies in Germany, has selected cVidya Networks’ revenue assurance (RA) solution, Money Map®. freenet will implement Money Map® as well as their professional services to enhance their internal revenue assurance capabilities.

Although freenet has experience with internal revenue assurance, they chose cVidya Networks because of the flexibility of their flagship product, MoneyMap®, which automates revenue assurance and reveals large revenue leakages. While this contract represents the first phase of the agreement between freenet and cVidya Networks, future phases of the deal will cover additional services beyond ADSL. This agreement extends cVidya Networks' presence throughout Europe.

“freenet is experienced in working to prevent revenue leakage in our organization, so we knew that we needed an RA solution and support services that met our high standards. cVidya Networks’ successful track record at implementing MoneyMap® at major telecom operators, alongside their high quality staff and impressive professional services, made them a clear choice for freenet,” said Stephan A. Esch, CTO of freenet.de AG.

cVidya Networks Inc.