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Subex rebrands Cost Assurance Solution

'Lucreta' to help service providers efficiently manage costs

Bangalore, INDIA: Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS), announced today that it has rebranded its erstwhile Cost Assurance solution, targeted at communication service providers, to help them protect and enhance margins by effective cost assurance measures. The solution is now called Lucreta.

"The name Lucreta is derived from the Latin word 'Lucror' which means to gain profit or win. This is a fitting name for the solution as it helps service providers to recover excess payouts that could result from over payment to partners and overpricing by suppliers, thereby making their investments more 'lucrative'. The name is in-line with the naming convention of all our other products and solutions", said Vinod Kumar, President, Revenue Maximization Business Unit, Subex Ltd.

Lucreta primarily helps service providers to focus on efficient management of costs, an area ignored by many until now, in order to achieve higher profitability. The key feature of Lucreta is its ability to utilize network resources efficiently to reduce network costs - these include leased circuit costs, access costs as well as interconnection costs. This will also help service providers to adopt lean operating principles by automating invoice verification processes, quickly resolving disputes and expediting internal and external audit compliance.

About Subex Limited

Subex Limited is a leading global provider of Operations and Business Support Systems (OSS/BSS) that empowers communications service providers to achieve competitive advantage and deliver new service experiences to subscribers. The company pioneered the strategic concept of the Revenue Operations Center (ROC) - a centralized framework for end-to-end control of a service provider's revenue and costs, fostering operational dexterity for sustained profitability.

Subex's software portfolio powers the ROC and its best-in-class solutions enable new service creation, operational transformation, subscriber-centric fulfillment, provisioning automation, revenue assurance, cost management, data integrity management, fraud management and interconnect/interparty settlement.

Subex's customers include 32 of the world's 50 largest service providers. The company has more than 300 installations across 70 countries.

For more information please visit www.subex.com

Forward Looking and Cautionary Statements

Certain statements in this release concerning Subex's products, strategy and future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, market acceptance of Subex's products and services, Subex's ability to implement its growth strategy, competition in Subex's areas of business and general economic conditions affecting the telecom industry.

Further information:

MEDIA CONTACT
Harshita Nair
PUBLIC AFFAIRS
+91 80 66964157
harshita.nair@subex.com

For further Information:
Shivaram Lakshmi Narayan
GENISIS BURSON - MARSTELLER
+91 9986362431
shivaram.l@bm.com