Convergent billing specialist Cerillion Grows Revenues by 46% in 2004
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Topic Corporate News
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Convergent billing specialist Cerillion Grows Revenues by 46% in 2004
London, UK-/28 Jan, 2005 - Wi-Fi Technology News/- Convergent billing specialist, Cerillion Technologies, today announced its audited results for another highly successful year, with turnover up 46% to $17.5m and EBITDA of $3.4m for the financial year ending 30th September 2004. This period has seen 9 new customers choosing Cerillion to solve their billing problems, with continued success in Europe, Africa and The Americas.
?The last year has been very exciting for us with rapid growth not only in terms of new customers, but also internally within our delivery organisation, and we have comfortably exceeded our target of 30% revenue growth? commented Louis Hall, CEO of Cerillion Technologies. ?Our pre-integrated solution suite has proven itself to be just what the market needs today, as operators look to improve their operational efficiency whilst maintaining or increasing their margins.?
?We have already substantially exceeded our forecast for the first financial quarter in 2005, and are well on course to meet our target of 40% growth this year. We are also in the midst of opening a new office in Singapore, which will help us service our local Asian clients more efficiently and increase our worldwide footprint.?
About Cerillion Technologies
Based in Central London, and with offices in the US, Cerillion Technologies provides carrier grade CRM & Billing, Interconnect and Mediation solutions to fixed, mobile, IP and convergent telecom operators worldwide. Cerillion was formed in October 1999 through the Management Buyout of the in-house Customer Care and Billing product division of Logica, which has been supporting operators? needs since 1992.
The Cerillion system is a bundled component solution suite supporting any deployment model: as an end-to-end pre-integrated business support system, from customer through to network interaction; in a mixed deployment, where selected modules may be replaced by 3rd party applications; or in a pure best-of-breed solution. The system is also fully operational as a complete managed service solution.
Cerillion solutions deliver the business agility needed to respond quickly and effectively in a highly competitive environment.
For further information: http://www.cerillion.com
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