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Noosh Implements TeleKnowledge, Billing & Revenue Management Solution

Press release from the issuing company

FRAMINGHAM, Mass.--Oct. 9, 2001--TeleKnowledge, Inc., a leading provider of value-based billing and customer care solutions for new-communications service providers, today announced that its Total-e value-based billing platform has been successfully implemented by Noosh, Inc., a provider of collaborative e-Business software solutions. Noosh uses Total-e to bill for a variety of buyer-supplier procurement services, based on diverse value-based pricing models. Total-e is a value-based billing, customer care, and e-partner revenue management solution that enables service providers to manage and profit from application, content and communications service offerings. Its advanced billing and unique e-Partner revenue management functions make Total-e the only solution that accommodates all of the revenue transactions needed to thrive in today's service provider environment. "Noosh has experienced unprecedented growth - our customer transaction volume has tripled over the past year alone,'' said Eli Blatt, vice president of operations, Noosh, Inc. "To better service this growing customer base, Total-e allowed us to introduce new business models, as well as new pricing plans, which enables Noosh to expand our business and increase our competitiveness in our market.'' Noosh enables businesses to easily manage complex procurement projects requiring collaborative interaction among many trading partners. Large corporate organizations and their suppliers use Noosh to manage and procure custom goods and services including print, packaging, direct mail, temporary services, business insurance, capital equipment, and spot buys in other categories. "Total-e's advanced tracking and processing capabilities provide Noosh and their customers with a new level of flexibility in supplier-buyer interactions,'' said Chris Huff, vice president of marketing and business development at TeleKnowledge. "As a comprehensive revenue management solution, Total-e helps Noosh with their billing challenges, and offers them the flexibility and scalability that they need to keep up with their growth.''