ECtel Buys Compwise Assets

ECtel expected to strengthen IRM market position with acquisition of Compwise's assets

April 30, 2008

1 Min Read

ROSH HA'AYIN, Israel -- ECtel Ltd.(NASDAQ:ECTX), a leading provider of Integrated Revenue Management(TM) (IRM(TM)) solutions, announced today that it acquired substantially all assets of Israel-based Compwise, a provider of business analytic solutions for telecommunication operators, for approximately $1.3 million.

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The acquisition is expected to expand and strengthen ECtel's market leading Integrated Revenue Management(TM) product suite, as well as expand its customer base. The acquisition is expected to be accretive to earnings.

Compwise's products provide innovative business intelligence solutions for telecommunications service providers. Their unique analytical approach enables operators to maximize tariff profitability, improve retention of profitable customers and detect revenue leakage.

ECtel will merge Compwise's products into ECtel's leading IRM(TM) platform, further enhancing the Company's offering as a one-stop revenue management solution. Under terms of the acquisition, ECtel will continue to provide revenue management services and support to Compwise's current clients, which include some of the leading and most well-known telecom service providers around the world.

"By incorporating Compwise's product offering, ECtel will further improve its ability to assist telcos with their revenue management efforts," said Itzik Weinstein, CEO of ECtel. "This transaction showcases our long-term commitment to provide our customers with the most innovative and complete revenue management solution available in the market today."

ECtel Ltd. (Nasdaq: ECTX)

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