| SOFTBANK BB, Japan's Largest Broadband Carrier with over 4 Million Subscribers, Implements Portal's Billing Solution as It Diversifies Its Broadband Services |
Portal Software, Inc. (Nasdaq:PRSF) today announced that SOFTBANK BB Corp. has selected Portal's billing and Revenue Management solution as the core component for its overall billing infrastructure supporting all current and future communication services. SOFTBANK BB, Japan's largest broadband carrier, offers a wide range of services including "Yahoo! BB" service, a comprehensive broadband service boasting a subscriber base of 4.5 million. The offering also includes "BB Phone" IP Telephony service and "Yahoo! BB Mobile" wireless LAN service.
Recognizing the importance of implementing a strategic billing solution to optimize the provisioning of its extensive broadband services and content, SOFTBANK BB was looking for an advanced Revenue Management platform that offered the scalability to handle its expanded service needs with speed and flexibility while enabling a reduction in SOFTBANK BB's total cost of ownership (TCO).
Commenting on the decision to implement Portal's solution, SOFTBANK BB's senior vice president, director of board & Chief Information Security Officer (CISO), Shinichi Ata, said, "SOFTBANK BB, as it expands its offerings, has lined up an extensive menu of broadband services to meet all of its customers' varying needs. The devices used by our customers are not just personal computers, but also include mobile devices and a wide range of other technologies. For this reason, it's important that we employ a billing solution that has the speed and flexibility to handle these wide ranging services. It was clear that Portal offered a solution capable of meeting individual customer needs, and that Portal's convergent billing platform would become indispensable to us as we expanded our broadband services."
"We are extremely pleased," said Bhaskar Gorti, Portal Software's senior vice president of global accounts, marketing and alliances, "that SOFTBANK BB, as Japan's largest broadband carrier, has chosen Portal's solution. We believe that our highly scalable billing and Revenue Management platform, which can handle an increase from the existing subscriber base of 4 million up to a subscriber base of over 10 million, will contribute significantly to SOFTBANK BB's ability to deliver cutting-edge consumer services while lowering costs and increasing profits. We look forward to working closely with SOFTBANK BB to help the company achieve its goal to provide a variety of innovative new broadband services to its customers."
About SOFTBANK BB Corporation
SOFTBANK BB (Head Office: Chuo-ku, Tokyo; President & CEO: Masayoshi Son) was established in January, 2003 as the largest company within the SOFTBANK Group. It engages in the provision of broadband infrastructure and services as well as in technical development, marketing, sales and support for "Yahoo! BB", a comprehensive broadband service with Japan's largest subscriber base of 4.5 million. In addition to "Yahoo! BB", its many service offerings include "BB Phone", an IP Telephony service utilizing the broadband infrastructure, and "BB Mobile", a wireless LAN service. With the combined strength of the entire SOFTBANK Group behind the expansion of its broadband services, SOFTBANK BB is able to offer a wide variety of broadband communications infrastructure and services and integrated support for cutting edge technology, products, services, and operations.
About Portal Software, Inc.
Portal is the leading worldwide provider of billing and Revenue Management solutions for the global communications and media markets. The company delivers the only platform for the end-to-end management of customer revenue across offerings, channels, and geographies. Portal's solutions enable companies to dramatically accelerate the launch of innovative, profit-rich services while significantly reducing the costs associated with legacy billing systems. Portal is the Revenue Management partner of choice to the world's leading service providers including: Vodafone, AOL Time Warner, Deutsche Telekom, TELUS, NTT, China Telecom, Reuters, Telstra, China Mobile, Telenor Mobil, and France Telecom.
Forward Looking Statement
Statements in this release contain forward looking statements that involve uncertainties and risks. These and other factors are described in detail in our Annual Report on Form 10-K for the fiscal year ended January 31, 2004 and our quarterly reports on Form 10-Q. All statements made in this press release are made only as of the date set forth at the beginning of this release. Portal undertakes no obligation to update the information in this release in the event facts or circumstances subsequently change.
Copyright(C) 2004 Portal Software, Inc. All rights reserved. Infranet and the Portal logo are U.S. registered trademarks, and Portal is a trademark of Portal Software, Inc. All statements made in this press release are made only as of the date set forth at the beginning of this release. Portal undertakes no obligation to update the information in the event facts or circumstances subsequently change.
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