YOQNEAM, Israel -- MIND CTI Ltd. (NASDAQ:MNDO - News), a leading provider of convergent end-to-end billing and customer care product based solutions for tier 2 and tier 3 carriers worldwide, today announced expansion of its SIP based billing project at Megacable, the leading cable operator in Mexico with over 1 million TV, data and voice subscribers.

Megafón, Megacable's new telephony services (as carrier of carrier services), was implemented in 4 cities in Mexico at the first phase of the project and following its success the service is being implemented at new locations.

The agreement between MIND and Megacable entitles MIND to follow-on orders based on new subscribers and Megafón's penetration into the Mexican market brings MIND new license revenue.

"We are certain that the MIND SIP billing solution will support both our growing operational needs, flexibility to interface with our existing BSS and OSS platforms and our increasing product offering" said Mr. Sergio Franco, CIO at Megacable.

"MIND is pleased that its platform is used as a key enabler for the new Voice over Cable NextGen offerings of Mexico's largest cable operator" commented Mr. Sagee Aran, VP at MIND CTI. "We are proud that our platform enables Megacable to expand its offering and provide its customers with reduced-cost voice services in addition to its cable and internet offerings" added Sagee.

Mind CTI Ltd. (Nasdaq: MNDO)