ST. LOUIS and PALO ALTO, Calif., June 20 /PRNewswire-FirstCall/ -- Today, Amdocs , the leading provider of software and services to enable integrated customer management and the intentional customer experience, and HP China announced a joint project to provide integrated billing for Beijing Mobile, a wireless operator in China. HP China will prime the project and work in conjunction with Amdocs to integrate Amdocs Billing 6 in order to support pre-and post-paid customers for voice, data, and advanced services, delivering more efficient billing to customers and providing Beijing Mobile Communication Corporation (BMCC) with the capabilities to remain a market leader.
In addition, Amdocs Billing 6 will be fully integrated into BMCC's CRM systems to successfully reduce operating costs, provide faster response time to market, deliver more flexible business and promotions plan, and online charging schemes. HP China and Amdocs will also provide ongoing technical support and maintenance services to BMCC once the implementation is completed.
"China's telecommunications market is experiencing dramatic changes including broad subscriber growth and increased competition," said Michael Matthews, chief marketing officer at Amdocs. "The combination of our extensive wireless expertise, our long standing relationship with HP and our experience with large-scale projects will enable Beijing Mobile to effectively address the changes in the marketplace and remain a leader by offering a differentiated, intentional customer experience to their customer base."
"HP has a long track record working with China Mobile in billing and this project is another milestone introduction of leading edge technology to support the rapid growth of BMCC," said Tony Yeoh, general manager of HP China, Consulting & Integration.
Beijing Mobile is a subsidiary of China Mobile Communication Corporation, the largest mobile company in the world with over 200 million subscribers.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended April 30, 2005, HP revenue totaled $83.3 billion. More information about HP Nasdaq is available at http://www.hp.com/.
About Amdocs
Amdocs combines innovative software and services with deep business knowledge to accelerate implementation of an integrated customer management strategy by the world's leading service providers. By delivering a comprehensive portfolio of software and services that spans the customer lifecycle -- target, sell, deliver, bill and support -- Amdocs enables service companies to deliver an intentional customer experience, which results in stronger, more profitable customer relationships. Service providers also benefit from a rapid return on investment, lower total cost of ownership and improved operational efficiencies. A global company with the revenue of $1.774 billion in fiscal 2004, Amdocs employs over 9,500 IT professionals and serves customers in 40 countries around the world. For more information, visit Amdocs at http://www.amdocs.com/.
Amdocs Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the mobile, wireline and IP business segments, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F, filed on December 30, 2004 and our Forms 6-K furnished on February 14, 2005 and May 16, 2005.
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