FTS' Leap(TM) RevChain Billing Solution Implemented at Cbeyond

(PresseBox) (Boca Raton, Florida, ) FTS (LSE: FTS), a global provider of billing, CRM and business-control solutions for communications, content and service providers, today announced that Cbeyond, a provider of advanced communications and IT solutions to small businesses, has deployed FTS' Leap(TM) RevChain v 7.1, an advanced billing, rating and customer-care solution.

In line with Cbeyond's mission to deliver big business communications and IT services to small businesses at prices they can afford, Cbeyond implemented FTS' Leap RevChain to enable customers the convenience of receiving a single monthly bill for its comprehensive service bundle which allows customers to share minutes across mobile, toll free, and long distance usage types.

"FTS' Leap RevChain has enabled us to achieve our goal of billing convergence across all our service offerings," said Maria Hare, Cbeyond's Director of Billing Operations. "Among other benefits, the solution supports online management of customers' invoices via CbeyondOnline(TM) allowing Cbeyond to be one of the few service providers with 100% paperless invoicing. The upgrade to version 7.1 was a natural progression in our constant endeavor to improve our services and our customers' experience."

"We are pleased with Cbeyond's decision to upgrade their Leap RevChain system to its latest version, which will further enhance consistency of the operator's customer data," said Shaul Ganel, President, FTS Americas. "The powerful new features of Leap RevChain V 7.1 will support landline and mobile phone services, wireless email, data and Internet services, helping improve even more the personalized service the company provides its customers."

FTS' Leap RevChain is an end-to-end, rating, billing and customer-care solution for the service?provider market throughout the Americas, supporting voice, data and content services. Comprised of integrated applications that are designed to address all the critical billing requirements of service providers, the solution was planned to deliver the increased throughput and response time required for rating and billing millions of complex usage records.

About Cbeyond

Cbeyond, Inc. (NASDAQ: CBEY) is a leading provider of IT and communications services to more than 44,000 small businesses throughout the United States. Recently named as the sixth fastest growing technology company by Forbes magazine, Cbeyond offers more than 30 productivity-enhancing applications including local and long-distance voice, broadband Internet, mobile, BlackBerry(R), broadband laptop access, voicemail, email, web hosting, fax-to-email, data backup, file-sharing and virtual private networking. Cbeyond delivers these services over a 100 percent private all IP network. For more information on Cbeyond, visit www.cbeyond.net.

Formula Telecom Solutions Ltd.

FTS (LSE: FTS) is a leading provider of Billing, CRM and Business Control solutions for communications and content service providers. By analyzing events from a business standpoint rather than just billing them, FTS allows providers to better understand their customer base and leverage business value from every event and interaction. FTS deploys its full range of end-to-end, stand-alone and add-on solutions to customers in over 40 countries and has implemented solutions in wireless, wireline, cable, content and broadband markets including multiple cross-network installations. Serving the evolving needs of both traditional and next generation service providers, the company's operations comprise four international R&D locations and strategically-located sales support offices worldwide. For more information please visit http://www.fts-soft.com/.

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